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Southeast Asia Financial News: Southeast Asia Economy News

Southeast Asia

G7 Upgrade $15bn Coal Transition Deal Offer to Vietnam

Talks with Vietnam, which is among the world's top 20 coal users, were broken off ahead of last month’s COP27…

7 hours ago

Elon Musk’s Tesla Launches Two EV Models in Thailand

The US automaker plans to start selling its EVs in Southeast Asia's second-biggest economy via online channels

1 day ago

Philippines Eyes South China Sea Oil Despite Beijing Friction

Talks over joint energy exploration in the contested waterway between Manila and Beijing fell through in June

1 week ago

Covid Concerns Add to Apple’s Need to Diversify Out of China

Production shortfalls and labour unrest at the giant iPhone factory, run by Foxconn in Zhengzhou, are increasing risks and likely…

1 week ago

Singapore Banks Must Hold $125 for Each $100 of Bitcoin – CryptoSlate

Banks in Singapore are required to have the maximum coverage possible for exposure to crypto, a senior minister has revealed.

1 week ago

Vietnam Ships its First Electric Vehicles to Customers in US

Carmaker Vinfast shipped its first 999 EVs to the United States on Friday and more will be on the way…

2 weeks ago

Anwar Ibrahim Appointed New Prime Minister in Malaysia

Veteran opposition leader will lead Malaysia's next government with the support of a key bloc of former Barisan Nasional MPs,…

2 weeks ago

Malaysia’s Anwar Seeks to Form Government With Old Foes

Opposition leader Anwar Ibrahim and his rival Muhyiddin Yassin were both claiming to have the numbers to form a new…

2 weeks ago

Indonesia’s Indika and Foxconn Mull EV Batteries with Thais

Foxconn and its Indonesian parter Indrika Energy is looking to make EV batteries with a Thai firm, possibly the state-run…

3 weeks ago

Albanese Meets Xi, as Australia and China Eye Warmer Ties

Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping had a formal meeting on Tuesday, which was the first…

3 weeks ago

US, Japan Raising $20bn for Indonesia’s Shift from Coal

Indonesia's Just Energy Transition Partnership, which was announced by the US, Japan and partners on Tuesday, plans to bring forward…

3 weeks ago

Indonesia Will Launch $2-Billion EV Fund With China’s CATL

The fund will invest in the EV value chain to capture a market that is expected to grow fast globally,…

3 weeks ago