Singapore’s state investor Temasek on August 29 publicly declared support for the flag carrier Singapore Airlines’ (SIA) investment in Air India. This response, expressed through an official pronouncement, was intended to address heightened concerns over the Indian carrier’s ever-increasing losses.
Category: Business
Thai Prime Minister Signs New Regulation to Streamline Deportation of Foreign Nationals
On August 28, Thai Prime Minister and Interior Minister Anutin Charnvirakul signed new regulations governing the deportation of foreign nationals, with the Office of the Prime Minister’s Regulation on Deportation B.E. 2569.
Indonesia Seeks to Optimise Halal Value Chain to Boost Economic Growth
Value chain optimisation is the key to tapping into the halal industry’s potential, Head of the Halal Product Assurance Organising Agency (BPJPH) Ahmad Haikal Hasan affirmed during a public forum themed “Halal Industry: The Future of Indonesia’s Industry and Economy” on August 24.
Timor-Leste Eyes $430m Fuel Tender To Secure National Power Grid
The Timorese government has continued its drive to expand and guarantee electricity access for households as a new public tender was launched specifically to secure fuel supplies for the nation’s primary backbone power plants, Hera and Betano.
Chinese Foreign Minister’s Jakarta Visit Deepens Ties with Call for Favourable Business Climate
Indonesian Foreign Minister Sugiono co-chaired an inaugural Comprehensive Strategic Dialogue (CSD) with his Chinese counterpart Wang Yi in Jakarta on August 21.
Singapore National Day Rally Doubles Down on “Trust” to Shield Businesses from Global Turbulence
Singapore’s paramount annual political address, the National Day Rally (NDR), was spearheaded once again by Prime Minister (PM) Lawrence Wong on August 23 at the Institute of Technical Education (ITE) Headquarters.
Indonesian E-Commerce Enabler AHA Commerce Expands to Thailand with 20% Growth Guarantee
Indonesia-based e-commerce enabler AHA Commerce has officially expanded its operations into Thailand, marking its very first regional expansion into the wider Southeast Asian market.
Philippines’ BPI Partners with Gogolook to Curb Mobile Bank Fraud
The Bank of the Philippine Islands (BPI) has officially collaborated with trust technology firm Gogolook, with the aim of shielding customers against increasingly sophisticated digital fraud threats.
The Catalogue Problem Underneath Southeast Asian E-commerce
One e-commerce listing describes a food container with a frog on it, but the photograph shows a children’s dinner set. Another advertises an Arabic edition of Monopoly and the box in the picture is the standard game. A third offers a Sony headphone model in a colour that model has never been made in, which makes it either mislabelled or counterfeit.
Cambodia Optimistic About Attracting More South Korean Investors as New Bilateral Commitment Sealed
The Council for the Development of Cambodia (CDC) has secured firm pacts to foster bilateral ties with the Incheon Chamber of Commerce and Industry (ICCI), with a focus on driving South Korea’s capital to tap into high-potential sectors in Cambodia, namely agricultural processing and furniture manufacturing.