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Welcome again to Strait Up, our weekly publication that is smart of what’s happening in Southeast Asia.
This week, we’re speaking about three issues: shifting capitals, onions, and digital wallets.
In Indonesia, the huge undertaking to maneuver the nation’s capital from Java to Borneo is gaining traction once more after a slowdown throughout the pandemic. Nadine writes about what the results might be—together with on Indonesia’s relationship with Malaysia, financing, and rising contract alternatives within the new metropolis.
Within the Philippines, a kilo of onions is now price greater than the nation’s minimal wage. Isa reviews on how issues acquired right here, and why a long-term resolution doesn’t appear in sight. And eventually, in Malaysia, Axiata’s fintech arm Enhance plans to swim towards the tide of cooling e-wallet utilization—by launching a B2B pockets.
Let’s dive in!
Lead picture credit score: Wikimedia Commons
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