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South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year[SINGAPORE] The digital economies of South-east Asia are projected to hit a revenue of US$100...
Garuda’s fleet growth at risk as Danantara trims funding
[JAKARTA] Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet. Garuda will...
Thailand’s central bank chief breaks tradition with a simple ‘hello’
“JUST popping in to say hello.”Late one Tuesday night, Bank of Thailand Governor Vitai Ratanakorn surprised more than a hundred journalists in the bank’s media group chat with a...
Private funding in South-east Asia’s digital economy lags global level: report
[SINGAPORE] Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global...
Asia: Stocks rise as record US shutdown nears end
MOST Asian markets rose for the second day in a row on Tuesday as US lawmakers edged towards ending a record government shutdown.The prospect of an end to the...
Yoma Strategic’s H1 net loss narrows to US$8.7 million
[SINGAPORE] Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5 million in the same period...
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
[SINGAPORE] Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary of Amazon.The warrants will be issued to Amazon...
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the...
Cyberattack leaves Asahi struggling as rival brewers gain ground
AS JAPAN gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap - with its systems still crippled more than a month...
Trump threatens air traffic controllers over shutdown absences
US PRSIDENT Donald Trump threatened on Monday to dock pay of air traffic controllers he accused of shirking their “patriotic” duty, while their union decried being used as “political...
