According to people familiar with the matter, Singapore’s Sea Ltd., the software start-up that has become the most profitable business in Southeast Asia, has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi. After acquiring stakes from existing shareholders PT Danadipa Artha Indonesia and PT Koin Investama Nusantara through its subsidiary Turbo Cash Hong Kong Ltd., Sea acquired full ownership of the Jakarta-based …

PETALING JAYA: Deputy Health Minister I The office of Dr. Noor Azmi Ghazali refuted news reports via two portals that he had flouted the order for movement regulation by receiving visitors to his office in Putrajaya today.In a tweet, Noor Azmi’s office said, referring to Malaysiakini and MalaysiaPost.com, “The allegations made in the two portals are false.” Laporan berita yang …

MALAYSIA: The supply chains between Singapore and Malaysia have “no disruptions” after the latter announced further measures this week to curb the spread of COVID-19, Trade and Industry Minister Chan Chun Sing said on Wednesday (Jan 13). In the past few weeks, COVID-19 cases in Malaysia have increased by four-digit daily leaps. On Tuesday, the country recorded a staggering 3,309 …

Amidst the loss of passengers in the recent plane crash, Rear Admiral Abdul Rasyid the Chief of the First Fleet Command of the Indonesian Navy shared that he had suspended a diving mission to retrieve the crashed Sriwijaya Air Flight SJ-182 cockpit voice recorder. The suspension was made because the Baruna Jaya IV research vessel is performing a seafloor mapping …

Last year, most Bangkokians are pleased with the success of Governor Aswin Kwanmuang’s who is the Bangkok Metropolitan Administration and want him to remain on to address other persistent problems, including traffic congestion and substance addiction. This year, the governor of bangkok has announced that he is ready for a gubernatorial election, but the polling date has not been scheduled. …

The Department of Tourism declared that it would revoke the Certificate of Operating Authority of the Makati City Hotel, where New Year’s Day flight attendant Christine Dacera was found lifeless. In its resolution of January 14, the DOT stated that it found City Garden Grand Hotel in Makati City to be liable for the offense of gross and obvious bad …

Thai Prime Minister Prayut Chan-o-cha rescined the effort of Bangkok officials to repress the worsening COVID-19 pandemic by restricting restaurant dining hours even as the nation updated 745 new infections which were its single largest daily rise. For this reason, Bangkok’s restaurants will continue to go on with dine-in patrons for two more hours, until 9 pm, with the rapid …

The party of eight lawyers who will make oral arguments next week on behalf of the 37 petitioners against the anti-terrorism legislation will be headed by former Solicitor General Jose Anselmo Cadiz. In fact, in line with the order of the Supreme Court, the petitioners sent a joint statement telling the court of eight lawyers who will argue on six …

This year, the Bangko Sentral ng Pilipinas signaled a pause in its vigorous easing period, which saw it drive P2 trillion in liquidity to the financial sector to promote economic activity affected by the health crisis. Since BSP Governor Benjamin Diokno claims that the availability of money is adequate to get the economy back to its pre-pandemic scale by the …

The Indonesian Food and Drug Monitoring Agency  approved a COVID-19 vaccine produced for emergency use by China’s Sinovac Biotech, the chairwoman of the office, Penny K. Lukito. The approval for emergency use was given after a thorough review of the interim results of  Sinovac’s late clinical trials in Indonesia, Brazil, and Turkey of the vaccine. The results of Sinovac and …