Southeast Asia

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Incoming Philippine c.bank governor says may consider bigger rate hikes

The Philippine central bank may consider bigger interest rate hikes to support the peso, though will not be obliged to…

3 years ago

Explainer: How sanctions against Russia are battering the global aviation industry

Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related…

4 years ago

Valuations of Southeast Asian startups becoming ‘irrational’ -Golden Gate

Valuations of startups in Southeast Asia, home to popular online platforms such as Grab and Sea (SE.N), have become irrational due…

4 years ago

Indonesia Aug exports, imports seen staying strong on resources boom

Indonesia's exports and imports likely continued to surge in August, driven by high prices of the country's main commodities like…

4 years ago

Nestle and Starbucks extend partnership to ready-to-drink coffee

Food giant Nestle (NESN.S) and U.S. coffee chain Starbucks (SBUX.O) are extending their partnership to launch ready-to-drink coffee beverages in…

4 years ago

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity…

4 years ago

Tencent-backed Linklogis, Sunway to jointly seek Malaysia digital bank licence-sources

Malaysian conglomerate Sunway Bhd (SWAY.KL) has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc (9959.HK) and Bangkok Bank PCL…

4 years ago

Samsung bets on Europe 5G orders to grow network equipment business

Samsung Electronics (005930.KS) is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said,…

4 years ago