Global IT Outage Hits Singapore, Malaysia Service System and Airport
A recent global IT outage has wreaked havoc across major sectors worldwide, with Singapore and Malaysia being the most affected in Southeast Asia. A faulty...
Somphote, Anwar in Energy Absolute Share Political Scandal
Somphote Ahunai, CEO of Energy Absolute and dubbed the "Elon Musk of Thailand," has found himself at the center of a major scandal. His company's...
Malaysia SMEs Concern over RON95 Petrol Subsidy Cuts
The Malaysian government’s plan to rationalize RON95 petrol subsidies has sparked significant concern among small and medium enterprises (SMEs). The Small and Medium Enterprises Association...
Johor-Singapore SEZ: Significant Business and Tax Incentives
The Johor-Singapore Special Economic Zone (JS-SEZ) has generated overwhelming interest from Singaporean businesses. According to a report by the Singapore Business Federation (SBF), over 90%...
Cambodia Targets 800,000 Electric Vehicles (EV) by 2030
The Cambodian government has set an ambitious goal to have 800,000 electric vehicles (EVs) on the roads by 2030. The Cambodian government unveiled this initiative...
Improving Investor Sentiments of Singapore’s Stock Market
The Singapore stock market, once a beacon of vibrancy and opportunity, has seen better days. The golden era of 1993, when the Straits Times Industrials...
Weak Economy Amid Structural Problems: Thailand
Thailand's economy grapples with significant challenges, according to Finance Minister Pichai Chunhavajira. Addressing a business seminar on Wednesday, Pichai emphasized the urgent need to support...
Vietnam and Philippines Forge Strategic Rice Alliance
The agriculture ministers of Vietnam and the Philippines have solidified a groundbreaking rice industry alliance, aiming to upgrade their trade relationship into a robust investment...
Prabowo Subianto’s Economic and Fiscal Strategy for Indonesia
President-elect Prabowo Subianto, set to be sworn in on October 20, plans to implement ambitious fiscal policies to drive Indonesia’s economic growth. However, his vision...
Singapore’s New Foreign Employment Rules: A Boon or Bane?
Singapore’s employment pass renewal season has sparked significant discussions, especially with implementing a new points-based system starting this September. Under this system, overseas employees on...