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TECH giants have been courting South-east Asia in recent weeks, with high-profile visits from senior executives with promises of eye-watering investment amounts.
Traffic in the central business district in Jakarta, Indonesia, on Thursday, April 18, 2024. The rupiah is closing in on a pandemic-era low, putting pressure on Indonesia’s central bank to raise interest rates to support the beleaguered currency. Photographer: Nyimas Laula/Bloomberg
ASEAN Business
AN INFLUENTIAL member of Vietnam’s powerful Politburo has resigned, the Communist Party said on Thursday (May 16), weeks after the president and...
This photo taken on March 11, 2024 shows Truong Thi Mai, then a member of Vietnam's Politburo, speaking at a meeting in Hanoi. Truong Thi Mai, an influential member of Vietnam's powerful Politburo, has resigned, the Communist Party of Vietnam said on May 16, weeks after the president and national assembly head stepped down as part of a sweeping anti-corruption campaign. (Photo by AFP)
ASEAN Business
DOMESTIC coffee prices in Vietnam reclaimed the 100,000 dong (S$5.23) per kg mark this week on concerns about weather conditions that may...
A man checks roasted coffee beans at a factory in Hanoi, Vietnam November 22, 2016. REUTERS/Kham
ASEAN Business
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[HO CHI MINH CITY] Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) has joined hands with Vietnam’s tech firm VNG Corp to...
ASEAN Business
[JAKARTA] Fitch Ratings said that Indonesia may struggle to maintain a balanced budget, and that its fiscal deficits could rise to 2.9...
Indonesia's Finance Minister, Sri Mulyani Indrawati, spoke at a seminar hosted by Fitch Ratings in Jakarta on Wednesday (May 15).
ASEAN
ASEAN Business
[KUALA LUMPUR] Malaysia’s economy grew more than expected in the first quarter of 2024, underpinned by strong domestic demand that offset weakening...
Bank Negara Malaysia governor Abdul Rasheed Ghaffour said Malaysia’s economy continued to be driven by resilient domestic expenditure and a positive turnaround in exports.
ASEAN Business
Subscribers
[HO CHI MINH CITY] Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) has joined hands with Vietnam’s tech firm VNG Corp to...
Singapore
OTHER countries may test Singapore’s new leadership on foreign policy issues, and how they respond will be crucial, Prime Minister Lee Hsien...
(PLEASE NOTE: EMBARGOED UNTIL 6PM ON MAY 10, 2024)
Prime Minister Lee Hsien Loong taking questions from journalists during an interview (English session) at the Istana on April 26, 2024. ST PHOTO: KEVIN LIM pixpmleeintw
Global Enterprise
MARKETS across South-east Asia haven’t had much to cheer about lately, as regional currencies are sagging against the greenback amid a revival...

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