Singapore exports fall for 12th month in September but recovery seen

Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port of Singapore on 14 June 2022. Bernd von Jutrczenka | Picture Alliance | Getty Images Singapore’s exports fell for a 12th straight month in September on a year-on-year basis as the trade-reliant economy grappled again with global headwinds on inflation and declining … Read more

Cocoa farmers face mounting challenges as El Nino rages on

A woman spreads cocoa beans during the sun-drying process in the backyard of her house in Asikasu, Ghana on December 19, 2020. Cristina Aldehuela | Afp | Getty Images El Nino is here to stay — and that’s bad news for cocoa crops which are highly sensitive to weather changes.  Frequent extreme weather events caused … Read more

Hamas dan Israel Perang Besar, Ini Sikap Indonesia

loading… Pemerintah Indonesia mendorong penghentian eskalasi kekerasan dalam pernyataan sikap resminya terkait perang Israel dan Hamas. Foto/REUTERS JAKARTA – Pemerintah Indonesia, melalui Kementerian Luar Negeri (Kemlu), pada Selasa (10/10/2023) menyampaikan sikap resmi dalam menyikapi perang besar antara Hamas dan Israel. Perang dimulai setelah Hamas meluncurkan Operasi Badai al-Aqsa terhadap Israel pada Sabtu pekan lalu, yang … Read more

Cities are fighting back against overtourism: Venice, Amsterdam, Bali

From overtourism to no tourism — and back again. Many cities have come full circle to worrying about too many tourists rather than too few.    The rise of budget airlines, short-term home rentals and cruise ships are part of the problem, said Lionel Saul, a research assistant and visiting lecturer at EHL Hospitality Business … Read more

Indonesia launches China-backed ‘Whoosh’ high-speed railway

The Jakarta-Bandung high-speed train named ‘Whoosh’ is seen after the inauguration at Padalarang station in Padalarang, West Java on October 2, 2023. Bay Ismoyo | Afp | Getty Images Indonesian President Joko Widodo on Monday inaugurated a $7.3 billion high-speed railway connecting the country’s capital with the city of Bandung, a China-backed project that has … Read more

Indonesia could be the ‘gateway’ to EV investments in ASEAN

Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more … Read more

ChatGPT maker OpenAI CEO Sam Altman gets Indonesia’s 1st Golden Visa

Sam Altman, chief executive officer of OpenAI, at an event in Seoul, South Korea, on Friday, June 9, 2023. Bloomberg | Bloomberg | Getty Images Indonesia has awarded OpenAI Chief Executive Sam Altman its first “Golden Visa” — a week after the program was launched to attract foreign investment to Southeast Asia’s largest economy. “There … Read more

5 things to know before the stock market opens Tuesday, September 5

Here are the most important news items that investors need to start their trading day: 1. Stocks slip Stock futures were slightly lower Tuesday to start the trading week. Futures tied to the Dow Jones Industrial Average were down 8 points, or less than 0.1%. S&P 500 futures slid 0.1%, while Nasdaq 100 futures fell 0.3%. Those moves come after … Read more

Myanmar won’t be allowed to lead ASEAN in 2026, in blow to generals

Philippine’s President Ferdinand Marcos, Singapore’s Prime Minister Lee Hsien Loong, Thailand’s Permanent Secretary of the Ministry of Foreign Affairs Sarun Charoensuwan, Vietnam’s Prime Minister Pham Minh Chinh, Indonesia’s President Joko Widodo, Laos’ Prime Minister Sonexay Siphandone, Brunei’s Sultan Hassanal Bolkiah, Cambodia’s Prime Minister Hun Manet, Malaysia’s Prime Minister Anwar Ibrahim and East Timor’s Prime Minister … Read more

Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued the project. Bloomberg | Bloomberg | Getty Images A $7.3 billion high-speed electric rail line between Indonesia’s two biggest cities is set to be launched … Read more