Arno Maierbrugger
Business journalist
Indonesian Muslim clerics classify cryptocurrencies as ‘un-Islamic’
The booming market for cryptocurrencies and digital assets in Indonesia was met with a backlash from local religious authorities who are deeming them “haram,”...
Tesla’s electric car sales surge in Singapore
US electric car maker Tesla proved to be widely popular among Singapore car buyers in September, latest data by the city-state’s Land Transport Authority...
Malaysian doctor creates world’s first unisex condom
Malaysia has come in the news for a rather unconventional, but nevertheless quite practical innovation: the world’s first unisex condom.
According to an October 28...
India’s Adani Ports becomes next investor to call it quits in Myanmar
Adani Ports and Special Economic Zone, India’s largest integrated ports and logistics company, said on October 27 at its fiscal second quarter presentation that...
Indonesia ranks among top emerging crypto countries
The adoption of cryptocurrency in Indonesia is rapidly growing as the country has seen surging interest in digital assets this year and now ranks...
Singapore plans to import green energy to reach low-carbon goals
Singapore plans to transform its energy consumption towards low-carbon electricity by 2035 and import up to four gigawatts of green power, the equivalent of...
Foreign investment into Myanmar drops to eight-year low
Foreign investment into Myanmar has fallen dramatically in the months since the February 1 coup, having reached an eight-year low, the country's Directorate of...
Brunei’s population shrinks on worker exodus, fewer births
Early results from Brunei’s 2021 population census show that the country is moving towards an ageing population due to falling birth rates and a...
Thai fruit growers seek to use Laos-China railway as ‘durian express’
Durian growers in Thailand are looking for a way to use the yet-to-be opened new China-Laos high-speed railway as a means of transport for...
US bans imports from another Malaysian glove maker
Malaysian glove maker Supermax Corporation has become the next company to be put on a banned list over alleged forced labour practices, the fourth...
Indonesia’s GoTo gets cash injection from Abu Dhabi’s sovereign wealth fund
Indonesian e-commerce giant GoTo will receive $400 million from the Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of the emirate of Abu...
Cambodia reintroduces e-visa scheme for tourists
Cambodia has reintroduced its e-visa scheme for tourists after the country decided to gradually open its borders as distress from the Covid-19 pandemic eases.
The...
Troubled Myanmar readies to open for tourism
Seemingly irrespective of civil unrest, countless skirmishes between guerilla-style freedom fighters and the army, over 300 roadside bomb attacks since the February 1 coup,...
Indonesia halts license issuance for fintech lenders to rein in digital loan sharks
Indonesia’s President Joko Widodo on October 15 ordered to halt license issuances for financial technology companies whose business entails digital lending to consumers and...
First high-speed train from China arrives in Lao capital
Residents of Laos’ capital Vientiane on October 16 witnessed the arrival of the first passenger high-speed train running on the new Laos-China railway line...
VinFast to start selling cars in US and Europe in 2022
Emerging Vietnamese car maker VinFast will offer pre-orders for its electric sports utility vehicles from the US in the first half of 2022 and...
Singapore considers setting up robotic security and defense squad
Singapore has plans to expand the city-state’s defense and security forces with mobile robots and through its state agency for defense science and technology...
British American Tobacco ends second Myanmar stint as country descends into chaos
London-headquartered cigarette maker British American Tobacco (BAT) will withdraw from military-ruled Myanmar by the end of this year and cease all of its operations...
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Thailand considers legalising casinos
Thailand is considering allowing casino operations in the country, ending a decade-long ban of gambling that covers all forms except the state lottery and...
Stories of the week
VinFast now plans $3-billion IPO in the US in second half 2022
Vietnamese carmaker VinFast, a unit of the country’s largest business conglomerate Vingroup, now has plans for an initial public offering (IPO) in the US...