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The Latest Breaking News from Asean

Coalition flags housing policy ‘refresh’ – as it happened

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The Guardian - AU

Crowdfunding booms as small firms feel the squeeze

A Thai unit of Investree, the Asean-based financial technology company, reported 200% growth in business in the first quarter this year as small and medium-sized enterprises (SMEs) relied more on crowdfunding platforms because banks tightened their SME lending criteria.

Bangkok Post

Govt hosts Myanmar junta official for talks; key Asean members stay away

The government on Monday hosts talks aimed at re-engaging Myanmar's shunned military leaders though important Southeast Asian neighbours are staying away from a gathering critics view as undermining regional unity on the strife-torn country's crisis.

Bangkok Post

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SET seeks long-term plan for the future

The Stock Exchange of Thailand (SET) has posted the highest trading value in Asean since 2012, though it needs a long-term plan to manage the opportunities and challenges as capital markets evolve, according to the bourse.

Bangkok Post

NZ blocks Myanmar from Asean study tour

A diplomatic dance has led the Government to bar Myanmar officials from our shores - but invite them to an offshore trade event funded by New Zealand.

Newsroom.co.nz

Thailand joins Asean EV battery initiative

Thailand has teamed up with five technology and electric vehicle (EV) organisations in Asean to jointly study and develop EV battery technology in a fresh move to strengthen the growing EV industry in the region.

Bangkok Post

Convoy carrying Asean diplomats 'attacked' in Myanmar

A convoy of diplomats travelling in Myanmar came under fire from an unknown armed group, a military official and a diplomat said Monday.

Bangkok Post

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Asean's fight on haze needs rethink

Recent land and forest fires have brought haze back after several years of relatively clear skies, which coincided with Covid-19 slowdowns.

Bangkok Post

Time to adapt global value chains

The Association of Southeast Asian Nations (Asean) economies has again proven itself to be among the world's most resilient economic groupings. Relying on strong exports, sound macroeconomic policies, and effective buffers, the economies of Asean recovered rapidly from the devastating impact of Covid-19, recording growth of 5.6% in 2022 after…

Bangkok Post

Region told to rev up decarbonisation

Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

Bangkok Post

Mobius firm bullish on Asean region

Emerging markets in Southeast Asia should continue to perform well this year despite economic headwinds, says renowned fund manager Mark Mobius.

Bangkok Post

ADB, Monsoon Wind ink financing deal

The Asian Development Bank (ADB) and Monsoon Wind Power Co have signed a financing agreement worth US$692.5 million to support the construction of a 600-megawatt wind power plant in southern Laos, the largest cross-border wind energy project in Asean.

Bangkok Post

LHFG to expand Taiwan loan portfolio

Land and Houses Financial Business Group (LHFG), a holding company of LH Bank, aims to grow its Taiwanese banking business more aggressively this year, boosted by manufacturing relocation by multinational and Taiwanese firms to Asean amid deglobalisation.

Bangkok Post

Thailand essential to GWM's ambitious plans

Chinese sport utility vehicle manufacturer Great Wall Motor (GWM) is determined to expand its electric vehicle (EV) business in Asean, with Thailand and Indonesia selected as its top destinations.

Bangkok Post

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Bangkok Post

SET records strong January performance

The Stock Exchange of Thailand (SET) performed strongly in the first month of 2023, with companies continuing to mobilise funds through the bourse in various forms to expand their businesses, according to the authorities.

Bangkok Post

New Thai-Malaysia economic dynamics

Without any diplomatic pleasantries, Prime Minister Prayut Chan-o-cha kicked off bilateral talks last week with his Malaysian counterpart, Prime Minister Anwar Ibrahim, by stating clearly that Thai-Malaysian ties have not been progressing very well. The opening remarks drew a big smile from Mr Anwar as a sign of appreciation. It…

Bangkok Post

BGRIM signs Malaysian energy deal

B.Grimm Power Plc (BGRIM) plans to supply electricity from renewable sources to TNB Power Generation Malaysia in an effort to support energy security in Asia and assist the Asean Power Grid project.

Bangkok Post

New Huawei chief reaffirms Thai vision

The newly appointed chief executive of Huawei Technologies (Thailand) is committed to developing the nation as the digital hub of Asean, supporting businesses and startups to adopt secure and reliable cloud solutions and playing a part in improving the country's Global Cybersecurity Index (GCI) ranking.

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Bangkok Post

Social security a win-win solution

When Saw Sunday was severely burned and disabled in a workplace accident at a construction site in Thailand in 2019, his future looked bleak. However, the former migrant worker in November travelled to Bangkok from his home in Myanmar to collect the first instalment of benefit payments that he will…

Bangkok Post

PM urges more EU economic cooperation

Prime Minister Prayut Chan-o-cha has urged further cooperation between Asean and the European Union (EU) in three key areas -- sustainable quality infrastructure development, electric vehicles development and the improvement of Asean's trade standards.

Bangkok Post

China seeks upgrade of massive trade zone with Asean amid US hostility

China is expected to start talks with Southeast Asian nations about an upgrade to their giant free-trade zone in a potential boost to the stability of Beijing's manufacturing supply chains amid mounting rivalry with the United States.

Bangkok Post

Asean's chief priority is recovery

Asean, comprising open trading nations and net importers of energy, has been severely impacted by the economic disruptions linked to the pandemic and the economic fallout arising from the ongoing geopolitical conflicts, notably, through higher food and energy prices and more restrictive trade flows.

Bangkok Post

Lazada chief pursuing sustainable growth

The new chief executive of Lazada Thailand has vowed to pursue sustainable growth by improving the customer experience and support Thai producers exporting their products in Asean.

Bangkok Post

TrueMoney inaugurates 'Pay Next - Credit on Hand'

TrueMoney, a major e-payment and financial service provider in Asean, is offering a buy now, pay later (BNPL) service through its Wallet app, enabling users to make purchases from a credit line without having to spend their personal cash.

Bangkok Post

Asean to top export growth

Asean is expected to lead the world in terms of export growth from 2021 to 2026, followed by South and Central Asia, according to a report by global logistics provider DHL.

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