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Malaysia Prime Minister Anwar Ibrahim has been at the centre of efforts to mediate a ceasefire between Thailand and Cambodia.

Malaysian PM Anwar says Thailand, Cambodia keen to end conflict

Anwar also doused speculation he may call an early election

XCL has K-12 school campuses across South-east Asia, including XCL World Academy in Singapore.

Global private equity firms eye Singapore-based XCL Education: sources

A transaction could value the school operator at as much as US$1.5 billion

Thousands massed in Manila on Nov 30 demanding accountability over a multi-billion-dollar infrastructure scandal involving corrupt officials and firm owners.

Government funds spent on luxury bags, cars: the US$2 billion scandal that paralysed the Philippines

Authorities have frozen about US$220 million in assets belonging to government officials and contractors so far

The BOT said it expects the economy to grow by 2.2% this year and 1.5% in 2026.

Thai central bank cuts policy rate by 25 bps, as expected

The reduction is the fifth since October 2024, with rates down by a total of 125 basis points

Bank Indonesia kept the benchmark seven-day reverse repurchase rate at 4.75%.

Bank Indonesia keeps rates steady, focuses on rupiah stability

The bank also leaves its deposit and lending rates unchanged at 3.75% and 5.50%, respectively

The appointment of Hans Patuwo (standing) comes as investors increasingly push GoTo to pursue strategic options to unlock value and accelerate profitability.

Hans Patuwo gets GoTo shareholders’ nod as CEO amid investor push for Grab deal

He takes over from Patrick Walujo with immediate effect

The average provincial minimum wage rise this year was 6.5 per cent, with the average minimum wage at about 3.3 million rupiah (S$256), ministry data shows.

Indonesian employers group says proposed minimum wage rise is too high

Provincial governors have until Dec 24 to set next year’s wage increase for their region

Superbank, backed by Grab and a consortium of regional technology and telecommunications groups, raised around 2.7 trillion rupiah (S$208.9 million) from the listing.

Indonesia’s Grab-backed Superbank surges on debut, triggers trading halt

70% of the 2.7 trillion rupiah IPO proceeds will be used to support SME lending

None of the digital banks in Singapore, including GXS Bank, MariBank and Trust Bank, have become profitable yet.

Digital banks in South-east Asia face profit pressure as rates slump and credit risks rise

Preserving deposits and embedding products within ecosystems could prove vital, say market watchers

The business outlook has brightened somewhat, with GoTo raising its guidance and analysts projecting it will turn a profit next year.

GoTo’s rebound hinges on shareholder vote as Grab merger eyed

The company’s stock has risen about 20% in Jakarta so far this quarter

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