Business

India’s E-bike Yulu eyes expansion as it closes in on profitability

  By Reuters and published by CNA Bengaluru – E-bike rental startup Yulu, which is looking to go public, expects to turn operationally profitable by September and plans to expand its presence in India and abroad with Thailand and Indonesia being among the countries that look interesting, its chief executive said. The startup, which currently

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Local news

Anti-Apec group submits letter to 8 embassies on quelling demonstration

  REPRESENTATIVES of the People Stop Apec group submitted a letter to eight embassies today (Nov. 28) on the violence used by government officials in dispersing their protest march on Dinso road on Nov. 18 and urged their leaders to take a stance on this incident, Matichon newspaper said. The embassies are France, Malaysia, Canada,

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World news

Indonesia quake kills more than 50, wounds hundreds, destroys homes

  By Reuters and published by Investing.com Jakarta – A 5.6-magnitude earthquake killed more than 50 people and wounded hundreds in Indonesia’s West Java province today (Nov. 21), with rescuers trying to reach survivors trapped under the rubble as aftershocks hit. West Java Governor Ridwan Kamil confirmed 56 deaths from the quake, whose epicentre was

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World news

India bids to sell fighter jets to Malaysia, says 6 other countries interested

  By Reuters and published by The Star New Delhi – India has offered to sell 18 light-combat aircraft (LCA) “Tejas” to Malaysia, the defence ministry said on Friday (August 5), adding that Argentina, Australia, Egypt, the United States, Indonesia, and the Philippines were also interested in the single-engine jet. The Indian government last year

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World news

Indonesia and Russia to build $22b refinery in East Java among other projects

   By Wahyudi Soeriaatmadja, The Straits Times Jakarta – Indonesia and Russia are set to work together on several projects, even as the West is isolating Russia in response to its invasion of Ukraine. Indonesian state-owned oil company Pertamina and Russia’s Rosneft Oil Company are going ahead with their project to build a refinery in

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World news

Indonesia parliament passes bill on new capital, paving the way for construction to begin

By Channel NewsAsia Jakarta – The Indonesian parliament passed a bill on the country’s planned new capital in eastern Kalimantan today (Jan. 18). This means that the construction of the new capital can soon begin, ahead of the planned relocation from the current capital of Jakarta starting 2024. Speaking in parliament, House of Representatives Speaker

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World news

Asean ministers pick Brunei diplomat as envoy to Myanmar

By Agencies and published by Channel NewsAsia Kuala Lumpur – Southeast Asian foreign ministers today (August 4) picked Brunei Second Foreign Minister Erywan Yusof as their special envoy to Myanmar, in a breakthrough after months of delay for regional mediation to help end the country’s deepening crisis. Erywan has been tasked with ending violence in

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