Philippine central bank pauses rate cuts on benign inflation
The Philippine central bank on Thursday held interest rates steady at its last monetary policy meeting for the year due to a positive domestic...
Tesco gets offer for Thai, Malaysian stores
Retail giant Tesco could gain around US$9 billion by selling off its Asean businesses, according to a former supermarket chief. Shares in the supermarket...
Goldman 1MDB fine could be below US$2 billion
Goldman Sachs Group Inc. could pay under US$2 billion to settle US probes over its role in raising money for scandal-plagued Malaysian investment fund...
Singapore property chiefs warn of property glut
Singaporean property developers say an oversupply of apartments and a stagnating economy are set to suppress housing prices. The president of the Real Estate Developers Association of...
Masatsugu Asakawa is new ADB head
Masatsugu Asakawa is the new president of the Asian Development Bank (ADB). Asakawa, who is currently serving as a special advisor to Japan’s prime minister...
Essex tragedy: last of ashes and bodies sent home to Vietnam
Cremated remains and bodies of victims of the Essex deaths have finally returned in full to Vietnam. Seven had been cremated in the UK before...
Thailand’s fragrant rice falls behind peers’
Failure to win the World’s Best Rice award for two consecutive years has jolted Thailand—the home of the Hom Mali (jasmine) rice—to overhaul its...
Thailand, Hong Kong eye free-trade deal
Thailand is planning to seal a free-trade agreement (FTA) with Hong Kong, particularly in areas of services, cyber security, and green financing. Deputy secretary-general to...
Philippines prepares for world-class airport
The Philippines is set to get its own world-class gateway after the National Economic and Development Authority (NEDA) on Friday cleared the consortium’s proposal...
Cambodia eyes more revenues from customs, excise taxes
Cambodia is looking at raising its revenue target by over 20 percent next year, with the boost expected to come from higher customs and...
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ASEAN-5 growth forecast trimmed as exports slow
The International Monetary Fund (IMF) trimmed its growth forecast for five members of the Association of Southeast Asian Nations (ASEAN) members amid their continued...
Motorcycle taxis banned in the Philippines
Motorcycles that are being used for public transportation in the Philippines will be deemed illegal beginning next week amid the looming end of a...
Facebook sorry for Myanmar translation blunder
Facebook has apologised after translating Chinese President Xi Jinping's name as “Mr Shithole” during the high-profile visit to Myanmar by the all-powerful leader of...