June 29, 2026

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Singapore’s retail forex market becomes overcrowded on back of many new entrants

Mei Ling Tan November 10, 2016

The forex and contracts for difference (CFDs) market in Singapore is becoming increasingly overcrowded as a result of the inflow of new market participants in the recent past, citing a…

Airasia to serve Kuala Lumpur-Jakarta-Labuan Bajo route

Mei Ling Tan November 10, 2016

The Malaysia-based low cost carrier AirAsia will soon serve the Kuala Lumpur-Jakarta-Labuan Bajo route, according to East Nusa Tenggara Tourism and Creative Economy Office Chief Marius Ardu Jelamu. “There has…

Asia Pacific airlines see further cargo uptick in September

Mei Ling Tan November 10, 2016

Preliminary traffic figures for the month of September released by the Association of Asia Pacific Airlines (AAPA) showed further uptick in air cargo markets and steady growth in international air…

Japan auto parts firm Usui settles U.S. price-fixing allegations

Mei Ling Tan November 10, 2016

Japanese auto parts maker Usui Kokusai Sangyo Kaisha Ltd will plead guilty and pay a $7.2 million fine for fixing the prices of steel tubes sold to car makers, the…

VICE Media Announces Launch of VICE Indonesia

Mei Ling Tan November 10, 2016

VICE Media, the world’s leading youth media brand, today announced a major market expansion into Indonesia, the world’s fourth largest nation. VICE will launch a full-scale operation in Indonesia, producing…

Trump to seek Indonesia`s agreement on trade commitments

Mei Ling Tan November 10, 2016

The US President Elect Donald Trump will want Indonesia to agree to ratify international trade commitments including APEC and the Indonesia-US Strategic Partnership. “Donald Trump will be interested in making…

Tesla buys Grohmann Engineering to help ramp up electric car production

Mei Ling Tan November 10, 2016

Electric carmaker Tesla Motors Inc has agreed to buy Germany’s Grohmann Engineering GmbH, which develops automated manufacturing systems for batteries and fuel cells, as the California-based company seeks to expand…

Microsoft opens IoT innovation center in Taiwan

Mei Ling Tan November 10, 2016

Microsoft has opened its first IoT Innovation Center for the APAC region in Taiwan. The center aims to offer cross-discipline technology transfer, strategic alliances, business model transformation and innovation opportunities.…

HKTDC Optical Fair Opens with Record Exhibitors

Mei Ling Tan November 10, 2016

The HKTDC Hong Kong Optical Fair 2016 started its three-day run (9-11 November) today at the Hong Kong Convention and Exhibition Centre. A record of more than 780 exhibitors from…

Minister hopes festival will promote Indonesian pearl to the world

Mei Ling Tan November 10, 2016

Maritime Affairs and Fisheries Minister Susi Pudjiastuti hopes that the Indonesian Pearl Festival (IPF) 2016 will introduce Indonesias original pearls to the world. “I hope the Indonesian South Sea Pearl…

Indonesia explores opportunities in brownfield investments

Mei Ling Tan November 10, 2016

Indonesia is planning to open up state-owned run infrastructure, such as toll roads, to private investors in an effort to generate fresh funding for new projects. President Joko “Jokowi” Widodo…

BI Revises Regulation on E-Money

Mei Ling Tan November 10, 2016

Bank Indonesia (BI) will make another revision to regulation on electronic money and introduce electronic wallet in the Bank Indonesia Regulation. The new regulation on the payment transaction processing is…

CAT to cut network leasing rates by 10%

Mei Ling Tan November 10, 2016

Thai state-owned operator CAT Telecom will cut its wholesale 850-MHz network leasing prices by 10% to help the companies using the network under an MVNO model improve profit margins. CAT…

SmarTone signs pre-5G partnership with Ericsson

Mei Ling Tan November 10, 2016

Hong Kong’s SmarTone has contracted Ericsson as its sole supplier for core and RAN equipment over the next five years, as part of a partnership aimed at paving the way…

Pertamina`s profit up 209 pct in third quarter

Mei Ling Tan November 10, 2016

PT Pertamina made a net profit of US$2.83 billion in the third quarter of this year, 209 percent more than the US$914 million it made in the third quarter in…

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