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Anwar Ibrahim warns Southeast Asia trade war not a ‘passing storm’

Anwar Ibrahim warns Southeast Asia trade war not a ‘passing storm’

KUALA LUMPUR, Malaysia — Malaysian Prime Minister Anwar Ibrahim warned Wednesday that global trade is being weaponized. He said this as Southeast Asia’s foreign ministers held annual talks ahead of the looming threat of US trade tariffs. Concerns...

Business : LGMS To Acquire 27 Pct Stake In Antarex For RM22.68 Mln 

Business : LGMS To Acquire 27 Pct Stake In Antarex For RM22.68 Mln 

KUALA LUMPUR, July 9 (Bernama) -- Cybersecurity services provider LGMS Bhd has proposed to acquire a 27 per cent stake in Antares Holdings Sdn Bhd for RM22.68 million. In a Bursa Malaysia filing, LGMS said the stake acquisition in information...

Business : Uruguay Urges Stronger Engagement Between ASEAN, MERCOSUR

Business : Uruguay Urges Stronger Engagement Between ASEAN, MERCOSUR

By Nur Atiq Maisarah Suhaimi KUALA LUMPUR, July 9 (Bernama) -- Uruguay’s Foreign Minister Mario Lubetkin has called for deeper cooperation between ASEAN and the South American economic bloc, MERCOSUR, emphasising the need to move beyond dialogue...

Marriott International to add seven hotels across South Asia

Marriott International has signed an agreement with Ventive Hospitality to open seven hotels, as part of a portfolio deal comprising 1,548-keys across five brands. This includes multiple brand debuts with a Ritz-Carlton Reserve in Sri Lanka,...

Rubio in bind as he seeks to reassure south-east Asia, even as it faces Trump tariffs

Rubio in bind as he seeks to reassure south-east Asia, even as it faces Trump tariffs

Even as they face among the most punitive tariffs globally, the US secretary of state, Marco Rubio, has sought to reassure south-east Asian countries of Washington’s commitment to the region, saying they may get “better” trade deals than the rest...

New Thai-led task force takes aim at cross-border scammers in SE Asia

New Thai-led task force takes aim at cross-border scammers in SE Asia

Crackdown on “Gok An” gang leads to seizures of over 1.1 billion baht in assets and ongoing international arrest efforts. PATTAYA, Thailand – The Royal Thai Police revealed the persistent threat posed by call center gangs operating from...

US tech stocks remain top draw despite de-dollarisation trend, Swiss banks say

US tech stocks remain top draw despite de-dollarisation trend, Swiss banks say

International investors should keep US tech stocks as a core part of their portfolios even as the de-dollarisation trend continues, according to Swiss banks UBS and Julius Baer. A rally in tech stocks pushed the S&P 500 to an all-time high of...

Business Brief: On travel, elbows could be higher

Business Brief: On travel, elbows could be higher

Good morning and welcome to day 20 (already!) of Summer 2025, a season of raised elbows from coast to coast to coast. Today we’ll look at what the numbers say about the boost to domestic tourism from U.S. travel boycotts, but also the limitations...

Sri Lanka’s Electricity Amendment Bill 2025: Trojan Horse for national economic collapse

Sri Lanka’s Electricity Amendment Bill 2025: Trojan Horse for national economic collapse

If enacted without significant reform, this Bill will not just destabilise Sri Lanka’s energy sector—it will effectively sign the death warrant of Sri Lanka’s economic sovereignty The National People’s Power Government rose to power promising...

Business News | VinFast Signs India's RoadGrid to Builds Strong Charging and Aftersales Support, Aiming for 120 Extended Service Workshops Before First Vehicle Delivery

Business News | VinFast Signs India's RoadGrid to Builds Strong Charging and Aftersales Support, Aiming for 120 Extended Service Workshops Before First Vehicle Delivery

NewsVoir Gurugram (Haryana) [India], July 9: VinFast Auto India, the Indian subsidiary of global electric vehicle leader VinFast, announces a strategic service partnership with RoadGrid, a prominent EV charging and aftersales solutions provider in...

China’s 100K TPS blockchain, Japan’s Minna Bank eyes Solana: Asia Express

China’s 100K TPS blockchain, Japan’s Minna Bank eyes Solana: Asia Express

Beijing’s state media is rallying behind Chang’an Chain, a homegrown blockchain infrastructure hailed as a solution to China’s “root problem” of digital sovereignty. A profile on Qianlong.com credits researcher Dong Jin and his team for building a...

Commentary: Tariffs, an ambassador's hearing and a diplomat’s visit – what whirlwind of US activity means for Southeast Asia

Commentary: Tariffs, an ambassador's hearing and a diplomat’s visit – what whirlwind of US activity means for Southeast Asia

Mr Trump’s long-standing call for strategic decoupling from China aligns with broader US security concerns, and China will no doubt feature prominently in Mr Rubio’s conversations with ASEAN leaders. But that focus offers little relief to regional...

GE’s New Heat Pump Water Heater Takes The Technology To New Heights

GE’s New Heat Pump Water Heater Takes The Technology To New Heights

General Electric (GE) is launching a brand new heat pump water heater (HPWH) that elevates the technology to a whole new level. GE was one of the first to bring a HPWH to market in 2008. The company spent the last several years closely studying...

Business Insights Saudi Arabia wants to power 7% of global AI – but can it earn world's trust?

Business Insights Saudi Arabia wants to power 7% of global AI – but can it earn world's trust?

When Saudi Arabia announced its new state-backed artificial intelligence company, Humain, it did so with a level of ambition consistent with its broader economic development plans. Backed by the $940 billion Public Investment Fund, and with $10...

Business : HERE, Genesys Partner To Enhance In-car Navigation In India

Business : HERE, Genesys Partner To Enhance In-car Navigation In India

KUALA LUMPUR, July 9 (Bernama) -- HERE Technologies, the global leader in digital mapping and location data, and Genesys International, an Indian geospatial solutions company, have joined forces to develop next-generation in-car navigation systems...

Asia Now Drives Over Half of Global Mobile Activity: What Marketers Need to Know

Asia Now Drives Over Half of Global Mobile Activity: What Marketers Need to Know

Asia’s app economy has grown 150% over the past six years, driven by surging mobile adoption and performance-focused strategies. AppsFlyer’s State of App Marketing in Asia 2025 report highlights key trends behind this rapid growth. It found that...

TOWARDS ENERGY & ECONOMY: Driving Nepal’s Energy Aspirations

TOWARDS ENERGY & ECONOMY: Driving Nepal’s Energy Aspirations

For the reasons big and small including a lack of adoption ofsound macroeconomic policies and institutional reforms, the national aspiration for turning Nepal into a green energy centre of South Asia hasfailed to attain success so far though...

OYO, Yatra partner to expand business travel offerings

OYO, Yatra partner to expand business travel offerings

IPO-bound travel-tech unicorn OYO on Thursday announced its partnership with travel agent platform Yatra to strengthen its presence in the business travel segment particularly in key centres such as Delhi-NCR, Mumbai and Bengaluru. As part of this...

Evolving healthcare in Southern and Southeast Asia

Evolving healthcare in Southern and Southeast Asia

The emerging economies of Southern and Southeast Asia (India, Indonesia, Malaysia, the Philippines, and Thailand) are undergoing rapid transformations in demographics, technological innovations, socioeconomic development, and consumer...

Star Plastics in Merger With Trivalence Technologies

Star Plastics in Merger With Trivalence Technologies

Star Plastics, a compounder of engineered thermoplastics and portfolio company Akoya Capital Partners announced the merger of Trivalence Technologies into Star Plastics. The merger expands the scope and scale of Star Plastics’ capabilities —...

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