TOKYO: Japan must spread the momentum of wage growth across the country to conquer rising inflation as annual labour negotiations wrap up next month, Prime Minister Fumio Kishida said on Sunday (Feb 26), with backing from a major business lobby. For years wages have been slow to grow in JapanContinue Reading
On February 2, former US marine Peter Reed was killed in Ukraine while evacuating civilians in the frontline city of Bakhmut. Two days later on February 4, the bodies of two British volunteers, Christopher Perry and Andrew Bagshaw, were returned as part of a prisoner swap deal with Russian forces. Their deaths mark some of the latest Western casualties […]Continue Reading
At the G20 meeting this month in Bangalore, India, the United States arrived with a simple brief. Treasury Secretary Janet Yellen said at the summit that the Group of Twenty countries must condemn Russia for its invasion of Ukraine and they must adhere to US sanctions against Russia. However, it became clear that India, the chair of […]Continue Reading
A fatal incident in January involving a Chinese-owned mining company raises the spectre of political opportunists exploiting anti-Chinese sentiments in the run-up to Indonesia’s 2024 elections, say these writers.Continue Reading
LIFTING OF EXPORT BAN ON NICKEL MAY IMPACT REGIONAL GROWTH North Maluku’s economic growth can be attributed, in part, to Jokowi’s efforts to develop the downstream capabilities of certain industries – in particular, the mining and mineral sectors. Indonesia has also imposed an export ban on nickel ore since JanuaryContinue Reading
TOKYO – Kazuo Ueda used his big moment in the spotlight on Friday to assure Bank of Japan watchers he’s no Peter Pan. One of the cringiest moments of predecessor Haruhiko Kuroda’s 10 years as BOJ governor came in 2015, when he spelled out his strategy to reanimate Asia’s second-biggest economy. “I trust that many […]Continue Reading
Singapore’s total fertility rate has been falling for many years. The previous low was 1.1 in 2020.Continue Reading
Lim De Xian conspired with one of his workers to indicate that the latter drew a S$5,800 salary instead of his actual S$1,250 wage.Continue Reading
China’s Ministry of Finance has reportedly asked state-owned enterprises to stop using the four biggest accounting firms due to data security concerns. Offshore subsidiaries will still be allowed to use the Big Four auditors but their parent companies will have to hire local Chinese or Hong Kong accountants when their current contracts expire, Bloomberg reported […]Continue Reading
A common misconception is that Singapore’s marriage and parenthood initiatives have failed because total fertility rates keep declining, but that may not be true, says NUS’ Kelvin Seah.Continue Reading