Top News Headlines In Indonesia, Singapore And Thailand : Aug 30, 2024

INDONESIA

1.KIM alliance splinters as registration period closes -- The Jakarta Post

Registration for November’s regional elections drew to a close on Thursday with some political parties pivoting away from the Onward Indonesia Coalition (KIM) to nominate their own candidates, after a court ruling enabled individual parties and small electoral groupings to nominate candidates independently of the alliance of president-elect Prabowo Subianto and President Joko “Jokowi” Widodo.

SINGAPORE

1. It’s like a weight’s been lifted: S’pore swimmer Yip Pin Xiu after winning gold at Paris Paralympics -- The Straits Times

For a brief moment, it looked as if Yip Pin Xiu had been beaten to the S2 100m backstroke gold at the Paris Paralympics on Aug 29, after the Singaporean swimmer and Mexico’s Haidee Aceves both touched the wall at the La Defense Arena.

2. Singapore dollar could weaken in coming months, analysts say -- CNA

The relative strength of the Singapore dollar may wane in the coming months if the US economy experiences a soft landing, analysts said.

3. Co-lending makes headway as South-east Asia’s private credit space matures -- The Business Times

Private credit managers are making inroads into South-east Asia with co-lending offerings, as the industry grows and investors develop a deeper understanding of the asset class.

THAILAND

1. Tourism damage from Thai floods nears 500 million baht -- The Nation

Caretaker Tourism and Sports Minister Sermsak Pongpanit reports that ongoing flooding in the North of Thailand has caused significant damage to the tourism sector, amounting to around 491 million baht.

2. Democrat joins Pheu Thai-led government amid rifts -- Bangkok Post

The Democrat Party agreed on Thursday to join the coalition government led by Pheu Thai, a party it once considered an arch-rival.

-- BERNAMA