Vietnam’s EV Maker, VinFast Announces New CEO
VinFast, Vietnam's trailblazing electric auto manufacturer, embraces leadership shifts as it strides into its next developmental chapter. Founder and Chairman of Vingroup, Mr. Pham Nhat...
MIC Board Discusses Sectors For Investments In The Philippines
During its inaugural meeting on January 3, 2024, the Maharlika Investment Corp. (MIC) discussed key aspects of the Maharlika Investment Fund (MIF). The Department of...
Lazada’s Recent Layoffs and Strategic Shifts in Singapore
Lazada, a prominent regional e-commerce player, made headlines on January 3 with the announcement of undisclosed staff layoffs in Singapore. Responding to inquiries, a Lazada...
Thailand to lower alcohol and entertainment tax to improve tourism
Thailand is making strategic moves to enhance its tourism sector, with the cabinet recently approving tax cuts on alcoholic beverages and entertainment venues. The decision...
Philippines NAIA Airport Project Receives 4 Bids
In a significant move to enhance travel experiences, the Philippines saw four bidders competing in an auction for the 170.6 billion pesos (S$4 billion) upgrade...
Sumitomo Life plans to acquire Singapore Insurer, Singlife at $4.6 Billion
Japanese insurer Sumitomo Life Insurance is making waves with a significant move in the insurance sector, announcing plans to fully acquire Singapore Life Holdings (Singlife)...
Economic and Business Growth Trends for ASEAN in 2024
As we stand on the cusp of 2024, the economic landscapes of Southeast Asian nations paint a diverse picture of growth and resilience. From the...
IMF and Economists Eye Strong Philippines Economic Rebound in 2024
Economists, echoing the International Monetary Fund's (IMF) optimism, foresee a robust economic rebound for the Philippines in 2024. Key factors influencing the trajectory include fiscal...
Malaysia is top tourist destination in Southeast Asia in 2023
Southeast Asia has witnessed a robust resurgence in international tourist arrivals in 2023, signifying a remarkable rebound from the pandemic's impact. Malaysia, during the period...
Manila Wins World Top Tourism Destination Award
Manila achieved a historic tourism milestone, earning the title of "World’s Leading City Destination" at the 2023 World Travel Awards in Dubai. The prestigious event,...