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Posted on June 26, 2025

Grab-GoTo merger sparks monopoly fears, nationalist pushback in Indonesia

By bno – Surabaya Office The potential merger between Southeast Asia’s two ride-hailing giants, Grab and Indonesia’s GoTo Gojek Tokopedia Tbk, has triggered a wave of controversy, pushback from labour …
Posted on June 26, 2025

Indonesia working on new e-commerce tax rule in bid to target ‘shadow economy’

Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”, its tax office said on Thursday, …
Posted on June 26, 2025

Former Indonesia president Yudhoyono urges Asean to strengthen investment strategy amid global shifts

JAKARTA] South-east Asia must strengthen its efforts to attract long-term investment by enhancing trust, improving human capital and building a more compelling regional narrative, former Indonesian …
Posted on June 26, 2025

Lawmakers grapple with questions of safety vs speed in AI race with China

Bipartisan lawmakers stressed U.S. dominance in AI development over China, as witnesses highlighted the need for smart guardrails to balance safety with technological advancement.
Posted on June 26, 2025

China building strong foundation for next wave of AI, robotics: Unitree CEO

Davos’ panel, the head of the robotics start-up and others credit Beijing’s talent pool, infrastructure for rapid tech advances.
Posted on June 25, 2025

Malaysia records FDI inflow of RM52bil in 2024

Malaysia recorded a net inflow of foreign direct investment (FDI) totalling RM51.5bil in 2024, up from RM38.6bil in the preceding year, according to the Statistics Department.
Posted on June 25, 2025

Malaysia’s smallholders at the forefront of palm oil sustainability push

Malaysia’s palm oil industry empowers smallholders to meet EU regulations, improve sustainability, and secure global market access.
Posted on June 25, 2025

Malaysia has buffers to weather capital outflows

Malaysia has adequate buffers to weather volatility, including capital outflows, triggered by global interest rate hikes, says International Centre for Education for Islamic Finance University …
Posted on June 25, 2025

Uzbekistan’s Largest Digital Banking Platform Names Board Chairman

Uzbekistan’s largest digital banking platform named Oliver Hughes, who previously ran Russia’s biggest fintech business, to be chairman of the supervisory board, as the firm aims to ramp up its …
Posted on June 25, 2025

Uzbekistan’s Largest Digital Banking Platform Names Board Chairman

Uzbekistan’s largest digital banking platform named Oliver Hughes, who previously ran Russia’s biggest fintech business, to be chairman of the supervisory board, as the firm aims to ramp up its …

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