Sunday, 6 Oct 2024

Asia

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Methodist Church officially appoints new Bishop

SINGAPORE – The largest Protestant denomination in Singapore officially appointed its new Bishop on Friday (Dec 4). Bishop Gordon Wong, 59, will oversee 46 Methodist churches, with more than 44,000 members. He will also provide counsel to 15 Methodist schools and support the Methodist Church’s social service arm, Methodist Welfare Services, which runs 20 community-based […]

More wet and cold weather in next fortnight

SINGAPORE – Shielding against the downpour with her umbrella, a pedestrian crossed Eu Tong Sen Street in Chinatown during a late afternoon deluge on Friday (Dec 4). Singaporeans can expect more rain over the next few days, according to the four-day weather outlook from the National Environment Agency (NEA). Cold temperatures with lows of 22 […]

Two workers die in separate workplace incidents this week; NTUC responds

SINGAPORE – Two workers died in workplace accidents this week, prompting labour movement NTUC to urge companies to prioritise and safeguard the safety of workers, and not put their lives at risk by rushing to catch up on work. In a Facebook post on Friday (Nov 4), NTUC assistant secretary-general Melvin Yong said there were […]

Grab-Gojek merger: Regulators should act now or forever hold their peace

SINGAPORE – It looks like ride-hailing firms Grab and Gojek are merging. Or one is acquiring the other. Wire news agencies have reported that the two have been in talks since February this year. Now that Covid-19 has ravaged the business landscape, there is yet another reason for joining forces, rather than continuing to compete […]

Amid tensions with China, Australian wheat exporters pull back from key market

BEIJING/SYDNEY (REUTERS) – China’s wheat buyers are scrambling to source low-gluten wheat for the country’s booming fancy bakery market, traders said, as exporters in key supplier Australia shy away from striking sales deals amid escalating trade tensions. The unusual move by Australian exporters to hold back from offering grain in the Chinese market comes even […]

In new stimulus, Japan to offer regional banks incentives to merge

TOKYO (Reuters) – Japan will offer subsidies to regional banks that merge with rivals as part of plans to encourage economic growth in regional areas, a draft of a stimulus package seen by Reuters showed on Friday.FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, […]

In new stimulus, Japan to offer regional banks incentives to merge

TOKYO (Reuters) – Japan will offer subsidies to regional banks that merge with rivals as part of plans to encourage economic growth in regional areas, a draft of a stimulus package seen by Reuters showed on Friday.FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, […]