“SUBSTANTIVE RELATIONSHIP” Congratulating Mr Li on his appointment to the 20th CPC Central Committee Politburo Standing Committee, Mr Lee wrote of the “substantive relationship” between Singapore and China. “Our three Government-to-Government projects – the Suzhou Industrial Park, the Tianjin Eco-City and the Chongqing Connectivity Initiative – continue to be successfulContinue Reading
SONGKHLA: The deputy district chief of Rattaphum and five drug enforcement volunteers turned themselves in to police on Tuesday, after the Songkhla Criminal Court issued an arrest warrant against them for asking for a bribe and dereliction of duty.Continue Reading
Malaysian fishing vessels were seen entering and exiting the live firing area of Singapore’s territorial waters off Lim Chu Kang, said the Singapore Police Force. Continue Reading
The kind way to describe the yuan weakening decisively past 7.3 to the dollar is that China’s currency is reflecting the widening cracks in Asia’s biggest economy.
That the move came a day after President Xi Jinping achieved his longtime goal of remaking the Communist Party in his own image raises more difficult questions.
Worse, Hong Kong stocks had their worst day since the 2008 global financial crisis as the yuan hit 14-year lows. Shares in e-commerce giant Alibaba Group, food delivery behemoth Meituan and social media and gaming colossus Tencent all had a very rough Monday in the wake of China’s Communist Party Congress.
Some global investors are worried about Xi’s concentration of power and the stacking of his leadership ranks with loyalists, an arrangement that many view as one-man rule. Others worry about signals that the growth-killing “zero-Covid” strategy isn’t going anywhere.
Yet one thing is certain: the most powerful Chinese leader since Mao Zedong is on the clock with markets as never before. And the months ahead will attract intense scrutiny from CEOs who call the shots on global capital flows.
The City Hall opposes early Green Line concession extension for Bangkok Mass Transit System plc (BTSC) and proposes the government pay for its extension routes or take over the entire system.Continue Reading
Thailand has been formally inducted as a member of the International Vaccine Institute (IVI), which will enhance the country’s capacity and knowledge in developing and producing vaccines.Continue Reading
In Singapore, the family-friendly franchise has been adapted by Mediacorp for On The Red Dot, a current affairs show investigating issues close to home.Continue Reading
Almost five years to the day that he inaugurated a “new era of socialism with Chinese characteristics”, General Secretary Xi Jinping returned to the Great Hall of the People to renew his ‘common prosperity’-based agenda of modernization and national rejuvenation. In his report to the 20th National Party Congress, Xi acknowledged the darkening geopolitical clouds on the horizon — the “black swans”, unpredictable dangerous […]Continue Reading
The security level has been heightened in Russia’s Krasnodar Territory as well as the regions of Belgorod, Bryansk, Voronezh, Kursk and Rostov.Continue Reading
SONGKHLA: One suspected insurgent was killed and two policemen were wounded in a clash with security forces in Thepha district of this southern border province on Tuesday afternoon.Continue Reading