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News

Founder Energy Enters Bidding For Malaysia’s LSS6 Programme

Asia Pacific Express -
LSS6 pairs 2,500 MW of solar capacity with 1,250 MW of mandatory battery storage for the first time.

Indonesia’s Pertamina Adjusts Fuel Prices Under Government Formula

Asia Pacific Express -
Dexlite and Pertamina Dex saw the sharpest increases, both rising by more than Rp4,000 per liter.

SBI Holdings Takes 20 Percent Stake In Ajaib For USD270 Million

Asia Pacific Express -
Ajaib's total funding since its 2019 founding now tops $500 million following a new $270 million investment from Japan's SBI Holdings.

Axiata’s Boost Holdings Lands Development Finance Backing

Asia Pacific Express -
Axiata's Boost Holdings has landed a preference-share investment from IFC, the World Bank Group's private-sector arm.

Henry Yu On Uniworld’s Indonesia Strategy Amid Currency Pressure

Asia Pacific Express -
Managing director Henry Yu says Uniworld aims to move Indonesia into its top three Asia source markets for river cruising.

Indonesia’s Sovereign Fund Grows Powerful, Disclosure Lags

Asia Pacific Express -
Indonesia's sovereign wealth fund is set to remit $6.8 billion to the state budget this year, even as its books remain unpublished.

National Assembly Backs Ninh Thuan Restructuring With Near-Unanimous Vote

Asia Pacific Express -
Ninh Thuan 1 and Ninh Thuan 2 will now proceed under separate investment approval processes, with EVN and PetroVietnam as designated investors respectively.

Islamic Banking Veteran Appointed Chairman Of Bank Islam Malaysia

Asia Pacific Express -
A veteran of conventional and Islamic banking now leads the board of Malaysia's oldest Islamic bank.

Vietnam’s Techcombank Weighs Foreign Investment At Double Book Value

Asia Pacific Express -
Vietnam's foreign ownership caps are shaping how a potential Techcombank stake sale could be structured.

Bangkok Signals Renewed Focus On Vietnam Market

Asia Pacific Express -
Two of Southeast Asia's largest tourism markets are strengthening connectivity through Vietnam's premier trade expo.
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