Latest news with #JAKARTAGLOBE

Barnama
2 days ago
- Business
- Barnama
Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: July 14, 2025
BOARDING SCHOOLS FOR POOR CHILDREN TO OPEN ACROSS INDONESIA NEXT WEEK -- JAKARTA GLOBE Indonesia and the European Union have reached a political 'breakthrough' on a long-delayed trade pact, President Prabowo Subianto and European Commission President Ursula von der Leyen announced on Sunday in Brussels, paving the way for a new strategic partnership in an increasingly fractured global economy. Indonesia is set to launch its ambitious Sekolah Rakyat (People's Schools) programme on Monday, offering free boarding school education to children from the nation's poorest households. Chief Community Empowerment Minister Muhaimin Iskandar said preparations are complete, including the enrollment of children from the lowest economic bracket to begin classes next week. LAOS WATER PRICE TO RISE THIS YEAR -- VIENTIANE TIMES Authorities will raise tap water prices from 2025 to 2027 to manage production costs and assist the Vientiane Water Supply Enterprise recover from financial losses. Funds are needed to improve water infrastructure and cover the overhead costs. PLEDGE TO ENHANCE TRADE TIES -- VIENTIANE TIMES Lao and Russia will expand cooperation in various areas to strengthen their strategic partnership ahead of their 65th diplomatic anniversary this October. This includes energy, education, defence, trade, culture, mine clearance and modernising hospitals. MYANMAR TRAWLERS BACK TO THE SEA -- THE GLOBAL NEW LIGHT OF MYANMAR Prices of marine products will drop as the fishing season resumes. About 30 per cent of the nearly 900 offshore fishing trawlers in Yangon are now able to go out to the sea. Since early this year, choppy waters have hindered fishing. CHECKS ON GOLDSMITHS IN YANGON -- THE GLOBAL NEW LIGHT OF MYANMAR The Federation of Myanmar Gold Entrepreneurs Association will inspect gold shops in Yangon to ensure traders comply with the new gold weight system and operate with licences. About 1,500 goldsmiths in Yangon have applied for goldsmith licences. SINGAPORE ECONOMY CONTINUES TO EXPAND IN Q2 DESPITE US TARIFF UNCERTAINTY: ADVANCE ESTIMATE -- THE STRAITS TIMES Singapore's economy continued to grow in the second quarter of 2025 despite persistent global trade headwinds and US tariff uncertainty weighing on the export-reliant economy ECONOMY GREW 4.3% IN THE SECOND QUARTER OF 2025: MTI ADVANCE ESTIMATES -- CNA Singapore's economy grew 4.3 per cent in the second quarter of 2025, faster than the 4.1 per cent growth in the first quarter of the year, according to advance estimates from the Ministry of Trade and Industry (MTI) on Monday (Jul 14). THAILAND 1. CHINESE MASTERMIND HIRES GANG TO ABDUCT COMPATRIOT IN PATTAYA -- THE NATION Thai police have arrested four men who abducted and robbed a Chinese national in Pattaya while impersonating local police officers. 2. GOVT TAKES ON KHAO KRADONG DISPUTE -- BANGKOK POST Interior Minister Phumtham Wechayachai will set up a committee to investigate the long-standing Khao Kradong land dispute in Buri Ram province, which involves state-owned land allegedly overlapping with property linked to the influential Chidchob family. VIETNAM NANG MUSEUM EXHIBITS ANCIENT ARTEFACTS -- VIETNAMPLUS The Da Nang Museum is hosting an exhibition displaying artefacts dating 15th century to the Nguyen Dynasty. About 200 rare collections including gilded wooden furniture, ceramics, royal costumes, gold-thread embroidery and Chinese pottery are on display. NINH MAGNET FOR FOREIGN INVESTMENTS -- VIETNAMPLUS After Hanoi, Bac Ninh attracted the most foreign direct investment in the first six months of this year in Vietnam. The northern province attracted RM51 billion (US$12 billion) mostly in the electronics component and manufacturing sectors. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial

Barnama
25-06-2025
- Business
- Barnama
Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: June 25, 2025
PLANS FIRST NUCLEAR POWER PLANT BY 2034, EYES PARTNERSHIPS WITH RUSSIA AND CANADA -- JAKARTA GLOBE STILL ON ALERT DESPITE ISRAEL-IRAN CEASEFIRE -- THE JAKARTA POST Indonesia aims to commission its first nuclear power plant by 2034 as part of a broader push to diversify its energy mix and strengthen long-term energy security, Energy and Mineral Resources Minister Bahlil Lahadalia announced Tuesday. Fears of an escalation in the conflict between Iran and Israel persist despite claims of a ceasefire between the two countries, with the government expediting contingency planning as it finishes its first round of the evacuation of Indonesian nationals from the affected region. LAOS TO CLEAR UXO IN KHAMMUAN PROVINCE -- VIENTIANE TIMES The British-based Mines Advisory Group has received about RM6 million (US$1.4 million) funding to conduct three unexploded ordnance (UXO) clearance operations in Khammuan province. The funds are to clear UXO, conduct surveys and provide risk education. PER CENT TAX FOR SMALL BUSINESS -- VIENTIANE TIMES The government has proposed a five per cent profit tax for micro-enterprises under the new scheme and those not making any profits will be exempted from tax. This new policy aims to support micro-enterprises in reducing their financial burden. MYANMAR MYANMAR-THAILAND BORDER CROSSING -- THE GLOBAL NEW LIGHT OF MYANMAR A new border crossing at the Kawthoung International Land Border Checkpoint, located between Myanmar and Thailand, is now operational. The crossing will facilitate border trade and tourism, enhance the socio-economy of the local communities and ensure systematic border crossing. FAIR TO PROMOTE AGRI SECTOR -- THE GLOBAL NEW LIGHT OF MYANMAR The ninth Agri Tech Myanmar to be held at the Yangon Convention Centre from June 27 to 29 provides a platform to traders and farmers to exhibit their products. It will showcase farm machinery and food processing technology. SINGAPORE TIES MORE VITAL THAN EVER AMID GLOBAL UNCERTAINTY, SAYS PM WONG -- THE STRAITS TIMES Amid a turbulent and uncertain world, the relationship between Singapore and China is more important than before, visiting Prime Minister Lawrence Wong told Chinese President Xi Jinping. CEASEFIRE APPEARS TO HOLD UNDER PRESSURE FROM TRUMP -- CNA/REUTERS A shaky ceasefire began to take hold between Israel and Iran on Tuesday (Jun 24) under pressure from US President Donald Trump, raising hopes for an end to the biggest ever military confrontation between the Middle East arch-foes. THAILAND 1. THAI STOCK MARKET FACES VOLATILITY AS SEVEN STOCKS HIT FLOOR; FORCED SELLING SUSPECTED -- THE NATION SET Index drops 4.85 points as seven stocks plunge to floor levels, driven by high-margin accounts and forced selling, analysts say. 2. PREMIER URGES RELIEF FOR PUBLIC IN LIGHT OF THE THAI-CAMBODIAN BORDER TENSIONS -- BANGKOK POST Prime Minister Paetongtarn Shinawatra said after the cabinet meeting on Tuesday that all ministers should find relief measures to aid the public in light of the Thai-Cambodian border tensions, and that government stability and national unity is paramount. VIETNAM TO HOST GLOBAL LOGISTICS CONGRESS -- VIETNAMPLUS The 2025 International Federation of Freight Forwarders Associations World Congress will be held in Hanoi from October 6-10. About 1,200 delegates from nearly 150 countries are expected to attend the conference themed 'green logistics and rapid adaptation'. 2. ROSY OUTLOOK FOR AVIATION SECTOR -- VIETNAMPLUS Vietnam's aviation sector recorded a robust performance in the first half of 2025 — driven by strong passenger and cargo segments in the international markets. Passenger volume reached 41.3 million during the six months and cargo transportation was 695,700 metric tonnes. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial

Barnama
21-06-2025
- Business
- Barnama
Top News Headlines In Indonesia, Myanmar, Singapore & Vietnam: June 21, 2025
TO SUMMON FORMER MINISTER NADIEM IN RP 9.9T CHROMEBOOK CORRUPTION CASE -- JAKARTA GLOBE WELCOMES NEW AGE WITH GLOBAL AMBITIONS -- THE JAKARTA POST Former Education Minister Nadiem Makarim has been summoned by the Attorney General's Office (AGO) for questioning on Monday, June 23, as part of a corruption probe into the Education Ministry's Rp 9.98 trillion (US$615 million) Chromebook procurement project. Jakarta will mark its 498th anniversary this weekend with a renewed vision of transforming into a global centre for trade, services, finance and business, even as the city faces persistent questions about its livability and its impending loss of capital status. PREPARATIONS UNDERWAY -- THE GLOBAL NEW LIGHT OF MYANMAR The Election Commission held a meeting to ensure the polls are conducted transparently without any fraud. Voting machines that are being produced will be transported and stored in the respective regions and states. ENTERING CHINESE MARKET RISING -- THE GLOBAL NEW LIGHT OF MYANMAR Nearly 1,755 food processing companies have applied to the General Administration of Customs of China for a licence to enter the market as of June 13. Registration is mandatory for food exporters to China. SINGAPORE AHEAD: HOW USED COOKING OIL COULD HINDER AVIATION'S GREEN FUEL HOPES -- THE STRAITS TIMES This is the starting point for the world's – and especially Europe's – lofty dreams of greener air travel: a collection point for plastic bottles filled with discarded frying oil in Malaysia. SAYS IRAN HAS 'MAXIMUM' TWO WEEKS, DISMISSES EUROPE PEACE EFFORTS -- CNA/AFP US President Donald Trump said Friday (Jun 20) that Iran had a "maximum" of two weeks to avoid possible American air strikes, as Israel claimed it has already set back Iran's presumed nuclear programme by at least two years. VIETNAM RULES TO MANAGE GOLD TRADING -- VIETNAMPLUS The State Bank of Vietnam is mulling stricter regulations on gold trading. Bank transfers are required for gold transactions worth RM3,253 (US$765) and above to promote transparency and verify customer identities. TAX PRESSURES SHIPPING SECTOR -- VIETNAM NEWS The International Maritime Organisation's policy to cut greenhouse emissions from ships could burden Vietnam's shipping industry. Vessels emitting carbon dioxide beyond the mandatory limits would face a tax of RM16,164 (US$380) per metric tonne when the policy is implemented in 2028. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial

Barnama
28-05-2025
- Business
- Barnama
Top News Headlines In Cambodia, Indonesia, Myanmar, Singapore, Thailand & Vietnam: May 28, 2025
Russia and Cambodia agreed to strengthen bilateral ties by focusing on a wide range of areas, mainly cybercrime, law enforcement and countering cross-border crimes. Both countries also strengthened their judicial collaboration by signing a memorandum of understanding. During a meeting with the Russian Prosecutor General Igor Krasnov, Cambodia Senate President Hun Sen proposed Russia launch a direct flight between the two countries. The air connectivity will help to improve tourism and people-to-people relations and spur bilateral ties. ASEAN member states aim to negotiate with the United States as a single trade bloc while deepening ties with China, as Washington's unilateral levies imperil the growth of their trade dependent economies. 2. SWEDEN HELPS INDONESIA TREAT CANCER WITH US$940,360 GRANT-- JAKARTA GLOBE Sweden announced Tuesday a grant worth approximately 9 million Swedish krona (around US$940,360) to help Indonesia treat cancer by assisting a Jakarta-based hospital in setting up a radiotherapy center. MYANMAR 1. CHARTING PLAN FOR SUSTAINABLE INDUSTRIAL GROWTH -- THE GLOBAL NEW LIGHT OF MYANMAR The second coordination meeting of the Industrial Development Commission was held yesterday to discuss the promotion of sustainable development of local industries. The meeting aimed to establish new industrial projects and public and private sector partnerships to produce quality industrial products. 2. CHINESE DEMAND FOR ARECA NUTS ON THE RISE -- THE GLOBAL NEW LIGHT OF MYANMAR The rising demand for areca nuts from Chinese buyers is boosting sales for local producers in Myanmar. The processed nuts are used to make snacks in China and are also chewed together with slaked lime and betel leaves. SINGAPORE 1. ASEAN FACES 'MOMENT OF TRUTH'; IT MUST STEP UP OR RISK LOSING RELEVANCE, SAYS PM WONG -- THE STRAITS TIMES ASEAN must step up and define a clear, purposeful role for itself in a changed world, or risk losing relevance, said Prime Minister Lawrence Wong on May 27. 2. US SUSPENDS STUDENT VISA PROCESSING AS TRUMP, RUBIO RAMP UP SOCIAL MEDIA VETTING -- CNA/AFP US Secretary of State Marco Rubio on Tuesday (May 27) ordered a suspension of student visa processing as President Donald Trump's administration ramps up vetting of their social media, according to an internal cable. THAILAND 1. THAILAND'S IMPORTS FROM CHINA HIT RECORD HIGH AMID TRADE UNCERTAINTY AND 90-DAY TARIFF TRUCE -- THE NATION Thailand's trade deficit with China has surged to a historic high, with imports soaring during the first four months of 2025 as businesses rush to secure raw materials amid global trade uncertainties, particularly ahead of potential U.S. tariff changes. 2. MINISTER CALLS FOR TOUGHER LAW ON NOMINEE FIRMS -- BANGKOK POST Deputy Commerce Minister Napintorn Srisanpang is pushing for a new law to further crack down on businesses that use Thai nominees, with such entities expected to be wiped out within six months. VIETNAM 1. SOUTHERN CAN THO CITY INVITES AMERICAN INVESTMENTS -- VIETNAMPLUS Can Tho City in southern Vietnam is welcoming American investors to invest in agricultural processing, the green economy and the digital economy. In the first quarter of this year, Can Tho exported steel, garments, farm produce, processed goods and handicraft to the United States. 2. MARITIME SECTOR GROWTH ON ROBUST MOOD -- VIETNAMPLUS Vietnam's maritime and inland waterway transport sectors are enjoying robust growth this year. Officials said total cargo via ports reached 370.5 million metric tonnes, up 11 per cent compared to the same period last year. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial

Barnama
18-05-2025
- Business
- Barnama
Top News Headlines In Cambodia, Indonesia, Myanmar, Singapore, Thailand & Vietnam: May 18, 2025
Cambodia and China acknowledged that the Golden Dragon joint military exercise has become a symbol of military cooperation. Despite global geopolitical shifts, the ironclad friendship between the two nations remains strong. The 7th Golden Dragon joint military exercise began yesterday. Prime Minister Hun Manet said that the government has implemented national development policies to transform battlefields into zones of progress and safeguard territorial integrity. The policies have improved infrastructure and people's living conditions. INDONESIA THWART TIN SAND SMUGGLING ATTEMPT TO MALAYSIA -- JAKARTA GLOBE Indonesian authorities have foiled an attempt to smuggle approximately 20 tonnes of tin sand to Malaysia, seizing a vessel off the coast of Bangka Belitung Province and arresting its captain, police said Friday. The suspect, identified by his initials LM, 39, is a resident of the Riau Islands Province and was detained during the Thursday operation. REAL ESTATE GROUP KEEN TO INVEST IN NUSANTARA, SAYS IKN AUTHORITY -- THE JAKARTA POST The Nusantara Capital City (IKN) Authority says the Ayedh Dejem Group from the United Arab Emirates (UAE) has submitted an expression of interest for investing in the commercial area of the nation's future capital in East Kalimantan. MYANMAR SAYS MYANMAR WILL COOPERATE WITH ASEAN -- THE GLOBAL NEW LIGHT OF MYANMAR State Administration Council Chairman Senior General Min Aung Hlaing told Russia's RT News that Myanmar will fully cooperate in line with ASEAN's Charter. He said the regional bloc has noble objectives and Myanmar wish to act accordingly. FORESTS RESERVES FACE THREATS -- THE GLOBAL NEW LIGHT OF MYANMAR Myanmar currently has over 1.1 million acres of mangrove forests, making it the seventh largest in the world and the third largest in Southeast Asia for mangrove coverage. But they are facing threats from deforestation, mainly due to agricultural and aquaculture development. SINGAPORE SIGNS OF FINANCIAL ABUSE AMONG THE ELDERLY IN SINGAPORE; WHY ARE THEY SO HARD TO DETECT? -- THE STRAITS TIMES Singapore's rapidly ageing population is bringing more instances of elder abuse, with financial rip-offs of older vulnerable folk becoming an issue of concern. TO SPEAK TO RUSSIAN, UKRAINIAN LEADERS ON MONDAY AFTER TALKS IN TURKEY -- CNA/AGENCIES US President Donald Trump said on Saturday (May 17) he would speak to the presidents of Russia and Ukraine on Monday following talks between the two sides at which a Ukrainian official said Moscow's negotiators voiced new demands before a ceasefire could be agreed. THAILAND 1. BMA CALLS TIME ON DISASTER DECLARATION AT COLLAPSED AUDIT OFFICE SITE -- THE NATION Bangkok authorities have officially declared an end to the state of disaster at the construction site of the new State Audit Office (SAO) building. 2. FRUIT FARMERS URGE GOVT TO RECRUIT K-POP SENSATION LISA -- BANGKOK POST Local fruit farmers have urged Prime Minister Paetongtarn Shinawatra to enlist Thai K-pop sensation Lalisa "Lisa" Manobal in a campaign to promote Thai fruits to boost international sales. VIETNAM FLOW REACH RM60 BILLION IN FIRST QUARTER -- VIETNAMPLUS The Ministry of Finance announced that Vietnam attracted about RM60 (US$13.82 billion) in foreign direct investment (FDI) in the first quarter of 2025. Singapore topped the investors' list, followed by China and Japan. MULLING SIMPLER CITIZENSHIP LAWS FOR FOREIGNERS -- VIETNAM NEWS The National Assembly is reviewing draft amendments to national law to ease the process for overseas Vietnamese and foreign professionals to acquire citizenship. This will favour individuals of Vietnamese descent and foreign investors, scientists and experts. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial