Daily Debrief: What Happened Today (Sep 2)
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Indonesia’s inflation falls to 2.12% in August, paving way for potential interest-rate cuts
INDONESIA’S consumer price index fell to 2.12 per cent in August from a year earlier, meeting market expectations, according to statistics data released on Monday (Sep 2). Lower staple-food prices contributed to the decline.
Fintech Validus bags US$50 million loan to fund Indonesian MSMEs
VALIDUS has secured a debt facility of up to US$50 million from HSBC under the lender’s Asean growth fund strategy.
OKX Singapore gets major payment institution licence from MAS; taps former Grab executive as CEO
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THE Singapore branch of crypto exchange OKX has received a major payment institution licence from the Monetary Authority of Singapore.
M1 to ramp up solar panel installation as part of new sustainability initiatives
MOBILE network operator M1 plans to add solar panels to 10 more of its base transceiver stations sites in 2025, announced the Keppel subsidiary on Monday, after doing the same for eight such sites across Singapore to date.
Sembcorp unit signs agreement to import piped natural gas from Indonesia
SEMBCORP Gas, a wholly owned subsidiary of Sembcorp Industries, has signed a gas sales agreement to import up to 111 billion British thermal units per day of natural gas piped from the Mako gas fields in Indonesia.
STI rises 0.6% on first trade day of September; regional markets close mixed
SINGAPORE equities kicked off the first trading day of September in the black, even as regional exchanges turned in a mixed performance.
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