Singapore’s GIC buys into Sani/Ikos, valuing resorts group at more than US$2.2 billion
Singapore’s GIC has bought a majority stake in Mediterranean luxury beach resort Sani/Ikos Group (SIG), valuing the company at – 3 billion euros (US$2. 27 billion), the companies said in a joint statement on Thursday (Sep 22). The Singaporean sovereign wealth fund has bought a stake held by investors thatContinue Reading
Delay in foreign labour intake due to over-reliance on Indonesia, Bangladesh, says HR Minister
PETALING JAYA: Overdependence on a small number of source countries is the cause for delays in the entry of foreign labour into the country, says Datuk Seri M. Saravanan. Read full storyContinue Reading
22 years after 'The Beach' was filmed, Thai court orders environmental rehab work for Maya Bay
The 2000 Hollywood film, starring Leonardo DiCaprio, drew criticism for the impact of the shoot on the pristine sands of the bay, located on the island of Ko Phi Phi Ley in southern Thailand. Read full storyContinue Reading
Walking down memory lane in Penang for former Thai premiers
GEORGE TOWN: From savouring local delicacies to exploring street arts along Armenian Street and taking a trishaw ride in George Town, the Shinawatra siblings were having the time of their lives in Penang. Read full storyContinue Reading
Home Ministry raises issue on Malaysians falling victim to job scam syndicates abroad
KUALA LUMPUR: The issue of Malaysians left stranded in foreign countries after falling victim to overseas job scam syndicates, was among matters raised at the 16th Asean Ministerial Meeting on Transnational Crime (AMMTC) plenary session on Wednesday (Sept 21). Read full storyContinue Reading
Indonesia hikes rates for second straight month to stem inflation
JAKARTA: Indonesia’s main bank hiked the key interest rate for your second month within a row Thursday (Sep 22) to combat rising inflation stoked by fuel prices and the war within Ukraine. Bank Indonesia forced the policy rate to 4. twenty five from 3. 75 per cent, and the jumpContinue Reading
Man who paid S$500 to have someone else take basic theory test on his behalf gets jail
Goh Ah Hock was caught after the tester noticed that the imposter didn’t look like Goh in his work permit photo.Continue Reading
India goes its own way in new Cold War
Russia’s invasion of Ukraine coincided with a debate over whether to call US-China tensions “a new Cold War” and a “no limits” friendship between Russia and China. As the United States raced to place sanctions on Moscow, many in the Global South found themselves caught in the crosshairs of a realignment against Russia. Among the […]
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In diplomatic dance, Seoul courts Beijing, Tokyo and DC
SEOUL – Talk about being in the eye of a diplomatic hurricane.
On the sidelines of the UN General Assembly in New York yesterday, South Korean President Yoon Suk-yeol collared US President Joe Biden to bend his ear on trade frictions during a fund-raising dinner. He also won face time with stand-offish Prime Minister Fumio Kishida of Japan, who is playing a cagey game with Korean relations.
Yoon’s New York exploits follow his greeting of China’s chief legislator Li Zhanshu in Seoul on September 18, during which Yoon, requesting “mutually friendly feelings,” asked for a visit to South Korea by Chinese President Xi Jinping.
The latter meet and greet raised some eyebrows considering Yoon had pointedly declined to meet Li’s US counterpart, House Speaker Nancy Pelosi, after her controversial visit to Taiwan in August.
Pulling off wins in this thicket of diplomatic complexities would test the skills of a Metternich or a Kissinger.
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139kg of crystal meth, speed pills seized, 2 arrested
Narcotics reductions police have grabbed 139 kilogrammes with crystal methamphetamine together with 8, 000 rate pills and arrested two suspects, each alleged gang best.Continue Reading