Diesel fuel prices across much of Malaysia are poised to surge by approximately 50 per cent on Monday, marking a significant shift by the government away from broad subsidies towards a more targeted approach primarily aiding the underprivileged, (...)
Sri Lanka has granted Elon Musk's Starlink, the satellite internet arm of SpaceX, preliminary approval to operate in the country, Reuters reported citing the president's office announcement on Thursday.
This approval comes after a fast-tracked (...)
Indonesia's central bank, Bank Indonesia (BI), plans to intervene in the foreign exchange market to support the rupiah, Reuters reported on Wednesday citing Governor Perry Warjiyo.
He is optimistic about the rupiah's future and expects it to (...)
Singapore plans to increase its data centre capacity by over one-third, focusing on sustainable growth through greener facilities, the Nikkei Asia reported on Thursday.
The new roadmap aims to increase data centre capacity by 35 per cent, adding 500 (...)
JPMorgan Asset Management is increasing its investment in Indian government bonds, considering them the top choice in Asia, Bloomberg reported on Monday. This decision precedes India's addition to a major emerging market debt index.
JPMorgan sees (...)
Indonesia's central bank, Bank Indonesia (BI), maintained its key interest rate at 6.25 per cent on Wednesday, as expected by analysts, Bloomberg reported.
Governor Perry Warjiyo emphasised a data-driven approach to future policy decisions, despite (...)
Bassil Rahmi, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), emphasised the agency's commitment to supporting owners of MSMEs and assisting them in developing and upgrading their products for export. This strategic focus (...)
Elon Musk is open to the idea of building a battery plant in Indonesia to support the country's electric vehicle goals, Reuters reported on Monday. This follows a meeting with President Joko Widodo in Bali.
Indonesia's coordinating minister of (...)
Billionaire Elon Musk recently launched SpaceX's satellite internet service, Starlink, in collaboration with Indonesian Health Minister Budi Gunadi Sadikin, targeting the country's health sector, Reuters reported on Sunday.
"I'm very excited to (...)
Indonesia foresees a 29 per cent surge in oil and gas investments for 2024, driven by intensified drilling and exploration post-exits of Shell and Chevron, Reuters reported.
According to the report, 40 per cent of this year's $17 billion investments (...)
Malaysia has surpassed Thailand to become the second-largest auto market in Southeast Asia, after Indonesia, according to the NIKKEI Asia on Wednesday.
This significant development comes as Southeast Asia becomes a fiercely competitive battleground (...)
The US and European nations are at odds over the handling of Russia's frozen assets, estimated at around $300 billion, according to the New York Times, cited by TASS on Wednesday.
While the US and Britain advocate for confiscation, countries such as (...)
Indonesia's trade surplus in April came in slightly higher than forecasts at $3.56 billion, but concerns linger as exports continue to weaken, Reuters reported on Wednesday, citing statistics bureau data.
While the surplus exceeded expectations and (...)
أفادت إدارة الكوارث في إندونيسيا بارتفاع حصيلة ضحايا الفيضانات، وتدفق الحمم البركانية في جزيرة سومطرة غرب البلاد، إلى 50 قتيلا و27 مفقودا، بحسب ما ذكرته قناة «العربية».
أفاد المسؤول في وكالة إدارة الكوارث بإندونيسيا، إلهام وهاب، بتسجيل 50 حالة وفاة (...)
Indonesia has commenced its first oil and gas auction this year, unveiling five blocks on Tuesday in a bid to revitalise exploration efforts and counteract dwindling output in a nation that once stood as a net oil exporter, Reuters reported.
At the (...)
أعلنت إدارة الكوارث بإندونيسيا أن حصيلة ضحايا الفيضانات وتدفق الحمم البركانية في جزيرة سومطرة غرب البلاد ارتفعت إلى 41 قتيلا، و17 مفقودا.
#WATCH
Floods in Indonesia pic.twitter.com/Y5S58SdsNO
— The World Monitor (@tworldmonitor) May 12, 2024 (...)
The Abu Dhabi-based Mubadala Energy, overseeing the South Andaman Gross Split PSC, announced a significant gas find from the Tangkulo-1 Exploration well in South Andaman, offshore North Sumatra, Indonesia, according to Emirates News Agency (...)
Hurghada, a Red Sea resort town in Egypt, has been ranked the third top global nature destination in TripAdvisor's recently released list. The ranking highlights travellers' favourite places to "disconnect in nature," whether hiking through national (...)
Amazon.com is ramping up its presence in Southeast Asia, announcing a $12 billion ($8.88 billion) investment over four years to expand its cloud computing infrastructure in Singapore, Reuters reported on Tuesday.
This latest move, unveiled at the (...)
Cloudflare, Inc., the security, performance, and reliability company, has released its Q1 2024 DDoS threat report, revealing a 50% surge in distributed denial-of-service (DDoS) attacks.
The first quarter of 2024 saw Cloudflare's defense systems (...)
The Organisation for Economic Co-operation and Development (OECD) has maintained its growth projections for Indonesia's economy in its economic outlook released on Thursday.
The Paris-based organisation expects Indonesia to grow by 5.1 per cent in (...)
Tech giant Microsoft announced plans to open its first regional data centre in Thailand, aiming to improve the availability of cloud services in the country significantly, as reported by Reuters on Wednesday.
This news follows on the heels of CEO (...)
Waleed Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), welcomed a delegation from the Indonesian Ministry of Trade and Industry at the SCZONE headquarters in the New Administrative Capital. The delegation, led by Jerry Sambuaga, (...)
In a surprise move, Bank Indonesia (BI) raised interest rates on Wednesday in a bid to stabilise the rupiah currency, Reuters reported.
The rupiah has weakened to a four-year low due to rising global risk aversion and a delay in anticipated US (...)
أُغلق مطار مانادو، وهو الأقرب إلى بركان ثار بشكل متكرر في الأيام الأخيرة في شمال إندونيسيا، بسبب تطاير رماد بركاني، وفق ما أعلنت وزارة النقل الإندونيسية، الخميس.
وبحسب موقع سكاى نيوز، ثار بركان روانغ نافثا سحابة من الرماد بلغ ارتفاعها أكثر من (...)