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Why India’s top dealmakers are making 37% more than those in Singapore
Senior dealmaker in India are outearning their peers in Singapore and Hong Kong, as global firms boost salaries to secure top talent in the world’s fastest-growing major economy.
Sun Group licensed to operate Sun PhuQuoc Airways
No Vietnamese carriers fly through Israeli, Iranian airspace
Vietnamese PM works with top Swedish firms to foster investment ties
Vietnamese Prime Minister Pham Minh Chinh held working sessions with leading Swedish corporations, including Ericsson, H&M, SYRE, and AstraZeneca in Stockholm on June 13 to foster their investment and cooperation with Vietnam, as part of his official visit to Sweden.
June 13, 2025 | 11:18 pm PT
Singapore’s largest supermarket chain selling durians at $1.5 per fruit
FairPrice, Singapore’s largest supermarket chain, is selling kampung durians at S$1.95 (US$1.52) apiece as a limited promotion this month.
June 12, 2025 | 07:46 pm PT
Online shopping scams in Malaysia hit record 3,500 in Q1: Ninja Van
Delivery company Ninja Van Malaysia reported over 3,500 parcel scams in the first quarter this year, the highest quarterly figure ever.
June 12, 2025 | 07:07 pm PT
China’s Geely to build Vietnam auto plant despite global expansion halt
Chinese automobile company Geely will build its Vietnam factory as planned despite its chairman’s recent warning of a global “overcapacity” and halted expansion.
June 12, 2025 | 03:05 pm PT
Who is Ong Beng Seng, the Singapore-based Malaysian tycoon set to plead guilty in ex-minister’s corruption case?
Ong Beng Seng, who is scheduled to plead guilty on July 3 in a corruption case involving Singapore’s former transport minister S. Iswaran, is known for bringing Formula One racing to the city-state and ranking among its richest tycoons.
June 12, 2025 | 03:04 pm PT
Sun PhuQuoc Airways to receive air transport license
Deputy Prime Minister Tran Hong Ha on June 11 approved the Ministry of Construction's proposal to grant an air transport business license to the Sun PhuQuoc Airways Co. Ltd.
June 11, 2025 | 07:59 pm PT
3 stores of pork seller C.P. Vietnam fined $4,000 for food safety lapses
Three stores belonging to Thai meat producer C.P. Vietnam have been fined a total of VND105 million (US$4,033) for violating food safety regulations.
June 11, 2025 | 07:20 pm PT
Jetstar Asia closure: 4 key things travelers need to know
The closure of Jetstar Asia on July 31 will affect at many flights between Asian destinations, but affected customers are eligible for a refund or a change of service.
June 11, 2025 | 05:22 am PT
Jetstar Asia’s 500 Singapore-based staff to get 4 weeks' salary per year of service as airline shuts down
Over 500 Jetstar Asia staff set to lose their jobs due to the Singapore-based carrier’s closure will receive a redundancy payment of four weeks’ salary for each year they have worked there.
June 11, 2025 | 01:02 am PT
Ong Beng Seng, Singapore-based Malaysian F1 tycoon, to plead guilty in corruption case involving ex-minister
Singapore-based Malaysian billionaire Ong Beng Seng, who is credited with bringing Formula One to Singapore, is scheduled to plead guilty on July 3 in a high-profile corruption case involving former transport minister S. Iswaran.
June 10, 2025 | 08:19 pm PT
Qantas to close Singapore-based budget airline Jetstar Asia, citing Changi Airport fee hike
Australian airline Qantas announced Wednesday it will shut down its loss-making budget carrier Jetstar Asia on July 31, citing rising operational costs, higher Changi Airport fees, and intense regional competition.
June 10, 2025 | 07:15 pm PT
Starbucks to lower prices in China as competition heats up
Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers become more cautious about spending.
June 10, 2025 | 12:58 am PT
EV maker VinFast’s revenue surges by nearly 150% in Q1
Vietnamese electric vehicle (EV) manufacturer VinFast's revenue soared by nearly 150% year-on-year to VND16.306 trillion (US$656.5 million) for the first quarter of 2025.
June 10, 2025 | 12:58 am PT
Vietnam’s richest man Pham Nhat Vuong gifts automaker VinFast nearly $800M
Billionaire Pham Nhat Vuong, chairman of private conglomerate Vingroup and Vietnam’s richest man, has gifted automaker VinFast VND20.5 trillion (US$790 million) between November and May.
June 9, 2025 | 06:01 pm PT
Singapore billionaire Kwek family’s CDL shares rise after sale of $2.1B South Beach complex to Malaysian firm to cut debt
City Developments’ share price rose 8.5% to close last week at S$5.25 (US$4.08) on the developer’s announcement that it is selling a landmark office complex in Singapore to reduce debt and restore investor confidence after a family feud.
June 9, 2025 | 12:28 am PT
Former FLC chairman Trinh Van Quyet fully pays $96M to compensate stock fraud victims
Trinh Van Quyet, the former chairman of property developer FLC who has been charged with stock manipulation, has submitted in full the VND2.5 trillion (US$96 million) required to compensate the victims of his crime.
June 7, 2025 | 07:49 pm PT
Hong Kong’s King Parrot Group closes 9 restaurants amid claims of nearly $130K in unpaid wages
Hong Kong’s popular restaurant operator King Parrot Group has closed nine eateries, reportedly owing staff more than HKD1 million (US$127,000), having scaled down its operations in recent years.
June 7, 2025 | 07:44 pm PT
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