asean-business https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico asean-business https://www.businesstimes.com.sg/ 32 32 Asean’s diversity does not mean its integration is stalling: Tan See Leng https://www.businesstimes.com.sg/international/asean/aseans-diversity-does-not-mean-its-integration-stalling-tan-see-leng Wed, 16 Sep 2026 07:30:45 +0000 Jean Low Asean International /international/asean/aseans-diversity-does-not-mean-its-integration-stalling-tan-see-leng This is an Asean century, and the region is a relative oasis of calm, says the Singapore minister Vietnam warns of blackouts from 2027 as power projects stutter https://www.businesstimes.com.sg/international/asean/vietnam-warns-blackouts-2027-power-projects-stutter Wed, 16 Sep 2026 06:35:07 +0000 Asean Companies & Markets Energy & Commodities International /international/asean/vietnam-warns-blackouts-2027-power-projects-stutter A push for at least 10% annual economic growth through the decade’s end is pressuring its power grid Marcos’ cousin Romualdez pleads not guilty of plundering flood project funds https://www.businesstimes.com.sg/international/asean/marcos-cousin-romualdez-pleads-not-guilty-plundering-flood-project-funds Wed, 16 Sep 2026 04:47:23 +0000 Asean International /international/asean/marcos-cousin-romualdez-pleads-not-guilty-plundering-flood-project-funds He is accused of having a role in the misuse of 7.4 billion pesos (US$118 million) in public funds Malaysia talks to rival airlines as it monitors AirAsia’s financial health, sources say https://www.businesstimes.com.sg/international/asean/malaysia-talks-rival-airlines-it-monitors-airasias-financial-health-sources-say Wed, 16 Sep 2026 02:47:36 +0000 Asean Companies & Markets International Transport & Logistics /international/asean/malaysia-talks-rival-airlines-it-monitors-airasias-financial-health-sources-say AirAsia reported a net loss of RM831 million for the second quarter ended Jun 30 Why US$100 oil, 5% US yields affect Singdollar, ringgit differently vs other Asean currencies https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/why-us100-oil-5-us-yields-affect-singdollar-ringgit-differently-vs-other-asean-currencies Wed, 16 Sep 2026 02:03:14 +0000 Shikhar Gupta Capital Markets & Currencies Asean Companies & Markets International /companies-markets/capital-markets-currencies/why-us100-oil-5-us-yields-affect-singdollar-ringgit-differently-vs-other-asean-currencies High energy prices, elevated borrowing costs are causing a divide in regional currencies, say analysts As Malaysia’s chip goals morph into a multi-state model, are they outgrowing Penang? https://www.businesstimes.com.sg/international/asean/malaysias-chip-goals-morph-multi-state-model-are-they-outgrowing-penang Tue, 15 Sep 2026 23:00:00 +0000 Tan Ai Leng Asean International /international/asean/malaysias-chip-goals-morph-multi-state-model-are-they-outgrowing-penang From Kedah manufacturing to Selangor design, multi-state ‘co-opetition’ is driving the country’s tech era He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons https://www.businesstimes.com.sg/international/asean/he-built-vingroup-empire-now-south-east-asias-richest-man-handing-some-key-roles-his-sons Tue, 15 Sep 2026 05:54:05 +0000 Asean International /international/asean/he-built-vingroup-empire-now-south-east-asias-richest-man-handing-some-key-roles-his-sons Vingroup founder Pham Nhat Vuong is accelerating succession plans while retaining a central role Thailand eyes US$600 million tourism boost with travel subsidies https://www.businesstimes.com.sg/international/asean/thailand-eyes-us600-million-tourism-boost-travel-subsidies Tue, 15 Sep 2026 01:23:00 +0000 Asean International /international/asean/thailand-eyes-us600-million-tourism-boost-travel-subsidies It faces a slow return of international visitors and rising costs due to higher oil prices Asean is disproportionately affected by climate change. This also presents opportunities https://www.businesstimes.com.sg/international/asean/asean-disproportionately-affected-climate-change-also-presents-opportunities Mon, 14 Sep 2026 23:00:00 +0000 Asean Columns International Opinion & Features /international/asean/asean-disproportionately-affected-climate-change-also-presents-opportunities Investments in renewables and political leadership can help the region tackle climate risks Thai billionaire revives Vietnam gas projects in overseas push https://www.businesstimes.com.sg/companies-markets/energy-commodities/thai-billionaire-revives-vietnam-gas-projects-overseas-push Mon, 14 Sep 2026 09:39:52 +0000 Energy & Commodities Asean Companies & Markets International /companies-markets/energy-commodities/thai-billionaire-revives-vietnam-gas-projects-overseas-push The South-east Asian nation’s ‘strong potential’ and rapid economic growth drive rising electricity demand, says tycoon Sarath Ratanavadi Indonesia replaces Finance Minister Purbaya with his deputy Suahasil https://www.businesstimes.com.sg/international/asean/indonesia-replaces-finance-minister-purbaya-his-deputy-suahasil Mon, 14 Sep 2026 09:06:22 +0000 Elisa Valenta Asean International /international/asean/indonesia-replaces-finance-minister-purbaya-his-deputy-suahasil This marks another major reshuffle at the country’s powerful finance ministry in less than a year Deal between tycoon friends sparks scrutiny of Philippine power sector https://www.businesstimes.com.sg/international/asean/deal-between-tycoon-friends-sparks-scrutiny-philippine-power-sector Mon, 14 Sep 2026 08:20:54 +0000 Rachel Ranosa-Joshi Asean International /international/asean/deal-between-tycoon-friends-sparks-scrutiny-philippine-power-sector Regulators weigh concentration risk from billionaire Ramon Ang’s stake purchase in a Lopez family company After Indonesia, Grab comes under pressure in Vietnam over driver earnings https://www.businesstimes.com.sg/international/asean/after-indonesia-grab-comes-under-pressure-vietnam-over-driver-earnings Mon, 14 Sep 2026 06:05:01 +0000 Asean International New Articles /international/asean/after-indonesia-grab-comes-under-pressure-vietnam-over-driver-earnings The ride-hailing services remained undisrupted despite driver-partner pushback over the weekend Malaysia charges second Umno leader Jamil Khir after pilgrimage fund probe https://www.businesstimes.com.sg/international/asean/malaysia-charges-second-umno-leader-jamil-khir-after-pilgrimage-fund-probe Mon, 14 Sep 2026 04:47:55 +0000 Asean International /international/asean/malaysia-charges-second-umno-leader-jamil-khir-after-pilgrimage-fund-probe The ex minister faces allegations of misappropriating 860 million ringgit from Tabung Haji Indonesia’s energy advantage tested by AI data-centre boom https://www.businesstimes.com.sg/international/asean/indonesias-energy-advantage-tested-ai-data-centre-boom Sun, 13 Sep 2026 23:00:00 +0000 Elisa Valenta Asean International /international/asean/indonesias-energy-advantage-tested-ai-data-centre-boom Vast renewable potential gives the country an edge, but certain constraints threaten to blunt it Indonesian passenger ship sinks in bad weather; search for 140 people under way https://www.businesstimes.com.sg/international/asean/indonesian-passenger-ship-sinks-bad-weather-search-140-people-under-way Sun, 13 Sep 2026 07:44:08 +0000 Asean International /international/asean/indonesian-passenger-ship-sinks-bad-weather-search-140-people-under-way 103 others evacuated, one of whom have died VinFast names founder’s eldest son as its global chief executive https://www.businesstimes.com.sg/international/asean/vinfast-names-founders-eldest-son-its-global-chief-executive Sat, 12 Sep 2026 03:23:04 +0000 Asean Companies & Markets International /international/asean/vinfast-names-founders-eldest-son-its-global-chief-executive The EV maker is planning to restructure into a more asset-light company Malaysia’s king postpones decision on ex-PM Najib Razak’s pardon bid https://www.businesstimes.com.sg/international/asean/malaysias-king-postpones-decision-ex-pm-najib-razaks-pardon-bid Fri, 11 Sep 2026 04:40:06 +0000 Asean International /international/asean/malaysias-king-postpones-decision-ex-pm-najib-razaks-pardon-bid Najib still retains influence over UMNO Developers rush to build homes on Vietnam’s breathtaking coast, testing a new urban model https://www.businesstimes.com.sg/international/asean/developers-rush-build-homes-vietnams-breathtaking-coast-testing-new-urban-model Fri, 11 Sep 2026 03:05:09 +0000 Asean International New Articles /international/asean/developers-rush-build-homes-vietnams-breathtaking-coast-testing-new-urban-model These large-scale, seafront projects are eyeing long-term residents rather than tourists Grab said to be in talks to buy Singapore fintech firm Atome https://www.businesstimes.com.sg/international/asean/grab-said-be-talks-buy-singapore-fintech-firm-atome Thu, 10 Sep 2026 08:24:26 +0000 Asean Companies & Markets International Telcos, Media & Tech /international/asean/grab-said-be-talks-buy-singapore-fintech-firm-atome A transaction could value the unit of Advance Intelligence Group at more than US$2 billion Vietnam’s mortgage rate surge putting homeownership out of reach https://www.businesstimes.com.sg/international/asean/vietnams-mortgage-rate-surge-putting-homeownership-out-reach Thu, 10 Sep 2026 08:22:00 +0000 Asean International Property /international/asean/vietnams-mortgage-rate-surge-putting-homeownership-out-reach Loans to real estate sector jumped 42% in 2025, more than twice the pace of overall credit growth: World Bank Global money trickles back to Indonesia as markets recover https://www.businesstimes.com.sg/international/asean/global-money-trickles-back-indonesia-markets-recover Thu, 10 Sep 2026 03:16:15 +0000 Asean International /international/asean/global-money-trickles-back-indonesia-markets-recover Helping draw investors back is a series of moves aimed at restoring confidence Asean’s challenge is to become resilient against global geopolitics: former Indonesia trade minister https://www.businesstimes.com.sg/international/asean/aseans-challenge-become-resilient-against-global-geopolitics-former-indonesia-trade-minister Wed, 09 Sep 2026 11:43:28 +0000 Chloe Lim Asean Economy & Policy International Singapore /international/asean/aseans-challenge-become-resilient-against-global-geopolitics-former-indonesia-trade-minister Ongoing US-China tensions, Strait of Hormuz crisis and AI developments change the game, she says at AmChamSG event