Singapore strengthens management of companies critical to national security

Singapore strengthens management of companies critical to national security

Singapore has issued a list of nine companies deemed critical to national security interests, therefore they will need to seek government approval for changes in their ownership or leadership, among other things.
Indonesia: 5.11 billion USD expected to spend on electricity subsidy in 2025

Indonesia: 5.11 billion USD expected to spend on electricity subsidy in 2025

Indonesia’s state-owned electricity company (PLN) expects the government will spend 83 trillion IDR (5.11 billion USD) in 2025, an increase of nearly 10 per cent compared to this year, to keep electricity prices stable for consumers.
Thailand looks to diversify energy sources

Thailand looks to diversify energy sources

Thailand is exploring small modular nuclear reactor technology, as the Southeast Asian country looks to diversify its energy mix amidst dwindling reserves of natural gas that produces much of its power.
Malaysian automobile industry sees new milestone

Malaysian automobile industry sees new milestone

The Malaysia Autoshow 2024 has concluded with original equipment manufacturer (OEM) reporting a total of 1.4 billion RM (about 294.4 million USD) potential sales, 2,620 bookings of vehicles, and 13,799 sales leads - marking a significant milestone for the automotive industry.
Malaysia, China strengthen cooperation in AI

Malaysia, China strengthen cooperation in AI

Malaysian Transport Minister Anthony Loke on May 31 said that his country wants to strengthen cooperation with China in artificial intelligence (AI) with focus placed on education and training.
Thailand intensifies AI policy to transform economy

Thailand intensifies AI policy to transform economy

Thailand’s Ministry of Higher Education, Science, Research and Innovation (MHESI) is introducing its "MHESI for AI" policy, aiming to empower Thais to use artificial intelligence for national development.
Greater Mekong sub-region countries crack down on drug trafficking

Greater Mekong sub-region countries crack down on drug trafficking

Officials from the Greater Mekong sub-region countries have agreed to crack down on drug trafficking as synthetic drug markets in the region continue to grow.
Meth seizures hit record in East Asia, Southeast Asia in 2023

Meth seizures hit record in East Asia, Southeast Asia in 2023

The United Nations Office on Drugs and Crime (UNODC) on May 28 published a report showing that 190 tonnes of methamphetamine was seized in East and Southeast Asia in 2023, a record level.
Singapore includes updated Novavax COVID-19 vaccine in national vaccination programme

Singapore includes updated Novavax COVID-19 vaccine in national vaccination programme

The updated Novavax COVID-19 vaccine is now available under Singapore's national vaccination programme, the Singaporean Ministry of Health (MOH) said on May 28.
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.
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