Toey Wattana Mongkhonnam began thinking about outfitting his family home in Thailand’s northeastern province of Yasothon with solar panels during the Covid-19 pandemic. In his household of five, electricity use rises with the day’s heat, and the monthly bill could range from 1,000 baht to 1,500 baht (US$30 to US$45). “Back then, I checked prices and a rooftop panel system that could put out enough power to run my household’s appliances could cost 100,000 baht to 200,000 baht,” said Toey, a Muay...

The next portfolio concentration problem may not come from investors staying too close to home, but from millions of investors becoming familiar with the same handful of global companies. For decades, one of the most persistent puzzles in investing has been home bias. Investors have traditionally tended to allocate disproportionately to companies and assets from […] The post Reverse home bias: Why Southeast Asia’s digital investors may be diversifying in the wrong direction appeared first on e27.

While starting salaries for fresh graduates and entry-level workers in Singapore continue to creep upwards, the number of people in entry-level roles is shrinking, according to new data, indicating an increasingly tough job market for those at the start of their careers. Data published last month by global professional services firm Aon showed a 2.5 per cent year-on-year salary increase for entry-level employees, alongside a 3.2 per cent drop in entry-level headcount. The findings come as...

Inside a car wash lounge in the southern Philippine city of Davao, Shenilane Formento scrolls through messages on her Chinese-made Oppo phone as she waits for a customer to pay. Formento, 29, has worked as a cashier for about a year. She follows developments in the South China Sea through news reports shared on her social media feeds, including frequent confrontations between Philippine and Chinese forces in the disputed waters. While she found such incidents “disappointing”, she ultimately...

Brunei’s measured defence ties with Beijing reflect its low-key approach to South China Sea disputes, with analysts saying that goals such as peacekeeping offer the safest room for both sides to maintain diplomacy. A meeting between Bruneian and Chinese defence officials in Beijing last week, when both nations pledged closer practical cooperation and support for regional stability, underscored that tact. But observers also expect ties to remain modest, constrained by maritime claims and Bandar...

The lawyer for an Indonesian businessman arrested in Singapore for allegedly using counterfeit S$10,000 (US$7,830) notes at a casino has said his client was a victim of fraud himself. The businessman, identified only as Steven, is accused of exchanging 34 fake S$10,000 notes for chips over three visits to the Resorts World Sentosa casino in June. The notes were accepted but later found to be counterfeit. His lawyer, Dosma Sijabat, told Tempo news magazine on Tuesday that the fake bills did not...

A Malaysian tofu pudding seller has pledged to donate 10,000 ringgit (US$2,452) to help former prime minister Najib Razak cover his 50 million ringgit fine, describing the contribution as a personal payback for a lifeline extended to him 14 years ago. In a social media post, Sunny Seow, founder of the Sunnycoco brand, shared that his motivation stemmed from a pivotal moment in 2012 when he was serving a sentence in Perak state’s Manjung for past mistakes. During a visit by Najib to the area that...

Seedstars has named the 15 ventures joining the third cohort of SEED Inclusivity, its accelerator for startups building products and services for people with disabilities across Asia Pacific. Supported by Visa Foundation, the six-month programme brings together companies linked to India, Indonesia, Pakistan, the Philippines, Singapore and Vietnam. The cohort covers a wide range of […] The post Southeast Asia gains ground in Seedstars’s disability inclusion accelerator appeared first on e27.

The Philippine ⁠Senate, sitting as an impeachment ⁠court, on Wednesday lowered the number of votes needed to convict Vice-President Sara Duterte, reducing the threshold prosecutors must clear to secure a guilty verdict. The court ruled that only ‌senator-judges able to take part in the trial should be counted when determining the threshold for conviction. Four of the 24 senator-judges have been unable to take part in the proceedings and cannot vote. The decision means prosecutors now need 14...

A scam rarely begins with a dramatic breach. More often, it starts with something ordinary: a Facebook page selling discounted skincare, an Instagram post promising easy investment gains, or a message from a group that claims to have found a way to beat the market. By the time victims realise what has happened, the people […] The post Meta, Singapore Police disrupt 3.7M scam-linked assets across Facebook and Instagram appeared first on e27.