Amman Mineral is the biggest newcomer to Indonesia’s stock exchange since GoTo Group in April 2022. IPOs in Jakarta have raised US$2.2 billion since the start of the year, surpassing activity in Hong Kong.
Cambodia’s anti-Facebook vendetta hits new highs with ban, blacklisting of oversight board members
The blacklisting is the latest twist in a row that has seen Cambodia’s long-time leader Hun Sen, once a prolific Facebook user, switch to rival social media platform Telegram.
Vietnam farmers beat the 37-degree heat – by planting rice in the dark
Another heatwave has descended on northern Vietnam, leaving exhausted farmers with little choice but to take to their waterlogged fields in the dead of night, to sew rice by the light of their headlamps.
As Singapore’s Orchard Towers closes its nightclub doors, sex workers worry for their futures
In its heyday, Orchard Towers was full of go-go bars, strip clubs and discos. Now, the nightclubs that remain have until the end of the month to move out – leaving exotic dancers, live bands and sex workers in the lurch.
Singapore’s Lawrence Wong succeeds Tharman at MAS central bank, GIC sovereign wealth fund
The city state’s deputy prime minister – widely seen as its next leader-in-waiting – will become chairman of the Monetary Authority of Singapore and sovereign wealth fund GIC Pte’s investment strategies committee.
Singapore home prices ease slightly for first time since pandemic began – as public housing posts more gains
Private property values slid 0.4 per cent in the second quarter of this year – the first decline since the outbreak of the pandemic. Resale prices for public housing, meanwhile, recorded their 13th straight quarter of gains.
Pakistan’s politics seen key to deliver on new IMF aid programme
The government’s ability to stay on track with reforms will be tested ahead of a coming national election that will need to go smoothly, analysts caution.
East Timor’s independence hero Gusmao returns to power as prime minister
Former guerilla leader Xanana Gusmao was sworn into office by President Jose Ramos-Horta, his fellow independence fighter during Indonesia’s occupation.
25 dead after India bus crashes into pole and catches fire in Maharashtra
The vehicle was travelling to Pune when it hit a pole and overturned on a highway, causing its diesel tank to catch fire.
Singapore cements its Asian concert hub status with Coldplay, Taylor Swift gigs – if you can find a ticket
The city state’s stability, location and world-class infrastructure help draw top stars to its shores. But tickets can be hard to find, and overnight stays aren’t cheap.