SINGAPORE: DBS Group has a tightly managed exposure to India’s Adani group of companies, the chief executive of Southeast Asia’s largest bank said on Monday (Feb 13). DBS was among a group of banks which provided finance to Adani’s US$10.5 billion acquisition of Holcim’s cement business in India last year.Continue Reading
The upcoming visit of German Federal President Frank Walter Steinmeier to Cambodia and Malaysia comes at a critical turning point for Europe – ASEAN relations and an opportunity for increased engagement as Germany considers relaxing its reliance on Chinese markets
The post What lies at stake as German President visits Southeast Asia appeared first on Southeast Asia Globe.
Cambodia is close to resuming controversial intercountry adoption with Italy, Vietnam manufacturing layoffs reach the U.S., Indonesian small palm oil businesses strive for economic survival, communities fight for their urban housing rights in the Philippines.
The post Risky adoptions and palm oil tensions appeared first on Southeast Asia Globe.
“The political fracas is already under way in Washington. Republicans claim the Biden administration showed weakness in allowing the balloon to enter US airspace. Officials counter that the previous administration, under president Donald Trump, didn’t react to several similar missions over US states and territories. Yet those previous incursions didn’t go on for so long, or reach so far […]Continue Reading
Malaysian Prime Minister Anwar Ibrahim has asked Thailand to play a more active role in resolving the conflict in Myanmar, making comments that signal Southeast Asia is divided on how to handle the junta that seized power two years ago.Continue Reading
As the bustling city of San Roque faces a major development overhaul, its urban poor communities are pushing back and fighting for their housing rights
The post Urban poor’s housing rights hit by Philippines’ redevelopment appeared first on Southeast Asia Globe.
More than 17,000 jobs are expected to be created in the coming years from investment commitments.Continue Reading
Funding marks next step of firmâs expansion into global marketsÂ
Cocoon Capital, Entrepreneur First & Michael Gryseels participated in this round PixCap, a web-based 3D design platform that allows users to find, create and export 3D designs in minutes announced its US$2.8 million (RM12 million) seed funding led by Surge, the rapid…Continue Reading
Earlier this week, Indonesian authorities said they will use “weather modification technology” to produce artificial rain over dry peatland as a preventative measure against potential forest fires. Local media had previously reported that the weather modification technology, known formerly as artificial rain technology, creates rain that helps to put outContinue Reading
The modern globalized economy has made it easier and far more lucrative to facilitate and enable international drug networks, and several governments, or elements within them, actively work with criminal groups to support the flow of drugs around the world. This has led to a surge in drug usage among people worldwide, according to the UN Office […]Continue Reading