Browsing Category
Asia
India and China troops clash on Arunachal Pradesh mountain border
India says its forces have clashed with Chinese troops in a disputed area along the border, the first such flare-up in more than a year.
The nations had been working to de-escalate tensions since a major clash killed at least…
China reopening may boost GDP in Hong Kong, Thailand and Singapore, Goldman says
Hong Kong, Thailand and Singapore will likely be the biggest beneficiaries as China drops its Covid-19 restrictions and reopens its economy, driving up demand for imports and overseas travel, according to Goldman Sachs Group.
Hong Kong…
Marcos defends Philippine wealth fund Bill amid public backlash
Philippine President Ferdinand Marcos Jr defended the multibillion-peso sovereign wealth fund that his allies are pushing in Congress, saying the controversial Bill would bring in “needed” investments to the country.
Marcos, on a flight to…
Malaysia’s DPM Zahid says attempt to deregister Umno foiled
Deputy prime minister Zahid Hamidi has revealed that an attempt to get Umno deregistered by declaring it illegal has been foiled.
The Barisan Nasional chairman said that the newly-appointed Home Minister had found a letter on his table…
Three years after COVID pandemic, India and Sri Lanka resume flight service between Chennai, Jaffna
Nearly three years after India suspended airline services between Chennai and Jaffna, it resumed flight operations on Monday, hoping to boost the tourism sector of the debt-ridden nation. The services were halted following the massive…
Japan eyes higher corporate, tobacco taxes to fund defense spending
Japan is considering raising corporate and tobacco taxes in stages, as well as tapping revenue from a temporary tax measure for its recovery from a major earthquake, to cover a planned increase in defense spending, according to people with…
Singapore seen as gateway to ASEAN as Pakistan seeks to diversify trade
As Pakistan seeks to diversify its economy, Singapore is the prime location for the country to engage with members of the Association of Southeast Asian Nations (ASEAN), its Foreign Minister Bilawal Bhutto Zardari said.
“Singapore is a…
High fuel prices continue to fall as Cambodia strives for more EV use
As Cambodia moves towards increased use of EVs and economic recovery, fuel prices across the country continue to fall from the high prices seen during the height of the pandemic.
The price of gasoline from December 11 to 20 dropped, as…
China may partially open Hong Kong border by late January, reports say
China may drop quarantine for Hong Kong residents travelling into the mainland in January 2023, according to local media reports, as the country speeds up its shift away from strict Covid-19 control.
There is “a good chance” of a…
Vegetable and seafood prices go up in Malaysia due to heavy rains
Vegetables and seafood now cost more in Malaysia due to a drop in yield caused by the rainy season, and if the bad weather persists, prices are expected to soar even higher for the Chinese New Year period.
Malaysia’s Federation of…