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News

Indonesia Moves To Revise PLN Electricity Plan For Solar

Indonesia is revising PLN's RUPTL 2025-2034 to give its 100 GWp solar program a regulatory basis.

PIDM Introduces Resolvability Assessment Framework For Malaysian Member Banks

PIDM has introduced a Resolvability Assessment Framework that sets clearer expectations for how Malaysian banks prepare for resolution.

Luno, Halogen Capital And Kenanga Investors Test Ringgit Stablecoin For Fund Settlement

Luno Malaysia, Halogen Capital and Kenanga Investors are exploring UMYR, a ringgit-pegged stablecoin for settling tokenised money market fund transactions.

Singapore Cruise Centre Completes Move To New Harbourfront Terminal After 24-Month Programme

Singapore Cruise Centre has formally opened its HarbourFront terminal, linking ferry and cruise operations on one digital platform.

Kopi Kenangan Founder Deepens Ownership As Existing Backers Add To Stakes

Kopi Kenangan CEO Edward Tirtanata is increasing his stake in the coffee chain, partly by buying shares from early team members. Existing backers Alpha JWC, Tybourne and Horizons are also adding to their positions.

Indonesia Moves To Produce Gasoline From Low-Calorie Coal

Indonesia's Energy Ministry says it will act on President Prabowo's directive to produce gasoline from low-calorie coal to cut fuel imports.

Indonesia Holds ASEAN Power Grid Deal Over Pricing Terms

Indonesia has not signed an ASEAN Power Grid interconnection deal with Malaysia, citing pricing terms it considers not yet mutually beneficial.

Boost Signs Memorandum Of Understanding With Tencent Cloud On Infrastructure And AI

Boost has signed a memorandum of understanding with Tencent Cloud covering cloud infrastructure, AI and super app technology across Malaysia and Indonesia. Financial terms were not disclosed.

Syfe Surpasses SGD20 Billion In Assets Under Management

Syfe has crossed SGD20 billion in assets under management, with more than 400,000 users across Asia Pacific.

Frasers Hospitality Enters The Luxury Serviced Living Segment With Fraser Suites Reserve

Frasers Hospitality launches Fraser Suites Reserve, extending its long-stay expertise into the luxury serviced living segment.