Southeast Asia's largest telecom said net proceeds from the divestment were estimated to be about $197 million after the deal closes by September

The traders have been critical of the gap between the market rate and the regulated exchange rate of the local kyat and US dollar, The Global New Light of Myanmar said.

Next Gen has previously sold its products to restaurants in the UK and the Netherlands, as well as Singapore, the US, Hong Kong and the United Arab Emirates

Financial services authorities have set a minimum capital requirement for lenders at a 25 billion rupiah ($1.67 million), much higher than the previous 1 billion rupiah

The two bourses said they would explore new exchange-traded fund (ETF) products and jointly promote environmental, social and governance (ESG) themes.

Zipmex is the latest in a string of crypto players globally to run into difficulties following a sharp selloff in markets that started in May

Azis Armand, chief executive of Indika, Indonesia's third biggest coal producer, said a feasibility study for the proposed joint venture is being prepared

The factory is expected to begin producing the increasingly popular cylindrical batteries starting in 2024, Samsung SDI said in a statement

MAS chief executive Izham Ismail has said Malaysia was looking to make a decision on a one-for-one replacement of its A330 fleet by late July

Ravi Menon, managing director of the Monetary Authority of Singapore, pushed back at reports that regulators missed the failings of crypto hedge fund Three Arrows Capital

Law minister Wan Junaidi Tuanku Jaafar said the French court's stay would prevent award from being enforced as Malaysia works to set aside ruling

Transportation Undersecretary Cesar Chavez said development aid loan deals for three projects were deemed "withdrawn" after China "failed to act on funding requests"