SINGAPORE NEWS HIGHLIGHTS

• Singapore refutes Indonesia claims of attempts to 'thwart' tax amnesty scheme
• Singapore finds lapses related to 1MDB dunds at banks
• Olam and Regal head out for fresh deals
• Singapore's Wilmar wilts on earnings warning
• M1 profit falls 7.2% in H1
• DBS, Singtel launch suite of resources to help SMEs

INDONESIA NEWS HIGHLIGHTS

• BSM ready to accommodate repatriated funds
• Indonesia central bank holds rates, sees 'limited' growth gains
• Algeria, Indonesia sign mining deals worth USD4.5b
• Newmont mining cuts production guidance ahead of Indonesian mine sale
• Intracom Telecom delivers enterprise customer radio connectivity for Lintasarta in Indonesia
• Telkom launches 1Gbps broadband for enterprises

THAILAND NEWS HIGHLIGHTS

• Honda extends Thai Takata airbag inflator recall
• BMW may open electric car battery factory in Thailand
• Thai TMB Bank aims to triple online customers by 2021
• Thai banks plan more 2016 branch closures than openings: central bank
• Thailand's TOT and CAT won't be merged
• True accelerates efforts to migrate fixed voice users; confirms USD973.0m two-year fibre budget

Source: Kenanga Research - 25 Jul 2016