China’s Mega Dam Aims to Expand Regional Influence

MACROECONOMY
China’s Mega Dam Aims to Expand Regional Influence
China’s new mega dam on the Tibetan Plateau, expected to be the world’s largest, aims to boost Beijing’s regional influence by supplying electricity to Southeast and South Asia while promoting clean energy. Analysts say it could deepen economic ties with power-hungry neighbours but has raised concerns over water security and ecological risks for downstream countries like India and Bangladesh, amid ongoing border tensions. (SCMP)

INDUSTRY
Russia Temporarily Barred Foreign Oil Tankers from Black Sea Ports Under New Regulations
Foreign oil tankers were temporarily blocked from loading at Russia's main Black Sea ports following new FSB approval requirements signed by Putin on Monday, affecting over 2% of global oil supply including Kazakh exports via CPC consortium. The restrictions impact operations of Caspian Pipeline Consortium whose shareholders include Chevron and ExxonMobil, with industry sources expecting resolution within days amid fresh EU sanctions on Russia. (Reuters)

COMPANY
Pantai Indah Kapuk (PANI) Reportedly Set to Launch Rights Issue by End-2025
PANI, owned by Aguan (Sugianto Kusuma), is reportedly (rumor) planning a rights issue in Dec-25, with an indicative price around IDR 20,000/sh—above its current trading price of IDR 14,900/sh (23 Jul-25). The proceeds are intended to boost land bank for PIK 2 development. (Bloomberg Technoz)