Author: Yimie Yong

Tada is one of five ride-hailing platforms licensed by the Singapore Land Transport Authority over the past five years. It secured a ride-hailing licence from Thailand's Department of Land Transportation earlier this year.

Deputy Science, Technology and Innovation Minister Mohammad Yusof Apdal said he is confident that the establishment of the JS-SEZ will play an important role in helping the Ministry of Science, Technology and Innovation (Mosti) achieve its target of creating 5,000 startup companies by the end of 2025

Indonesian minister for small and medium enterprises Teten Masduki said last week TikTok had yet to comply with the regulation.

"This suggestion is being fine-tuned by the Finance Ministry," deputy minister said.

Shein is said to be in the early stages of exploring the London option as the company has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the report added.

For global companies, rising economies represent an enormous growth opportunity, especially for digital businesses. Digital industries across the world have reached a plateau, with high levels of competition and user penetration.

"The spirit of the regulation is... to ensure a fair cooperation between media and digital platforms, provide clearer cooperation framework between them," Jokowi was quoted as saying.

By 2030, Thailand aims to convert 30 percent of its annual production of 2.5 million vehicles into EVs, according to a government plan.

GrabCar operates in 25 cities while GrabFood provides services to more than 100 cities nationwide, according to the report.

The Indonesian government aims for 600,000 EVs to be domestically produced by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.