Indonesia making big plans for bad times in 2023

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JAKARTA – Indonesia may be on safe ground for now, but Finance Minister Sri Mulyani Indrawati is preparing for a worst-case scenario in 2023 by slashing line ministry spending and drawing up contingencies for a now widely-expected global recession. The impact of US Federal Reserve rate hikes, persistent inflationary pressures and a slowdown in global […]Continue Reading

Olaf Scholz’s peace mission to China

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Barely back home from his November 4 encounter with Chinese President Xi Jinping at Beijing’s Great Hall of the People, German Chancellor Olaf Scholz found himself on the premises of the former Berlin Kindl brewery on Saturday afternoon for a policy debate with 1,000 invited members of his Social Democratic Party (SPD). The most important […]Continue Reading

Malaysian companies bag six awards at Asocio Awards

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Pikom’s councillor Stan Singh elected vice chairman of Asocio
Awards recognise individuals, organisations that have impacted society Six Malaysian companies clinched various the Asocio Tech Excellence Awards at the recently concluded Asian Oceanian Computing Industry Organisation summit held on Oct 28.
Hosted by SGTech, the event saw participation from member economies, regional tech…Continue Reading

New era upside of Meta’s share price collapse

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Facebook may not be the original social media platform but it has stood the test of time – until recently. Meta, the company that owns Facebook, Instagram and WhatsApp, saw its value plummet by around US$80 billion in just one day at the end of October, after its third-quarter profits halved amid the global slowdown. […]Continue Reading

Alibaba Cloud announces final nominees for AsiaStar 10×10 campaign to recognize innovation in Southeast Asia

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11 out of 100 awardees are based in Malaysia including Saora Industries
Part of Project AsiaForward initiative to celebrate tech led entities in SEA As part of its Project AsiaForward initiative, Alibaba Cloud has teamed up with tech ecosystem partners to celebrate the diverse achievements of tech-driven entities in Southeast Asia.
Known as…Continue Reading

COP, copper, and the green transition

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Representatives of more than 190 countries (including 100 heads of state) are descending on Sharm El Sheikh this weekend for the UN’s COP27 climate conference. But progress since last year’s breakthrough agreements at COP26 in Glasgow has been painfully slow.  The United Nations Environment Program’s recent Emissions Gap Report paints a sobering picture, reporting that […]Continue Reading