Tuas Port opens officially, will be ‘critical engine’ driving Singapore’s economy: PM Lee
2022-09-01
Tuas Port will be the “port for the future” anchoring the exact upcoming Western Gateway.Continue Reading
Singapore startup Propseller raises US$12 mil Series A funding
2022-09-01
Used to scale business model, discover overseas marketsBustle Fund, Iterative, Rapzo Capital participated in this round Singapore-headquartered startup Propseller announced an US$12 mil (RM53. 7 mil) Series A funding brought by Vertex Ventures Southeast Asia plus India.In a declaration, the firm said this round saw participation from existing investors, Hustle Fund,…Continue Reading
Vegetable prices spike in flood-hit Pakistan as food crisis looms
2022-08-31
LAHORE, Pakistan: Veggie and fruit prices have soared in markets across Pakistan as devastating down pours ruin crops and disrupt supplies, an early sign of how the particular most severe floods in decades are usually creating food disadvantages at a time of financial crisis. Pakistan’s 220 million individuals are alreadyContinue Reading
Southeast Asia’s Fake Meats Grapple With Texture and Religious Taboos
2022-08-31
In a growing market, Southeast Asia’s alternative protein business owners are navigating problems of texture, tradition and differing customer tastes.
The write-up Southeast Asia’ s Artificial Meats Grapple Along with Texture and Spiritual Taboos appeared first upon Southeast Asia Globe .
DSI cracks down on piracy
2022-08-30
The Department associated with Special Investigation (DSI) has seized 360, 000 counterfeit items in Nakhon Nayok province and Hammer Bon district of Bangkok.Continue Reading
Iran lending Russia a big helping hand in Ukraine
2022-08-30
The war in Ukraine is helping one country achieve its foreign policy and national security objectives, but it’s neither Russia nor Ukraine. It’s Iran. Iran is among Russia’s most vocal supporters in the war. This has little to do with Ukraine and everything to do with Iran’s long-term strategy vis-à-vis the United States. As Russia’s […]
The post Iran lending Russia a big helping hand in Ukraine appeared first on Asia Times.
Major seizure of fake brand name goods
2022-08-30
The Department of Special Investigation (DSI) has seized 360,000 items falsely labelled with luxury brand names, in Nakhon Nayok province and in Bang Bon district of Bangkok.Continue Reading
‘Differentiated’ employment pass can attract specialised talent to Singapore: Experts
2022-08-30
The new Overseas Networks & Expertise Pass, which was announced by the Manpower Ministry on Aug 29, aims to strengthen Singapore’s position as a global hub for talent. Continue Reading
What Powell could learn from Rhee
2022-08-30
TOKYO – As US Federal Reserve Chairman Jerome Powell rocks and roils global markets, he may have an unlikely but pivotal ally in Seoul.
Markets everywhere are still quaking over Powell’s August 26 speech in Jackson Hole, Wyoming, where he warned that higher interest rates will cause “some pain” and that the Fed’s tightening cycle may persist “for some time.”
Yet Bank of Korea Governor Rhee Chang-yong seems less shaken than most. That’s an intriguing crouch given how the Fed’s last big rate-hike campaign in 1994 and 1995 devastated South Korea’s economy, along with those of Indonesia and Thailand.
But Korea’s economy has changed radically since the 1997-98 Asian Financial Crisis. And more recently, the BOK has accepted inflationary realities and utilized its brake pedal well before the Fed decided to act.
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The post What Powell could learn from Rhee appeared first on Asia Times.
South Korea central bank chief sees no change in stance after Powell speech
2022-08-30
SEOUL: The head of South Korea’s central bank said on Tuesday (Aug 30) his bank’s financial policy stance would not change after Federal government Reserve Chair Jerome Powell said a week ago the US economy will require tight monetary policy “for some time”. Financial institution of Korea Chief excutive RheeContinue Reading