On May 23, Porsche Centre Brunei commenced its Saturdays@Porsche initiative. Themed “Porsche Classic Day”, the exhibition showcased the enduring allure of Porsche Classic collections, which remained on display until May 30.
Author: Elisabeth Xaviera
Business and Economy Correspondent, SEA Daily
Cambodia and Laos partner to link power grid with World Bank backing
Under the ASEAN Centre for Energy (ACE), Cambodia and Laos have signed the “Joint Study Framework on Development of the ASEAN Power Grid Feasibility Study for Cross-Border Interconnection”.
State-owned enterprise given monopoly rights over select strategic minerals in Indonesia
Per May 25, Indonesia’s investment management agency Daya Anagata Nusantara (Danantara)’s subsidiary, Danantara Sumberdaya Indonesia (DSI), officially attained state-owned enterprise (SOE) status.
Indonesian president’s three-day Paris visit set to elevate bilateral ties to Comprehensive Strategic Partnership
On May 27, the second day of his bilateral visit to France, Indonesian President Prabowo Subianto began his morning by performing the Eid al Adha prayer at the Indonesian Embassy residence in Paris. He greeted Indonesian citizens and members of the diaspora in attendance before gathering with them for a communal meal, in an engagement intended both to mark the Feast of Sacrifice and to reinforce ties with overseas Indonesians.
Vietnam breaks into world’s top 10 steel producers
For the first time, Vietnam entered the top 10 of the world’s crude steel producers, according to a report published by the World Steel Association (Worldsteel) on 22 May.
London’s Inchcape launches Imperial Motors joint venture in Brunei
London-headquartered multinational automotive distributor and retailer Inchcape has established Imperial Motors, a new joint venture with its subsidiary Inchcape Brunei Darussalam on May 21.
Canada and Timor-Leste elevate ties to strategic partnership as Ottawa eyes investment push
Timor-Leste and Canada have agreed to elevate their bilateral relations into a special strategic partnership, with Ottawa placing considerable emphasis on expanding investment into the country.
Malaysia faces steep costs after Norway revokes arms export deal
On May 19, Malaysian Defence Minister Datuk Seri Mohamed Khaled Nordin commissioned the Royal Malaysian Navy (RMN) to research alternative missile vendors, following Norway’s revocation of their bilateral defence agreement signed in 2018.
Migrant labour shortage threatens Thai economy, businesses warn
Thailand is facing a migrant worker shortage that authorities must urgently address to prevent wider economic strain, Thai business leaders have warned.
Why Thailand’s roads keep killing
According to the World Health Organisation (WHO), Thailand ranks among the highest in the world for road fatalities as traffic accidents claim approximately 20,000 lives annually, meaning an average of 50 deaths per day.