Indonesia’s former speaker gets 15 years in jail for corruption Indonesia’s former parliament speaker was handed a 15-year prison term on Tuesday in one of the country’s harshest sentences for graft, marking a victory for […]
Philippines set for new halal accreditation scheme as officials eye bigger slice of $630bn market A new halal accreditation scheme for the Philippines will be launched by Department of Trade and Industry (DTI) next month […]
Teaming up with Ciptadana Asset, PTPP Offers Private Equity Fund of IDR250 Bln PT PP (Persero) Tbk (IDX:PTPP) will offer Perpetual Securities (SBP) financial product through a Private Equity Fund (RDPT) of IDR250 billion. — […]
Philippines is 3rd top remittance receiving country in the world The Philippines is the third largest remittance receiving nation in the world in 2017, according to a World Bank report Monday. — Philippine Star DTI […]
Corporate funds will shake up Indonesian VC model Traditional venture capital funds are slowing in Indonesia’s technology sector, despite a digital boom. — Nikkei Asian Review (metered paywall) Signing 7 Contracts, Pertamina Prepares Investment of […]
PH joins global call: Ban plastic pollution The Philippines focused on the cleanup of Boracay on Sunday as it joined other countries in highlighting the global problem of plastic pollution on Earth Day. — Philippine […]
PowerChina to build hydropower plants for $17.8 billion Power Construction Corporation of China (PowerChina) has signed a memorandum of understanding (MoU) with PT Indonesia Kayan Hydropower Energy to jointly build hydropower plants with a total […]
Philippines’ GSIS defers U$$384 million land auction The Philippines’ state-run Government Services Insurance System (GSIS) has deferred plans to auction off its Port Area property, prime real estate in the Manila Bay area. — Asia […]
Indonesia seeks to limit cash transactions to fight bribery Indonesia’s government has proposed a law to parliament to limit cash transactions to curb bribery and money laundering in Southeast Asia’s biggest economy, the head of […]
Duterte spooks foreign investors with tax ‘sword of Damocles’ Philippine President Rodrigo Duterte’s administration received an impassioned plea from within its ranks on the night of April 11. — Nikkei Asian Review (metered paywall) Philippine […]
Indonesia expected to drop 264t rupiah worth of infrastructure projects Indonesia’s chief economic minister said on Monday that 14 infrastructure projects, worth 264 trillion rupiah (S$25.1 billion), are expected to be dropped from the government’s […]
Philippines: PLDT to sell part of its Rocket Internet stake for $202m PLDT Online Investments, an indirect subsidiary of listed telco giant PLDT, has accepted a public share purchase offer by Germany’s Rocket Internet SE, […]