Singapore Police seize assets close to S$1 billion in anti-money laundering operation
The Singapore police have arrested ten individuals, aged 31 to 44, on suspicion of involvement in forgery, money laundering, and resisting arrest. Additionally, law enforcement...
Shares of Vietnam’s EV maker, VinFast surge in Nasdaq debut
Vietnamese electric vehicle (EV) manufacturer VinFast's debut on Nasdaq saw its shares (VFS.O) surge in value after a $23 billion backdoor listing. The EV maker...
Gulf Energy and Thaicom are top Thai stock performers pulling billions of baht in revenue
Gulf Energy Development (GULF) reported a remarkable 88.47% surge in net profit. This amounted to 2.88 billion baht, during the second quarter of 2023 compared...
Rainbow Swatch owners face 3 years jail in Malaysia
The Malaysian government has imposed a ban on Swatch's rainbow-themed products. They cited their connection to the LGBTQ movement and alleged "harm to morality." This...
Vietjet starts direct service between HCMC and Jakarta
Vietjet launched a direct route connecting Ho Chi Minh City (HCMC) and Jakarta, Indonesia. This marks the third direct link in their flight network between...
FTAs seen to bring more exporters into PEZA zones
PEZA Director General Tereso Panga has stated that the Philippine Economic Zone Authority (PEZA) stands to gain benefits from free trade agreements (FTAs). He explained...
MOSTI: RM 1.8 Billion contributed by Cradle Fund to Malaysia National GDP since inception in 2003
Since its establishment in 2003, Cradle Fund Sdn Bhd has added RM1.83 billion to the national gross domestic product (GDP) through grant and investment programs....
Negative growth reported in first half of 2023 for housing development in HCMC
Property trading in Ho Chi Minh City saw a decline of 11.6% in the first and second quarters of this year compared to the same...
Thailand says most Investment from China
The Board of Investment (BOI) has observed a consistent flow of investment applications from China. These are particularly in Electric Vehicles (EV), electronics, and digital...
Positive earnings reported by F&N
Fraser & Neave Holdings (F&N) has reported a core net profit of RM312.2 million for the first nine months of the fiscal year 2023 (9MFY23)....