Indonesia to unveil command centre of new capital city
The Authority of Indonesia’s new Capital City of Nusantara (OIKN) is set to launch the Nusantara Capital City (IKN) Command Centre in its fifth wave of groundbreaking on February 29 and March 1.
OIKN spokesperson Troy Pantouw said on Monday that the IKN Command Centre can operate immediately after the launch. There will be a visual view of the physical development of the situation and an analysis of the input from the media.
Apart from the IKN Command Centre, the construction of a state-owned tech enterprise will be launched while some firms from the banking sector will also start their projects this week.
According to the Nusantara Smart City blueprint, the development of this city implements a smart city concept by combining information technology and public service to improve local residents' quality of life.
The IKN master plan includes national digital transformation; physical infrastructure; and effective, responsive, and sustainable city concept. By utilising technology-supported policies, the smart city implementation can optimise every resource, improve public service, and create an innovation-friendly environment.
Smart city principles also include optimisation, integration, inclusivity, circularity, and openness that become the foundation of Nusantara's development. With these principles, the new capital city is expected to be a national identity, Indonesia's future economic driver, and a sustainable global city.
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Latvian man sentenced in Vietnam for operating loan shark ring with 1,380% interest rate
Aigars Plivěs, a Latvian national, on Monday was sentenced to two years and nine months in prison for operating three companies that offered loans with high interest rates of 401-1,379.7% per year, earning illicit gains of more than VND4.15 trillion ($163 million).
Society - Wed, December 18, 2024 | 10:37 pm GMT+7
April Tea Shop to close down amid F&B sector woes
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Companies - Wed, December 18, 2024 | 9:56 pm GMT+7
New tourism trends seen in Thailand
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Southeast Asia - Wed, December 18, 2024 | 9:37 pm GMT+7
Thailand to allow more foreign workers in business
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Southeast Asia - Wed, December 18, 2024 | 9:25 pm GMT+7
Indonesia to build first nuclear power plant
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Southeast Asia - Wed, December 18, 2024 | 9:18 pm GMT+7
Thailand announces research and innovation direction for 2025
The recent “Research X Innovation 2025” conference examined global trends and announced Thailand’s research and innovation direction for 2025.
Southeast Asia - Wed, December 18, 2024 | 8:49 pm GMT+7
Malaysia eyes to become ASEAN’s next-generation vehicle hub
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Southeast Asia - Wed, December 18, 2024 | 8:46 pm GMT+7
Thai IP developer Amata eyes clean energy cooperation with northern Vietnam province
Amata Group of Thailand on Wednesday recommended the northern province of Quang Ninh foster cooperation in clean energy development in the time to come.
Investing - Wed, December 18, 2024 | 4:54 pm GMT+7
Czech's Sev.en Global Investments to make Europe's largest energy investment in Vietnam
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Energy - Wed, December 18, 2024 | 3:43 pm GMT+7
Vietnam's Mekong Delta has immense opportunities for herbal-based medicine development: exec
The government should prioritize planning for designated growing areas and support product promotion to advance the development of products derived from medicinal herbs, said Pham Thi Xuan Huong, general director of OPC Pharmaceutical JSC.
Companies - Wed, December 18, 2024 | 2:15 pm GMT+7
Petrovietnam seeks WB support in offshore wind energy
State-owned Petrovietnam has called on the World Bank to provide support, including capital, to help with green energy projects, especially offshore wind power.
Energy - Wed, December 18, 2024 | 1:36 pm GMT+7
Masan High-Tech Materials exits its downstream business H.C. Starck
Vietnam's Masan High-Tech Materials on Wednesday announced the successful closing of the sale of 100% of H.C. Starck Holding (Germany) GmbH to Mitsubishi Materials Corporation Group.
Companies - Wed, December 18, 2024 | 1:24 pm GMT+7
New stock trading system KRX must come on stream in 2025: regulator
The State Securities Commission (SSC) of Vietnam has demanded stock exchanges and related entities to launch the new stock trading system KRX in 2025.
Finance - Wed, December 18, 2024 | 11:40 am GMT+7
Hong Kong-invested battery maker GPPD raises Vietnam investment to $35 mln
Singapore-incorporated GPPD Pte. Ltd., a subsidiary of Hong Kong-based Gold Peak Technology Group Limited, has increased its investment in Vietnam’s southern province of Binh Phuoc to $34.6 million.
Industries - Wed, December 18, 2024 | 11:17 am GMT+7
Vietnam interest rate unlikely to fall further: experts
Interest rates in Vietnam are unlikely to decrease further and may even rise slightly in the near future, according to Pham The Anh, chief economist at the Vietnam Economic and Strategy Research Center (VESS).
Economy - Wed, December 18, 2024 | 10:04 am GMT+7
Vietnam an important partner of Guangdong-Hong Kong-Macao Greater Bay area: Sunwah Group chairman
Through Hong Kong, an international financial center, Vietnamese businesses can more easily and effectively access the Guangdong-Hong Kong-Macao Greater Bay, says Sunwah Group chairman Jonathan Choi.
Economy - Wed, December 18, 2024 | 8:17 am GMT+7