Japan’s SMFG keen to raise stake in Indonesian bank BTPN to majority Sumitomo Mitsui Financial Group (SMFG) is keen to raise its stake to a majority in Indonesian lender BTPN if authorities permit, the Japanese […]
SBV wants ATMs to run efficiently before Tet The State Bank of Viet Nam (SBV) has asked the relevant agencies to ensure all automatic teller machines (ATM) are operational in the months approaching Tet (Lunar […]
Hun Sen says Cambodia is self-sufficient and does not need other countries to ‘destroy peace anymore’ Prime Minister Hun Sen repeated his insistence that Cambodia is self-sufficient and does not need the support of outside […]
Indonesia’s Indofood buys out drink venture partner Asahi for $20m Indonesia’s largest food company, Indofood Sukses Makmur, said Friday it will buy Japan-based Asahi Group Holdings’ stakes in two nonalcoholic beverage joint ventures for $20 […]
Treasury reports strong fiscal year The Vietnam State Treasury (VNST) has fulfilled its assigned tasks of capital disbursement, monetary injection and strictly managing State Budget expenditures, says its Deputy Director General Nguyen Quang Vinh. — […]
Hun Sen Claims Cambodia Can Survive Without ‘Oxygen’ of Trade With West Hun Sen said his government was working to resist “negative influence” from the west while developing its agricultural sector, industry, and manufacturing. — […]
Business & Politics: Eyeing Indonesia’s 2019 Presidential Election Investors will need to keep an eye on Indonesia’s political years of 2018 (regional elections) and 2019 (legislative elections) as the outcomes can have a big impact […]
Vietnam’s hydropower dam builder to raise $100m in IPO Vietnam’s state-owned Song Da Corporation plans to raise some 2.4 trillion dong ($106 million) at its initial public offering on the Hanoi Stock Exchange on Dec. […]
Hun Sen’s New Year Gift: Universal Healthcare For All Cambodia Employees While Cambodia-focused media and human rightists have been focusing on the country’s slide from democracy a funny thing happened… universal healthcare for all workers […]
Indonesia fines Danone affiliate $1 million for unfair business practices Indonesia’s anti-monopoly agency has imposed a $1 million fine on bottled water producer PT Tirta Investama, which is affiliated to French firm Danone, for resorting […]
Vietnam to prosecute another former oil executive over mismanagement Vietnam police on Wednesday ordered the prosecution of a former executive at scandal-hit state energy company PetroVietnam over financial losses, the latest move in a high-level […]
US democracy ‘not a good fit for Cambodia’, says academic Pro-government academic and head of Cambodia’s Royal Academy Sok Touch yesterday continued to voice support for the government’s recent actions against the opposition while dismissing […]