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  • Markets
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  • Hang Seng 23,525.97 ▲ +0.57%
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WWC One Media

APAC Edition Tuesday, 3 November 2026

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Tag: ASEAN

Grab Locked 60% of Atome for $1.49B — So Why Is Close Still a 2027 Story?

Business

Grab Locked 60% of Atome for $1.49B — So Why Is Close Still a 2027 Story?

Singapore-listed Grab will pay US$1.49 billion in cash for a controlling stake in Atome Financial across five ASEAN markets — but Phase 1 is not due until Q3 2027, and the remaining 40% rides a $2.0–$4.5 billion valuation band.

September 18, 2026

ASEAN Ministers Meet in Manila — So Why Is DEFA Still the Make-or-Break?

Business

ASEAN Ministers Meet in Manila — So Why Is DEFA Still the Make-or-Break?

DTI’s Allan Gepty says ASEAN must move from agendas to implementation as economic ministers gather in Manila Sept 19–22 — with the Digital Economy Framework Agreement, a semiconductor roadmap, and trade talks with India, Korea, Japan, and Canada on the table.

September 18, 2026

Ultrajaya Wants All of Frisian Flag Indonesia for Rp14.57T — So Who Ends Up in Control?

Business

Ultrajaya Wants All of Frisian Flag Indonesia for Rp14.57T — So Who Ends Up in Control?

ULTJ seeks shareholder approval to acquire all of PT Frisian Flag Indonesia via inbreng for Rp14.57 trillion (~US$821.2 million), with FrieslandCampina set to become Ultrajaya’s new controlling shareholder after a fourth rights issue and Oct 27 EGM.

September 18, 2026

EU FTA Could Push Thai Growth Above 3% — So Why Is Sept 28 Still Make-or-Break?

Business

EU FTA Could Push Thai Growth Above 3% — So Why Is Sept 28 Still Make-or-Break?

DPM Suphajee Suthumpun says a Thailand–EU FTA could lift growth above 3% and draw FDI, with a study pointing to GDP +1.28% and exports +2.8% — but the Phuket round from 28 Sep still has to finish the remaining third of chapters.

September 18, 2026

Intra-Asia Freight Hit $1,402 — So Why Are Manila Importers Still Feeling It?

Business

Intra-Asia Freight Hit $1,402 — So Why Are Manila Importers Still Feeling It?

Drewry’s Intra-Asia Container Index jumped 6% to a fourth straight record of $1,402 per 40ft box as typhoons, Golden Week demand, and Middle East risk kept capacity tight — with Shanghai–Laem Chabang and Ho Chi Minh City lanes up 15%.

September 18, 2026

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