Adani: India watchdog probing Hindenburg fraud allegations
2023-02-14
The conglomerate had more than $100bn wiped off its stock market value after the claims.Continue Reading
Malaysia will not reintroduce goods and services tax: PM Anwar
2023-02-14
KUALA LUMPUR: Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim said on Tuesday (Feb 14). The government will instead look to reduce subsidies enjoyed by the wealthy, Anwar, who is also finance minister, told parliament. Anwar,Continue Reading
Hazy outlook for downtown Jakarta high-rises
2023-02-13
JAKARTA – Driving down Jalan Sudirman through the heart of Jakarta’s neon-splashed central business district these days is an eye-opener. In many high-rise buildings, entire floors are blacked out, compelling evidence of how the Covid pandemic has changed methods of doing business. It really began some years ago, but the pandemic greatly accelerated the move by many companies towards […]Continue Reading
Poultry salesman pocketed S$193,000 of customers’ cash to pay off brother’s debts, gets jail
2023-02-13
SINGAPORE: In a bid to pay off his brother’s debts to loan sharks, a sales representative working for a poultry wholesaler began gambling on football matches and slot machines. However, this led to more losses and got him addicted to gambling. When his brother died, the illegal moneylenders began harassingContinue Reading
Ueda the right choice for BOJ’s post-QE era
2023-02-13
TOKYO – Global markets are experiencing two firsts for Japanese Prime Minister Fumio Kishida. One, Kishida surprised the investment world for the very first time in 16 months leading Asia’s No 2 economy. Second, he appears to be making a smart staffing choice by favoring Kazuo Ueda to lead the Bank of Japan (BOJ). By […]Continue Reading
Senator Wanchai challenges Ung-Ing’s election landslide win promises
2023-02-11
Some senators will not vote for Paetongtarn “Ung-Ing” Shinawatra of the Pheu Thai Party to become the next prime minister, even if the party wins the next election by a landslide, said Senator Wanchai Sornsiri.Continue Reading
Six Hat Yai suspects get death sentence
2023-02-11
Songkhla Provincial Court on Friday handed a death sentence to six convicts who gunned down a Malaysian businessman in Hat Yai district in 2015, says the Office of the Attorney General (OAG).Continue Reading
In ageing China, a call for ‘bold’ steps to cut cost of having babies
2023-02-10
HONG KONG: A Chinese health official has urged local governments to take “bold” steps to lower the cost of having babies and raising children to reduce the burden on families and boost fertility, a state-backed publication reported on Friday (Feb 10). China’s population fell last year for the first timeContinue Reading
In aging China, a call for ‘bold’ steps to cut cost of having babies
2023-02-10
HONG KONG: A Chinese health official has urged local governments to take “bold” steps to lower the cost of having babies and raising children to reduce the burden on families and boost fertility, a state-backed publication reported on Friday (Feb 10). China’s population fell last year for the first timeContinue Reading
Anwar puts economy in focus amid fraught politics
2023-02-10
SINGAPORE – Malaysian Prime Minister Anwar Ibrahim finds himself in a difficult position, facing economic challenges against the backdrop of rising prices at home and increasing risks to the global economy coupled with domestic political challenges that risk widening disenchantment from his own support base. Anwar’s fledgling coalition government could only look on as its […]Continue Reading