Hisham Hamdan is chief investment officer for Malaysian sovereign wealth fund Khazanah Nasional. (Khazanah Research Institute)
Economy

Malaysia's Khazanah fund expects 2024 returns to top last year's 5.7%

Chief investment officer credits strong domestic, U.S. and EU markets

11 September 2024
Ownership of crypto in Singapore dropped to 26% in 2024 from 30% in 2022, according to a recent survey. (Nikkei montage/Source photos by Akira Kodaka)
Cryptocurrencies

Singapore's crypto ownership falls amid selloffs, regulatory chill: poll

Nearly half of nonowners and past owners cite regulatory concerns as a barrier

10 September 2024
A Philippine coast guard vessel and a Chinese coast guard vessel sail next to each other during an incident in the South China Sea, in this screen grab obtained from a handout video released Aug. 19.
Opinion

Philippines needs robust response to China's Sabina Shoal threat

Strategic location is the latest flashpoint in the South China Sea

10 September 2024
A collapsed bridge over Vietnam's Red River has become emblematic of the destruction wrought by Typhoon Yagi.
Natural disasters

Yagi 'destroyed us:' Vietnam recovers from typhoon, fallen bridge

Death toll hits 63 as officials hunt for survivors, repair flooded factories

10 September 2024
Taiwan's Passive System Alliance (PSA) has started production at its new printed circuit board factory in Malaysia's Penang. (Photo by Lauly Li)
Supply Chain

Taiwan's PSA opens Malaysian PCB plant to tap server, auto demand

Factory doubles the company's local capacity for printed circuit boards

10 September 2024
Acecook mainly sells instant noodles in Vietnam under the Hao Hao brand. (Photo by Yuji Nitta)
Food & Beverage

Japan's Acecook grabs 40% of Vietnam's instant noodle market

Vietnamese per-capita consumption climbs to 83 servings a year

10 September 2024
A municipality worker collects garbage, most of which is plastic and domestic waste along the shore of Jakarta on June 8, 2023.
Opinion

Multinationals must work with Global South to reduce ocean waste

Companies must help solve environmental challenges they created in places like Malaysia

10 September 2024
Peach Aviation positions medium-haul routes to Southeast Asia as its next growth market. (Peach Aviation)
Transportation

ANA's Peach Aviation to add Singapore route in Southeast Asia push

Low-cost carrier seeks to tap demand for Japan travel in competitive market

10 September 2024
Alice Guo, who is a former mayor of Bamban, Tarlac province and is also known as Chinese national Guo Hua Ping, attends a Senate hearing in Manila on Sept. 9.
Politics

Philippine Senate holds ex-mayor Alice Guo in contempt a second time

Case grips nation amid heightened tension with China

9 September 2024
Masato Kanda, Japan's former vice finance minister for international affairs, is being nominated to take over the presidency of the Asian Development Bank early next year.
International relations

ADB chief Asakawa to step down, 'Mr. Yen' Kanda likely successor

Japanese Finance Ministry veteran says it is time for new leadership

9 September 2024
Lee Thiam Wah, founder of 99 Speed Mart Retail Holdings, speaks during a news conference on Sept. 9 as the company's shares made their public debut the same day. (Photo by Norman Goh)
IPO

Malaysian grocery chain eyes 3,000 stores after market debut

99 Speed Mart shares rise 14% in country's biggest IPO in 7 years

9 September 2024
Markets in Laos offer an array of tempting treats, but locals are struggling with dwindling purchasing power. (Photo by Ken Kobayashi)
Inflation

Laos hit hard by inflation, currency woes and plunging spending power

Experts warn nation must cut debt to China and others to ease economic burden

9 September 2024
A gamer tests out a game at the Thailand Game Show 2022. The Thai government aims to promote the country as a regional hub for online games.
Media & Entertainment

Thailand aims to build soft power by nurturing gaming industry

New law to be enacted next year as government anticipates growth for the sector

9 September 2024
All six ETFs, which made their market debuts in Hong Kong at the end of April, have posted negative returns as of the end of August. (Source photos by AP and Getty Images)
Market Spotlight

From Hong Kong to Singapore, crypto ETFs face chill

Market turbulence ahead of U.S. election weighs on digital asset funds

9 September 2024
An aerial view shows the Ortigas business district in Pasig City, Philippines. The Philippine economy grew at a robust 5.6% clip last year, bouncing back from the COVID pandemic better than many countries in the region.
Opinion

The Philippines must kick its coal addiction

A total ban on coal development is needed to prevent further rise in use of the fossil fuel

9 September 2024
Rohingya refugees gather in Cox's Bazar, Bangladesh, on Aug. 25 to mark the seventh anniversary of their fleeing from neighboring Myanmar.
International relations

Bangladesh calls for faster resettlement process for Rohingya

About 8,000 members of Muslim ethnic minority group have fled Myanmar

9 September 2024
Apollo Quiboloy appears on his talk show on May 23, 2016, in Davao City, southern Philippines.
Crime

Philippines arrests celebrity pastor accused of sex crimes

Interior Secretary posts on Facebook page, without specifying how or where he had been

8 September 2024
A man walks past a devastated area following the impact of Typhoon Yagi, in Hanoi, Vietnam, September 8, 2024.
Natural disasters

Typhoon Yagi weakens after killing dozens in Vietnam, China, Philippines

Storm downgraded to tropical depression but risks of flash floods, landslides remain

8 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

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

8 September 2024
Military personnel clear trees that fell due to the impact of Typhoon Yagi in Hanoi on Sept. 7
Natural disasters

Super Typhoon Yagi arrives in Vietnam, killing at least 4

Industrial hub Haiphong among hardest hit cities with widespread power outages

8 September 2024
News stories appeared blocked after police swarmed the campus of messaging-and-payments startup VNG. (Photo by Lien Hoang)
Startups

VNG names acting CEO after police raid Vietnam tech startup

Still no reason given for probe of Tencent-backed gaming-to-cloud Nvidia partner

7 September 2024
Chowking's halo-halo includes familiar ingredients for Filipinos such as flan, tapioca pearls and ice cream made from ube purple yam. (Photo by Yuki Fujita)
Food & Beverage

Icy Philippine dessert halo-halo gets fancier to woo fans

From fruits to edible gold, myriad mix-ins make a treat for eyes and taste buds

7 September 2024
VNG's messaging app, Zalo, and payment app, ZaloPay, are very popular among Vietnamese. 
Startups

Vietnamese police raid tech company VNG in 'surprise investigation'

No reason given yet but business to continue operating normally

7 September 2024
With the state-backed ESG fund expected to stimulate the market, one brokerage forecasts the SET Index to rise 5% by the end of the year. (Photo by Takaki Kashiwabara)
Markets

Thai stock market rallies as state-backed $4.5bn fund gears up

Benchmark SET index nears 2024 high, lifted by companies with high ESG ratings

7 September 2024
Large crowds on opening day lifted sales at the new store to a one-day company record. (Miniso)
Retail

China retailer Miniso opens its biggest store in Jakarta

New Indonesia location sets one-day sales record for growing chain

7 September 2024