TOKYO (Reuters) – The Bank of Japan is set to keep monetary policy settings steady on Thursday and project inflation to stay below its 2% target for at least two more years, reinforcing market bets it will lag other central banks in dialling back crisis-mode policies.FILE PHOTO: A man stands in front of the headquarters […]
BANDAR SERI BEGAWAN (XINHUA) – Leaders of China and Brunei on Wednesday (Oct 27) called for bringing the Regional Comprehensive Economic Partnership (RCEP) into force at an early date. They made the remarks at the virtual 24th Asean Plus Three leaders’ meeting between the Association of South-east Asian Nations (Asean), and China, Japan and South […]
SINGAPORE – The 10-year minimum occupation period (MOP) for new flats in prime, central locations is key to attracting those who genuinely want to live in the flats and are not looking to profit from reselling, say home seekers and flat owners. The longer MOP, up from the current five years, subsidy clawback and limitations […]
SINGAPORE – Efforts to step up collaboration between youth leaders across Asean in key areas like sustainability are going ahead despite the Covid-19 pandemic. Over the next five days, 33 delegates from all 10 of the association’s member states will take part in the 3rd Asean Youth Fellowship, which was postponed last year due to […]
COLOMBO (AFP) – A Sri Lankan Buddhist monk long accused of fanning sectarian hatred will head a new task force on legal reforms in the ethnically and religiously fractured nation, according to a government announcement. The 13-member “Presidential Task Force for One Country, One Law” has no representatives from the Tamil ethnic minority but does […]
SINGAPORE – A Singaporean businessman is being accused of “planned plunder” and allegedly profiteering from the pandemic by inflating prices of medical supplies in the Philippines. Mr Huang Tzu Yen, the 31-year-old president of Pharmally Pharmaceutical Corporation, is one of the men at the centre of an ongoing investigation by the Philippines’ Senate Blue Ribbon […]
BEIJING (XINHUA) – China has formulated new principles on tackling climate change and is contributing its solutions to global climate governance, according to a white paper released Wednesday (Oct 27) by the State Council Information Office. In tackling climate change, China advocates building a strong sense of common community, actively implements the new development philosophy […]
SINGAPORE – Up until a month ago, Corporal (CPL) Luth Danish Zani’s role in the Singapore Armed Forces (SAF) involved supporting other units in their operations as a combat engineer. But since Sept 29, he has been helping with the national Covid-19 effort as a home recovery buddy – the first line of contact for […]
NEWCASTLE, AUSTRALIA (REUTERS) – A team of engineers at Australia’s University of Newcastle has patented a material designed to store thermal energy in the form of a block, which its inventors hope can be used to ease the transition away from coal-fired power. Known as Miscibility Gaps Alloy (MGA), the bricks, made from aluminium and […]
LONDON (Reuters) – British finance minister Rishi Sunak will try to show that he is moving on from the COVID-19 pandemic on Wednesday when he announces multi-billion-pound investments to help Prime Minister Boris Johnson meet his spending promises to voters.Britain’s Chancellor of the Exchequer Rishi Sunak arrives at Broadcasting House to take part in an […]