Despite tax cuts, spiking fuel prices are affecting Cambodians’ access to everyday necessities. But behind the rising figures is an underlying and longstanding issue of unaffordable transport
The post Ensuring Cambodians’ Mobility Amidst Rocketing Fuel Prices appeared first on Southeast Asia Globe.
Livzon’s protein-based vaccine, adopting a different technology than Sinovac and Sinopharm’s products, were among the two products Chinese officials said have recently been cleared for use. The other one has not been formally identified. The regimen of one Livzon booster after two doses of inactivated vaccines had an efficacy ofContinue Reading
The wife of former Malaysian prime minister Najib Razak was “far too clever” to demand for bribery herself, the court found.Continue Reading
Taiwanese prosecutors on Sept 2 indicted nine suspects on human trafficking charges for allegedly luring 88 people to Cambodia to toil in online scam syndicates that have become a regional scourge. Read full storyContinue Reading
TOKYO – Naturally, US Federal Reserve officials act with the best interest of the American economy in mind. Yet the actions of US Fed Chairman Jerome Powell and his team are playing into China’s hands in unexpected and impactful ways.
Case in point: The outperformance of China’s sovereign bonds, which in August grabbed the top spot in global performance rankings.
The immediate explanation is a widening policy divergence between the Fed and the People’s Bank of China (PBOC). But between the lines are growing indications that the trajectory of Fed interest rates may be a short-term positive but a long-term negative.
Right now, the Fed’s war on inflation is sending the dollar soaring at the worst possible moment for economies from Latin America to Europe to Asia.
The yen’s transcending 140 to the dollar for the first time since 1998 is the most recent ominous milestone. That follows the euro’s return to 20-year lows. This chaos isn’t confined to the top-three currencies, as evidenced by the Indian rupee about to hit 80 to the dollar.
The post China bond rally shows US Fed what’s at stake appeared first on Asia Times.
When fully completed in June next year, the Jakarta-Bandung fast-trains will be the first high-speed rail link in Southeast Asia. Continue Reading
1-stop centres to develop solutions that provide quality healthcare
Hub will be supported by 10-acre MRANTI Integrated Healthcare Cluster The Ministry of Science, Technology and Innovation (MOSTI) and the Ministry of Health Malaysia (MOH) today announced that five hospitals have been identified as Health Technology Hubs under the National Technology and Innovation…Continue Reading
So far, authorities have largely avoided shutting down offices and factories. “We need to get the virus under control, we can’t just give up like some countries,” said a woman surnamed Tang, who has been volunteering to help food deliveries arrive at a locked down compound in Futian, Shenzhen’s mostContinue Reading
ISLAMABAD: Pakistan’s armed forces have rescued a further 2,000 people stranded by rising floodwaters, they said on Friday (Sep 2), in a disaster blamed on climate change that has swamped about a third of the South Asian nation and is still growing. Record monsoon rains and melting glaciers in northernContinue Reading
ISLAMABAD: Pakistan’s armed forces have rescued a further 2,000 people stranded by rising floodwaters, they said on Friday (Sep 2), in a disaster blamed on climate change that has swamped about a third of the south Asian nation and is still growing. Record monsoon rains and melting glaciers in northernContinue Reading