The Latest Breaking News from Asean

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.

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.

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

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…

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).

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

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.

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.

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.