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Fuel storage tanks at a PT Pertamina facility at Tanjung Priok Port in Jakarta, Indonesia, on Wednesday, Feb. 25, 2026. Oil steadied after the US and Iran agreed to more nuclear talks next week following a round of discussions on Thursday, as a huge deployment of American forces in the Middle East kept the market on edge. Photographer: Dimas Ardian/Bloomberg
ASEAN Business

Indonesia eyes oil purchases from Russia

IndonesiaRussia
FILE PHOTO: Bank Indonesia's logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, Jan. 17, 2019. REUTERS/Willy Kurniawan/File Photo
ASEAN Business

Indonesian central bank holds rates steady, as expected

Bank IndonesiaInterest rates
ASEAN Business

Vietnam bank to sell mogul’s property, car to offset fraud loss

FraudVietnam
epa12826516 An employee pumps gasoline into a customer’s motorbike at a gas station in Hanoi, Vietnam, 17 March 2026. Vietnam will allow only biofuel gasoline products, E5 RON 92 and E10 RON 95, to be sold in the country starting 01 June, according to the Ministry of Industry and Trade. EPA/LUONG THAI LINH
ASEAN Business

Fuel shortages disrupt Thailand’s sacred Buddhist funeral rites

Thailandfuel

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Fridays: Business insights on Southeast Asia's fast-growing economies.

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ASEAN Business

Asean’s tourism sector could contribute to region’s sustainable aviation fuel development, says Airbus

This is relevant for the region, considering that a few countries have consistently been ranked among the top global travel destinations

TourismSustainable aviation fuel
CMG20251110-LimMS01/林明顺/张俊, 张佳莹 /Media Conference on Sustainable Aviation Fuel Levy in Singapore【embargoed until 10 Nov (Mon), 5pm SGT) [CAAS Office, Changi Airport Terminal 2, Level 4, Sinjon Room (Access via Level 2 lift lobby (lift 11 and 12) next to Kenangan Coffee)]
ASEAN Business

Global funds look to Malaysia as Iran war shakes up Asian assets

The Malaysian stock benchmark has beaten regional peers this month

MalaysiaMalaysia economy
A view of Kuala Lumpur's skyline, in Malaysia July 31, 2025. REUTERS/Hasnoor Hussain
ASEAN Business

VinFast quarterly loss widens as costs bite

Vietnamese EV maker expects to resume construction of a US manufacturing plant this year

VinFastFinancial results
FILE PHOTO: FILE PHOTO: The logo of VinFast is pictured at the 2022 Paris Auto Show in Paris, France October 17, 2022. REUTERS/Stephane Mahe/File Photo/File Photo
ASEAN Business

Indonesia eyes Budget cuts amid high oil prices, keeps free meal programme fund intact

The move could calm market concerns over a possible rise in the budget deficit from higher oil prices, says an economist

IndonesiaAsia-Pacific
Purbaya Yudhi Sadewa Photographer: Rosa Panggabean/Bloomberg
ASEAN Business

Analysts in favour of IJM investors accepting Sunway’s offer, even as adviser says reject

The independent adviser values IJM at RM5.48 to RM6.48 a share, above Sunway’s RM3.15 offer

MalaysiaM&A
The anti-graft agency has confirmed freezing IJM bank accounts totalling RM15.8 million (S$5 million) as part of its ongoing probe into the company.
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ASEAN
Opinion & Features
NEW GLOBAL ORDER

A new decisive moment for renewable energy

New Global OrderRenewable energy
Wind turbines near Wuerzburg, Germany, on Wednesday, March 4, 2026. Germany’s power security will deteriorate over the coming years, with potential shortfalls from 2031, grid operator Amprion GmbH warned. Photographer: Alex Kraus/Bloomberg
ASEAN Business

Analysts in favour of IJM investors accepting Sunway’s offer, even as adviser says reject

MalaysiaM&A
The anti-graft agency has confirmed freezing IJM bank accounts totalling RM15.8 million (S$5 million) as part of its ongoing probe into the company.
ASEAN Business
BEHIND THE NAME

From plastics to property, Malaysia’s Mah Sing builds its business empire on ‘trust capital’

MalaysiaProperty
For Lionel Leong, deputy group CEO and executive director of Mah Sing, the challenge of second-generation leadership is defined not by outworking others, but by earning credibility through results: "You have to let your work speak".
ASEAN Business

The price isn’t right: Oil spike fuels risks in South-east Asia’s tech scene

Asean Businessoil
***Budget 预算案 2025 DO NOT USE BEFORE 18 FEBRUARY 2025*** CMG20250105-Darwis01 / Budget2025 预算案2025拍摄 [Bukit Batok] Tag: Grab, food delivery, foodpanda, economy, freelance, cpf
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