Malaysia is ramping up preparations as its capital, Kuala Lumpur, prepares to host the inaugural GSMA M360 ASEAN conference, a global series of regional summits focused on the mobile industry, digital technology, and the growth of local digital economies, from September 9 to 10.
Category: Economy
Indonesia-Thailand Lock $20bn Trade Roadmap with Historic Bilateral Pact
Indonesia and Thailand have committed to expanding bilateral trade through a strategic partnership roadmap, aiming to reach 20 billion US dollar by 2030.
Global Economic Volatility is the Exact Reason Indonesia Must Deliver its Net-Zero Transition
Today’s fragmenting, volatile global geopolitical and geoeconomic landscape is the very reason why the net-zero transition is the indispensable pathway for safeguarding national security.
Indonesia’s Central Bank Governor Resigns as Political Fiscal Dominance Continues
In an unprecedented development, Indonesia’s central bank governor has suddenly resigned, citing personal reasons. The outgoing governor Perry Warjiyo was originally scheduled to conclude his second five-year term in 2028.
Indonesia-EU Enters Final Approval Phase for 2027 CEPA Launch
The mega-trade deal between Indonesia and the European Union (EU), the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), is entering its finalisation phase to meet implementation targets by January 1, 2027.
Modest Market Shock as Indonesia’s Central Bank Governor Unexpectedly Resign
Indonesia’s monetary anchor, central bank governor, Perry Warjiyo unexpectedly stepped down due to “personal reasons”, Minister of the State Secretariat Prasetyo Hadi announced during a press briefing on July 27.
Philippines Raises Capital’s Minimum Wage to Shield Purchasing Power
On July 25, the Philippines’ Department of Labour and Employment (DOLE) officially rolled out the first tranche of the Philippine peso (PHP) 85 daily minimum wage hike for the National Capital Region (NCR), increasing daily pay by a minimum of PHP 60.
Economic Unfeasibility Forces Thailand to Terminate $30bn Land Bridge Megaproject
Thailand’s ambitious one-trillion Thai baht (30 billion US dollar) land bridge project will be scrapped due to financial unviability and environmental concerns, Thai Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas disclosed on July 24.
Cambodia Advances AI-Driven Future through Human Capital and Tech Cooperation
Cambodian Prime Minister (PM) Hun Manet has reaffirmed the country’s commitment to prepare for an artificial intelligence (AI) driven future, highlighting investment in human capital and international technological cooperation as one of the key priorities for Cambodia’s long-term development.
Timor-Leste Seals $107m Deal to Build First Utility-Scale Solar Project
On July 22, the government of Timor-Leste and Manatuto Renewables Power Sociedade Anónima (MRP) signed a 30-year surface rights agreement to develop a solar and battery energy storage system (BESS) project.