Vietnam’s First Uptime Certified Data Center by Delta Electronics

Delta Electronics Vietnam Co., Ltd, a subsidiary of Delta Electronics (Thailand) PCL., announced the completion and successful certification of Vietnam’s first Uptime Institute Tier Certification of Constructed Facility (TCCF) green data center for HTC-ITC, a subsidiary of Hanoi Telecom. The new green data center, at the HTC building in Hoa Lac High Tech Park, offers users in Vietnam with better connectivity and provides an excellent service for HTC-ITC’s customers.

Malaysian charged by US DOJ for North Korean Sanction Violations

The Department of Justice announced a criminal complaint charging Ri Jong Chol, Ri Yu Gyong, North Korean nationals, and Gan Chee Lim, a Malaysia national. The three were charged with conspiracy to violate North Korean Sanctions Regulations and bank fraud, and conspiracy to launder funds. The defendants allegedly established and utilized front companies that transmitted U.S. dollar wires through the United States to purchase commodities on behalf of North Korean customers.

Indonesia’s Trade Surplus Continues to Expand

By component, the non-oil and gas trade balance recorded a USD3.52 billion surplus in July 2020, up from USD1.36 billion the month earlier. The increase was explained by a surge of non-oil and gas exports coupled with declining non-oil and gas imports in line with compressed domestic demand. The export gains were primarily driven by precious metals, jewellery/gems, animal and vegetable fats and oils, motor vehicles and parts, as well as iron and steel. On the other hand, consumer goods and raw materials were the main drag on non-oil and gas imports despite an uptick recorded in terms of capital goods imports in line with stronger exports. The oil and gas trade deficit persisted in the reporting period at USD0.25 billion as imports of crude oil and refined products increased.

Indonesia rejects Chinese request for military base

The conversation occurred during a meeting between the two top defense officials in Jakarta on Sept. 8, according to a report by Indonesian publication Kompas. Indonesia occupies a strategic location on the southern edge of the South China Sea and on the main sea route between China and the Indian Ocean, the Middle East, Europe and Africa.

TRANSMILE GROUP BHD FOUNDER AND FORMER CEO JAILED AND FINED FOR FURNISHING MISLEADING STATEMENT

The Kuala Lumpur Sessions Court today found Transmile Group Bhd (TGB) founder and former Chief Executive Officer (CEO) Gan Boon Aun guilty of furnishing misleading statements to Bursa Malaysia. The statements concerned TGB’s financial statement in its Quarterly Unaudited Consolidated Results for the Financial Year Ended 31 December 2006, an offence under section 122B (a)(bb) of the Securities Industries Act 1983 (SIA) read together with section 122(1) of the same Act.Sessions Court Judge Tuan Hasbullah bin Adam announced the verdict this morning, and sentenced Gan to a fine of RM2.5million (in default of 18 months’ imprisonment) and one day imprisonment. The SC said it will be recommending to the Public Prosecutor to appeal against the sentence.