Hanoi is considering leasing parts of sidewalks for up to VND45,000 (US$1.7) per square meter per month as it seeks tighter control over public spaces.
Vietnam is stepping up measures to maintain exports of dragon fruit to the European Union (EU) amid increasingly stringent food safety and pesticide residue regulations imposed by the bloc.
World's largest alternative asset manager Blackstone has walked away from a proposed $4 billion tie-up with New World Development, controlled by Hong Kong's billionaire Cheng family.
Global index provider MSCI has said it will remove six companies, many of which are linked to Indonesia’s richest billionaires, from its index at the end of May.
A 59-year-old construction worker in Malaysia has walked away with MYR10.6 million (US$2.7 million) in lottery prize, but only recognized the win days after the purchase when he wanted to buy more tickets.
VinFast is planning to sell its Vietnam manufacturing facilities to a buyer group that includes its founder and chief executive Pham Nhat Vuong, with the loss-making electric vehicle maker aiming to restructure its local operations into a more "asset-light" model, a company filing showed.
Eatery operators in Malaysia’s southernmost state of Johor have yet to raise prices despite higher ingredient costs, but say hikes are inevitable if the Middle East conflict persists.
Successors in Asia, particularly in China, are becoming involved in managing family wealth as early as their 20s, a report shows, according to a UBS report.
HBO Go, the old streaming service that has been discontinued in many markets, will cease operations in Vietnam too on June 15 and be replaced by Netflix competitor HBO Max.
Bubble tea chain Gong Cha has attracted suitors including buyout firms Bain Capital and General Atlantic in a deal that seller TA Associates expects will fetch as much as $2 billion.
Hong Kong's shopping hub Tsim Sha Tsui has held its position as the most expensive luxury retail destination in Asia, with annual rents reaching GBP16,160 (US$22,000) per square meter.
Singapore is among the world’s top 10 cities for new luxury retail store openings, cementing its standing as a key gateway for regional wealth and international tourism.
Singapore has tightened rules on executive condominiums (ECs), including doubling the minimum occupation period, to discourage flipping as prices more than doubled over the last decade.
Despite having studied and worked in Singapore and Taiwan, I still had to start over as a hotel receptionist earning just VND8 million (US$300) per month after returning to Vietnam.
The U.S. dollar rose against the Vietnamese dong Tuesday as it held steady among major peers as investors see little change in peace talk prospects in the Middle East conflict.
Singapore’s cruise operators are cutting sailing speeds, altering routes and terminating promotional offers to survive impacts of rising fuel costs driven by the Middle East conflict.
The Malaysian government has ensured balanced fuel distribution nationwide and is prepared to import additional fuel if necessary to maintain stability.
Malaysian durian growers are deploying a QR code verification system to combat fraudulent Penang durians, allowing consumers to trace each fruit back to its source orchard within seconds.
The Hong Kong Exchanges and Clearing is moving forward with plans to revive gold futures trading as demand for the precious metal continues to climb across mainland China.
Mauritius, an African island nation known to be a resort haven, expects to attract about 100 high-net-worth individuals annually through a golden visa program aimed at millionaires.
Durian, once seen as a luxury fruit in China, has seen steady price declines as improved logistics allow Southeast Asian shipments to arrive faster with less fruit loss.
An heir to the late Ray-Ban billionaire Leonardo Del Vecchio's business empire is contesting a family deal valued at EUR10 billion (US$11.8 billion) that would allow a sibling to triple his stake ownership.
Japanese retail chain Don Don Donki has announced a plan to shut down its outlet at HarbourFront Centre in Singapore in July, with clearance discounts available on selected items.
China’s Hubei Dinglong, a supplier of semiconductor manufacturing materials, has seen shares climb nearly 116% over the past year, lifting cofounders Zhu Shuangquan and Zhu Shunquan into the billionaire ranks.
Singapore billionaire Sam Goi dropped out of high school to pursue business, eventually rising to prominence with spring roll pastry locally known as popiah skins.
Two albino Hermes bags belonging to Truong My Lan, the property tycoon on death row for embezzlement, will be auctioned later this month at a starting price of VND4.1 billion (US$155,800).
Southeast Asian nations hit by soaring fuel and food prices caused by the Middle East war are weighing solutions that include setting up a regional oil reserve, Philippine President Ferdinand Marcos said.
PNB Holdings, the real estate arm of Philippine National Bank (PNB) owned by billionaire Lucio Tan, is considering postponing its planned stock market debut amid market turbulence triggered by the Middle East conflict.
Singapore’s Changi Airport Group is planning to construct a six-story office building near Terminal 3, which is set to receive a capacity upgrade in upcoming years to handle high traffic.
Indonesia ranks second in Southeast Asia in the number of people with US$30 million or more, and the figure is forecast to almost double in five years, a report has shown.
Forest Endeavour, a property development company controlled by Taiwanese billionaire Lin Chen-hai, has acquired a major mixed-use property on Australia’s Gold Coast for AUD346.5 million (US$250 million).
Buying interest is making a comeback in Hong Kong's secondary luxury housing market, with wealthy families seizing on value in projects where prices have trailed the broader residential recovery, as sentiment improves and interest rates ease.
AirAsia co-founder Tony Fernandes is gearing up to launch a new airline, confident that expanding amid turbulence caused by soaring oil prices will yield returns down the line.
Singapore Airlines has pushed back the launch of its next-generation first and business class seats on Airbus A350-900 aircraft to the first quarter of 2027, from the previously scheduled second quarter of 2026.
French luxury house Louis Vuitton has been awarded SGD510,000 (US$403,000) in damages from a Singapore-based Instagram seller accused of repeatedly selling counterfeit luxury goods.
Hundreds of container trucks carrying durian have piled up in southern Dong Nai province for inspection for shipping to China since labs there are overwhelmed during what is the harvest season.
Police raiding a hotel near the northern border with China found a casino operating under the guise of an entertainment club, and seized chips worth more than VND301 billion (US$11.4 million).
During Party General Secretary and President To Lam's state visit to India, Sun Group signed a memorandum of understanding with GMR Group, one of the world's major airport operators, to strengthen aviation and tourism cooperation between Vietnam and India.
The International Baccalaureate (IB) is widely seen as a pathway to top universities, but high tuition costs have limited access for many Vietnamese families, a barrier Tesla Education says it is working to address.
Fresh coconuts are selling for VND80,000-100,000 (US$3.04-3.80) a dozen at the farm gate, or double the prices at the start of the year, as demand rises amid hot weather.
CK Hutchison, controlled by Hong Kong's richest man Li Ka-shing, has agreed to sell its stake in Britain's largest mobile operator VodafoneThree to its joint venture partner for US$5.8 billion.
