Banking & FintechMore ASEAN
Southeast Asian e-commerce forecast to approach US$400 billion by 2031
A report by Xendit and Cube points to declining cash-on-delivery use and differing payment preferences across the region.
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- EconomyMalaysia
Malaysia’s ICT and e-commerce contribution reaches RM476.8 billion
The activities accounted for 23.5 per cent of GDP in 2025, as growth in the ICT economy accelerated to 5.6 per cent.
- Business & CompaniesIndonesia
Wilton Makmur plans change in indirect control through parent share placement
Maxglory Capital would become the Indonesian gold miner’s new indirect controlling shareholder under a proposed placement by Wilton Resources Corporation.
- PropertySingapore
AIMS APAC REIT distributions rise 4.9% in H1 FY2027
Distribution per unit increased 4.0% to 4.908 cents, while net property income rose 11.1% to S$75.9 million.
- Business & CompaniesIndonesia
Waskita Beton plans higher debt-to-equity conversion ceiling
The Indonesian company will seek shareholder approval on 23 October 2026 to accommodate additional claims from three trade creditors.
- EconomyIndonesia
Indonesia targets 30 banks and fintech firms for digital VAT collection
Formal appointments will depend on whether the institutions have the systems and infrastructure ready, tax chief Bimo Wijayanto said.
Philippine cash remittances rise 1.9% in August 2026
Bank-channel transfers reached US$23.424 billion in the year to date, a 2.2% increase from the corresponding period in 2025.
- Business & CompaniesPhilippines
Philippine House backs another 50-year franchise for Cebu Pacific
Lawmakers approved the bill with 289 votes in favour, none against and two abstentions. It includes fuel-risk planning and fare regulation requirements.
- EconomyPhilippines
Philippines’ payments deficit forecasts narrowed for 2026 and 2027
The central bank still expects external payments shortfalls in both years and has raised its 2026 current account deficit estimate.
- MarketsIndonesia
Rupiah opens at Rp17,900 as central bank maintains intervention
Bank Indonesia cited stronger-than-expected US inflation and oil prices above US$105 per barrel as external pressures on the currency.
