A worker installs steel rods at a construction site in Paranaque, a city in Metro Manila.
Economy

Philippines' GDP accelerates to 6.3% despite 'anemic' consumption

Double-digit rise in government spending pushes Q2 growth to fastest in 5 quarters

8 August 2024
Workers make Honda SUVs at an auto plant in China's Hubei province.
Automobiles

Japan's automakers lose market share in China, Thailand as EVs spread

Companies rethink their strategy in these countries as competition accelerates

8 August 2024
 European chipmaker Infineon is expanding its footprint in Malaysia amid expectations of strong demand for power semiconductors. (Photo by Cheng Ting-Fang)
Semiconductors

Infineon opens largest power semiconductor plant in Malaysia

Southeast Asian nation receives record chip, data center investments

8 August 2024
China's ACM Research is among the chipmaking equipment companies considering participating in the joint Malaysian-Chinese expo. (Photo by Shunsuke Tabeta)
Semiconductors

Malaysia and China deepen chip cooperation with joint expo

Kuala Lumpur seeks foreign investment to upgrade its 'Silicon Valley'

8 August 2024
Former Move Forward Party leader Pita Limjaroenrat speaks as he walks on the day Thailand's Constitutional Court delivers its verdict on a case seeking the dissolution of the opposition group.
Politics

Thai Constitutional Court orders Move Forward Party to dissolve

Largest opposition group accused over its policy to amend lese-majeste law

7 August 2024
Tan Su Shan, right, was appointed DBS Group Holdings deputy chief executive on Aug. 7 and will replace Piyush Gupta, left, as CEO next year. They are pictured with DBS Chairman Peter Seah. (DBS Group Holdings)
Finance

Singapore's DBS chief Piyush Gupta to step down after 15 years

Deputy CEO Tan Su Shan to take post next year as first female leader

7 August 2024
Singapore has much in its favor for becoming one of the world's leading climate tech hubs, such as a strong startup ecosystem and government mandates for net-zero.
Opinion

Singapore's climate tech startups are set to clean up

While facing various hurdles, the city-state is well positioned to become a global hub

7 August 2024
A Hyundai electric vehicle being charged in Seoul: Hyundai's Thai factory, to be located just southeast of Bangkok, will start production in 2026.
Electric vehicles

Hyundai to invest $28m in Thailand for EV assembly and batteries

Production to start in 2026, challenging Chinese makers' dominance

7 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
Murad Ebrahim, chief minister of the Bangsamoro Autonomous Region in Muslim Mindanao, speaks to Nikkei Asia in Tokyo on Aug. 6. (Nikkei montage/Source photos by Reuters and Ken Kobayashi)
Economy

Philippines' new autonomous region aims to be halal industry hub

Top official says southwest Mindanao attracting investment from Malaysia, Mideast

7 August 2024
Vice President Kamala Harris' jump to the top of the Democratic Party's 2024 presidential election ticket caught many Washington diplomats off guard. While they weigh whether she will extend President Joe Biden's current Asia policies, they must also prepare for the prospect of a new, unpredictable term for former President Donald Trump.
The Big Story

Harris takes on Trump: Asia braces as U.S. heads toward poll

As diplomats weigh policy hints, VP picks Walz and Vance vie for working class votes

7 August 2024
Traffic in Kuala Lumpur. Subsidies made up 25% of Malaysia's 2023 budget, with about three-quarters devoted to fuel subsidies. (Photo by Hiroki Endo)
Politics

Malaysia to reduce fuel subsidies as inflation weakens

Government turns to tackling deficit after pandemic spending

7 August 2024
Malaysian Economy Minister Rafizi Ramli, fourth from right, at the opening of Malaysia Semiconductor IC Design Park in Selangor on Aug. 6. (Photo by Norman Goh)
Semiconductors

Malaysia moves up value chain with first semiconductor park

'Once in a generation' chance to become chip champion, minister says

6 August 2024
The groundbreaking ceremony was attended by Prime Minister Hun Manet and others. (Photo by Yuji Nitta)
International relations

Cambodia breaks ground on 'Hun Sen' canal project backed by China

Impact on Mekong River, possible military use by Beijing cause concern in region

6 August 2024
High-profile Vietnamese business tycoon Trinh Van Quyet is escorted to court on July 22 for his trial in Hanoi.
Crime

Vietnamese billionaire sentenced to 21 years in $150m fraud case

Prominent tycoon Trinh Van Quyet found guilty of inflating value of his company

6 August 2024
John Lee, center, in Ho Chi Minh City. He is the first Hong Kong chief executive to visit Vietnam, Cambodia and Laos. (Photo by Lien Hoang)
Trade

Hong Kong has ASEAN backing to join RCEP trade pact: John Lee

City goes on charm offensive after COVID-19, security law dent reputation

6 August 2024
The Malaysian ringgit had dropped in February to its lowest level against the dollar in data going back to 1971.
Currencies

Malaysian ringgit hits 16-month high against dollar

Country's strong economy fuels rebound amid greenback sell-off

6 August 2024
Japanese Defense Minister Minoru Kihara, left, shakes hands with his Cambodian counterpart Tea Seiha at the Defense Ministry in Phnom Penh on Aug. 5. (Cambodian Defense Ministry via AP)
Defense

Japan, Cambodia agree to boost defense cooperation, exchanges

Defense chiefs also agree to promote Japan-ASEAN multilateral cooperation

5 August 2024
Philippine Coast Guard personnel wave Vietnamese and Filipino flags to welcome the Vietnam Coast Guard ship CSB 8002 in Manila on Aug. 5. Despite Hanoi and Manila holding competing claims in the South China Sea, the joint exercises are seen as a way to strengthen maritime cooperation amid China's aggression.
South China Sea

Philippines-Vietnam drills to set blueprint for South China Sea disputes

Two nations seek cooperation despite competing claims to waters

5 August 2024
Hyundai's aerial taxi can fly up to 200 kilometers per hour and carry four people. (Courtesy of the Ibu Kota Nusantara Authority)
Technology

Hyundai tests flying taxi near Indonesia's new capital Nusantara

Craft flies in figure-8 pattern for 10 minutes, aims to be operational in 2030

5 August 2024
Household consumption makes up half the Indonesian economy. (Photo by Ken Kobayashi)
Economy

Indonesia's economy grew 5.05% in Q2

Southeast Asian nation's GDP expands as holiday demand, foreign tourists spur growth

5 August 2024
Mike McDermott, chief global supply officer and executive vice president at Pfizer, speaks at the opening of Pfizer's new plant in Singapore's Tuas Biomedical Park on July 23. 
Pharmaceuticals

Singapore gets Big Pharma rush to invest in plants for aging region

Pfizer, AstraZeneca and Novartis to expand production for cancer and other drugs

5 August 2024
Panasonic invited social media influencers from various Asian countries to its product launch event in Tokyo on July 23.  (Panasonic)
Consumer

Panasonic takes on Southeast Asia with high-tech blow dryers

Japanese appliance maker calls on influencers to tackle Dyson, Chinese rivals

5 August 2024
The skyline of Shenzhen, China. The country has been struggling to recover property investment sentiment since it launched a crackdown in 2020. (Photo by Yusuke Hinata)
Market Spotlight

As China's property market slumps, foreign investors get pickier

Singapore capital ticks up while Western buyers shy away from commercial sites

5 August 2024
The Pyongyang Restaurant in Vientiane no longer has clear signage identifying it by that name. (Photo by Junnoruke Kobara)
International relations

North Korean restaurants in Laos fly under radar

No signs, but plenty of clues to connection with Pyongyang

5 August 2024