Jakarta. Flash Coffee, a coffee chain backed by Rocket Internet, plans to add more outlets in Indonesia and expand in more countries in Asia after securing $15 million in Series A funding led by White Star Capital, the company said in a statement on Wednesday. Flash Coffee is the latest coffee chain to compete in Indonesia’s […]
Read MoreKUALA LUMPUR, April 7 — The World Health Organisation (WHO) has come out against vaccine passports, for now, saying they may exacerbate unequal access to vaccines in many countries. Speaking at a virtual press conference in conjunction with World Health Day, Regional Emergency director for the WHO Western Pacific Region (WPR), Dr Babatunde Olowokure said […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysian Government has approved a total of 7,266 applications for MYR1.366 billion in loans under the Small and Medium Enterprises (SMEs) initiative of the National Economic Regeneration Plan (PENJANA) as of March 19. Malaysian Finance Minister Zafrul Abdul Aziz said the government had allocated MYR2 billion under the programme, which […]
Read MoreSINGAPORE, April 6 — Parliamentarians on both sides of the aisle yesterday backed Singapore’s US$20.57 million (RM85 million) contribution to support International Monetary Fund (IMF) initiatives aimed at helping vulnerable and low-income countries cope with the economic impact of Covid-19. The Monetary Authority of Singapore (MAS) had first announced this initiative on March 31, and […]
Read MoreMANILA, Philippines — Retail prices of consumer goods in Metro Manila rose at a faster pace in February, the Philippine Statistics Authority (PSA) said. In a report, the PSA said the General Retail Price Index (GRPI) in the National Capital Region (NCR) in February grew at 1.4 percent, faster than the 1.3 percent rate in […]
Read MoreIndonesia’s rupiah led declines for most of Asia’s emerging currencies on Thursday after a contentious proposal to expand the central bank’s mandate, that in the past sparked worries on its independence, received fresh support from the President. Stock markets in the region broadly edged higher, though Philippine equities, which have risen for three straight sessions, […]
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