BANGKOK (BLOOMBERG) – Growing public disapproval of Thai Prime Minister Prayut Chan-o-cha’s performance is fuelling the anti-government protests sweeping the South-east Asian nation, according to an opinion poll. More than 62 per cent of participants in a survey last week said discontent with Mr Prayut was the key reason for the recent demonstrations, the poll by Suan […]
SEOUL (AFP) -Samsung Electronics chairman Lee Kun-hee died at the age of 78 on Sunday (Oct 25) , the company said. Under Mr Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is equivalent to a fifth of South Korea’s gross domestic product. […]
KUALA LUMPUR – A month into Malaysia’s Movement Control Order (MCO), during which economic activity came to almost a standstill, software business owner Ariff Azraai was saddled with a mountain of bills. As clients were deferring projects and payments, the 28-year-old took the decision to cash out unit trusts, which he expected would tank with […]
Indonesia can be a powerhouse Francois de Maricourt The Jakarta Post, Indonesia In every crisis, new opportunities emerge. The Covid-19 pandemic has had a strong impact on global trade networks and shipping routes, with logistics suppliers grappling with disruptions and economic slowdowns. The pre-Covid-19 globalised world has come to a halt. The question facing governments and corporations […]
European Union’s Brexit negotiator Michel Barnier wears a protective face mask as he arrives at 1VS conference centre ahead of Brexit negotiations in London, Britain October 24, 2020. REUTERS/Henry NichollsLONDON (Reuters) – EU chief negotiator Michel Barnier is planning to extend his visit to London until Wednesday amid cautious optimism over the progress of post-Brexit […]
NEW DELHI – Last month, software engineer Nabendu Biswas moved out of India’s tech capital, Bengaluru, and returned to his hometown, Bhopal, which is among the cleanest cities in the country. He took his seven-year-old son out of school and his wife quit her teaching job for the move at the peak of the Covid-19 […]
KUALA LUMPUR – Malaysia on Saturday (Oct 24) logged 1,228 new Covid-19 cases in the last 24 hours, a record high. The previous high of 871 cases was reported last Sunday (Oct 18). The Saturday figure meant that Malaysia has recorded at least 700 cases daily for eight days in a row, compared with daily numbers […]
SINGAPORE – There were 14 new Covid-19 cases confirmed as at Saturday noon (Oct 24), taking Singapore’s total to 57,965. They included three new cases of locally transmitted Covid-19 infection, said the Ministry of Health (MOH) on Saturday. Based on its investigations so far, two of these cases are in the community, and one resides in a […]
KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) – A half-moon glowed from the night sky as the convoy of vehicles carrying the Prime Minister and other government figures emerged from the Istana Abdulaziz in Kuantan on Friday (Oct 23). Tan Sri Muhyiddin Yassin’s audience with the King on Friday had lasted almost two hours amid feverish […]
JAKARTA – Regulations on the establishment of Indonesia’s first sovereign wealth fund (SWF) will be ready in two to three weeks, and discussions onpossible joint investment with foreign SWFs in Indonesian projects have been held with the Abu Dhabi Investment Authority, Singapore’s GIC, and the US International Development Finance Corporation. “The idea is for Indonesia […]