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Tag: BUSINESS

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.

18h

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.

18h

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.

18h

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%.

19h

OCBC Locked Another 10 Years With Bank of Ningbo — So What’s the Real ASEAN–China Bet?

Business

OCBC Locked Another 10 Years With Bank of Ningbo — So What’s the Real ASEAN–China Bet?

Singapore’s OCBC renewed a 10-year strategic pact with China’s Bank of Ningbo, extending a two-decade partnership aimed at ASEAN–Greater China business, trade, and wealth flows after China–ASEAN trade topped US$1 trillion in 2025.

19h

Waymo Picked Singapore for Its First SEA Robotaxi — So Why Wait Until 2028?

Business

Waymo Picked Singapore for Its First SEA Robotaxi — So Why Wait Until 2028?

Alphabet’s Waymo will roll out autonomous all-electric ride-hailing in Singapore by 2028 — its first Southeast Asia entry — with Jaguar I-PACE vehicles arriving in coming months and manual mapping runs in 2027 before a public launch.

19h

SMPC Surged 20% — So Why Did DOE Still Kill the Semirara Coal Auction?

Business

SMPC Surged 20% — So Why Did DOE Still Kill the Semirara Coal Auction?

DOE aborted its 2026 Semirara coal bid round after stakeholder pushback, even as Semirara Mining and Power Corp. shares jumped 20.06% to ₱20.05 and Energy Secretary Sharon Garin said bidding would still happen within the year.

19h

IHSG Softened in Session One — So Why Is MoF Still Flagging Rp141.6T Inflows?

Business

IHSG Softened in Session One — So Why Is MoF Still Flagging Rp141.6T Inflows?

Jakarta’s IHSG slipped 0.35% to 6,439.74 by the first-session close with Rp1.14T foreign net selling, even as Finance Minister Suahasil Nazara highlighted Rp141.6T year-to-date inflows into Indonesia’s financial markets.

19h

Hang Seng Climbed — So Why Did Hang Seng Tech Still Sell Off?

Business

Hang Seng Climbed — So Why Did Hang Seng Tech Still Sell Off?

HONG KONG — Hong Kong’s benchmark found bids on Friday morning even as the city’s tech gauge moved the other way. The…

20h

KLCI Closed Soft — So Why Were Chip Names Still Finding Bids?

Business

KLCI Closed Soft — So Why Were Chip Names Still Finding Bids?

FBM KLCI slipped 0.32% to 1,673.88 while early trade still showed semiconductor names like Malaysian Pacific Industries leading the bid list.

20h

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