25 million MSMEs join Indonesian digital ecosystem

25 million MSMEs join Indonesian digital ecosystem

About 25.2 million micro, small, and medium enterprises (MSMEs) had entered the digital ecosystem in Indonesia as of 2023, according to Indonesian Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan.
Singapore enjoys benefits from cross-border payment links

Singapore enjoys benefits from cross-border payment links

As the number of visitors to Singapore continues rising post-pandemic, the Monetary Authority of Singapore (MAS) is expecting more and higher-value cross-border payment transactions.
Indonesia probes Shopee, Lazada units for alleged competition rule breaches

Indonesia probes Shopee, Lazada units for alleged competition rule breaches

Indonesia's anti-trust agency said on May 27 that it is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules.
Thailand steps up foreign investment attraction

Thailand steps up foreign investment attraction

Thailand’s National Economic and Social Development Council (NESDC) has urged the government to facilitate the country’s transition to high-tech industries to attract investors as the second largest economy in the Southeast Asia is lagging behind others in the region in terms of growth rate and foreign direct investment (FDI) attraction.
Indonesia calls for multilateral cooperation to fight terrorism

Indonesia calls for multilateral cooperation to fight terrorism

An official of Indonesia's National Counterterrorism Agency (BNPT) has stated that international cooperation in fighting terrorism is a prerequisite for realising global peace, security, stability, and prosperity.
10 million Indonesian Gen Zs unemployed

10 million Indonesian Gen Zs unemployed

The increasing unemployment rate of Generation Z (people born between 1997 and 2012) in Indonesia is causing economic pressure and wasting human resources.
Philippines short of 190,000 health workers

Philippines short of 190,000 health workers

The Philippines is short of about 190,000 health workers while many decide to work overseas, Philippine Health Secretary Teodoro Herbosa said on May 22.
Singapore private homes most expensive in Asia-Pacific

Singapore private homes most expensive in Asia-Pacific

Private residential homes in Singapore continue to be the most expensive in the Asia-Pacific for the second year in a row, according to a report by the Urban Land Institute (ULI) released on May 21.
Malaysia strengthens measures to cope with COVID-19 wave

Malaysia strengthens measures to cope with COVID-19 wave

Malaysia’s Health Ministry (MOH) has reported 1,230 COVID-19 cases between May 12 and 18, an increase of 14.8 per cent from the 1,071 cases reported in the week earlier. However, no new deaths from the disease have been reported since April 25.
Japan to fund coal plant shutdowns in Southeast Asia

Japan to fund coal plant shutdowns in Southeast Asia

Japan’s Mizuho Financial Group will provide financing to help close coal power plants ahead of schedule in Southeast Asia.
ASEAN, Japan develop joint automobile production strategy

ASEAN, Japan develop joint automobile production strategy

The Association of Southeast Asian Nations (ASEAN) and Japan plan to create their first joint strategy on automobile production and sales within Southeast Asia in the context of China’s increasing presence in the regional electric vehicle market.
Singapore faces new COVID-19 wave

Singapore faces new COVID-19 wave

Singapore is facing a new COVID-19 wave with a surge in infection cases in the last two weeks, according to Health Minister Ong Ye Kung.
Two officers killed, one injured in attack at Malaysian police station

Two officers killed, one injured in attack at Malaysian police station

Two police officers were killed and another was injured in an attack by an armed individual at a police station in Malaysia's Johor state on early May 17 morning, Malaysian authorities announced.
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