Chinese property developers owe 3.8 trillion yen in taxes
Chinese property developers owe 3.8 trillion yen in unpaid taxes according to a report by state broadcaster China Central Television (CCTV).
Investment profile: Laos
APAC Outlook takes a deep dive into the business and investment potential of Laos, the smallest ASEAN country.
Indonesia raises volcano alert as Mount Sinabung erupts
Indonesian officials have raised the alert status for the Mount Sinabung volcano in North Sumatra to the highest level and warned people to stay at least 5km from the crater.
Protests rock Bangkok as opposition calls for Prime Minister to resign
Tens of thousands of anti-government protesters have marched on a second day of demonstrations in Bangkok calling for the Prime Minister Yingluck Shinawatra and her government to step down.
Typhoon Haiyan death toll rises over 5,000
Two weeks after Typhoon Haiyan devastated the Philippines, the country’s National Disaster Risk Reduction and Management Council has announced that 5,209 people are now known to have lost their lives in the storm, with many more missing, and around 23,000 people injured.
Daimler takes 12% stake in its Chinese partner BAIC
Mercedes-Benz owner Daimler AG has taken a 12 percent stake in its Chinese partner Beijing Automotive Group (BAIC Group), one of China’s biggest car makers.
Taiwan loses African ally Gambia
Taiwan has lost an African ally in the shape of the Gambia which says it is cutting all ties with the tiny Southeast Asian nation.
Japan’s economic growth slows in Q3
Japan’s economy slowed dramatically in the three months ended September, with an annual grow rate of just 1.9 percent compared to 3.8 percent in the previous quarter.
