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Search Result for “Bloomberg News”

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GENERAL

Congestion at Laem Chabang to add B20 billion to Thai shippers’ costs

Published on 12/06/2025

» Thai exporters and importers risk more than 20 billion baht ($616 million) in added annual logistics costs as congestion worsens at Laem Chabang, the country’s main deep-sea port, driven by a surge in shipments ahead of potential steep US tariffs.

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OPINION

The $30m Egyptian pyramids tourism rebrand

News, Published on 12/06/2025

» Some 2.5 million people visit the Pyramids of Giza each year with hopes of an epic experience befitting one of the World's Seven Wonders. But for decades, a trip to Egypt's most famous tourist spot meant battling crowds and parrying aggressive hawkers.

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GENERAL

VietJet and AirAsia planning major Airbus orders

Published on 11/06/2025

» VietJet Aviation and AirAsia are reportedly in talks to acquire as many as 100 Airbus aircraft each, sources at the reigonal budget carriers say, in deals that could be announced as early as the Paris Air Show next week.

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GENERAL

Chinese exports flood Southeast Asia on US tariffs

Bloomberg News, Published on 11/06/2025

» JAKARTA — Vietnam, Thailand and Indonesia are among Asian countries seeing the sharpest surge in Chinese imports as higher US tariffs upend regional trade, according to Citigroup Incorporated.

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WORLD

Malaysia's Anwar faces more challenges even as lawsuit paused

Bloomberg News, Published on 11/06/2025

» KUALA LUMPUR — After more than two years of relative political stability in Malaysia, Prime Minister Anwar Ibrahim faces multiple hurdles that could fuel discontent within his ruling coalition.

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LIFE

Nintendo sells record 3.5 million Switch 2 consoles in four days

Bloomberg News, Published on 11/06/2025

» TOKYO — Nintendo Company sold 3.5 million-plus units of the Switch 2 in just four days, a record-breaking start for the company’s first new console in eight years.

GENERAL

Qantas to close Jetstar Asia, freeing up capital for new fleet

Bloomberg News, Published on 11/06/2025

» Qantas Airways Ltd. said low-cost subsidiary JetStar Asia will close next month, freeing up as much as A$500 million ($327 million) in capital to fund the group’s fleet renewal program.

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INVESTMENT

B.Grimm, Digital Edge to invest $1bn in Thai data centre

Published on 09/06/2025

» Thai power producer B.Grimm Power Plc and Digital Edge DC will jointly invest about $1 billion in a Thailand data center as demand rises for artificial intelligence, cloud computing and other digital services across Southeast Asia.

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GENERAL

China exports slow as trade war takes toll

AFP, Published on 09/06/2025

» BEIJING - Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump's tariff blitz.

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GENERAL

Vietnam inks deals to buy $3bn US products before talks

Published on 08/06/2025

» Vietnamese businesses have signed 20 agreements worth about $3 billion to import more US agricultural products ahead of the third round of official negotiations set to take place next week.