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Vietnam to get 3,000 electric buses next year

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03-May-19 3,000 electric buses will be introduced in Vietnam in 2020. Local conglomerate Vingroup will introduce VinBus - with the objective of reducing emissions and noise - in Hanoi, Ho Chi Minh City, Da Nang, Hai Phong and Can Tho. [image: Asia Times / iStock]

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US medtech firm opens instrument manufacturing facility in Singapore

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03-May-19 PerkinElmer, an American medtech company, has opened its newest life science lab instruments and diagnostics manufacturing facility at the JTC MedTech Hub in Singapore. The facility is the company's largest instrument manufacturing facility globally. [image: Perkinelmer / The Straits Times]

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Asia’s record remittances show globalization alive and well

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02-May-19 Foreign remittances to Asian countries hit USD300 bn for the first time in 2018, underscoring the ever-rising importance of overseas employment for the region. Major recipients such as Pakistan and the Philippines have GDPs only slightly bigger than that. [image: World Bank staff estimates, World Development Indicators, IMF Balance of Payments Statistics /  Asia Times]

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Cambodia dreams of an oil gushing bonanza

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30-Apr-19 Cambodia has announced it will begin to extract oil, representing a potential rich new source of energy and revenue. Extraction is expected to begin by the end of 2019 from the "Apsara" oil field in the Gulf of Thailand. [image: KrisEnergy / Facebook]

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