Ronald McDonald watches a delivery driver pick up an order in Bangkok, Thailand. As Grab and LINEMAN fight for survival, other players call it quits.
Business trends

Thai food delivery apps struggle to survive cutthroat market

Local player Robinhood to close as consumers return to their pre-COVID routines

16 July 2024
Staff from housekeeping services provider Bears. While a severe labor shortage in Japan means many companies are keen to hire from overseas, comparatively low wages and the historically weak yen are blunting the country's appeal. (Photos by Yuji Murakami and Ryosuke Matsui)
Asia Insight

Japan's new enemy in fight to lure immigrant workers: The tumbling yen

Visa rules eased, but currency weakness tarnishes Japan's appeal for overseas hires

16 July 2024
Indonesian and U.S. flags flying alongside in Jakarta. Indonesia is rich in nickel, copper and bauxite, and keen to promote itself as a production hub for batteries and electric vehicles.
International relations

U.S. approaches Indonesia to join Mineral Security Partnership

EU and 14 countries already collaborating on critical mineral supply chains

15 July 2024
Toyota's electric vehicle bZ4X was on display last August at the Gaikindo Indonesia International Auto Show. Japanese carmakers have long dominated the Indonesian market.
Your Week in Asia

China 'third plenum' meeting, ADB economic outlook, Indonesia Auto Show

Your weekly lineup of Asia's biggest business and political events

14 July 2024
Laos recently ousted the head of its central bank as authorities in the debt-laden country scramble for scarce foreign currency. (Nikkei montage/Source photos by Ken Kobayashi)
Economy

Laos central bank shake-up reveals forex crisis, China dependence

Vientiane may need more help from Beijing to stem cash outflows

14 July 2024
A container ship sails in waters south of Singapore: The country's export-oriented economy grew 2.9% year-on-year in the second quarter of 2024.
Economy

Singapore Q2 GDP grew 2.9%, beating economist forecasts

City-state expects 1% to 3% expansion for 2024 as external demand recovers

12 July 2024
Malaysia's central bank held its key policy interest rate steady on July 11, point to the potential for higher inflation due to changes in subsidies and price controls in the country. 
Economy

Malaysia central bank holds key rate steady on inflation risks

Monetary authorities cite likely price rises after change to diesel subsidies

11 July 2024
A 7-year-old girl's shrapnel wound is dressed after Pasaung, a town in Karenni state in eastern Myanmar, was repeatedly bombed and set ablaze by the Myanmar Air Force on March 1. (Photo by Free Burma Rangers) 
Myanmar Crisis

Myanmar military's bombing of civilians set for record year

Amnesty International and United Nations report failure of jet fuel sanctions

8 July 2024
Vietnam's Prime Minister Pham Minh Chinh prepares to enter a bilateral room at the Great Hall of the People in Beijing on June 26, 2024. 
Economy

Vietnam targeting Q3 GDP growth of 6.5%-7.0%, PM says

Stick to its target of keeping inflation below 4.5% this year

6 July 2024
A textile market in Jakarta: The Indonesian government plans to impose new import tariffs on clothing, textiles and other products to protect local industries.
Economy

Indonesia business lobby says tariffs 'not solution' for industry

Head of chamber of commerce calls for fair competition to grow SMEs

6 July 2024
The Bangkok area's Suvarnabhumi Airport will be affected by the duty-free shop closures, along with seven other airports.
Travel & Leisure

Thailand to shut duty-free shops at airport arrival zones

Tourist destination wants visitors to spend more in the country

6 July 2024
Thailand's drive into data centers comes as the nation looks to modernize its industrial sector. (Nikkei montage/Source photo by Ken Kobayashi)
Economy

Thailand ramps up push into data centers

Companies such as Microsoft turning to Southeast Asian nation

5 July 2024
A worker takes a reading at a power transmission and distribution center near Jakarta.
Energy

Japan commits to ASEAN power grid project to counter China

PM Kishida to reveal details of 10-year plan as utilities seek slice of market

2 July 2024
Cars for export are seen at a port in Lianyungang, Jiangsu province, China.
Opinion

Asia is set to embrace protectionism in face of China's overcapacity

Pressure growing across region as West imposes more tariffs on Beijing

2 July 2024
A garment factory in Hanoi. The minimum wage in the capital has increased about 80% over the past decade. (Photo by Atsushi Tomiyama)
Economy

ASEAN wage hikes worry industries benefiting from supply chain shift

Vietnam implements 6% nationwide raise; Thailand plans 'unrealistic' 14% increase

2 July 2024
Aeon Orange is a joint venture by Japanese retailer Aeon and its partner in Myanmar. (Photo by Nikkei)
Myanmar Crisis

Myanmar detains Aeon unit exec for high rice prices

Military regime targets big businesses as public frustration over economy mounts

2 July 2024
Electric vehicle maker BYD is opening a new factory in Thailand as Chinese EV producers face the prospect of stiff EU tariffs.
Your Week in Asia

Tokyo picks next governor, Shanghai AI conference, BYD opens Thai factory

Your weekly lineup of Asia's biggest business and political events

30 June 2024
Cashews must undergo a lengthy procedure before they turn into the delicious nuts the globe craves, but Cambodia has never been able to carry out this process on its own. Until now.
Agriculture

Japan helps Cambodia toward its goal of being top cashew exporter

Real estate developer Mirarth completes ASEAN country's processing center

29 June 2024
Workers shift containers at a port in Indonesia. The country mainly imports apparel and clothing accessories from China, Vietnam and Bangladesh, data from the statistics bureau shows.
Trade

Indonesia to levy 100-200% duties on clothing, ceramics, minister says

Tariffs could also soon affect imports of footwear, textiles and cosmetics

29 June 2024
Shaky power supplies are one of the risks for foreign manufacturers.
Economy

Vietnam GDP grew 6.93% in Q2 with risks to recovery 'high'

Growth exceeds expectations in supply chain hub, puts Vietnam on track for 2024 target

29 June 2024
The Taipei skyline. Taiwan has inked an investment agreement with Thailand in a potential boost for business.
International relations

Taiwan announces Thailand investment deal, marking first pact under Lai

Move picks up where Tsai left off in diversifying economic ties away from China

28 June 2024
Economists expect the Philippine central bank to cut its key policy rate later in 2024.
Economy

Philippine central bank chief says August rate cut 'more likely' than before

Keeps key interest rate on hold for now amid lingering inflation worries

27 June 2024
Bangladeshi workers in Dhaka line up for air tickets to return to Saudi Arabia. Many South Asian migrants work in the Middle East.
Immigration

Philippines, Bangladesh push Asian migrant numbers to record high

6.93 million workers go abroad in 2023 as remittances hit $371.5 billion

27 June 2024
Under plans to ease regulations on property ownership in Thailand, foreigners will be able to lease land for 99 years. (Photo by Ken Kobayashi)
Property

Thailand to court foreign buyers amid condominium supply glut

Government to ease rules as domestic purchasing power weakens

26 June 2024
The Stock Exchange of Thailand is staring down another year as Asia's worst-performing market. (Photo by Ken Kobayashi)
Markets

Thailand expands ESG fund criteria to boost sluggish bourse

Political risk and corporate scandals still haunt investor confidence

25 June 2024