A premium 🔒 weekly newsletter that helps you stay on top of the most important developments from business, tech, and startups from Southeast Asia. Someone sent you this? Subscribe here

Good morning,

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

This week, we look at why Philippines’ largest telco provider, PLDT, is selling almost half of its telco towers—a move that will allow rivals to use the 5,907 towers it sold.

Over in Indonesia, the government is encouraging further growth of digital transaction by increasing the cap for the amount of money someone can store in their e-wallet. A further blow to credit card adoption.

Last but not the least, we cover some small but encouraging signs of electric vehicle (EV) adoption in Indonesia and look at why car manufacturers will have to lower their EV price point to win the market.

Let’s dive in.

Subscribe to read this premium newsletter