Thai King to Donate Personal Funds Prison Project to Improve Prison Inmate Health
His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua donated 128 million baht from his personal funds. The donation is to support the second phase of the...
Fugitive Jho Low now claims 1MDB billions were “loans” to him
Fugitive businessman Low Taek Jho has claimed that millions of dollars siphoned from 1Malaysia Development Berhad (1MDB), Malaysia's debt-ridden state fund, were merely loans to...
Gordon Brothers to Manage Store Closure Program of Singapore Retailer Robinsons
Gordon Brothers, the global advisory, restructuring and investment firm, has been engaged by provisional liquidators KordaMentha to manage the store closure program of heritage department...
Tesla and Indonesia in battery plant discussions this week
Tesla (TSLA) is apparently inching closer to a deal to build a battery factory in Indonesia. Indonesia President Joko Widodo revealed that the high-level team...
RCEP Mega Trade Deal signed at ASEAN BIS Summit
In a truly momentous occasion, ministers from 15 countries in the Regional Comprehensive Economic Partnership (RCEP) signed the long-awaited trade deal at ASEAN BIS 2020...
ASEAN BIS 2020 opens in Vietnam
The ASEAN Business and Investment Summit (ASEAN BIS) 2020 opened on Friday under the theme “Digital ASEAN: Sustainability and Inclusiveness”. The two-day event is held...
Grab Indonesia invests in Indonesian Fintech app, LinkAja
LinkAja, one of Indonesia’s leading fintech apps, today announced a strategic investment from Grab, Southeast Asia’s top super app. Grab is leading the Series B...
EU commits new grants to Philippines Government
The European Union (EU) has committed an additional 150 million euros-worth of grants to the Philippines. Two-thirds of the fund will firstly, help finance programs...
Accounting Bodies Give Thumbs Up for Malaysia Budget 2021
According to a report by E&Y, PWC and MIA (Malaysian Institute of Accountants), the recent Malaysian budget for 2021 sets to be the largest ever...
Thailand economy performing better than expected according to government report
Government Spokesperson Anucha Burapachaisri stated that Thailand’s economic situation was better than predicted earlier. The Government’s continued measures to cushion the economy have resulted in...