Investment

MMC Corp., a Malaysian diversified infrastructure and utilities conglomerate, said on Monday that net profit improved 7.4% year on year to 55 million ringgit ($13 million) in the first quarter of the year due to growth in its power generation unit. Revenue in the same ...

Thailand’s Total Access Communication, commonly known as Dtac, will join with state-owned telecom operator TOT to offer 4G wireless network services. Dtac will pay 4.51 billion baht ($132 million) annually to access 60% of TOT’s 2,300MHz spectrum, setting up 20,000 cell towers. The remaining 40% ...

Samsung Electronics will spend around 10 trillion won ($8.91 billion) to double capacity at a cutting-edge memory chip plant in China by 2019, aiming to solidify its position at the top as the sale of rival Toshiba’s memory operations drags on. The South Korean giant ...

Thailand is seeking to take on Singapore’s dominance in aircraft maintenance, repair and overhaul with a $5.7 billion upgrade of a Vietnam War-era airport. Lockheed Martin Corp.’s Sikorsky Aircraft is the latest company to study a possible increase in MRO spend in Thailand in the wake ...

Investors in Asia have shrugged off terror attacks in Indonesia and the Philippines this week, but authorities are struggling to prevent further attacks and protect soft targets. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1% on Thursday, and the Philippine Stock Exchange index ...

The remaining members of the Trans-Pacific Partnership trade deal showed at least some level of unity in a statement May 21, but the outlook for a “TPP 11” version of the trade pact after the U.S. bailed on the deal looks hazy as gaps remain ...

Thailand and Laos have agreed to draw up a a five-year master plan to double the value of bilateral trade and investment to US$10 billion (Bt344 billion) by 2021. Deputy Prime Minister Somkid Jatusripitak announced the deal on May 24 after an official meeting with Laotian Deputy ...

While Cambodian mango varieties such as Keo Romeat are well regarded in overseas markets, there are constraints which need to be addressed before large scale exports can be achieved, said the owner of the largest agro-industrial company in Cambodia on May 24. Mong Reththy, owner and ...

ASEAN member states and dialogue partners have committed to enhance their cooperation efforts in combating transnational crimes in a bid to maintain the security at and across borders in the ASEAN region. The 17th Senior Officials Meeting on Transnational Crime (SOMTC) and its related meetings ...

High ranking Lao and Thai officials met in Vientiane on May 24 to discuss increased cooperation across different sectors in order to promote trade and investment between both nations. Laos was led by Deputy Prime Minister and Minister of Finance, Mr Somdy Duangdy, while Thailand by Deputy ...