Asian Economy

PM Lee on living with Covid-19: “Our biggest priority is jobs”

Prime Minister Lee Hsien Loong, in the first of a series of national broadcasts by Government leaders, spoke on Sunday (June 7) on the topic, "Overcoming the Crisis of a Generation". Mr Lee outlined how Singapore has to learn to...

Bright future for Asia post Covid-19: A New Economic Order predicted

In an op-ed piece for the Sydney Morning Herald, Tom Stevenson, an investment director at Fidelity International, wrote about The New Economic Order, a paper that came from the company’s investment strategists. The paper predicts that there will be...

Virus may spark ‘devastating’ global condom shortage

by Sam Reeves / with Beiyi Seow in Beijing A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world's top maker of the contraceptives said, with the United Nations warning of "devastating"...

Lower inequality before raising GST

The planned increase in the Goods and Services Tax (GST) from seven to nine percent will not take place in 2021 due to the ongoing COVID-19 infection, said Deputy Prime Minister Heng Swee Keat on February 18. But on...

Heng Swee Keat readies 2020 budget with new measures

In a Facebook post written earlier today, Monday (Feb 17), Deputy Prime Minister Heng Swee Keat explained that despite their usual efforts to settle budget details “as early as possible,” the 2020 Singapore Budget “will include measures that were...

Asian markets rise as coronavirus concerns ease

Markets in Asia-Pacific rose on Wednesday following another positive lead from Wall Street with investor sentiment mixed about the immediate and long-term impact of the coronavirus outbreak. The virus, officially named COVID-19 on Tuesday, has spooked markets around the world,...

More Chinese cities shut down as virus death toll rises

by Dan Martin Millions more people have been ordered to stay indoors as China battles to curb the spread of a new virus that authorities said Wednesday has already killed nearly 500 people. With more than 24,000 cases in China, a...

China exempts US imports from tariffs for virus fight

Beijing announced Saturday that US imports that can be used in China's fight against a deadly new virus will be exempted from retaliatory tariffs imposed in the trade war. The decision comes as China is scrambling to contain the spread...

Ports, trains and trade: Xi to offer Myanmar billion-dollar bounty

A high-speed rail line to the east, a deep-sea port to the west, and a makeover for commercial heart Yangon -- Chinese leader Xi Jinping arrives in Myanmar on Friday laden with investment pledges worth billions which could reshape...

Hong Kong minister urges a halt to violence as unemployment increases

Hong Kong Chief Secretary for Administration Matthew Cheung expressed disappointment at the latest violent demonstration last Sunday after police fired tear gas at protesters. “The work of stopping the violence has not yet been completed, we need to keep working...
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Latest News

“Higher prices and yet lower quality” — Netizens respond to video of a couple showing “defects” in their new BTO unit

SINGAPORE: Netizens are reacting to a video wherein a couple in Singapore shared "defects" in their new BTO, with...
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Singapore Turf Club to hold final race on Oct 24; handover site to govt by 2027 for redevelopment

SINGAPORE — The curtain will draw on a 180-year horse racing tradition in Singapore when the Singapore Turf Club holds its last race, the...

Abdul Shariff reiterates Workers’ Party’s commitment to better school class size on average

SINGAPORE — During a house visit at Block 123 in Simei recently, the Workers’ Party Abdul Shariff Aboo Kassim had a meaningful conversation with...

High rent and living costs are causing expats to move to Malaysia & Vietnam

SINGAPORE: Several expatriates in Singapore have been moving to other South East Asian cities because of increased rental fees and overall living costs. In a...

Video of Singapore car chased by fake police car in Malaysia goes viral

SINGAPORE: A 26-second video clip of a speeding car being chased by another car with a flashing blue light on its roof has gone...

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