Southeast Asia
France returns to top of FIFA rankings, Indonesia stays at 122
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FIFA released its latest world rankings on April 2, 2026, with France rising to first place after positive friendly results. Spain dropped to second and Argentina to third. Indonesia's national team held steady at 122nd with 1144.88 points despite competing in the FIFA Series 2026.
Chinese state media have pushed back against criticism that the hit film Dear You is a propaganda tool, as the movie prepares for release in Singapore and other Southeast Asian markets on Thursday.
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The Teochew-language film Dear You has drawn large audiences in China while prompting discussions about soft power across Southeast Asia. Released on April 30, it has earned over 1.6 billion yuan there.
With the Pinglu Canal nearly complete, China is now considering an even larger project: the Xianggui Canal. This 300km waterway would extend access from central provinces to the Beibu Gulf, forming a 3,200km corridor.
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Hong Kong's Financial Services Development Council (FSDC) recommends that the city pitch Southeast Asia and the Middle East for more global listings and issue long-term bonds to attract patient capital. New vice-chairman Rocky Tung Yat-ngok said Indonesia would be the first target market, given its large population and strong mining and Islamic finance sectors.
Robinhood is expanding into Indonesia by acquiring two local firms. The purchases of PT Buana Capital Sekuritas and PT Pedagang Aset Kripto represent the company's largest move in Southeast Asia.
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Korean food company CJ Cheiljedang has partnered with Thailand's largest retailer CP Axtra to expand its K-food business in Southeast Asia. The deal involves introducing an expanded lineup of Bibigo products through CP Axtra's sales networks. The partnership is set to broaden into neighboring markets like Malaysia and the Philippines.
Thailand seeks deeper partnership with Korea through investment and innovation
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April 29, 2026 00:36Japan's defense minister to visit Indonesia and Philippines
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