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The European Union is set to ban the use of halogen bulbs and households are expected to switch to more energy-efficient lights, starting next month. A continent-wide switchover to light-emitting diodes (known as LEDs) is underway that will slash emissions and energy bills, according to industry, campaigners and experts. LEDs consume five times less energy […]

Singapore-born writer Kevin Kwan, whose book inspired the movie Crazy Rich Asians, defaulted on his national service obligations, the Ministry of Defence said on Wednesday in response to queries from The Straits Times. “Mr Kevin Kwan failed to register for National Service (NS) in 1990, despite notices and letters sent to his overseas address. He […]

As emerging markets take a battering from Turkey’s turmoil, sending stocks and bonds toward their lowest this year, traders are positioning themselves to ride out the pain. Traders pushed down the value of emerging market assets Monday as Turkish assets sank, before stabilizing on Tuesday. The carnage in Turkey added to an already fragile landscape […]

The People’s Bank of China is tackling a problem it rarely had to worry about until recently — persuading banks to lend the money they have. Thanks to the central bank turning on the liquidity taps, the cost for banks to borrow from one another is now lower than the cost to borrow from the PBOC, […]

In the first half of this year, Indonesia booked US$9.48 billion in investment in the energy and mineral resources sector, only 25 percent of the full-year target of $37.2 billion. The oil and gas sector contributed the most to the total investment at $5.11 billion, followed by electricity at $2.83 billion. Meanwhile, the mining and […]

With no end in sight to trade tensions between the United States and China, domestic tire producers may bear the brunt of the spat as a revision to a ministerial regulation has made it easier for tire products to enter the Indonesian market, Fitch ratings agency has said in a statement. Trade Ministry Regulation No. […]

DNFP Law Offices  Dewi Negara Fachri & Partners (“DNFP”) is an Indonesian commercial law firm providing a full range of high quality, commercial legal services to Indonesian, regional and international clients. Since June 1 2016, DNFP is in an association with Hogan Lovells, a leading global law firm with a strong reputation for advising on award-winning […]

The Turkish lira sank to a fresh record low of 7.24 to the dollar in early Asia Pacific trade, as investor worries over the state of the economy and deteriorating ties with the United States continued to drag down the currency. By 1903 GMT on Sunday – early Monday morning in the Asia Pacific – […]