JAKARTA, Sept. 27 (Xinhua): The Indonesian capital market recorded 2.3 million more investors during about one and a half years of the Covid-19 pandemic, bringing the total to 6.1 million, according to the Financial Services Authority (OJK). "This is based on a Single Investor Identification (SID) owned by investors," Tirta Segara, a member of the OJK Board of Commissioners for Consumer Education & Protection, said in an online discussion on Monday. The increase in new investors in the capital market generally came from the millennial group, he said, calling on relevant parties to take advantage of the high participation of those in productive ages in the capital market and any economic activities. Segara expressed hope that the high number of people with productive ages between 15 and 64 years old in Indonesia would lead the country to a golden era as there are more unicorns in the Southeast Asian nation. Indonesia is currently enjoying a demographic bonus with such a ... » Learn More about Indonesia’s capital market records 2.3 million more investors during pandemic
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Presidential aspirant Isko Moreno has been on the receiving end of criticism for what people call fence-sitting or a lack of categorical answers when it comes to issues like Leila de Lima and the Duterte war on drugs. He’s been called “Duterte Lite” or “Duterte 2.0” as people speculate that his lack of clarity is proof that he is a puppet being controlled by President Rodrigo Duterte or that he would adopt his controversial policies if elected into Malacañang. Then there’s the sneering at a man once invited by opposition coalition 1Sambayan and suspected of being impostor who does not represent the “true opposition.” Veteran journalist and Inquirer columnist John Nery wrote that there's no way Isko can now be considered an opposition candidate. Two political analysts say fence-sitting is nothing new and Moreno likely won’t be the only candidate to be accused of this in the months ahead. With President Duterte still enjoying fairly high ... » Learn More about Duterte Lite: Is fence-sitting a sin or strategy in 2022 elections?
The US-ASEAN Expanded Economic Engagement (E3) Initiative is a framework to promote increased trade, investment, and economic cooperation between the US and ASEAN. The E3 Initiative was originally launched at a US-ASEAN Leaders Meeting in Cambodia in 2012. It was part of then-US president Barack Obama’s “pivot to Asia” policy, as his country sought to make Southeast Asia a higher strategic priority in its foreign policy. Here, we offer an overview of the E3 Initiative and its importance for foreign investors in Southeast Asia. The E3 Initiative at a glance The US made the E3 Initiative a priority in 2012 to signal the country’s economic and political commitment to Southeast Asia, which had historically been uneven. Although the US and ASEAN already had a Trade and Investment Facilitation Agreement (TIFA) in place since 2006, the E3 Initiative promised increased efforts to facilitate trade and investment, strengthen the efficiency and competitiveness of trade flows and ... » Learn More about The US-ASEAN Expanded Economic Engagement Initiative
An online celebrity famous for her work with children in rural schools in central China has been exposed for collecting donations from the public without a charity licence. Gina Long Jingjing, who has a master’s degree in social work from New York’s Columbia University, which she has used to build her profile, was previously hailed in China as the “most beautiful rural teacher” with an overseas degree. Earlier this month a man surnamed Xu tipped off the Changsha Civil Affairs Bureau that Long’s company had collected donations from the public even though it was not a licensed charity, Thepaper reported. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Long’s previously pristine image has taken a hit since the story broke, with many people accusing her of using disadvantaged children ... » Learn More about China’s ‘most beautiful teacher’, famed for work in poor schools, exposed collecting money with fake charity
SINGAPORE - Temasek is working with regulators and companies to explore greener fuels for the aviation and maritime industries as they are one of the key drivers for reducing carbon emissions. Developing sustainable fuels is "absolutely critical" for Singapore given the Republic's status as a maritime and aviation hub, said Temasek's head of transportation and logistics Juliet Teo on Tuesday (Sept 28) during a panel discussion at Ecosperity Week, a three-day hybrid sustainability conference organised by the state investor. Temasek is working with the Maritime and Port Authority of Singapore to explore decarbonisation solutions for the shipping and port industry, and has collaborated with the Government to study sustainable aviation fuels and how to scale them up, she said. Mr Peter Vanacker, chief executive of Finnish biofuel producer and oil refiner Neste, said his firm is in "intensive discussions" with Temasek, the Singapore government, Singapore Airlines and Changi Airport ... » Learn More about Greener aviation and shipping fuels ‘absolutely critical’ for S’pore: Sustainability conference
An online celebrity famous for her work with children in rural schools in central China has been exposed for collecting donations from the public without a charity licence. Gina Long Jingjing, who has a master’s degree in social work from New York’s Columbia University, which she has used to build her profile, was previously hailed in China as the “most beautiful rural teacher” with an overseas degree. Earlier this month a man surnamed Xu tipped off the Changsha Civil Affairs Bureau that Long’s company had collected donations from the public even though it was not a licensed charity, Thepaper reported. Long’s previously pristine image has taken a hit since the story broke, with many people accusing her of using disadvantaged children to personally profit. In a Weibo post written on Saturday (Sept 25), Long, 28, admitted to breaking the law when she published a QR code online to accept donations, but she defended her actions by saying she was unaware she was breaking the law. ... » Learn More about China’s ‘most beautiful teacher’ exposed for collecting money with fake charity