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
Hiroshi Kasamatsu, merchandise division chief at Aeon Orange, and 10 Myanmar nationals have been held for allegedly selling rice at prices 50% to 70% higher than officially set ones.
International relations

Japan executive at Myanmar Aeon unit indicted for rice pricing violation

Aeon Orange senior official held at Yangon police station since June 30

12 July 2024
Grab announced a plan to acquire Singaporean taxi group Trans-cab in 2023. (Photo by Ken Kobayashi)
Transportation

Grab's Singapore taxi takeover may violate competition law: watchdog

Antitrust authority says merger will 'significantly weaken' rival platforms

11 July 2024
A U.N. expert's report says companies registered in Thailand are utilizing Thai banks to transfer weapons and related materials to Myanmar's military regime. REUTERS/Athit Perawongmetha
Myanmar Crisis

Thai banks say they lack staff to fully probe Myanmar weapon payments

Lenders respond to criticism, say they 'do not have this kind of investigators'

11 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
Vietnam is trying to fight carbon emissions even as its manufacturing sector accelerates.
Energy

Deregulation to heat up Vietnam's solar sector, other renewables

Businesses now allowed to buy electricity directly from private producers

11 July 2024
Bangkok Airways is enlarging its airport in the Thai resort area of Koh Samui.
Transportation

Bangkok Air shares near 7-year high on Koh Samui airport expansion

Airline to increase flights on lucrative resort island route

11 July 2024
The Chinese aircraft carrier Shandong in April 2023: The warship passed close to the Philippines on its way to drills in the Pacific, Taiwan's defense minister said on July 10. (Handout via Reuters)
South China Sea

Chinese carrier passes near Philippines on way to drills: Taiwan

Shandong, J-16 fighters and H-6 bombers head to western Pacific

10 July 2024
A Bangkok bug seller. Some species of insects are traditionally consumed as food in Thailand.
Food & Beverage

Singapore diversifies food sources with insects

Grasshoppers and crickets approved for human consumption

10 July 2024
Vietnam's rules on storing data locally have created surge in demand that local data center operators have struggled to meet. 
Technology

Vietnam opens cloud, data center market to foreign companies

Telco law allows 100% foreign ownership after contentious storage rules

10 July 2024
Noodle master Tan Kue Kim, wearing his trademark Rolex watch, fries up fare for a customer in January. He died the following month. (Photo by Dylan Loh)
Tea Leaves

Singapore hawkers highlight generational challenge to famed culinary traditions

Young cooks dip spoons into street food trade as older chefs pass on

10 July 2024
Singapore's Temasek Holdings and other global investors are growing cautious over China. (Photo by Keiichiro Asahara)
Finance

Temasek's China strategy to focus on companies with big domestic demand

Market pressure weighs on Singaporean investor despite rebound to 1.6% return

9 July 2024
Honda Motor, one of the biggest Japan's automakers, faces growing competition from Chinese brands in markets such as Thailand.
Automobiles

Honda to end vehicle production at one of its two Thai plants

Chinese rivals have been accelerating into Southeast Asia

9 July 2024
The U.S. 7th Fleet flagship USS Blue Ridge (LCC 19) is docked at the South Harbor in Manila March 5, 2016. 
Defense

U.S. Navy visits former base in Vietnam's strategic Cam Ranh Bay

Ex-defense official has said U.S. presence in area would send firm message to China

9 July 2024
Johor Plantations Group is linked to the government of Johor, the southernmost state in Peninsular Malaysia. (Johor Plantations Group)
IPO

Johor Plantations rises 10% in biggest Malaysian debut in 2 years

Johor state-linked palm oil company raised $156m through IPO

9 July 2024
Vietnam is expected to expand its use of solar power and other renewable energy sources.
Energy

HSBC lends $23m for Malaysian firm's Vietnam solar project

Power plant offsets 75,000 tonnes of carbon in top ASEAN solar producer

9 July 2024
Representatives of Japanese hotels talk with prospective Indonesian workers at a job fair in Jakarta on July 2. (Photo by Nana Shibata)
Japan immigration

In Indonesia and India, labor-starved Japanese hotels scout talent

Job fairs also planned in Vietnam, Philippines, Sri Lanka, Nepal as tourism booms

9 July 2024
The Japan Bank for International Cooperation has funded projects in Vietnam to the tune of over $3 billion. (Photo by Daiki Katagiri)
Energy

Vietnam gas project receives $830m in Japanese loans

Natural gas to serve as transition energy source in Hanoi's decarbonization plan

8 July 2024
Japanese Foreign Minister Yoko Kamikawa shook hands with Philippine Defence Secretary Gilberto Teodoro as Philippine President Ferdinand Marcos Jr. looked during a signing ceremony at Malacanang Palace in Manila on July 8.
International relations

Philippines, Japan sign defense pact to seal South China Sea ties

Filipinos talk of 'instrument of trust,' Japanese of changing 'status quo'

8 July 2024
The offer follows Rex's search for partners for its proposed Hillside Copper-Gold project on the Yorke Peninsula.
Commodities

Indonesia's Salim makes bid for Australia copper player Rex Minerals

Group's $265m offer represents hefty premium over recent share price

8 July 2024
This artist's rendering shows the facility where Keppel unit Volt Singapore will operate a large-scale EV charging hub in the city-state. (Volt Singapore)
Electric vehicles

Singapore to host Southeast Asia's largest EV charging hub

Keppel unit to operate new facility for buses, taxis and passenger cars

8 July 2024
Russian President Vladimir Putin and Vietnamese President To Lam attend a reception in Hanoi on June 20. (Sputnik/Pool via Reuters)
Comment

Is Vietnam's anti-corruption drive a disguised power grab?

Concerns grow that President To Lam may become Putin-style dictator

8 July 2024
Philippine Foreign Affairs Secretary Enrique Manalo said in a written interview with Nikkei Asia that peace and dialogue are key to resolving maritime disputes with China. (Photo by Takuya Fujisawa)
South China Sea

Philippines to seek diplomatic solutions in South China Sea

Secretary Enrique Manalo tells Nikkei that peace and dialogue 'must prevail'

8 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
Years of bogus sales and accounts receivable, combined with rising input costs, left the company unable to repay its debts in early 2023. (Nikkei montage/Source photos by Stark website)
Market Spotlight

Fraud trial exposes shortfalls in Thai corporate governance

Wire maker Stark's scandal ensnares Kasikornbank, Deloitte and Credit Suisse

8 July 2024