US makes Pacific Islands pledge in bid to counter China
2022-09-30
The White House announces aid and signs an agreement with Pacific nations at a summit in Washington.Continue Reading
A way out of exchange-rate chaos
2022-09-30
Part 1 of this series concluded that “currency hedging is not just costly and in some countries prohibitively so, preventing companies access to credit and grow, but it brings a misallocation of talents in a floating world.” Historically, countries have not managed exchange-rate gyrations well. Their experiences, Japan being prominent, show how accurate Paul Volcker was […]
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To tackle a kimchi crisis, South Korea banks on massive cabbage warehouses
2022-09-30
SEOUL: South Korea’s kimchi makers are in serious pain – brought low as a climate change-induced shortage of cabbages sent prices rocketing this year, exacerbating damage inflicted by cheaper offerings from Chinese competitors. Such is the sense of crisis surrounding the spicy pickled side dish eaten daily by many KoreansContinue Reading
Turkish, Malaysian exports to enjoy duty-free treatment effective Jan 1, 2023
2022-09-30
KUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA). Read full storyContinue Reading
Undertaker Roland Tay charged with evading S$427,000 in income tax, failing to register for GST
2022-09-30
SINGAPORE: Veteran undertaker Roland Tay Hai Choon was charged on Friday (Sep 30) with evading income tax of about S$427,000 and failing to register his businesses for Goods and Services Tax (GST). Tay, the 75-year-old founder of Direct Funeral Services, was handed three charges under the Income Tax Act andContinue Reading
Local 15-year-old quits school to focus on F1 dreams, hopes Singapore GP fever revs up motorsport scene
2022-09-30
Motorsport enthusiasts in Singapore are hoping that the return of the Singapore Grand Prix this weekend will give a much-needed boost to the local scene.Continue Reading
839 new Covid inpatients, nine more deaths
2022-09-30
The country registered nine more Covid-19 fatalities and 839 new cases admitted to hospitals during the previous 24 hours, the Public Health Ministry announced on Friday morning.Continue Reading
Cambodian team hunting looted treasures visits UK museums
2022-09-30
The V&A and British Museum open their collections to check if they hold stolen antiquities.Continue Reading
NHRC hails elective abortion law
2022-09-29
The National Human Rights Commission (NHRC) has welcomed a legal amendment that allows for the elective termination of pregnancies between 12 and 20 weeks to ensure safe and legal abortions, a basic right for women urged by at least two international pacts Thailand has signed.Continue Reading
Girls on the grill: Meet the female chefs manning the hottest, heaviest part of the kitchen for love of fire
2022-09-29
The intense physicality of the job doesn’t daunt women like Nadine Tay, Amarit Kaur and Ashley So – just three of the rising number of young female chefs in Singapore who choose to hone their skills in cooking food over fire, and, along the way, are burning up preconceived notions of what women can do.Continue Reading