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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.

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.

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.

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.

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).

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.

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.

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.

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.

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.