On May 5, Singapore’s super-app Grab released unaudited financial results for the first quarter of 2026 (ending March 31), marking a notable performance as it surpassed analysts’ forecasts.
Category: Business
Indonesia to maintain coal reliance amid energy security push
“I have decided, let’s go with coal. This is survival mode,” declared Indonesia’s Energy and Mineral Resources Minister, Bahlil Lahadalia, during his keynote speech at the Bogor Agricultural University Alumni Forum in Jakarta on 2 May.
Southeast Asia Energy Security Series: #1 Indonesia
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The Persistence of Indonesia’s “Zombie” Mining Sector
The persistence of “zombie” mining refers to entities that are legally revoked but remain operational. Every year, an estimated 3.5 trillion Indonesian rupiah (201.7 million USD) in state revenue is lost within Indonesia’s mining sector.
Taiwan’s TECO pledges US$12 million busway manufacturing plant in Malaysia
Taiwan’s TECO Electric & Machinery—a major global industrial conglomerate specialising in electromechanical engineering, automation and green energy solutions—has expanded into the Southeast Asian market with a 12 million million US dollar investment pledge in Malaysia.
Vietnam and Indonesia’s Coffee Boom: Growth Built on Fragile Foundations
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CP Group-NTT DOCOMO collaborate on loyalty-driven e-commerce strategy in Thailand
Charoen Pokphand (CP) Group, Thailand’s largest private conglomerate, has commenced a marketing solution business with Japan’s NTT Docomo Global, a subsidiary of Japan’s leading telecommunications operator, NTT Docomo.
Indonesia to cover airfare VAT as jet fuel price surge
Coordinating Minister for Economic Affairs, Airlangga Hartanto, held a press conference on 25 April to discuss the sustainability of the national airline industry amid rising aviation fuel costs.
Vietnam’s Hai Phong Port sets new record as world’s largest container ship docks
On April 22, the Hai Phong seaport at the Lach Huyen port area welcomed the COSCO Shipping Aquarius—one of the world’s largest container ships.
Indonesia uncovers giant gas reserve in Borneo
Indonesia discovered a major gas reserve at Geliga-1 exploration well—a working area operated by Italian energy company ENI at the Ganal Block offshore Kutai, East Kalimantan.