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News

Jakarta Governor Confirms Three Waste-To-Energy Plants Under Development As Waste Emergency Escalates

Asian Morning Standard -
PLN will buy all electricity from Danantara's waste-to-energy portfolio at a fixed USD 0.20 per kilowatt-hour under 30-year offtake agreements.

Malaysia Ranks Second Globally For Digital FDI As AirTrunk Adds 280MW In Johor

Asian Morning Standard -
Malaysia ranks second globally for digital FDI among developing economies. But a certified office supply gap, with only 13% of Malaysia Digital companies in MD-certified premises, could slow the full operational buildout.

Samsung’s USD4 Billion Chip Plant Drives Vietnam’s Strongest FDI Quarter In Years

Asian Morning Standard -
Thai Nguyen captured USD5.72 billion, or 37.6% of Vietnam's total Q1 FDI. Samsung alone accounts for the majority of that figure.

Petrochemical Feedstock Crisis Forces Indonesia To Pivot From Naphtha To LPG As Primary Industry Input

Asian Morning Standard -
Airlangga confirmed the six-month duty waiver on April 28. Plants with dual-feed capacity are being encouraged to substitute LPG for disrupted naphtha.

Indonesia’s LPG Import Bill Drives Pivot To Domestic CNG As Crisis Tests Fuel Subsidy Architecture

Asian Morning Standard -
Indonesia is developing a 3-kilogram CNG cylinder priced 30–40 percent cheaper than LPG. The target market is the same lower-income household that relies on the subsidized LPG cylinder today.

Japan, China, South Korea, ASEAN Affirm Cooperation Over Middle East

Asian Morning Standard -
The group aims to build resilience against external shocks affecting the economy.

MAS Pools Bank Data To Build AI Scam Detection Models Across Singapore

Asian Morning Standard -
Singapore's scam losses run into the hundreds of millions annually. MAS is testing whether AI trained on pooled bank data can shift detection from reactive to pre-emptive.

Western Union Launches USDPT Stablecoin With Philippines As First Market

Asian Morning Standard -
Stable by Western Union, a consumer dollar stablecoin product, launches in June across the Philippines, Mexico, Argentina, and Colombia. Remittance rails are shifting.

Singapore MOM Survey Finds 70 Percent Of Firms Have Not Adopted AI

Asian Morning Standard -
Singapore's NTUC opened AI tool subsidies of up to 50% for union members from May 1, alongside more than 20 eligible tools under the AI-Ready SG initiative.

FedEx And Viettel Post Launch National Logistics Partnership In Vietnam

Asian Morning Standard -
One year after launching a direct-serve model in Vietnam, FedEx is integrating Viettel Post's 2,000-office domestic network into its global freight operations.
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