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Race to become Asia’s top entertainment hub; Thai PM Srettha seeks closer ties with EU

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Zhao Yifan

Zhao Yifan

Published Mon, Mar 11, 2024 · 12:27 AM
    • Jakarta International Stadium, Indonesia’s largest stadium with a capacity of 82,000 seats. The venue has hosted concerts by the South Korean K-pop group Twice and the British singer-songwriter Ed Sheeran.
    • Jakarta International Stadium, Indonesia’s largest stadium with a capacity of 82,000 seats. The venue has hosted concerts by the South Korean K-pop group Twice and the British singer-songwriter Ed Sheeran. PHOTO: ANTARA FOTO, REUTERS

    This week in Asean:

    Dear BT reader,

    Pop icon Taylor Swift is in town this week but while her fans are on an adrenaline rush, certain South-east Asian countries are peeved over Singapore’s exclusive deal with the American pop star.

    Asean Business Newsletter

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    Piyush Gupta, chairman of SMU, Keppel and Mandai Wildlife Group, said: "We have to position the parks to serve our advocacy purpose, to serve an entertainment purpose, to continue to be what Singaporeans want.”

    Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    The special asset bankers are up against a HK$200 billion pile of soured debt that has pushed the Hong Kong’s distressed loan ratio to a two-decade high.

    Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hit a high

    Among the STI components that will trade ex-dividend this week are DBS and Frasers Logistics & Commercial Trust.

    Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?

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