Latest Blog Posts for ASEAN Biz News

• Indonesia inks $17-M contracts for coal bed methane venture – Bisnis Indonesia
  on Dec 4, 2010
  Jakarta has signed three different contracts allowing the exploration and development of coal bed methane (CBM) resources in the country which amounts to $17.05 million in value for the first three years. The Indonesian government secured the commitm...
• Singapore car prices seen to go up in 2011 – AsiaOne
  on Dec 3, 2010
  Singaporeans will have to brace for increased car prices in 2011 even as it has already seen a steep rise in 2010. Supply of cars in the island state are expected to fall next year with the declining number of certificates of entitlements (COE) due t...
• Foreign banks eager to invest in Vietnam banking sector – Vietnam Financial News
  on Dec 2, 2010
  Existing regulations regarding capitalization requirements imposed by the central bank have made Vietnamese bank rush into partnering with foreign banks. Representatives from foreign banks such as Standard Chartered have expressed optimism in the cou...
• Thai bank expands lending to boost SME investments abroad – Bangkok Post
  on Dec 2, 2010
  The strong economic performance in Asia has prompted Bangkok Bank (BBL) to extend loans to Thailand’s small and medium enterprises (SMEs) for expansion opportunities in the region. The country’s largest banks in terms of assets will provide fundi...
• Cambodia bent on thumping out corruption – Yahoo! News
  on Dec 1, 2010
  The Cambodian government has sent a clear message to the international community that it has the teeth to eliminate corrupt elements in its bureaucracy. The new anti-corruption unit has made their first arrests this week when a government prosecutor...
• Cambodia bent on thumping out corruption – Yahoo News
  on Dec 1, 2010
  The Cambodian government has sent a clear message to the international community that it has the teeth to eliminate corrupt elements in its bureaucracy. The new anti-corruption unit has made their first arrests this week when a government prosecutor...
• Philippine outsourcing industry gets gov’t funding – Business Mirror
  on Dec 1, 2010
  The Philippine government recognizes the economic potential of its business process outsourcing (BPO) industry and has allocated 62 million pesos ($1.4 million) for programs that increase their pool of trained workforce catering to BPO comp...
• Aston announces new hotel project in Surabaya business district – Bisnis Indonesia
  on Nov 30, 2010
  Indonesia’s leading international hotel group Aston International has publicly announced its building of a brand new 3-star hotel in the Surabaya Central Business District. The new project, which will be under the Quest Hotel brand, will have 150 g...
• Prospects bright for Malaysian information security industry – Bernama
  on Nov 30, 2010
  The growth potential of Malaysia’s information security sector is huge and is set to become a global leader in the industry, according to an executive of a leading cyber security company in the country. CyberSecurity Malaysia chief executive office...
• Laos to deepen economic ties with Malaysia – Lao Voices and New Strait Times
  on Nov 29, 2010
  Lao President Choummaly Sayasone and his delegation have ended their three-day trip to Malaysia, the first visit of the Laotian leader to the country, and reciprocate the visit of the Malaysian king Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin to...

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