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News

Club Med Cherating To Close For Major Renovation As Brand Reimagines Its First Asian Resort

The renovation follows Club Med's Happy to Care sustainability programme across its Asia-Pacific portfolio.

Lembaga Tabung Haji Recovery Plan Resolves RM12.6 Billion In Losses, RCI Finds

Governance overhaul recommendations target Tabung Haji Act 1995 amendments.

Coreweave To Build Three AI Data Centres In Indonesia By 2028

Latency and data-locality needs are driving CoreWeave's first data centre investment in Asia-Pacific.

RHB Launches RHB Pay, Malaysia’s First Bank-Owned Payment Gateway

The launch comes as Malaysia's e-payment transactions rose 25 percent to 18.4 billion in 2025, per Bank Negara Malaysia.

Ascott Signs Nine New Vietnam Properties In Fastest Expansion To Date

Nine properties, seven brands, one country: Ascott doubles down on Vietnam's hospitality demand.

HDBank Posts 31 Percent Profit Growth, Crosses VND1-Quadrillion Asset Threshold In First Half Of 2026

Fitch's first-time BB- rating places HDBank among Vietnam's highest-rated commercial banks.

Singapore Payments Industry Adopts Voluntary Code On Fees And Fraud

The new code excludes crypto and digital payment token services, focusing on regulated fiat payment providers under the Payment Services Act.

MAS Keeps Watch On Physical Banking Access As Singapore’s Digital Adoption Grows

SG Digital Community Hubs are helping residents learn everyday tasks like mobile banking and online payments.

Indonesia Holds PLN Electricity Tariffs Flat For Third Consecutive Quarter

Indonesia's quarterly tariff formula showed room to raise rates. Officials declined to use it.

PLN Bundles 7,046 MW Of Hydropower Projects To Accelerate Indonesia’s RUPTL

Indonesia's state utility is rethinking how it procures hydropower, aiming for competitive outcomes through bundled contracts.