Singapore
Stablecoins are commonly used by crypto traders to move funds between tokens.
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Nvidia hits $4 trillion in market value underscoring Wall Street's faith in AI
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Indonesia's Chandra Daya plans ports, shipping expansion after $146m IPO
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Meituan bets big on embodied intelligence with TARS, Galaxea AI mega deals
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For India's young and rich, private markets are the new happy hunting grounds
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India Digest: Zepto in talks to raise up to $500m; JSW Ventures targets up to $52m Fund III
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Drivers protest Indonesia’s planned ride-hailing fare hikes—it’s the platform fees that hurt
Temasek disappointed by eFishery’s debacle that spooked SE Asia
Vietnamese startup 1Office raises $3m from Redbadge Pacific, others
Indian dairy startup Country Delight said to be in talks with GIC, TPG
VinFast’s V-GREEN targets sixfold increase in EV charging ports in Vietnam
The moves are designed to keep Singapore attractive as a hub for the finances of the wealthy.
India
Starlink will be the third company to receive India’s nod to enter the space.
Indonesia
Tariff rates remain unchanged at 32% for Indonesia and 36% for Thailand, effective August 1.
E-commerce platforms will be liable to withhold tax directly from sellers under the new plan.
World
TikTok has developed a plan to launch the new app to US app stores on Sept 5.
Malaysia
Move based on fears that the tech could be diverted to China.
Sebi has seized $567 million of the US firm’s funds.
Vietnam
Nike and Adidas source shoes and clothes from Vietnam.
Sebi has impounded an unprecedented $566.71m from Jane Street.
