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Good morning,

Welcome back to Strait Up, our weekly newsletter that makes sense of what’s going on in Southeast Asia.

From telco spats and country rivalries to prowling Chinese giants and cab drivers’ welfare, we have an action-packed edition for you this week. 

Over in the Philippines, a multimillion-dollar suspension might be imposed on  the country’s telco newcomer, Dito, for alleged failures to address fraudulent calls. Singapore is still going head-to-head against Hong Kong to become Asia’s top financial hub; this time, the rivalry is over green bonds. After the crackdown in China, tech giant Alibaba is looking to establish a better presence in Southeast Asia, including by building what will become Singapore’s tallest tower. And last but not least, the fight for drivers’ welfare has borne fruits in Indonesia—or has it? 

Let’s dive in! 

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