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BUSINESS

Zipmex files for bankruptcy protection in Singapore

Reuters, Published on 29/07/2022

» SINGAPORE: The cryptocurrency exchange Zipmex said on Friday that it has filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies.

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BUSINESS

Philippines relaxes rules to woo foreign investment

Reuters, Published on 04/03/2022

» MANILA: Philippines President Rodrigo Duterte approved a law allowing foreign investment in more business sectors, his office said on Friday, in a bid to boost jobs and growth in the Southeast Asian economy.

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BUSINESS

Pig farmers angered by havoc from suspected African swine fever

Reuters, Published on 30/01/2022

» NAKHON PATHOM: Business began unravelling for pig farmer Jintana Jamjumrus two years ago, after dozens of her animals got feverish and died within days of a mysterious illness she suspected of being a viral disease with no known vaccine, African swine fever (ASF).

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BUSINESS

Grab's Nasdaq debut blazes trail for regional peers

Reuters, Published on 02/12/2021

» SINGAPORE: Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40-billion merger with a special purpose acquisition company (SPAC), in a listing that will set the tone for other regional offerings.

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BUSINESS

Financial system stable, but credit access limited - BoT

Reuters, Published on 13/09/2021

» The country's financial system is stable and there are no big issues for the baht, the Bank of Thailand (BoT) said on Monday, adding that one "pain point" was limited access to credit for some businesses from financial institutions.

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BUSINESS

PTT, Foxconn to make electric vehicles in Thailand

Reuters, Published on 31/05/2021

» TAIPEI: Taiwan's Foxconn on Monday announced a partnership with state-run energy group PTT Plc to make electric cars in Thailand, adding to a string of such deals by the iPhone assembler as it makes forays into the car market.

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BUSINESS

Line Corp gears up for food fight in Thailand

Reuters, Published on 05/10/2020

» TOKYO/SINGAPORE: Line Corp's food delivery business in Thailand is gearing up for a prolonged battle with players ranging from SoftBank-backed Grab to banks after a merger with a listings heavyweight and an outside capital injection.

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BUSINESS

Malaysia's top palm oil state reopens company jetties

Reuters, Published on 27/04/2020

» KUALA LUMPUR: Private jetties that were shut in Malaysia's biggest palm oil producing state of Sabah due to coronavirus-related curbs have been allowed to reopen, state news agency Bernama reported.

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BUSINESS

Malaysia fast-tracks investments to win trade-war business

Reuters, Published on 17/09/2019

» KUALA LUMPUR: Malaysia has set up a panel to fast-track investments as it seeks to woo businesses affected by the China trade dispute and it approved more than $500 million in new proposals this month, a government minister said.

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BUSINESS

Malaysia's 5G plan advances, a potential boon for China's Huawei

Reuters, Published on 24/09/2019

» KUALA LUMPUR: Malaysia will start a nationwide demonstration of 5G projects next month, a minister said on Tuesday, indicating it was on track to become one of the first Asian countries to launch the technology.