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Indonesia Launches Credit Card to Challenge Visa and Mastercard on August 19
Bank Indonesia launches Indonesian Credit Card for consumers and businesses, challenging Visa and Mastercard’s market control. Eight local banks now issue the card on the QRIS payment network.
DayOne Secures S$530M Green Loan for Singapore’s First Hydrogen Data Centre
DayOne secures S$530 million green loan from DBS, OCBC, and UOB for Singapore’s first hydrogen-powered data centre. The 20MW facility will test solid oxide fuel cell technology and achieve BCA Green Mark Platinum certification.
Magnitude 7.7 Earthquake Kills 47 in Indonesia on August 15
A 7.7-magnitude earthquake struck Indonesia’s Flores region on August 15, killing at least 47 people and destroying over 300 homes. Rescue efforts continue as aftershocks persist.
Tata Motors Stock Surges Over 6%: Strong Q1 Results and Nomura Upgrade Lift Sentiment
Tata Motors shares surged more than 6% on Thursday, August 13, 2026, after a strong June-quarter performance. The stock opened nearly 3% higher at ₹470 and touched an intraday high of ₹485. Consolidated net profit jumped 83% year-on-year to ₹2,560 crore for Q1 FY27. Revenue from operations rose 19.3% to ₹20,667 crore. Nomura upgraded Tata…
Bali Ferry Fire Kills One, 172 Rescued in Lombok Strait on August 12
One dead and 172 rescued after the KM Putri Yasmin ferry caught fire in the Lombok Strait on August 12. Two Australian tourists among survivors. Second ferry disaster in Indonesia this month.
Nintendo Switch 2 Heads to Indonesia in December as Nintendo (7974.T) Makes Official Market Entry
Nintendo Switch 2 will officially launch in Indonesia this December, the company confirmed on August 11. The announcement, made in Jakarta by Nintendo executive Juro Takeuchi, marks the first time Nintendo has sold hardware there directly. Both the Nintendo Switch and Switch 2 will hit shelves through a new local partner. The move ends years…
Malaysia braces for extreme heat as Super El Niño peaks by year-end
Malaysia faces extreme heat exceeding 40°C as El Niño intensifies through early 2027. Experts warn of drought, haze, and forest fires. Government deploys 606 emergency pumps nationwide.
Indonesia Takes Over Whoosh High-Speed Rail as Losses Mount to ¥45 Billion
Indonesia’s government takes control of the Whoosh high-speed railway from state firms after losses ballooned to ¥45 billion in the first half of 2026. The transfer aims to restructure debt without burdening the state budget.
Super El Niño Cuts 2026 Atlantic Hurricane Forecast to 9 Storms on August 3
Super El Niño weakens 2026 Atlantic hurricane season forecast to 9 storms. Climate Impact Company cuts outlook as warm Pacific waters suppress tropical activity through fall.