- Advertisement (970x250 Desktop) -

Latest

Thailand’s Oil Fuel Fund Revises Diesel And Gasohol Subsidies

The Oil Fuel Fund’s accumulated deficit has reportedly exceeded 100 billion baht amid global oil price volatility.

EVN Begins Construction Of Quang Trach II LNG Power Plant

Vietnam’s revised PDP VIII targets about 22,524 MW of LNG-fired capacity by 2030. Quang Trach II is part of that pipeline.

Krungsri JCB Ultimate Card Targets Thai Consumers With Japan-Focused Rewards

Annual fees and income requirements for the Krungsri JCB Ultimate have not yet been disclosed. The card opens for applications on November 1, 2026.

Philippine DOE Seeks Diversified Supply Through US Energy Partnership

Koloma’s native hydrogen exploration in the Philippines was discussed as part of indigenous energy development during the Washington meeting.

PLN Nusa Daya Starts 20 MW Sidera Diesel Plant In Sigi

About 85 local workers were employed at Sidera for land clearing, welding construction, and machine operation.

IOI Properties Confirms Exclusive Talks, Board Yet To Deliberate On Singapore Assets

IOI Properties shares closed 2.47% lower at RM3.16 after the company said its board has not deliberated on the reported Singapore acquisitions.

Maybank Indonesia Weighs Ringgit For Next Phase Of Fast Remittance

Maybank Indonesia’s digital banking head says Fast Remittance will roll out in phases, with more currencies to follow.

CapBay Group Crosses RM6 Billion In SME Financing Over Ten Years

CapBay’s first financing was RM6,000. Ten years later, its cumulative financing has passed RM6 billion.

Vietnam And Australia Sign Aus4Growth Energy Project Agreement

Vietnam’s Deputy Minister Truong Thanh Hoai said Aus4Growth brings international expertise to support competitive electricity market development.

Indonesia Energy Ministry Targets Electricity For All Villages by 2030

West Java targets 25,000 households under the 2026 New Connection Assistance program, up from 15,831 households in 2025.

Alipay+ And Tourism Malaysia Aim To Move Tourist Spending Beyond Major Hubs

Traveller spending through DuitNow via Alipay+ rose more than 60 percent in the first half of 2026. Ant International says Alipay+ is now the largest contributor to inbound QR transactions in Malaysia.

Google DeepMind And GovTech Bring Scam Detection Onto The Smartphone

On-device AI may change how financial fraud is fought. GovTech and Google DeepMind’s model flags manipulation in real time without cloud processing.

Clean Max Signs Deal To Acquire Thailand’s Massmunch

IFC has estimated that Thailand’s commercial and industrial solar market could triple over a 10-year period.

Police Join PLN Batam Inquiry Into Riau Islands Outage

All affected substations and transmission lines were restored from Monday night, according to PLN Batam’s restoration update.

Ledger Says All Confirmed Drain Cases Trace To CryptoBilis Devices

Hata CEO David Low has suggested bringing hardware wallet sellers under Malaysia’s digital asset custody framework following the CryptoBilis case.

Bank Of Thailand Taps Bank-Funded Guarantees To Share SME Lending Risk

Thai SMEs carry a non-performing loan ratio of 9.5%, compared with roughly 2% for large corporates. The Bank of Thailand is introducing shared risk mechanisms to encourage more lending.

Malaysia Budget 2027 Names TNB RM15 Billion Grid Investment

Tenaga Nasional Berhad reaffirmed support for Malaysia’s target of 70 percent renewable energy in installed generation capacity by 2050.

PLN Batam Points To Wild Animal At Sungai Harapan Substation

Government buildings in Batam ran on generators during the October 12 outage as PT PLN Batam restored supply in stages.

Standard Chartered Targets Year-End Launch For Singapore Crypto Custody

Standard Chartered’s new Singapore custody service is aimed at institutional clients, not retail investors, and remains subject to regulatory requirements.

Zetrix AI Books RM314 Million JPJ Arrears As A Balance Sheet Payable

JPJ’s suspension of MyEG and Zetrix AI as collection agents affects road tax renewals, licence renewals and summons payments. Motorists can use JPJ counters, the MyJPJ app and the JPJ Public Portal.

Siam Piwat Strengthens Luxury Retail Presence With Bangkok Watch Week 2026

Siam Piwat marks another milestone in luxury retail with the successful staging of Bangkok Watch Week 2026 at Siam Paragon.

Singapore History Gallery Reopens At National Museum Of Singapore On October 10

Visitors can explore more than seven centuries of Singapore history through artefacts, personal narratives, and immersive multimedia experiences.

Wise Links PayNow, DuitNow And QR Ph In A Single Travel Payment App

Wise customers can now scan merchant QR codes in Cambodia, Hong Kong, South Korea and mainland China through the company's Alipay+ partnership.

Airwallex Expands Malaysia Team After RM2 Billion In 2025 Remittance Volume

Airwallex's Malaysia licences build on its earlier Class B money services licence and merchant acquirer status, which widens what it can offer local businesses.

Webull Malaysia Brings Global Equities To TNG Digital’s GOfinance Hub

US stocks and ETFs traded through Webull Malaysia on GOfinance carry zero commission and no platform fee, according to Webull Malaysia.

Thailand’s Cabinet Approves 200 Billion Baht For Energy Transition

Thailand's Finance Ministry said cost-of-living relief extensions will not draw on the 200 billion baht earmarked for energy transition.

Indonesia Energy Ministry Names Two Coal-To-Fuel Hub Regions

Indonesia's methanol demand is expected to rise with the B50 biodiesel mandate, where methanol is a key feedstock, according to industry reporting.

Skyro Expands Beyond The Philippines With KPKT Moneylending Approval

Co-founder and co-CEO Nasim Aliev says Skyro will adapt its Philippine lending approach to Malaysian borrowers and regulatory requirements.

MAS Grants Alpaca Securities In-Principle Approval As Regional Expansion Advances

Alpaca supports more than 10 million brokerage accounts across partners in more than 50 countries. Singapore is now its regulatory anchor for Southeast Asia.

SP Group Lowers Singapore Power Tariffs As Gas Costs Ease

Singapore's Q4 electricity tariff cut follows a 17% increase in July to September linked to Middle East gas prices.

Thailand Oil Fuel Fund Deficit Nears 100 Billion Baht

Any new Oil Fuel Fund borrowing would come from domestic commercial banks and may require a Finance Ministry guarantee.

Indonesia Moves To Revise PLN Electricity Plan For Solar

Indonesia's revised power plan pairs solar expansion with 142 GWh of storage, signaling grid flexibility as a planning priority.

PIDM Introduces Resolvability Assessment Framework For Malaysian Member Banks

Keeping payment rails open during a bank resolution is the focus of PIDM's new agreement with Payments Network Malaysia.

Luno, Halogen Capital And Kenanga Investors Test Ringgit Stablecoin For Fund Settlement

Halogen Capital and Kenanga Investors would accept UMYR for subscriptions and redemptions while keeping full responsibility for fund management and unit registries.

Singapore Cruise Centre Completes Move To New Harbourfront Terminal After 24-Month Programme

Ferry operators at HarbourFront now share a single level, replacing the two-floor layout of the former terminal.

Kopi Kenangan Founder Deepens Ownership As Existing Backers Add To Stakes

Kopi Kenangan's founder is converting part of early employees' equity into liquidity through direct share purchases. This is a governance model to watch in regional startups.

Indonesia Moves To Produce Gasoline From Low-Calorie Coal

PLN requires 154 million tons of coal in 2026, a figure to watch as Indonesia weighs new coal-to-fuel demand.

Indonesia Holds ASEAN Power Grid Deal Over Pricing Terms

Bahlil Lahadalia said a 70-30 split of gains would not qualify as a fair arrangement for regional electricity trade.

Boost Signs Memorandum Of Understanding With Tencent Cloud On Infrastructure And AI

Boost Group CEO Sheyantha Abeykoon says the Tencent Cloud collaboration strengthens the company's technology foundation for consumers, merchants and enterprise customers.

Syfe Surpasses SGD20 Billion In Assets Under Management

Syfe's AUM milestone follows a year of product launches, including options trading, London Stock Exchange access and an Equity Alpha portfolio powered by J.P. Morgan.

Frasers Hospitality Enters The Luxury Serviced Living Segment With Fraser Suites Reserve

One Bangkok gains a new luxury serviced living address as Frasers Hospitality debuts its Fraser Suites Reserve brand.

PTTEP Commits To Bussabong Gas Development With First Gas Targeted For 2028

PTTEP remains operator of Block G3/65 with a 60% interest, while Valeura Energy holds 40%. The partnership now moves from exploration to development.

EVNNPC Output Climbs As Northern Vietnam Demand Accelerates

Nearly 1,000 duty shifts were mobilized around National Day to keep northern Vietnam's grid running through peak demand risk.

Tenaga Nasional Absorbs Cost Of Wider Bill Exemption

TNB's fuel adjustment mechanism has paid out RM3.1 billion in rebates against RM800 million in surcharges since mid-2025.

DANA Secures 01Fintech Backing To Widen Financial Services Reach

01Fintech's investment in DANA adds to a growing list of strategic bets in Southeast Asian fintech.

Agrobank Recovers Fraction Of RM203.8 Million Fraud Loss

Agrobank says no customer accounts were involved in the fraud that led to its RM203.8 million loss.

Yogyakarta Repositions Wellness Festival As Long-Term Tourism Infrastructure

Yogyakarta's approach treats wellness as inherited culture, not a standardised retreat product.

Anwar Ibrahim Expands Electricity Relief As Malaysia Weathers Cost Pressures

A special Finance Ministry meeting produced Malaysia's newest cost-of-living relief measure for electricity users.

Thailand Pauses 166 Projects To Rewrite Data Center Rules

Q1 2026 saw Thai digital sector investment applications reach THB873.7 billion, underscoring the scale of the buildout.

Labuan IBFC And TRX City Deepen Ties Between Malaysia’s Financial Hubs

TRX City already counts Labuan IBFC among its ecosystem partners. This new agreement deepens that relationship.