A total of 42,000 victims have seen their savings and investments in SCB evaporate after the bank was embroiled in a US$12.5 billion fraud.
Manila has received its first batch of BrahMos supersonic cruise missiles from India, in a carefully timed shipment observers say is the start of a ‘clear push’ to expand military sales with Southeast Asia.
Resistance in Sarawak against growing Malay nationalism in the peninsula is almost universal and directly tied to demands for greater state autonomy, observers say.
The Indian prime minister’s ruling BJP has vowed to attain developed economy status within 25 years. But a host of legacy issues still need tackling.
Boutique hotels and luxury chains aim to reimagine the Himalayan nation’s image as a cheap holiday spot for backpackers by offering comfortable, stylish accommodation in locations well off the beaten track.
The virtual cashier service highlights a growing trend among restaurants that are turning to such a method to cut costs and address staff shortages.
In Indonesia, beauty brands owned by French cosmetics giant L’Oreal are being spurned in favour of Chinese and local alternatives, as the boycotts bite into the profits of Starbucks Malaysia and McDonald’s.
The government’s ongoing public-sector job cuts have resulted in the worst-ever employment market, recruiters say.
The Buddhist kingdom plans to take a punt on legalised gambling as it rues the billions of dollars in untapped gaming revenue that’s been left on the table. But will it hit the jackpot?
Despite having a wealth of innovative start-ups, Malaysia can’t seem to attract the same amounts of venture capital funding as its regional rivals. But all that could change.
China, which has strong ties with Myanmar’s military junta, is developing a rival deep water port near the US$484 million India-led road-and-waterway project.
Only 11.6 million people have registered in the database, well short of the 22 million targeted by the authorities
After billions of dollars retreated from Southeast Asia’s start-ups last year, investors are expected to return to Indonesia and Singapore, but with less of an appetite for risk. Malaysia wants a piece of the action, too.
Nepal and the Philippines are Australia’s top source markets for international students, after China and India. Lax oversight, regulations and visa rules that allow unlimited work rights are part of the reason.
With one of the most vibrant start-up ecosystems and fastest-growing economies in Southeast Asia, Vietnam is poised to climb the global value chain – but challenges lie in wait.
The victims were promised high salaries and study credits but they were paid much less after arriving in Germany.
Truong My Lan ran eateries and hotels in her early career before coming under public scrutiny in a case totalling more than 10% of her country’s GDP.
Given declining birth rates, diaper maker Oji Nepia is shifting its focus from infant products to those for the country’s rapidly growing elderly population
Many Tokyo-bound passengers prefer to fly to Haneda as it is closer to the city centre than from Narita.
The east Malaysian state is surrounded by water, but years of infrastructure neglect and an El Nino-triggered drought have brought severe shortages as tankers are deployed to supply water to villages ‘around the clock’.
Many Sri Lankans have yet to benefit from a new social welfare programme and are still struggling with the IMF’s harsh austerity measures.