24 News

Business

4 things to know about Nvidia CEO Jensen Huang and his admitted affair Mon, 09 Nov 2026 21:47:32 +0700

Nvidia CEO Jensen Huang has admitted to having an affair as the chipmaking giant launches an investigation that some analysts say could put his top role at risk.

Who is the alleged mistress of Nvidia CEO Jensen Huang? Mon, 09 Nov 2026 16:07:05 +0700

Alice Huang, the Chinese businesswoman who is allegedly having an affair with Nvidia CEO Jensen Huang, worked as a TV reporter before becoming an executive of a Singapore-based data center company.

Dollar dips against dong Mon, 09 Nov 2026 14:21:59 +0700

The U.S. dollar fell against the Vietnamese dong on Monday morning.

Gold prices rise Mon, 09 Nov 2026 12:17:40 +0700

Vietnam's gold prices climbed on Monday morning following a more than 1% gain in global bullion rates.

Malaysian developer ordered to pay $2.6M over luxury condo delays Mon, 09 Nov 2026 11:29:27 +0700

A Malaysian court has ordered the developer of a luxury condominium complex in Johor Bahru to pay RM10.56 million (US$2.6 million) in compensation to buyers, including Singaporeans, over delays in completing their homes and shared facilities.

Singapore-backed beverage maker F&N considers price increases of up to 4% in Malaysia, Thailand Mon, 09 Nov 2026 11:23:58 +0700

Beverage manufacturer Fraser & Neave Holdings Bhd (F&N) is considering raising prices on selected products in Malaysia and Thailand by 3% to 4% as commodity and raw material costs rise.

Singapore's 44-year-old snacks shop to shutter amid rising costs Mon, 09 Nov 2026 10:16:11 +0700

Biscuit King, a shop selling traditional snacks and sweets in Singapore, will close its doors at the end of January 2027, with higher costs cited as the main reason.

Nvidia CEO Jensen Huang admits affair Mon, 09 Nov 2026 09:36:54 +0700

Nvidia said on Sunday its board was probing whether CEO Jensen Huang had been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman.

Singapore, Malaysia to raise cross-border taxi quota, add two licensed operators Mon, 09 Nov 2026 06:31:44 +0700

Singapore and Malaysia will increase the quota of licensed cross-border taxis from 300 to 500 per country, with two ride-hailing operators also being licensed to provide such services.

Thailand to raise imported EV tax to 35% to encourage local production Mon, 09 Nov 2026 06:26:43 +0700

Thailand’s cabinet has approved increasing excise taxes on fully imported electric vehicles from 10% to 35% starting Jan. 1, 2027, as the country seeks to attract investment and expand domestic manufacturing.

Malaysian tycoon Lee Yeow Seng resigns as palm oil giant IOI Corp's non-executive director after 18 years Mon, 09 Nov 2026 06:19:47 +0700

Billionaire Lee Yeow Seng has left the board of Malaysian palm oil giant IOI Corp after over 18 years to focus on the property arm of his family's conglomerate, IOI Properties Group.

Thailand’s growth outlook improves on AI boost but still trails regional peers Mon, 09 Nov 2026 06:19:29 +0700

Economists are lifting their forecasts for Thailand after updated manufacturing data revealed a larger contribution from AI-related industries, although much of the economy remains sluggish.

Vietnam targets at least 10% GDP growth and $6,100 per capita GDP in 2027 Sun, 08 Nov 2026 09:49:59 +0700

Vietnam's National Assembly has set a target of at least 10% economic growth in 2027, with GDP per capita expected to reach approximately US$6,100.

Stavian Chemical makes Fortune Southeast Asia 500 for second consecutive year Sat, 07 Nov 2026 15:00:00 +0700

Stavian Chemical ranked 227th on the 2026 Fortune Southeast Asia 500, with revenue up 3.4% and profit rising 9.3% year-on-year.

Australia's 188-year-old department store chain goes into administration Sat, 07 Nov 2026 11:47:15 +0700

David Jones, Australia's oldest department store chain, has entered voluntary administration, the country's closest equivalent to Chapter 11 bankruptcy in the U.S.

Malaysia’s oldest newspaper delays plan to lay off 100 staff Sat, 07 Nov 2026 11:46:54 +0700

Malaysia’s oldest newspaper publisher Media Mulia has agreed to reassess a paid leave program affecting nearly 100 employees and explore alternatives to layoffs.

Dollar weakens against dong on black market Sat, 07 Nov 2026 11:46:29 +0700

The U.S. dollar on Saturday morning fell against the Vietnamese dong on the black market despite jumping against major peers.

Southeast Asia's largest economy records higher-than-expected 5.47% GDP growth in Q3 Fri, 06 Nov 2026 16:24:59 +0700

Indonesia's economy expanded by 5.47% in the third quarter, exceeding expectations as higher net exports of goods and services and steady household spending supported growth.

Warren Buffett now world’s eighth-richest man as Larry Ellison drops out of top 10 Fri, 06 Nov 2026 16:24:24 +0700

Warren Buffett is now the eighth-richest man in the world following a technology stock selloff that sent Oracle co-founder Larry Ellison out of the top 10, Forbes’ real-time ranking shows.

Malaysian tycoon Jeffrey Cheah's Sunway Construction lands $655M Johor, Selangor data center contracts Fri, 06 Nov 2026 16:07:47 +0700

Sunway Construction Group (SunCon), part of billionaire Jeffrey Cheah's Sunway conglomerate, has secured two contracts totaling RM2.66 billion (US$655.4 million) for data center projects in Malaysia's Johor and Selangor states.

Gold prices fall Fri, 06 Nov 2026 14:06:07 +0700

Vietnam's gold prices slumped on Friday morning as bullion dipped on global markets.

Dollar slips against dong Fri, 06 Nov 2026 14:05:38 +0700

The U.S. dollar weakened against the Vietnamese dong on Friday morning.

Southeast Asia’s third-richest country gives up to $123 each to 5.4M recipients to ease living costs Fri, 06 Nov 2026 10:05:14 +0700

Malaysia is giving 5.4 million recipients up to RM500 (US$123.5) each in cash aid to help low-income groups cope with cost-of-living pressures.

Condo seized in Singapore’s largest money laundering case sells for nearly US$7 million Fri, 06 Nov 2026 10:04:52 +0700

A luxury condominium confiscated from the wife of a suspect linked to Singapore’s largest money laundering case has been auctioned for S$8.5 million (US$6.65 million), about 13% below its guide price.

Singapore luxury hotel in century-old building sold for over $200M Fri, 06 Nov 2026 10:04:35 +0700

QT Singapore, a luxury heritage hotel located in a building that dates back to the 1920s, has been sold for more than S$260 million (US$203.5 million).

Billionaire couple-run Canva restructures, affecting over 1,200 employees Fri, 06 Nov 2026 10:04:12 +0700

Australian design software firm Canva, founded by billionaire couple Melanie Perkins and Cliff Obrecht, is restructuring, affecting 1,271 employees, or 22% of its workforce, through layoffs, relocations and role changes.

Thailand considers national food reserve amid fears of prolonged Middle East conflict Fri, 06 Nov 2026 10:02:41 +0700

Thailand’s National Security Council is considering establishing a national food reserve as authorities prepare for potential economic and supply chain disruptions from a prolonged conflict in the Middle East.

Asia’s 3rd-richest man buys European company in $2.9B deal Fri, 06 Nov 2026 10:02:26 +0700

Adani Ports & Special Economic Zone, controlled by Asia’s third-richest man Gautam Adani, has agreed to acquire Amsterdam-based liquid storage operator Evos BV at an enterprise value of EUR2.6 billion (US$2.9 billion).

Chairman of Southeast Asia's largest lender Peter Seah to retire at end of 2026 Fri, 06 Nov 2026 06:08:43 +0700

DBS Group, Southeast Asia’s largest bank by total assets, announced that chairman Peter Seah will step down at the end of 2026 after 16 years in the role.

China buys 96% of Vietnam’s durian exports Fri, 06 Nov 2026 06:08:23 +0700

China accounted for nearly 96% of Vietnam’s durian exports in the first nine months of the year, leaving the industry with virtually no alternative market.

4 Southeast Asian tycoons’ daughters join Forbes Asia’s Power Businesswomen list Fri, 06 Nov 2026 06:08:03 +0700

The daughters of four business tycoons from Malaysia, the Philippines and Thailand have been selected among the 20 women on this year’s Forbes Asia Power Businesswomen list.

Gasoline prices plunge to 2-month bottom Thu, 05 Nov 2026 15:29:11 +0700

Gasoline prices fell Thursday morning to the lowest since Sept. 3, following a tax cut.

Ho Chi Minh City to issue bonds to finance major infrastructure projects Thu, 05 Nov 2026 13:00:00 +0700

Ho Chi Minh City plans to issue municipal and project bonds through Vietnam International Financial Center and expand domestic borrowing to fund major infrastructure and urban development projects.

World's largest rice importer boosts purchases from Cambodia Thu, 05 Nov 2026 11:29:44 +0700

The Philippines, world's largest rice importer, is increasing direct rice imports from Cambodia as part of efforts to diversify its supply sources.

Dollar drops against dong Thu, 05 Nov 2026 11:28:04 +0700

The U.S. dollar continued its decline against the Vietnamese dong on Thursday morning, hovering around the lowest in 18 months.

HCMC financial center should complement Singapore, not compete: expert Thu, 05 Nov 2026 10:30:00 +0700

Ho Chi Minh City's international financial center should work alongside established regional hubs such as Singapore and Hong Kong to strengthen Asia's financial ecosystem, an international finance expert says.

Gold gains 4 days in a row Thu, 05 Nov 2026 10:28:44 +0700

Vietnam gold prices rose for a fourth consecutive session Thursday morning as the precious metal surged on global markets.

PGBank receives first Moody's credit rating with stable outlook Wed, 04 Nov 2026 19:00:00 +0700

Moody's Ratings has assigned PGBank a B1 long-term deposit rating with a stable outlook, citing its diversified funding base, strong capitalization and improving profitability.

Japanese billionaire Masayoshi Son only Asian among world's 5 biggest wealth losers Wed, 04 Nov 2026 16:52:14 +0700

Japan’s second-richest man Masayoshi Son was the only Asian billionaire among the world’s five biggest wealth losers on Wednesday afternoon.

Malaysian billionaire's IOI Properties eyes Singapore private fund launch, early 2027 SGX secondary listing Wed, 04 Nov 2026 16:51:31 +0700

Malaysia-listed IOI Properties plans to launch a Singapore private fund in the coming months while targeting early 2027 for a secondary listing on the Singapore Exchange (SGX), its billionaire CEO said.

Gold prices extend morning gains Wed, 04 Nov 2026 16:50:51 +0700

Vietnam gold prices rose further on Wednesday afternoon following a 2.4% surge in global bullion rates.

Techcombank CEO upbeat on Vietnam's growth outlook at Fortune Summit 2026 Wed, 04 Nov 2026 15:35:00 +0700

Techcombank CEO Jens Lottner highlighted Vietnam's economic resilience, investment prospects and infrastructure development at the Fortune Southeast Asia 500 Summit 2026, emphasizing the need for long-term capital to sustain growth.

Who are 2 Thai CEOs featured on Asia’s Power Businesswomen 2026? Wed, 04 Nov 2026 14:41:50 +0700

Naruechon Dhumrongpiyawut, CEO of renewable energy company Gunkul Engineering, and Thapanee Techajareonvikul, CEO of retail conglomerate Berli Jucker, have been named to Forbes’ Asia’s Power Businesswomen 2026.

Dollar hits 1.5-year low against dong Wed, 04 Nov 2026 12:07:17 +0700

The U.S. dollar fell to a 1.5-year low against the Vietnamese dong on Wednesday morning.

Southeast Asia's largest economy will not export electricity to Singapore without fair price Wed, 04 Nov 2026 11:39:16 +0700

Indonesia will not export electricity to Singapore unless the two countries agree on a suitable price, an official has said, casting doubt on plans to supply up to 3.4 gigawatts of low-carbon electricity to the city-state.

Director at unit of Indonesia richest family's bank makes Forbes Asia's Power Businesswomen list Wed, 04 Nov 2026 11:38:59 +0700

Lanny Budiati, president director of BCA Digital, a subsidiary of Bank Central Asia, which is controlled by the billionaire Hartono family, has been named to Forbes Asia's Power Businesswomen 2026 list.

Malaysian tycoon's IOI Properties launches $515M IPO for real estate trust Wed, 04 Nov 2026 11:38:44 +0700

IOI Properties Group, controlled by Malaysian billionaire Lee Yeow Seng, has launched an initial public offering for its property trust, seeking to raise about RM2.1 billion ‌(US$515.7 million).

Vietnam needs 1,000 aircraft over next 20 years Wed, 04 Nov 2026 11:38:29 +0700

Air travel in Vietnam will grow at twice the global average, meaning the country will need to add 1,000 aircraft to its fleet over the next two decades, according to a recent forecast by Airbus.

Gold prices gain Wed, 04 Nov 2026 11:38:11 +0700

Vietnam's gold prices rose on Wednesday morning amid an increase in global bullion rates.

Haze, unpredictable weather cloud Malaysia’s upcoming durian season Wed, 04 Nov 2026 06:20:33 +0700

Malaysian durian farmers are facing uncertainty as changing weather conditions, compounded by worsened haze, have affected flowering and fruit development ahead of the minor season in December-February.

Economic zone linking Singapore, Malaysia attracts $21.8B in approved investments Wed, 04 Nov 2026 06:20:17 +0700

The Johor-Singapore Special Economic Zone has attracted RM88.83 billion (US$21.8 billion) in approved investments under the Malaysian Investment Development Authority.

Singaporean billionaire heiress Kim Lim's ex-employee jailed for stealing valuables including Patek Philippe watch, Louis Vuitton perfume Wed, 04 Nov 2026 06:20:00 +0700

A former employee of Kim Lim, Singaporean billionaire Peter Lim's daughter, received 22 months' jail for stealing the socialite's valuables, including a Patek Philippe watch and Dior and Louis Vuitton perfumes, among other crimes.

Australia's central bank hikes key interest rate to 18-year high Tue, 03 Nov 2026 16:43:32 +0700

Australia's central bank raised its key interest rate to a 18-year high on Tuesday, citing the prolonged war in the Middle East and persistent inflationary pressures.

Asia’s richest man joins Elon Musk among world’s biggest wealth gainers Tue, 03 Nov 2026 16:26:10 +0700

Indian billionaire Mukesh Ambani, the richest man in Asia, joined top billionaire Elon Musk among the world’s biggest wealth gainers on Tuesday.

Malaysia attracts over $14B potential investments through overseas missions Tue, 03 Nov 2026 16:25:06 +0700

Malaysia has attracted potential investments worth RM59.5 billion (US$14.6 billion) through official visits and overseas trade and investment promotion missions in 2025–2026.

Vietnam posts back-to-back monthly trade surpluses Tue, 03 Nov 2026 16:01:25 +0700

Vietnam posted a trade surplus of US$7.31 billion in October, following its first this year in September, as trade turnover in the first 10 months rose to a record high.

Inflation rises 4.57% in 10 months Tue, 03 Nov 2026 16:00:22 +0700

Vietnam’s Consumer Price Index (CPI), which measures inflation, rose 4.57% in the first 10 months of 2026.

Gold prices drop Tue, 03 Nov 2026 15:06:31 +0700

Vietnam gold prices on Tuesday afternoon fell 0.42% from the morning, but remained above Monday's level.

Gold prices advance Tue, 03 Nov 2026 10:58:30 +0700

Vietnam gold prices rose Tuesday morning following a recovery of the precious metal on global markets in the previous session.

Dollar continues to slide against dong Tue, 03 Nov 2026 10:58:15 +0700

The U.S. dollar edged down against the Vietnamese dong Tuesday morning, extending its decline after hitting an 18-month low last week.

Ads

Ads here

Ads

Ads here