Senator Upakit Pachariyangkun is back in the spotlight over his alleged links with a crony of Myanmar’s military ruler Min Aung Hlaing who was arrested in Thailand on drug charges…
Business
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BusinessEconomyInvestVietnam
Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO
by Amila Herathby Amila HerathF88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution…
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BusinessEconomyNewsVietnam
Pou Chen reportedly axing 6,000 jobs at Vietnam shoe factory on weak demand
Nike and Adidas footwear supplier Pou Chen Corp has reportedly axed 6,000 jobs at its Vietnam factory citing weak demand. Pou Chen was reported by Reuters, which cited local officials, to have executed…
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BusinessEconomyFeaturedGlobal NewsKazakhstanNational SecurityNews
Kazakhstan Reduces Freight Transit Time by Half via Trans-Caspian International Transport Route
by Wunna Htunby Wunna HtunKazakhstan’s efforts to promote the Trans-Caspian International Transport Route (TITR) enabled the country to halve the cargo transit time from 12 to 6 days. This was announced at a government…
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New report from Amnesty Intl, Global Witness and Burma Campaign UK reveals new shipments of fuel despite hundreds of air attacks last year. The Myanmar military continues to secure supplies…
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BusinessEconomyFeaturedGlobal NewsKazakhstanTechnology
7 Stocks to Watch as Electric Vehicle Adoption Takes Off
Oxus Acquisition Corp. (OXUS) Oxus (NASDAQ:OXUS), a SPAC, was launched by Kenes Rakishev, an investor from Kazakhstan, who was one of the first financial backers of Israeli battery maker StoreDot. Subsequently, the Israeli company…
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BusinessNewsTechnologyVietnam
Yadea Holds Grand Product Launch and Dealer Event at Vietnam National Convention Center
by Amila Herathby Amila HerathHANOI, Vietnam, March 2, 2023 /PRNewswire/ — Yadea Group, the world’s leading electric two-wheeler brand, has staged a major dealer and product launch event in Vietnam’s capital of Hanoi, as part of its ambitious efforts to…
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BusinessFeaturedGlobal NewsNewsRussiaUkraineWorld News
Putin Signs Law Banning Officials From Using Foreign Words
by Kan Khineby Kan KhineRussian President Vladimir Putin has signed legislation that bans government officials from using foreign words in official documents and correspondence as well as while carrying out their duties. “When using…
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BusinessChinaEconomyFeaturedGlobal NewsKazakhstanNewsTechnologyWorld News
New website tracks Chinese investments in Kazakhstan
by Amila Herathby Amila HerathDespite freedom of information laws, Kazakh officials often refuse to discuss what Chinese investors are doing. That breeds suspicion. Back in 2015, Kazakhstan and China signed 52 investment deals valued…
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ASEANAsiaBusinessEconomyFeaturedMalaysiaNews
Malaysia’s manufacturing PMI declines further to 47.8 in December 2022
The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) stood at 47.8 in December last year, slipping from 47.9 in November to mark a fourth consecutive softening of…