INDONESIA
1.RIZA CHALID ON AGO’S RADAR IN FUEL GRAFT PROBE -- THE JAKARTA POST
The Attorney General’s Office (AGO) is investigating the possible involvement of oil tycoon Riza Chalid in a graft scheme involving fuel imports at subsidiaries of state-owned oil and gas giant Pertamina that allegedly cost the country nearly US$12 billion.
2.PRABOWO VOWS TO ‘CLEAN UP’ PERTAMINA OVER ALLEGED FUEL BLENDING -- JAKARTA GLOBE
President Prabowo Subianto on Wednesday pledged firm action against the alleged practice of mixing subsidised gasoline with a higher-priced fuel product at a subsidiary of state-owned oil company Pertamina.
SINGAPORE
1.S’PORE, OTHER NODES IN HIGH-TECH SECTORS FACE COLLATERAL DAMAGE AS US TIGHTENS RULES ON CHIPS -- THE STRAITS TIMES
US President Donald Trump is this week reportedly considering tighter rules on advanced chips to China, which could further bifurcate semiconductor supply chains along geopolitical blocs, and choke off the tap to economies like Singapore that act as nodes in the long and complicated chips value chain.
2.CDL EXECUTIVE CHAIRMAN KWEK LENG BENG SAYS SON, OTHER DIRECTORS AGREE NOT TO TAKE FURTHER ACTION AFTER COURT HEARING -- CNA
City Developments Limited (CDL) executive chairman Kwek Leng Beng said his son Sherman and other directors acting with him have agreed not to take further action after a court hearing on Wednesday (Feb 26).
THAILAND
1. MPC CUTS KEY POLICY RATE TO 2% AMID ECONOMIC SLOWDOWN -- THE NATION The Bank of Thailand's MPC cuts the key policy interest rate to 2% in response to slower-than-expected economic growth. The move aims to stimulate growth, manage inflation, and support financial stability amid global competition and domestic challenges.
2. PAETONGTARN LAUNCHES NATIONAL CRACKDOWN ON VAPES -- BANGKOK POST A one-month deadline has been set for a crackdown on illegally imported and sold vapes, particularly in areas surrounding educational institutions, Prime Minister Paetongtarn Shinawatra said on Wednesday.
-- BERNAMA
