Vietnam's Property Sector Attracts $1.98 Billion of FDI So Far in 2024, up 70% Year-on-Year
Vietnam attracted $1.98 billion in foreign direct investment (FDI) in its property sector in the first five months of 2024, a 70% increase y
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May 24
Removing the Philippines' 60-40 Rule Could Entice Investors But Also Destabilize the Status Quo
In 2023, the Philippines saw $8.9 billion in FDI net inflows, a 6.6% decline from 2022. Comparatively, Singapore attracted $141.2 billion, V
May 23
Power Delivery Issues Eclipse Vietnam's Anti-Corruption Efforts
Vietnam's power delivery concerns have been a significant issue since 2020, when electricity demand began outpacing generation capacity. In
May 22
Vietnamese Steel Producers Echo Thailand's Concerns over Steel Dumping from China in the Region
Vietnam and Thailand are taking a regional approach to address the surge in Chinese steel imports, known as steel dumping. Vietnam's April 2
May 20
Luxury Home Sales Plunge 50% in Singapore So Far in 2024
Singapore's luxury home sales have plunged by 50% in the first quarter of 2024, significantly impacted by cooling measures, increased intere
May 18
Thailand Targets Chinese Steel Dumping Representing 70% of Domestic Consumption
Thailand's Ministry of Commerce is contemplating broadening current anti-dumping measures against Chinese hot-rolled coil steel, which makes
May 15
With China’s Property Market Struggling, India, Korea and Vietnam Are Hot
China's commercial property market is slumping due to a combination of companies pursuing a "China-plus-one" strategy to mitigate geopolitic
May 13
Hyosung's $2 Billion Vietnam Investment Plan to Include a Data Center
Hyosung Corporation plans to invest $2 billion in Vietnam, including a data center in Ho Chi Minh City, expanding its presence in...
May 11
Singapore Surpasses Thailand, Accumulates 236.60 Metric Tons of Gold Reserves in Q1 2024
In Q1 2024, Singapore surpassed Thailand as the Southeast Asian nation with the largest gold reserves, with a total of 236.60 metric tons. S
May 10
SMIC's Profits Tumble 68.9% in 2024 Marking a Rough Patch for China's Semiconductor Giant
SMIC, China's largest semiconductor manufacturer, faces intense competition and declining profits, with a significant 68.9% drop in net inco
May 10
Philippines calls for expelling Chinese diplomats as South China Sea row escalates
The disputes took a sharp diplomatic turn in 2024 when the Philippines' national security adviser accused Chinese diplomats of orchestrating
May 10
Microsoft CEO Pledges Nearly $5 Billion for Southeast Asia Investment
Microsoft CEO Satya Nadella recently concluded a visit to Southeast Asia, committing billions to enhance the region's cloud and artificial i
May 8
Japan's NTT Set To Buy 49% of Philippines' PLDT Data Center Business
PLDT, the leading telecommunications provider in the Philippines with a market capitalization exceeding $5 billion, is negotiating the...
May 8
Overview of the AI Boom Fueling Data Centers in Asia
Asia Pacific, including Japan, has led dealmaking activities in the global data center market this year, with M&A value totaling $840.47 mil
May 3
Vietnam's Ten-Year Quest for Emerging Market Upgrade Lingers On After Latest Setback
Vietnam's stock market upgrade to emerging status has been delayed due to the State Securities Commission's rejection of a new trade clearin
May 2
Vietnam's Tech Investments Fall 17%, Outperforming Global 35% Decline
Vietnam's digital economy is on track to reach a valuation of $43 billion by 2025, growing at an impressive annual rate of 20%. According to