logo
Top News Headlines In Indonesia, Myanmar, Singapore, Thailand & Vietnam: June 29, 2025

Top News Headlines In Indonesia, Myanmar, Singapore, Thailand & Vietnam: June 29, 2025

Barnama4 hours ago

The Jakarta Fair (PRJ) Kemayoran 2025, one of Southeast Asia's largest multi-product exhibitions, is aiming for Rp 7 trillion (approximately US$430 million) in transactions this year as crowds pack the venue despite a shorter event duration.
Seventy-three of the 97 people evacuated from Iran - among them an Iranian citizen married to an Indonesian - have arrived safely in Indonesia, the Foreign Affairs Ministry announced on Friday.
1. INVESTORS INVITED TO DEVELOP YANGON FILM CITY -- THE GLOBAL NEW LIGHT OF MYANMAR
The Myanmar Motion Pictures Organisation is inviting investors to develop the Film City Project in Yangon jointly. Located on 80 hectares, the project includes restaurants, recreation halls, studios, outdoor shooting sites, ethnic model houses, a miniature golf course and cinemas.
2. YANGON PORT TO WELCOME 60 VESSELS IN JULY -- THE GLOBAL NEW LIGHT OF MYANMAR
The Myanmar Port Authority announced that 60 container vessels are scheduled to call at Yangon Port in July. So far this year 362 vessels arrived at the port. The port handled 633 container vessels last year and 629 in 2023.
SINGAPORE
1. S'PORE INCREASED ITS SECURITY POSTURE AMID RISING TENSIONS FROM IRAN-ISRAEL CONFLICT: SHANMUGAM -- THE STRAITS TIMES
Singapore has increased its security posture amid rising tensions from the Iran-Israel conflict, said Coordinating Minister for National Security K. Shanmugam.
2. HOW THESE SINGAPOREANS ARE CHASING THEIR DREAMS AND CUTTING COSTS BY 'SUPER COMMUTING' BETWEEN CITIES -- CNA
Mr Rayson Koh, 29, rents an apartment in Bangkok where he lives, but every month the Singaporean flies back to the Republic to attend work meetings as a financial adviser, splitting his time between the two cities.
THAILAND
1. UN EXPOSES CAMBODIA AS HUB OF TRANSNATIONAL HUMAN TRAFFICKING AND ONLINE SCAM OPERATIONS -- THE NATION
The United Nations has issued a report implicating Cambodia as a central node in a sprawling, transnational human trafficking network that exploits victims by forcing them to work in online scam centres generating billions in illicit profits.
2. PROTEST LEADER: WE DON'T WANT A COUP BUT... -- BANGKOK POST
Leaders of a major rally held on Saturday in Bangkok are united in the belief that Prime Minister Paetongtarn Shinawatra must step down to take responsibility for the deepening border crisis with Cambodia.
VIETNAM
1. FOUR PILOTS SUSPENDED AFTER AIRPORT MISHAP -- VNEXPRESS
Vietnam Airlines has suspended four pilots after two of its planes collided at Hanoi's Noi Bai Airport on Friday when a Boeing 787 was taxiing for take-off to Ho Chi Minh City. The Boeing's wingtip and the Airbus' tail fin were damaged.
2. ONLINE GAMES PRODUCERS TARGET RM1.8 BILLION REVENUE -- VIETNAM NEWS
Vietnamese online games producers are aiming to earn RM1.82 billion (US$430 million) revenue this year after earning RM1.3 billion (US$315 million) last year. Earnings touched RM909 million (US$215 million) in the first half of this year.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nvidia insiders sold over US$1bil in stock amid market surge
Nvidia insiders sold over US$1bil in stock amid market surge

New Straits Times

timean hour ago

  • New Straits Times

Nvidia insiders sold over US$1bil in stock amid market surge

NEW YORK: Nvidia insiders sold over US$1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence, the Financial Times reported on Sunday. More than US$500 million of the share sales took place this month as the California-based chips designer's share price climbed to an all-time high, the report said. Nvidia's chief executive Jensen Huang started selling shares this week for the first time since September, the SEC filing showed. Nvidia's stock hit a record on Wednesday, and the chipmaker reclaimed the crown as the world's most valuable company after an analyst said the chipmaker was set to ride a "Golden Wave" of artificial intelligence. Its latest gains reflect the US stock market's return to the "AI trade" that fueled massive gains in chip stocks and related technology companies in recent years on optimism about the emerging technology. Nvidia did not immediately respond to a Reuters request for comment. Nvidia's shares have rebounded over 60 per centfrom their closing low on April 4, when Wall Street was reeling from President Donald Trump's global tariff announcements. US stocks, including Nvidia, have recovered on expectations the White House will reach trade deals to soften the tariffs.

Bursa Malaysia to trade in cautious mode with upside bias this week
Bursa Malaysia to trade in cautious mode with upside bias this week

The Star

timean hour ago

  • The Star

Bursa Malaysia to trade in cautious mode with upside bias this week

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to trade in cautious mode this week, but with an upside bias amid a constructive backdrop, as investors shift their focus away from the Middle East risks, an analyst said. SPI Asset Management managing partner Stephen Innes believed investors will concentrate on assessing upcoming macroeconomic data releases while awaiting the deadline for the United States' reciprocal tariff pause. "That said, the chances of an extension to the deadline are increasing given recent geopolitical distractions," he told Bernama, adding that market sentiment could also be supported by the possibility of a Federal Reserve rate cut at its July meeting. Meanwhile, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng maintains a cautiously optimistic view on the FTSE Bursa Malaysia KLCI's (FBM KLCI) near-term outlook, as the index shows signs of upward momentum. "We believe that a breakout above the 1,530 level, supported by strong trading volume and sustained price action, would be a constructive signal that the market is ready to stage the next leg of its rally," he said. For the upcoming week, Thong believes that market attention will focus on several key macroeconomic releases, both locally and internationally. "In the near term, we anticipate the FBM KLCI to trade within a range of 1,510 to 1,540," he added. On a weekly basis, the barometer index advanced 25.42 points to 1,528.16 from 1,502.74 in the preceding week. The FBM Emas Index expanded 169.81 points to 11,398.80, the FBMT 100 Index 165.91 points to 11,181.36, and the FBM Emas Shariah Index garnered 139.79 points to 11,341.13. The FBM 70 Index climbed 152.91 points to 16,270.66 and the FBM ACE Index rose 73.91 points to 4,474.76. Across sectors, the Financial Services Index jumped 268.72 points to 17,737.10, the Plantation Index surged 108.50 points to 7,329.02, the Healthcare Index edged up 17.70 points to 1,709.59, and the Industrial Products and Services Index perked up 4.71 points to 151.98. However, the Energy Index declined by 3.03 points to 732.68. Turnover for the shortened trading week narrowed to 11.68 billion units worth RM8.45 billion from 13.72 billion units worth RM10.84 billion in the preceding week. The Main Market volume dropped to 5.40 billion units valued at RM7.39 billion against 6.29 billion units valued at RM9.63 billion previously. Warrants turnover tumbled to 4.96 billion units worth RM655.61 million versus 6.16 billion units worth RM845.61 million a week ago. The ACE Market volume slipped to 1.07 billion units valued at RM399.48 million compared with 1.25 billion units valued at RM361.21 million a week earlier. - Bernama

Ringgit to trade around RM4.22 to RM4.23 and be firmer against the US dollar from Monday (June 30)
Ringgit to trade around RM4.22 to RM4.23 and be firmer against the US dollar from Monday (June 30)

The Star

timean hour ago

  • The Star

Ringgit to trade around RM4.22 to RM4.23 and be firmer against the US dollar from Monday (June 30)

KUALA LUMPUR (Bernama): The ringgit is expected to trade firmer next week following the US labour market data, an analyst said. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said investors would pay attention on two key developments, namely the Nonfarm Payrolls (NFP) and the unemployment rate - and the expiry of the 90-day pause on US tariff implementation. "The labour market data will be pivotal in shaping expectations for the US Federal Reserve's policy direction, with greater emphasis likely to shift towards supporting maximum employment "With signs of a softening global and US economy emerging, investor sentiment is expected to remain cautious heading into the second half of 2025,' he told Bernama. Mohd Afzanizam said the US job market is showing moderation, with the monthly average NFP standing at 123,800 in the first five months of 2025, down from 179,600 in the same period last year. The unemployment rate had risen from 4.0 per cent in January to 4.2 per cent in March this year, he added. On the currency front, he said the ringgit has shown resilience this week, rebounding from RM4.2948 against the US dollar on June 23 to RM4.2327 on June 26, marking a 1.5 per cent appreciation. "With the US Dollar Index (DXY) on a softer trajectory, we anticipate the ringgit could trade firmer around RM4.22 to RM4.23 in the coming week,' he said. The ringgit ended the week higher against the greenback, closing at 4.2300/2355 on Thursday from 4.2505/2565 last Friday. The local note traded lower against a basket of major currencies. The ringgit depreciated vis-à-vis the Japanese yen to 2.9359/9399 from 2.9245/9289 at last Friday's close, shed against the British pound to 5.8141/8217 from 5.7356/7437 previously, and slid versus the euro to 4.9597/9661 from 4.9000/9069 at the end of last week. The ringgit also traded lower against Asean currencies. The local note dropped against the Singapore dollar to 3.3192/3240 on Thursday from 3.3088/3140 last Friday, and weakened versus the Thai baht to 13.0254/0488 from 12.9727/9969 last week. It fell versus the Indonesian rupiah to 260.9/261.4 on Thursday from 259.2/259.7 last Friday and was marginally lower against the Philippine peso at 7.47/7.49 compared to 7.43/7.45 previously. The market was closed on Friday for the Maal Hijrah public holiday. -- Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store