SINGAPORE, Nov 18 (Reuters) – Chinese refiner Yanchang Petroleum has bought 3 million barrels of crude from the United Arab Emirates and Kazakhstan for January arrival, several trade sources said, …
Joby to Sell up to $250 Million of Aircraft and Services in Kazakhstan
Agreement with Alatau Advance Air Group covers sale of aircraft and services to establish Kazakhstan’s first air taxi service Republic of Kazakhstan’s Ministry of AI and Digital Development commits to …
Malaysia Economic Monitor February 2023: Expanding Malaysia’s Digital Frontier
Malaysia’s economic growth is projected to expand by 4.0 percent in 2023 amid an expected slowdown in external demand. This follows a stronger-than-expected recovery of 7.8 percent last year. Malaysia …
Joby Aviation: Patience Required
Joby Aviation surged on news of a partnership with Nvidia to develop autonomous flight technology using Nvidia’s IGX Thor platform. Despite the rally, JOBY is still far from certifying piloted …
Indonesia should forget 8% growth and face reality
[JAKARTA] Indonesia has a problem with towering economic goals – it can’t seem to shake ambitions that border on the implausible. Consider targeting 8 per cent growth, something last achieved in 1995.
Apindo Talks of Business Impact of Indonesia’s OECD Bid
The Indonesian Employers’ Association (Apindo) asserts that the process of joining OECD will require policy and governance changes across Indonesia.
Sri Lanka’s Economy Shows Signs of Stabilization, but Poverty to Remain Elevated
COLOMBO, April 2, 2024—Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still …
Will TikTok’s GoTo gambit save its Indonesian business?
The more the world’s youngsters love TikTok’s viral videos, the more their elected elders hate the app. They decry it for supposedly corroding young minds and, worse, for its links to China, home to …
Women Empowering Women: PH, Thai Business Leaders unite for LM Makeup and Skincare
Two self-made businesswomen from the Philippines and Thailand have joined forces to launch LM Makeup and Skincare, a premium yet accessible beauty brand set to hit the Southeast Asian market in 2025.
‘Fighting the sea every day’: Indonesia’s US$80 billion bid to save sinking Java coast
[SEMARANG, Central Java] On a quiet afternoon in Sayung, an industrial district in Demak Regency, Central Java, the steady hum of factory machines has long been replaced by the rhythmic splash of …