🇮🇩 A 41% slide, then the founder sold: Haji Isam takes 30% of Indonesia's Bayan Resources — Tempo · Permalink
Low Tuck Kwong and his daughter agreed to sell 10,000,000,500 shares to Jhonlin Baratama, the South Kalimantan coal group Haji Isam controls. The family's holding drops from 62 percent to 32. The stake is worth US$6.5 billion.
🇸🇬 Alphabet bets a monsoon city can be mapped: Waymo brings robotaxis to Singapore in 2028 — Vulcan Post · Permalink
Waymo will start with Jaguar I-PACE electric SUVs in Labrador and HarbourFront, in western Singapore. Specialists drive them manually through 2027 to learn the road layouts and monsoon conditions before the Land Transport Authority decides on approval.
Positive-sum angle: Waymo needs a year of human drivers, local maintenance crews and mapping staff before a single paid ride — anyone running a fleet-operations or vehicle-servicing outfit in Singapore has a 2027 customer who does not exist yet.
🇸🇬 Japan's SBI is buying into stablecoin rails, not tokens: dtcpay's Series A extends to US$25M — TNGlobal · Permalink
The Singapore payments firm moves stablecoins, digital tokens pegged to the dollar, for merchants under a local licence. SBI Group, Genedant Capital and existing backer Kwee Liong Tek joined the round Vertex Ventures led in April.
💰 Singapore's Thunes goes where banks won't: payouts open to Syria, Lebanon, South Yemen and three more — TNGlobal · Permalink
The payouts now reach Bahrain, Lebanon, Oman, South Yemen, Syria and the UAE, landing in bank accounts, mobile wallets and cash pickup points in local currency. Lebanon alone receives about US$7 billion in remittances a year.
Positive-sum angle: Any SEA operator paying contractors or suppliers in the Gulf has been routing through a correspondent bank that charges for the privilege; a Singapore-licensed payout rail into six of those markets is a second line to price against.
