Hyundai to produce e-vehicles at Indonesian plant

South Korean car-maker Hyundai Motor Company was set to produce electric vehicles (EV) in Indonesia by 2022 as the country plans to manufacture batteries...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...

Singapore, Qatar oil-makers partner for LNG project

Singapore has inked a deal with Qatar for the establishment of the first long-term liquefied natural gas (LNG) that details pollution from the fastest-growing...

Twin typhoon smashes into the Philippines

The Philippines was hit by a twin typhoon on Sunday--one of which considered the strongest for the year--claiming the lives of seven people amid...

Laos to speed up immigration services for China

Laos was set to launch a fast-tracked immigration services for China as it relaxed restrictions at their shared border which was previously sealed to...

Moody’s: Borrowers to face debt shock next year

Governments and corporations accumulating a significant amount of debt to combat the effects of the coronavirus disease 2019 (COVID-19) are bound to shell out...

Thailand government urged to boost ties with China

Thailand was seeking to deepen its trade relationship with China in a bid to support its ailing economy amid the global pandemic. In a report...

Tokens get Singapore trace half of population

Singapore has collected more than 400,000 TraceTogether tokens, putting it at the 50% mark in digital contact-tracing amid the coronavirus pandemic. According to a report...

Malaysian king to decide on economic emergency proposal

The King of Malaysia was set to meet with other senior royals to discuss the possibility of declaring a state of emergency as proposed...

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Economic recovery buoys Philippine remittances in May

Money sent home by overseas Filipino workers (OFWs) rose by 13 percent in May as businesses dampened by the pandemic were starting to crawl...

Philippine power supply to get boost from new solar plant

The Luzon Grid in the Philippines is set for a boost after Global Business Power Corp. (GBP) broke ground for a new solar power...

Will Japan seize its “ASEAN moment”?

At a time when Japanese officials are hardening their stance against China in the matter of Taiwanese independence, the country has been working hard...