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Lionel LimCoinDesk |
On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S’s trading partners.
Philippines-based Del Monte Pacific, No. 142 on the Southeast Asia 500, bought Del Monte Foods in 2014.
Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.
Phnom Penh halted fuel imports from Thailand on Monday, with former leader Hun Sen claiming a trading halt would hurt PTT more than Cambodia.
Sea, Grab, and GoTo climbed the rankings of the Southeast Asia 500, in part thanks to their fast-growing fintech businesses.
99 Speed Mart's founder, Lee Thiam Wah, contracted polio at a young age. He’s been wheelchair-bound for much of his life.
Singapore-based SATS, which provides a range of aviation-related services, tripled its revenue following its acquisition of Worldwide Flight Services...
Nationgate generated $1.6 billion in revenue last year, high enough to place it at No. 243 on the Southeast Asia 500.
Shares in Wilmar, one of a handful of Southeast Asian firms to make the Global 500, dropped 3% on the news.
Total revenue from Singapore-based companies reached $637 billion, or about the third of the list's total revenue.
GoTo's recent actions, such as announcing its fintech results ahead of on-demand services, show its priorities are changing.
The U.S.-China trade war appears to be on pause—again.
Nevertheless, Ren Zhengfei cautioned that Huawei still isn’t quite as successful as the U.S.’s fears make it seem.
Sales in SAPMENA, a region coined by L'Oreal that covers South Asia Pacific, Middle East, and North Africa, is the beauty brand's fastest growing...
Lee took office just hours before U.S. tariffs on steel and aluminium were due to take effect, with the 50% levy hitting crucial South Korean exports.
Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.
Chinese companies are now blocked from bidding for public procurement tenders for medical devices for contracts valued over $5.7 million.
The two firms' new 70 billion parameter LLM can operate in Bahasa Indonesia, as well as Javanese, Balinese and Bataknese.
The country's Deputy Minister for International Relations at the Ministry of Investments sees collaboration in agriculture and food security too.
Malaysia's Deputy Prime Minister Ahmad Zahid Hamidi said ASEAN has agreed in-principle to have a common halal logo across the region.
The GCC’s pivot to the East is a “pragmatic move," says Joanne Lin, senior fellow at the ISEAS-Yusof Ishak Institute.
“Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.
Washington warned that using Huawei's chips could violate export controls. Beijing thinks that undermines "consensus" from the Geneva trade talks.
Sea's three businesses, e-commerce, digital financial services, and gaming all saw double digit percentage growth for the first three months of the...
Bhutan wants to be known for more than just spiritual tourism and Himalayan mountains.
Lim Keong Wee hails from the Genting Group family, Malaysia's biggest casino operator. Yet he's trying to carve a different path in the hospitality...
Taiwan recently intervened to curb “excessive” inflows after the New Taiwan Dollar jumped 9% against the U.S. dollar in just two trading days.
The rebranded division will oversee Sea's two digital banks along with its payments and lending services.
The scheduled meeting in Switzerland would be the first time U.S. and Chinese trade officials meet since Trump imposed tariffs on China in February.
On Monday, Malaysia became the latest country in the trade-reliant region to warn that growth may be slower this year.
Allianz tried to buy local insurer Income Insurance for $1.7 billion last year, only for Singapore to eventually block the deal after public outcry.
The chip, dubbed Ascend 910D, will be Huawei's most powerful AI processor to date according to a report from the Wall Street Journal.
Boeing planned to complete 50 orders for Chinese customers this year but is now assessing options as China refuses Boeing plane deliveries due to the...
"Korea has an acute challenge” when it comes to long-term relationships, notes Malgosia Green, Asia CEO for Match.
“We have an incredible relationship with Beijing,” CEO Rob Goldstein said on the casino operator’s earnings call.
Carl Raymond Cruz, the new CEO of Globe Telecom, also admits his "bias" for Indian companies, thanks to their "rigor" and "operational intensity."
The Tesla CEO revealed that production of the Optimus robot has been disrupted by trade frictions.
On Monday, after Xi's visit, Beijing warned countries against signing trade deals with the U.S. "at the expense of China’s interest."
The U.S. announced tariffs on Malaysia, Cambodia, Vietnam, and Thailand on Monday, capping a yearlong trade probe initiated under the Biden...
From banking to fashion, local businesses are targeting a growing middle-class consumer base keen to buy 'halal'.
The chipmaker is keeping its annual outlook for sales and said it has not seen any change in customers' behavior so far.
Japan is a major test of whether the Trump administration can turn its "Liberation Day" shock into real trade deals.
Nvidia's shares plunged almost 7% in after-market trading, amid a broader slump in global markets as Trump's new ban intensifies a U.S.-China tech...
Vietnam is Xi Jinping's first stop on a 3-nation Southeast Asia tour, as China and the U.S. escalate their trade war.
Victor Cheng, CEO of Delta Electronics Thailand, affirms that it’ll be his U.S. customers, not him, that will pay Trump’s tariffs.
Despite promises made by Southeast Asia governments, consumers in the region may not be able to afford American-made products.
Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now face an array of bad...
Vietnam cut import duties on Monday while other governments like Japan and Australia have tried negotiating with Washington.
The Chinese manufacturer's revenue from its autos business is still lower than Tesla's.
The country's trade minister has reportedly formed a task force with the digital minister to tighten regulations around Malaysia's data centers.
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