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SoftBank Ramps Up Startups Investment In Southeast Asia

SoftBank Group (SBG) is stepping up investment in startups in Southeast Asia again. Many of these startups are unicorns -- a company valued at...

Record $4.9 Billion Raised In South-East Asia IPOs In First Half...

Companies in South-east Asia raised a record US$4.9 billion through initial public offerings (IPOs) in the first six months of this year, according to...

Thailand Risks First Double-Dip Recession Since 1998 Asia Crisis

Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging...

Malaysia’s Lockdown Dooms 150,000 SMEs, Fuelling Fears of Exodus by Multinationals

Half of Malaysia’s 900,000 small and medium-sized enterprises (SMEs), which employ about 50 per cent of the country’s 15.9 million workers, could fold if the...

Wuhan’s Industry Boosted By China-ASEAN Digital Cooperation

Deeper cooperation between China and the Association of Southeast Asian Nations (ASEAN) in the digital economy will benefit Wuhan, Central China's Hubei Province, which...

Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...

Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...

Malaysia Considers Relaxing Movement Restrictions For The Fully Vaccinated

The Malaysian government is looking into relaxing restrictions for those who are fully vaccinated, including allowing people to travel or dine at restaurants, says Prime Minister...

Netbank And Investree Launch SME Lending In The Philippines

Netbank, the banking as a service platform, and Investree, the leading SME lender from Indonesia, have announced a partnership to expand loans to SMEs...

Indonesia Central Bank Slashes 2021 GDP Outlook To 3.8%

Indonesia's central bank has cut its forecast for 2021 economic growth to 3.8% based on early assessment of the impact of recent coronavirus restrictions,...

ASEAN Markets Offer Huge Opportunities For European Firms

Vietnam, Malaysia and Thailand are the most attractive expansion destinations for European corporates, according to a recent survey conducted by Standard Chartered Bank. The survey said 88...

Vietnam’s Ho Chi Minh City Enters Two-Week Coronavirus Lockdown

Vietnam's economic hub Ho Chi Minh City began a two-week lockdown Friday (July 9) in the hope to contain the country's worst Covid-19 virus outbreak. The...

Bukalapak Targets $1.5 Billion in Biggest Indonesia IPO

Online marketplace Bukalapak aims to raise as much as 21.9 trillion Indonesian rupiah ($1.5 billion) in an initial public offering, the first of Indonesia’s...

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