More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and … Read more
Earlier this month, activists urged Indonesian authorities to investigate potential sales by state-owned arms makers to Myanmar via an alleged shell company owned by the son of a junta minister. The allegation is far from the first or only such case that has shed light on a covert regional trade network funneling crucial resources to … Read more
In this photo taken on October 10, 2023, a man looks at a forest fire as it approaches houses in Ogan Ilir, South Sumatra. Al Zulkifli | Afp | Getty Images With El Nino in full force, officials are bracing for the worst transboundary haze in southern Southeast Asia since before the pandemic in 2019. … Read more
Hong Kong’s leader says the city will seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister ByKANIS LEUNG Associated Press October 10, 2023, 12:49 AM FILE – Hong Kong Chief Executive John Lee speaks at a reception following a flag raising ceremony for the celebration of … Read more
Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images Southeast Asian countries are expected to be key demand drivers for the LNG market by 2030, industry watchers say. Trade in global liquefied natural gas rose to a record in 2022, fueled largely by a surge in demand from Europe as the … Read more
JAKARTA, Indonesia — Indonesian President Joko Widodo inaugurated Southeast Asia’s first high-speed railway on Monday as it was set to begin commercial operations, a key project under China’s Belt and Road infrastructure initiative that will drastically reduce the travel time between two key cities. The project has been beset with delays and increasing costs, and … Read more
JAKARTA, Indonesia — Indonesian President Joko Widodo inaugurated Southeast Asia’s first high-speed railway on Monday as it was set to begin commercial operations, a key project under China’s Belt and Road infrastructure initiative that will drastically reduce the travel time between two key cities. The project has been beset with delays and increasing costs, and … Read more
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said … Read more
FunNow, the Taiwan-based app that lets customers ebook actions on-demand in 5 Asian international locations, is rising its attain in Southeast Asia by means of a merger with restaurant reserving app Eatigo. Phrases of the deal had been undisclosed, however FunNow CEO TK Chen says it’s the largest post-COVID O2O M&A deal in Southeast Asia. … Read more
JAKARTA, Indonesia — It took greater than a day of flying, together with two refueling stops, for Vice President Kamala Harris to achieve this yr’s summit of Southeast Asian nations. And as soon as she arrived, she had lower than eight minutes of public talking time throughout two conferences. However in Jakarta’s cavernous conference middle, … Read more