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 https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/international/asean/aseans-gift-world-hormuz-crisis-sharpens-philippines-push-south-china-sea-code Thu, 25 Jun 2026 02:31:54 +0000 Asean International /international/asean/aseans-gift-world-hormuz-crisis-sharpens-philippines-push-south-china-sea-code Manila’s goal is to conclude the long-delayed South China Sea Code of Conduct in 2026 https://www.businesstimes.com.sg/international/asean/thailand-emerges-south-east-asias-surprise-ai-stock-winner Thu, 25 Jun 2026 02:15:25 +0000 Asean International /international/asean/thailand-emerges-south-east-asias-surprise-ai-stock-winner Much of that gain has come from AI data center power system maker such as Delta Electronics (Thailand) https://www.businesstimes.com.sg/international/asean/quest-global-capital-vietnam-eyes-msci-upgrade-indonesia-fights-downgrade-risk Wed, 24 Jun 2026 13:05:58 +0000 Elisa Valenta Jamille Tran Asean International /international/asean/quest-global-capital-vietnam-eyes-msci-upgrade-indonesia-fights-downgrade-risk Latest review shows Asean markets are judged on how easily global capital can get in and out https://www.businesstimes.com.sg/international/asean/ringgit-sinks-seven-month-low-despite-record-bond-inflows-fed-fears-dominate Wed, 24 Jun 2026 11:49:25 +0000 Tan Ai Leng Asean International New Articles /international/asean/ringgit-sinks-seven-month-low-despite-record-bond-inflows-fed-fears-dominate But analysts think the weakness is a correction rather than the beginning of a depreciation trend https://www.businesstimes.com.sg/international/asean/haze-beckons-south-east-asias-planters-come-under-strain-godzilla-el-nino-may-just-be-start Wed, 24 Jun 2026 08:55:56 +0000 Evan See Asean International /international/asean/haze-beckons-south-east-asias-planters-come-under-strain-godzilla-el-nino-may-just-be-start Indonesia’s move to control exports could increase oversight for haze prevention, says a think tank https://www.businesstimes.com.sg/international/asean/targeted-credit-relief-vietnam-steers-funding-vingroup-sun-group-masterise-megaprojects Wed, 24 Jun 2026 07:12:32 +0000 Jamille Tran Asean International /international/asean/targeted-credit-relief-vietnam-steers-funding-vingroup-sun-group-masterise-megaprojects Over US$28 billion will be excluded from banks’ lending limits; system-wide loan growth remains in check https://www.businesstimes.com.sg/international/asean/malaysia-central-bank-pledges-stronger-measures-boost-fx-inflows Wed, 24 Jun 2026 02:43:35 +0000 Asean Economy & Policy International Singapore /international/asean/malaysia-central-bank-pledges-stronger-measures-boost-fx-inflows Bank Negara Malaysia says country’s economic fundamentals will underpin the ringgit, which weakened 4.3% in June https://www.businesstimes.com.sg/international/asean/malaysia-launches-plan-commercial-cargo-and-passenger-drone-services-2030 Wed, 24 Jun 2026 02:21:10 +0000 Asean International /international/asean/malaysia-launches-plan-commercial-cargo-and-passenger-drone-services-2030 Chinese companies have expressed interest in developing the country’s low-altitude industry https://www.businesstimes.com.sg/international/asean/thai-central-bank-keeps-key-interest-rate-unchanged-expected Wed, 24 Jun 2026 02:01:30 +0000 Asean Banking & Finance Companies & Markets International /international/asean/thai-central-bank-keeps-key-interest-rate-unchanged-expected The monetary policy committee votes unanimously to maintain the one-day repurchase rate at 1% https://www.businesstimes.com.sg/international/asean/indonesia-clings-emerging-markets-mantle-msci-extends-review Tue, 23 Jun 2026 21:31:07 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/indonesia-clings-emerging-markets-mantle-msci-extends-review The benchmark Jakarta stock index has dropped nearly 30% this year https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/baht-drops-one-year-low-expectations-rate-gap-us Tue, 23 Jun 2026 06:07:13 +0000 Capital Markets & Currencies Asean Companies & Markets International /companies-markets/capital-markets-currencies/baht-drops-one-year-low-expectations-rate-gap-us It weakened as much as 0.5% to 33.09 per US dollar, the lowest since May 2025 https://www.businesstimes.com.sg/international/asean/asia-pacific-contributing-reasonable-part-lenovos-us21-billion-ai-server-pipeline Tue, 23 Jun 2026 06:00:00 +0000 Lionel Lim Asean International New Articles /international/asean/asia-pacific-contributing-reasonable-part-lenovos-us21-billion-ai-server-pipeline Growth is not driven just by mature markets as it positions itself as a full-stack provider, says Apac president https://www.businesstimes.com.sg/international/asean/buy-now-pay-later-106-baht-bubble-tea-highlights-thailands-household-debt-risk Tue, 23 Jun 2026 01:02:36 +0000 Asean Banking & Finance Companies & Markets International /international/asean/buy-now-pay-later-106-baht-bubble-tea-highlights-thailands-household-debt-risk The central bank chief estimates the number of BNPL accounts climbed to about six million in 2025 https://www.businesstimes.com.sg/companies-markets/ocbc-boosts-hiring-indonesia-wealth-business-assets-rise Tue, 23 Jun 2026 00:04:43 +0000 Companies & Markets Asean International /companies-markets/ocbc-boosts-hiring-indonesia-wealth-business-assets-rise OCBC plans to double the number of wealth advisers in Indonesia, as part of a broader expansion after the Singapore lender agreed... https://www.businesstimes.com.sg/international/asean/chasing-global-capital-south-east-asia-markets-turn-value-reforms Mon, 22 Jun 2026 23:00:00 +0000 Tan Ai Leng Asean International /international/asean/chasing-global-capital-south-east-asia-markets-turn-value-reforms Singapore, Thailand and Malaysia push firms beyond compliance to lift valuations https://www.businesstimes.com.sg/international/asean/indonesia-unveils-26-34-trillion-rupiah-stimulus-offset-external-shocks-and-rupiah-slide Mon, 22 Jun 2026 12:42:42 +0000 Elisa Valenta Asean International /international/asean/indonesia-unveils-26-34-trillion-rupiah-stimulus-offset-external-shocks-and-rupiah-slide A central feature of the package is trade and industry support through 0% import tariffs on LPG and plastic raw materials https://www.businesstimes.com.sg/international/asean/airasia-x-boosts-flights-lowers-fares-fuel-price-drops Mon, 22 Jun 2026 08:05:37 +0000 Tan Ai Leng Asean International /international/asean/airasia-x-boosts-flights-lowers-fares-fuel-price-drops However, the carrier says airport-related costs may make it difficult to keep air travel affordable https://www.businesstimes.com.sg/international/asean/hanoi-breaks-ground-five-metro-lines-worth-1315-trillion-dong-targeted-2030 Mon, 22 Jun 2026 05:22:54 +0000 Jamille Tran Asean International New Articles /international/asean/hanoi-breaks-ground-five-metro-lines-worth-1315-trillion-dong-targeted-2030 Vinhomes, VinSpeed are named EPC contractors for the capital city’s public-investment metro push https://www.businesstimes.com.sg/companies-markets/transport-logistics/boeing-names-travis-sullivan-new-south-east-asia-president Mon, 22 Jun 2026 04:49:19 +0000 Shikhar Gupta Transport & Logistics Asean Companies & Markets International /companies-markets/transport-logistics/boeing-names-travis-sullivan-new-south-east-asia-president He replaces Penny Burtt in the role, who leaves to pursue a new opportunity https://www.businesstimes.com.sg/international/asean/scaling-berli-juckers-retail-empire-daughter-thai-beer-billionaire-seeks-growth-outside-home Mon, 22 Jun 2026 03:00:00 +0000 Lionel Lim Asean International New Articles /international/asean/scaling-berli-juckers-retail-empire-daughter-thai-beer-billionaire-seeks-growth-outside-home CEO thinks diversifying its revenue is important for both BJC and TCC Group, which BJC is a part of https://www.businesstimes.com.sg/international/asean/malaysia-cut-price-diesel-nationwide-july-curb-smuggling-and-revenue-losses Mon, 22 Jun 2026 02:19:48 +0000 Asean International /international/asean/malaysia-cut-price-diesel-nationwide-july-curb-smuggling-and-revenue-losses The country has been seeking alternative fuel sources as the Middle East conflict restricts global supplies https://www.businesstimes.com.sg/international/asean/indonesias-msci-moment-truth-looms-over-global-index-standing Sun, 21 Jun 2026 07:23:00 +0000 Elisa Valenta Asean Companies & Markets International /international/asean/indonesias-msci-moment-truth-looms-over-global-index-standing The decision will determine whether it remains an emerging market or gets downgraded to a frontier market https://www.businesstimes.com.sg/international/asean/malaysia-tightens-civil-servant-asset-rules-amid-controversy-over-former-anti-graft-chiefs-holdings Fri, 19 Jun 2026 09:06:09 +0000 Asean International /international/asean/malaysia-tightens-civil-servant-asset-rules-amid-controversy-over-former-anti-graft-chiefs-holdings New regulations let officials buy shares up to 5% of paid-up capital or RM300,000 in value https://www.businesstimes.com.sg/international/asean/vietnam-loosens-bank-safeguards-spur-growth-stoking-prudential-concerns Fri, 19 Jun 2026 07:04:06 +0000 Jamille Tran Asean International New Articles /international/asean/vietnam-loosens-bank-safeguards-spur-growth-stoking-prudential-concerns Regulatory relief may be ‘pragmatic’, but analysts warn of systemic risks https://www.businesstimes.com.sg/international/asean/msci-says-low-free-float-among-many-hurdles-vietnam-stocks Fri, 19 Jun 2026 06:28:01 +0000 Asean International /international/asean/msci-says-low-free-float-among-many-hurdles-vietnam-stocks Despite capital market reforms, foreign ownership curbs still affect 10% of Vietnam equities https://www.businesstimes.com.sg/international/global/asean-russia-reaffirm-commitment-deepening-cooperation-summit-kazan Fri, 19 Jun 2026 04:41:50 +0000 Global Asean International /international/global/asean-russia-reaffirm-commitment-deepening-cooperation-summit-kazan Speaking at the summit, PM Lawrence Wong said Asean and Russia should work together in areas where their interests converge https://www.businesstimes.com.sg/international/asean/malaysias-may-exports-surge-45-3-topping-forecasts-inflation-rises-2 Fri, 19 Jun 2026 04:14:15 +0000 Asean International /international/asean/malaysias-may-exports-surge-45-3-topping-forecasts-inflation-rises-2 The rise in outbound shipments is the quickest since August 2022 https://www.businesstimes.com.sg/international/asean/philippine-thai-earnings-among-south-east-asias-most-affected-iran-war-bloomberg-data Fri, 19 Jun 2026 01:52:18 +0000 Asean International /international/asean/philippine-thai-earnings-among-south-east-asias-most-affected-iran-war-bloomberg-data Fuel hikes squeeze margins and consumer spending, risking transportation, tourism, retail and consumer sectors https://www.businesstimes.com.sg/international/asean/msci-downgrades-indonesias-information-flow-criterion-transparency-concerns Thu, 18 Jun 2026 23:52:11 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/msci-downgrades-indonesias-information-flow-criterion-transparency-concerns The downgrade reflected opacity in ownership data and market activity, says MSCI https://www.businesstimes.com.sg/international/asean/thailand-revives-1-trillion-baht-coast-coast-corridor-rival-malacca-strait Thu, 18 Jun 2026 22:00:00 +0000 Asean International /international/asean/thailand-revives-1-trillion-baht-coast-coast-corridor-rival-malacca-strait But investors remain cautious due to high costs and geopolitical sensitivities https://www.businesstimes.com.sg/international/asean/indonesia-taps-capital-markets-veteran-boost-confidence-struggling-stock-market Thu, 18 Jun 2026 13:17:01 +0000 Asean International /international/asean/indonesia-taps-capital-markets-veteran-boost-confidence-struggling-stock-market Hendrik has been with the exchange since 2022 https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-favoured-muslim-travellers-amid-surge-ai-assisted-holiday-planning-report Thu, 18 Jun 2026 12:52:35 +0000 Shikhar Gupta Transport & Logistics Asean Companies & Markets International Lifestyle Travel & Wellness /companies-markets/transport-logistics/singapore-favoured-muslim-travellers-amid-surge-ai-assisted-holiday-planning-report The city-state takes the top spot among non-OIC destinations; Malaysia ranks first globally https://www.businesstimes.com.sg/international/asean/bank-indonesia-raises-rates-second-time-eight-days-defend-rupiah Thu, 18 Jun 2026 10:28:47 +0000 Elisa Valenta Asean International /international/asean/bank-indonesia-raises-rates-second-time-eight-days-defend-rupiah Analysts say the move reflects policymakers’ determination to stay ahead of the curve https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/top-glove-quarterly-profit-surges-138-cost-control-measures Thu, 18 Jun 2026 07:35:32 +0000 Consumer & Healthcare Asean Companies & Markets International /companies-markets/consumer-healthcare/top-glove-quarterly-profit-surges-138-cost-control-measures The company benefits from a diversified supplier network across multiple countries https://www.businesstimes.com.sg/international/asean/philippine-central-bank-raises-policy-rate-25-basis-points-expected Thu, 18 Jun 2026 06:53:03 +0000 Asean Capital Markets & Currencies Companies & Markets International /international/asean/philippine-central-bank-raises-policy-rate-25-basis-points-expected The move follows a 25-basis-point increase at its previous meeting in April