Asean Business

Sunway is willing to walk away if RM11 billion IJM bid rejected

The bid faces political scrutiny over concerns it dilutes government equity and indigenous rights

Dang Huynh Uc My (pictured) stepped up as AgriS chairwoman in July 2024 after about two decades in senior roles, including overseas training in finance and management in New Zealand.
BEHIND THE NAME

Next gen steers Vietnam’s US$1 billion sugar empire to go global - starting with three-person Singapore office

Chairwoman Dang Huynh Uc My is determined that sugar alone will not define AgriS’ future

Albert Park, chief economist at the Asian Development Bank, says South-east Asia's openness to trade and strong fundamentals have enabled its dynamic growth.

As great powers hedge their bets, Asean needs pragmatism and integration to drive growth: ADB

Digitalisation is a key focus for the bloc, but more consensus is needed, say economists

Sustainable infrastructure projects account for a growing share of the portfolio of projects in more recent issuances of infrastructure asset-backed securities.

Blending developed and emerging-market assets draws more private capital to South-east Asia’s energy transition

This is what Clifford Capital has found after seven years of issuing infrastructure asset-backed securities

Under Section 122 of the US Trade Act of 1974, Trump's global tariffs of 15 per cent are lower than the previous tariff rates imposed on most South-east Asia's economies before the ruling.

South-east Asia gets tariff breather as Trump resets duties, but too early for region to rejoice

Most of the region’s economies now face tariff rates that are lower by up to 3.5 percentage points, analyst notes

View of Sunway City Kuala Lumpur. If Sunway believes scale will define the next competitive edge in construction and property, the timing of its IJM bid is defensible.
THINKING ALOUD

Sunway, IJM and the politics of consolidation in Malaysia

The proposed takeover has sparked a brouhaha that goes far beyond commercial considerations

Vietnam's new rules that govern data aim to safeguard privacy, security and national interests.

Tighter data control: Vietnam’s race to redesign digital services

The new rules will benefit businesses that also view user consent as a way to provide value, say observers

Over the past three weeks, a string of negative signals has rattled Indonesia’s markets.

Indonesia’s transparency push calms MSCI fears, but reform continuity is key

The country’s swift measures are sufficient to avert losing emerging market status for now, say analysts

Prime Minister Mark Carney of Canada is stepping up its courtship of Asia; the campaign was readily apparent in Singapore last week with a conference devoted to stronger ties with South-east Asia.
THE BOTTOM LINE

To win over Asia, Canada needs more than nice speeches

CANADA is on a public-relations roll. Prime Minister Mark Carney wowed Davos elites by declaring a “rupture” with the American-led financial and industrial system that has prevailed for decades.