Pertamina disburses first round of oil-leak compensation worth $1.32m State-owned energy company Pertamina, through its upstream subsidiary Pertamina Hulu Energi (PHE), disbursed on Wednesday Rp 18.54 billion (US$1.32 million) in the first round of compensation to fishermen and villagers affected by an oil leak from one of PHE’s wells. — The Jakarta Post Former president […]
Singapore, Chongqing deepen cooperation with China’s first dedicated international data link The China-Singapore (Chongqing) International Data Channel, China’s first point-to-point data link with another country, is a tie-up between Singtel, StarHub and China’s big three telcos. — Straits Times (annoying popups) Almost half of Singaporeans suffered at least 1 cybersecurity lapse in past year: CSA […]
The annual world’s best university rankings from Times Higher Education (THE) has been freshly unveiled with some surprises at the top of the best Asean universities sublist for 2020 due to the increasing ascension by Chinese universities in the global rankings. Although Tsinghua University dropped one place to 23 this year, the rise of Peking […]
Foreign investments flow to neighbors instead of Indonesia: World Bank Indonesia is struggling to attract foreign investments, which are instead going to neighboring countries such as Vietnam and Cambodia as they embark on deregulation and policy solutions, according to the World Bank. — The Jakarta Post Indonesia’s New Tax Incentives: What it Means for Investors […]
Singapore’s air quality may enter ‘unhealthy’ range amid increase in Indonesia hotspots: NEA The Pollutant Standards Index (PSI) in Singapore may enter the unhealthy range if the haze situation in Indonesia’s Sumatra persists or worsens, said the National Environment Agency (NEA) on Tuesday (Sep 10). — Channel News Asia (very annoying popups) Amravati: Singapore urges […]
Indonesia’s economy at risk as global recession looms: World Bank Indonesia’s economy, which has been growing steadily at around 5.3 percent per year on average since the start of the millennium, could be dragged down as it faces downside risks associated with the increasingly clouded outlook for the global environment, the World Bank has said. […]
Biodegradable plastic alternatives not necessarily better for Singapore, say experts You might think that switching from single-use plastics to biodegradable plastic alternatives is good for the environment but in Singapore, there are “no effective differences”, experts said. — Channel NewsAsia (very annoying popups) Singapore, Philippines ink agreements on education, infrastructure and personal data protection President […]
Indonesia to launch cultural capital index to boost development In a bid to boost cultural and artistic development in the country, the government is set to launch the cultural capital index next month to help formulate better cultural programs, in addition to the hefty cultural endowment funding initiated by President Joko “Jokowi” Widodo. — The […]
Singapore payment firms to tap specialised legal expertise on compliance under new plan THE Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL) have rolled out a payments regulatory evaluation programme to help connect the payments industry with legal service providers. — The Business Times Firms must ensure minimal impact on commuters […]
Government to raise tobacco excise tax by at least 10% in 2020 Indonesia’s notoriously low cigarette prices may soon be on the rise as the government is set to significantly increase the tobacco excise tax next year. — Coconuts Indonesia’s corporate tax cut to cost up to $6 billion: tax chief A planned Indonesian corporate […]
Singapore, China tie-up to ease sea port clearance with the use of e-certificates The maritime authorities of Singapore and China will cooperate to issue, use and accept electronic certificates for port clearance and Port State Control (PSC) inspections, they announced on Thursday. — Straits Times (annoying popups) $69m investment fund targeting supply chain and logistics […]
Indonesia’s average annual loss from disasters exceeds $20 billion The latest disaster report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), which identifies types of disasters and the economic losses they cause, should drive the Indonesian government to do more about disaster mitigation. — The Jakarta Post Indonesia sends […]