US Fed raises interest rate to highest in 22 years
The US Federal Reserve (Fed) has increased its benchmark interest rate by a quarter of a percentage point to 5.25-5.5%, signaling the possibility of further...
Thailand Business leaders urge parliament to form a government within a month
Thailand's business leaders are voicing concerns about the ongoing political instability in the country. The general election held in May has yet to produce a...
MyAirline Malaysia leases 17 more aircraft, eyes IPO
Last week, Malaysia's MYAirline announced that it had signed a lease deal for 17 additional aircraft. It also shared plans to list on the Malaysian...
Singtel plans Johor Data Center
Singtel is actively exploring the development of a data center campus in Johor, Malaysia. The Menteri Besar of Johor, Onn Hafiz Ghazi, announced this news...
Temasek Reports $6 Billion Loss
Singapore state-owned investor Temasek reported a net loss of $6 billion for the fiscal year ending in March. Temasek put the loss due to global...
Foxconn to invest $250 million in Vietnam
Foxconn aims to invest 250 million in Vietnam. It has set its sights on Vietnam for its expansion plans in the electric vehicle (EV) sector....
Khazanah seeks more resilient portfolio
Khazanah Nasional is taking action to enhance the resilience of its investment portfolio amidst market volatility. This news is according to its managing director. Khazanah's...
CP Group and Toyota plan to produce hydrogen gas in Thailand
CP group and Toyota Motor Corp. announced on Monday their plan to commence hydrogen production in the country this year. Thailand's wealthiest family-controls CP Group...
AirAsia says more international flights from Philippines
AirAsia has pledged to increase its number of international direct flights from the Philippines. The company remains highly confident in the country's appeal to global...
Chinese Battery Giant CATL partners with Arun Plus to enter Thailand
CATL has announced plans to establish a battery assembly factory in Thailand. It will collaborate with Arun Plus. CATL is a the Chinese battery giant....