Bloomberg

Southeast Asia banks urged to amend environment policy

Banks and regulators in Southeast Asia should strengthen financial-sector rules and guidelines to promote funding for environment-friendly projects in a region threatened by deforestation and climate change, the World Wildlife Fund said. Keep reading ...

Chanyaporn Chanjaroen

Southeast Asia Looks Likely to See More U.S. Investment

American business enthusiasm in Southeast Asia is bent but far from broken even as the region grapples with a new trade framework and less U.S. government involvement, according to a survey by the American Chamber of Commerce in Singapore. Keep reading ...

Michelle Jamrisko

Thailand to take on Singapore with $5.7 billion airport overhaul

Thailand is seeking to take on Singapore’s dominance in aircraft maintenance, repair and overhaul with a $5.7 billion upgrade of a Vietnam War-era airport. Lockheed Martin Corp.’s Sikorsky Aircraft is the latest company to study a possible increase in MRO spend in Thailand in the wake ...

Southeast Asian governments are ramping up spending

Governments in Southeast Asia are ramping up spending just as central banks are putting away their policy-easing tools. From Thailand to Malaysia, states are boosting budgets for railways, roads and other infrastructure projects to help bolster growth in a region facing uncertain global markets and the ...

Asia's smallest economies are among its fastest growing

Asia’s smallest economies are growing faster than giants like China, according to the World Bank. Cambodia, Laos and Myanmar will post the most rapid expansions in Asia after India from 2017 to 2019, sustaining growth rates of close to 7 percent, according to forecasts released this week. ...

This private university is accepting rice for tuition fees

A private university in Thailand has begun accepting rice in payment for tuition fees as the nation struggles under a grain glut that’s hurting farm incomes. Students enrolled at Rangsit University in Bangkok’s northern suburbs can pay all or part of next semester’s costs with ...

Thailand evokes Temasek as Junta tries to revive state firms

Thailand is seeking to set up an investment holding company next year for government shareholdings, part of a wider effort to improve the performance of state-controlled enterprises. A law to boost the governance of such firms and enable the creation of the holding company may ...

Anxiety in Manila as Duterte blasts U.S., embraces China

During long hours stuck in Manila’s choking traffic, taxi driver Maning Yabut constantly hears about the anxieties of Filipinos from all walks of life. These days, the talk is all about whether President Rodrigo Duterte’s anti-U.S. outbursts are good for the Philippines. Particularly concerned, he ...

So long to the Asian sweatshop

For 30 years, the word “sweatshop” has conjured up a very specific image: low-wage Asian workers making branded clothes in crowded, unsafe factories for consumers overseas. The power of that image has launched human rights campaigns, altered how major companies source their products and informed ...

Southeast Asian countries’ growth to accelerate commodities rebound

China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...

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