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Posted on August 21, 2025

Lawsuit alleges former CapitaLand staff took bribes in India; CapitaLand responds

Court filings said some CapitaLand staffers in India received “corrupt payments” in relation to a project in Pune. The staffers allegedly involved also no longer work at CapitaLand. ( read original story ...)

Posted on August 21, 2025

59% of Indian business leaders now use AI agents to automate tasks: Microsoft report

According to Microsoft’s Work Trend Index 2025, Indian businesses are set to outpace global players in AI agent deployment.

Posted on August 21, 2025

Indonesia High-speed Rail Project a Financial ‘Time Bomb,’ Official Says

While passenger numbers are up so far in 2025, the $7.3 billion ‘Whoosh’ project remains far short of profitability.

Posted on August 21, 2025

Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players

Mambu, an Amsterdam based, SaaS firm is banking on the region's younger people gravitating towards financial solutions that adhere to Islamic principles.

Posted on August 21, 2025

India tests nuclear capable missile a week ahead of Modi’s visit to China

India has successfully test-fired an indigenously developed intermediate-range ballistic missile capable of carrying a nuclear warhead deep into the territory of its geopolitical rival, China, just as ...

Posted on August 21, 2025

In another AI push, China holds the world’s first sports event for humanoid robots

About 500 robot athletes from 16 countries competed in Beijing as the United States and China race each other to shape the future of AI.

Posted on August 21, 2025

Standard Chartered faces FBI probe over claims it helped firms linked to Iran circumvent sanctions

Britain's fifth largest bank, which sponsors Liverpool Football Club, has been hit by more allegations that it helped companies linked to Iran.

Posted on August 21, 2025

Japanese financial services firm buys 30% stake in RCBC unit

Japan's Sumitomo Mitsui Finance and Leasing Company, Ltd. (SMFL) entered into an agreement to purchase 30 percent equity in RCBC Leasing and Finance Corp. (RLFC) of the Yuchengco-led Rizal Commercial ...

Posted on August 21, 2025

Household financial stability key to poverty reduction

LATE last week, the government released an update to the Philippine Development Plan, which takes into account lower overall economic growth projections between now and 2028. Nevertheless, economic ...

Posted on August 21, 2025

China faces pivotal welfare reform test as court ruling hits jobs, small firms

China's top court ruling that makes it illegal for businesses and employees to avoid social insurance payments is stoking fears about jobs and the survival of small firms, forcing Beijing to confront ...

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