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CHANDRA ASRI ACQUIRES EXXONMOBILE SINGAPORE ASSETS

ExxonMobil’s network of Esso-branded retail fuel stations in Singapore will be acquired by Indonesia-based petrochemical producer…

FORMER BANKER RESIGNS AS DEPUTY FINANCE MINISTER IN THAILAND

Thailand’s deputy finance minister resigned on Wednesday following allegations linking him to Cambodia-based cyberscam centres. Prime…

DBS EXPECTS SGD TO PAR USD AND GDP TO SURGE TO US$1.4T BY 2040

DBS Group Research on Wednesday said it expects Singapore’s gross domestic product to double by 2040,…

CONTINUING FOREIGN OUTFLOWS IN MALAYSIA

Foreign investors turned net sellers, ending their two-week consecutive streak of net buying activity across Asian…

ASIAN INVESTORS FILE US$300M CLAIM AGAINST SWISS GOVT OVER CREDIT SUISSE

One of Singapore’s largest law firms is set to file claims against the Swiss government by…

DANANTARA CRITICISED BY FINANCE MINISTER

Indonesia’s sovereign wealth fund Danantara has defended its plan to allocate part of its assets to…

BITCOIN-CRYPTO WIPEOUT AS $600 BILLION ERASED

After a week-long rout that erased hundreds of billions in digital-asset value, Bitcoin has again failed…

FOREIGNERS NOW ALLOWED TO LEAD INDONESIA SOEs

President Prabowo Subianto’s policy allowing foreign nationals to lead Indonesia’s state-owned enterprises (SOEs) is not intended…

INDONESIA EXAMINING STATE OWNED BANK’ LIQUIDITY

Indonesia is considering injecting more liquidity into the country’s state banks, its finance minister said on…

VIETNAM GRANTED EMERGING MARKET STATUS BY FTSE RUSSELL

Vietnam was designated an emerging market by a major index provider for the first time today,…