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Jakarta. Indonesia is ramping up efforts to attract Japanese investment across various sectors, with President Prabowo Subianto hosting members of the Japan-Indonesia Association (Japinda) and the Japan Jakarta Club (JJC) at the Presidential Palace this week. The meetings discussed commitments from Japanese businesses to deepen their engagement in Indonesia’s economic development, focusing on automotive, energy, agriculture, and infrastructure projects. Chief Economic Affairs Minister Airlangga Hartarto announced on Thursday that Toyota Tsusho, the trading arm of Toyota Group, has pledged its support for Indonesia’s automotive sector. The commitment includes initiatives to develop a national car and expand access to international markets.…
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El Salvador’s President Nayib Bukele. (AP Photo/Salvador Melendez, File) El Salvador President Nayib Bukele has disclosed that the nation’s Bitcoin holdings have exceeded $600 million in valuation. Sharing a screenshot on X, the President Nayib Bukele highlighted the significant increase in the Bitcoin portfolio, which occurred alongside cryptocurrency surpassing the $100,000 milestone for the first time.Having initially invested around $269.7 million in Bitcoin, El Salvador now boasts a current valuation of approximately $603 million, yielding an unrealized profit of over $333 million. According to Arkham Intelligence, El Salvador’s Bitcoin holdings currently stand at nearly 6,000.Tesla and SpaceX CEO Elon Musk,…
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers…
DA LAT IS A PRETTY CITY RENOWNED for its temperate climate, striking architecture, and lush natural landscapes in Vietnam’s Central Highlands. Kengo Kuma is one of the world’s most famous architects, celebrated for harmonizing structures with their natural surroundings. It is only fitting that this conscientious designer has had a key role in creating Haus Da Lat, the country’s inaugural ESG-certified tourist destination. Nestled in the heart of the city, overlooking the tranquil Xuan Huong Lake, this ambitious development also boasts collaborations with Isometrix, 1508 London, and Chiva-Som—marking a pivotal moment for Vietnam’s blooming tourism industry in a city beloved…
Gardens by the Bay’s Christmas Wonderland is back for the 11th year. It is one of Singapore’s biggest Yuletide events, attracting over five million visitors since its debut. Expect traditional carnival games and rides, more than 20 food and beverage stalls, and around 15 retail kiosks. What distinguishes Christmas Wonderland from other festive markets is its impressive light displays. You pay to enter a zone of light installations, such as giant gift boxes, white arches, a trio of “Merry Bears”, the largest of which is nearly 6m tall, and a giant ice skate. The centrepiece is the 20m-tall Spalliera light…
In July 2026, a new regime will take effect in California, where Biesk’s family lives, requiring residents to obtain a license to take part in “digital financial asset business activity,” including exchanging, transferring, storing or administering certain crypto assets. President-elect Donald Trump has also promised new crypto regulations. But for now, there are no crypto-specific laws in place.“We are in a legal vacuum where there are no clear laws,” says Andrew Gordon, partner at law firm Gordon Law. “Once we know what is ‘in bounds,’ we will also know what is ‘out of bounds.’ This will hopefully create a climate…
Asian markets down as traders assess crisis in South Korea; India central bank holds rates steady and cuts banks’ cash reserve ratio; Chinese stocks jump ahead of stimulus hopes and rate cut bets.Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.Written and hosted by: Emily Liu ([email protected])Recording engineer: Chai Pei ChiehProduced and edited by: Claressa MonteiroProduced by: BT Podcasts, The Business Times, SPH MediaBT in your inboxStart and end each day with the latest news stories and analyses delivered straight to your…
As businesses worldwide navigate the pressing challenges of climate change and societal expectations, the integration of Environmental, Social, and Governance (ESG) principles has become a cornerstone for sustainable growth. Recognising this pivotal shift, Times Now Global Sustainability Alliance is set to host the inaugural Times Now ESG Impact Summit 2024 on December 11th at the Roseate Hotel in Delhi, with the theme: “Progressive ESG: Essentials for a Sustainable Future.” This summit aims to be a transformative platform where thought leaders, industry experts, policymakers, and sustainability practitioners will converge to explore the essential role of ESG frameworks in driving impactful action. It underscores…
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers…