Eduardo Saverin tops Forbes’ Singapore Wealthiest List
Eduardo Saverin, one of the co-founders of Meta Platforms (formerly Facebook), has ascended to the title of Singapore's wealthiest individual on Forbes' most recent compilation...
Indonesia launches USD 2 Billion Greater Jakarta LRT Project
President Joko Widodo has inaugurated Indonesia's first Greater Jakarta Light Rapid Transit (LRT) system. The system will connect the nation's capital with satellite cities. This...
Bangchak acquires Esso Thailand
Bangchak Corporation has acquired Esso Thailand. Bangchak Corporation is a leading energy conglomerate in Thailand. Esso Thailand is a prominent petroleum company. The deal is...
Singapore Police seize assets close to S$1 billion in anti-money laundering operation
The Singapore police have arrested ten individuals, aged 31 to 44, on suspicion of involvement in forgery, money laundering, and resisting arrest. Additionally, law enforcement...
Shares of Vietnam’s EV maker, VinFast surge in Nasdaq debut
Vietnamese electric vehicle (EV) manufacturer VinFast's debut on Nasdaq saw its shares (VFS.O) surge in value after a $23 billion backdoor listing. The EV maker...
Gulf Energy and Thaicom are top Thai stock performers pulling billions of baht in revenue
Gulf Energy Development (GULF) reported a remarkable 88.47% surge in net profit. This amounted to 2.88 billion baht, during the second quarter of 2023 compared...
Rainbow Swatch owners face 3 years jail in Malaysia
The Malaysian government has imposed a ban on Swatch's rainbow-themed products. They cited their connection to the LGBTQ movement and alleged "harm to morality." This...
Vietjet starts direct service between HCMC and Jakarta
Vietjet launched a direct route connecting Ho Chi Minh City (HCMC) and Jakarta, Indonesia. This marks the third direct link in their flight network between...
FTAs seen to bring more exporters into PEZA zones
PEZA Director General Tereso Panga has stated that the Philippine Economic Zone Authority (PEZA) stands to gain benefits from free trade agreements (FTAs). He explained...
MOSTI: RM 1.8 Billion contributed by Cradle Fund to Malaysia National GDP since inception in 2003
Since its establishment in 2003, Cradle Fund Sdn Bhd has added RM1.83 billion to the national gross domestic product (GDP) through grant and investment programs....