Private screening of Taj Mahal: An Eternal Love Story to be held in Indonesia
An international publicity campaign for Akbar Khan’s ‘Taj Mahal: An Eternal Love Story’ has been crafted for its first overseas release, introduced one country at...
Southeast Asia
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S Iswaran submitted his resignation letter to the Prime Minister, resigning from MP and PAP member
According to Prime Minister Lee Hsien Loong, this event happened after the CPIB (Corrupt Practices Investigation Bureau) provided Transport Minister S Iswaran with the formal notice of criminal charges filed against him.
China and Philippines agree to enhance maritime communication amid South China Sea dispute
Both nations acknowledged that the South China Sea dispute is just one aspect of their bilateral relations, emphasizing the importance of maintaining communication to ensure maritime peace and stability.
Vietnam tightens bank ownership grip, sparking debate on growth and stability
The new law reduces the maximum shareholding an individual investor can hold in a Vietnamese bank from 5% to 2%, while institutional investors, such as pension or investment funds, will be capped at 10%, down from the current 15%.
Indonesia central bank maintains steady policy rates to stabilize Rupiah
When questioned about the easing of Bank Indonesia, the governor exclaimed that it would depend on the inflation rate, economic growth, and how quickly the rupiah can strengthen. Governor Perry Warjiyo also said, “We will remain patient to monitor domestic and global conditions.”
Malaysia’s Independent Police Conduct Commission faces scrutiny in the midst of high-profile police scandals
Advocacy groups and cabinet members have expressed concerns over the limited accountability measures in place, raising questions about the independence and efficacy of the IPCC.
Thailand’s $14.3 billion handout scheme hits the brakes, delaying boost to sluggish economy
The controversial "digital wallet" program, touted as a lifeline for millions of Thais, has been plagued by concerns over funding and practicality, forcing the government to pump the brakes on its rollout.
Indonesia faces backlash as it downsizes renewable energy goals amid global climate concerns
The revised goal, proposed by the National Energy Council (DEN), aims to achieve a renewable energy share between 17 and 19 percent by the year 2025, down from the earlier target of 23 percent for the same period.
INSA: no impact on Indonesia’s shipping amid Red Sea Crisis and Panama Canal Drought
According to INSA, none of the vessels of Indonesia navigate these routes, and thus the surge in international shipping costs is not a concern for Indonesia’s maritime industry.
Singapore invites international feedback on new framework for generative artificial intelligence
The new Model AI Governance Framework for Generative Artificial Intelligence (AI) is built on the existing 2019 framework. This existing 2019 framework covers only traditional artificial intelligence and appears at a time when generative AI is still expanding and developing.
Asian stocks slide: China’s economic challenges and rate cut jitters trigger market turbulence
Asian markets face turbulence as China's economic challenges and speculation over potential rate cuts contribute to a slide in stocks, leaving investors on edge amid a volatile landscape.
Changing climatic conditions can create tourism concerns for Singapore
The recent findings from the National Climate Change Study have raised concerns about the possible consequences of a warmer and wetter climate on Singapore’s appeal to tourists.
Malaysia’s anti-graft probe expands into Singapore’s CLOB and court battle ensues
As the MACC intensifies its efforts, the probe delves into the activities of Daim's key nominees and associates, representatives in companies believed to be connected to the former politician.
Indonesia bets on 10 new oil and gas blocks to boost sluggish output
Ariadji acknowledged the setback but hinted at potential future opportunities for Natuna D-Alpha, stating, "There were no bids for Natuna D-Alpha, but we are still evaluating other options, such as joint studies or re-tendering it later this year."
Double boost for Malaysian unit trusts: Capital gains tax and foreign income exemptions
The exemption on foreign-sourced income is effective immediately and will last until December 31, 2026.
Former Prime Minister of Malaysia labels critic as “racist” in his recent swipe at the ethnic minority groups
Last week the former Prime Minister of Malaysia received a vicious backlash from the ethnic minority group. This happened because, in an interview on Indian broadcaster Thanthi TV, he said that Malaysian citizens of Chinese and Indian descent were “not completely” loyal to the country as they were resolute on “identifying themselves with their countries origin.”
7 groups submit proposals for Kuala Lumpur-Singapore High-Speed Rail Project revival
Seven groups, comprising 31 firms from Malaysia and international entities, have submitted concept proposals for the Kuala Lumpur-Singapore High-Speed Rail project after numerous challenges and delays.