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MYR STRENGTHENS TO 4.13 DUE TO US RATE CUT

The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as…

INDONESIA EYEING INVESTMENTS IN OVERSEAS AI INFRASTRUCTURE

Indonesia’s social security fund is keen to invest in firms that provide infrastructure for artificial intelligence, if…

AS INTEREST EARNINGS FALL, BANKS REFOCUS ON FEE INCOME

Singapore’s banks are increasingly relying on non-interest income streams, particularly in wealth management, to offset declining…

IDR REDENOMINATION U-TURN MAKES SENSE

As practical as the reasons to lob a few zeros off the rupiah are, the timing…

CHANDRA ASRI CLOSES US$750M LOAN FROM KKR

Indonesia’s Chandra Asri Pacific (TPIA.JK), opens new tab said on Monday it has secured a bespoke $750 million…

SGX LAUNCHES BITCOIN & ETHER PERP. FUTURES

The derivatives arm of Singapore Exchange (SGX) said on Monday that it would launch bitcoin and…

CENTRAL BANK: IDR RE-DENOMINATION NOT NOW

Bank Indonesia Governor Perry Warjiyo said on Wednesday that the central bank has no immediate plans…

SD GUTHRIE ISSUES RM2.1B SUSTAINAbility-LINKED SUKUK

SD Guthrie Bhd said it has issued its maiden sustainability-linked sukuk of RM2.1 billion, Malaysia’s largest…

DBS CEO: ‘BUCKLE UP, WE’RE IN FOR A VOLATILE RIDE’

With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s…

INDONESIA INAUGURATES $4B PETROCHEMICAL PLANT BY LOTTE CHEMICAL

Indonesian president Prabowo Subianto on Thursday inaugurated a $4 billion petrochemical production facility built by South…