Thai Ministry of Finance rolling out more measures to help boost economy
The Ministry of Finance (MOF), Thailand is preparing to roll out measure for the general public as New Year gifts. Mr Krisada Chinavicharana, the Permanent...
ADB to help Indonesia PLN expand access to electricity for all Indonesians
The Asian Development Bank (ADB) has approved a $600 million loan to help the State Electricity Corporation (PLN), expand electricity access and promote renewable energy...
RBI proposes scheme for DBS to amalgamate with Lakshmi Vilas Bank
The Reserve Bank of India (RBI) has announced a draft scheme to amalgamate Lakshmi Vilas Bank with DBS Bank India Ltd (DBIL). The proposed scheme...
Hanoi – Ho Chi Minh among busiest flight route in the world
Hanoi-Ho Chi Minh City air route ranked second among the world’s top 10 busiest routes, according to simplyflying.com. The two cities are the country’s economic...
Indonesian Man Becomes Instant Millionaire After Selling Meteorite That Crashed On To His Roof
An Indonesian man became a millionaire overnight after a meteor crashed through his roof. Josua Hutagalung, 33, is a coffin maker from Sumatra. He became...
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...