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BUSINESS

Malaysia energy hub tied to king eyes $35 billion in investments

Bloomberg News, Published on 29/11/2025

» KUALA LUMPUR — The developer of an energy project linked to Malaysia’s king, Sultan Ibrahim Iskandar, says it could attract 144 billion ringgit (US$35 billion) worth of investment from global investors in the long term and help support the nation’s economy.

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WORLD

Crypto’s $205bn stablecoin market set to go mainstream

Bloomberg News, Published on 31/12/2024

» NEW YORK - While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter.

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WORLD

China 'drove away' Philippine navy ship in disputed sea

Bloomberg News, Published on 10/10/2023

» MANILA - China's coast guard on Tuesday said it drove away a Philippine Navy vessel when it entered an area near the disputed Scarborough Shoal in the South China Sea, a claim that Manila denied.

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WORLD

Hong Kong’s floating restaurant sinks

Bloomberg News, Published on 21/06/2022

» Jumbo Floating Restaurant, a faded landmark of Hong Kong, sank in the South China Sea after being towed away from the city to an unknown destination.

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BUSINESS

Thailand moves to shield B1.4tn debt plan from yield surge

Bloomberg News, Published on 13/05/2022

» Thailand will shield its government borrowing plan from surging bond yields by tweaking the mix of short- and longer-term debt instruments it issues, according to the Public Debt Management Office (PDMO).

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THAILAND

World’s largest hydro-floating solar farm goes live in Ubon Ratchatani

Bloomberg News, Published on 09/11/2021

» A floating solar farm that’s equivalent to about 70 footbal fields in size has begun generating power in Ubon Ratchatani, reflecting the country’s push to achieve carbon-neutral status by 2050.

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WORLD

Cruise ship case shows perils of resuming tourism

Bloomberg News, Published on 10/12/2020

» The optimism on display just two months ago when Singapore Transport Minister Ong Ye Kung pledged to reopen the city-state and its tourism-reliant economy has taken a beating after a possible local coronavirus case was found aboard one of Royal Caribbean Cruise’s ships.

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BUSINESS

Oil glut swells off Singapore on global storage scramble

Bloomberg News, Published on 27/04/2020

» A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global fuel consumption that’s crimped demand and boosted the use of ships to store cargoes.

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LIFE

New ports lure Asia’s biggest cruise ship to the Philippines

Bloomberg News, Published on 08/10/2019

» MANILA: The Philippines, a country of more than 7,600 islands where you’re rarely more than a few miles from the sea, wants a bigger slice of Asia’s growing cruise-tourism industry.

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WORLD

N. Korea tests more weapons after floating fresh US talks

Bloomberg News, Published on 10/09/2019

» SEOUL: North Korea delivered a pointed message to the Trump administration -- firing two “short-range projectiles” into its eastern seas hours after saying it was willing to restart nuclear talks with the US.