24.4 C
Makati City
Monday, February 20, 2017
KUALA LUMPUR, Malaysia—A paranoid dictator’s estranged brother. Two young female assassins. A crowded international airport. And a mysterious poison that kills within hours. It’s the perfect recipe for a thrilling cloak-and-dagger spy novel. Except some—or possibly even all—of this tale could be true in the apparent assassination of Kim Jong...
Singapore’s government has a message for anyone expecting great things following Friday’s surprise growth bounce: don’t hold your breath. The city-state’s economy will still only expand between 1 percent and 3 percent this year, policy-makers said after fourth-quarter growth burst in at an annualized 12.3 percent—the fastest pace in more...
Singapore’s residential property curbs are set to stay in place for at least another year, amid signs the city’s housing market is stabilizing, the CEO of Southeast Asia’s biggest developer said. “We see volume picking up and the price declines have slowed,” Lim Ming Yan, the president and CEO...
Jakarta residents face another two months of campaigning, as the race to lead Indonesia’s capital was headed for a run-off election that will divide the city’s power-brokers along similar lines to the last presidential election. Unofficial “quick count” tallies showed the incumbent Basuki Tjahaja Purnama, who is backed by President...
Malaysia’s economy grew at the fastest pace in a year last quarter, as stronger consumer spending and an export recovery helped counter falling government expenditure. GDP rose 4.5 percent last quarter from a year earlier, Bank Negara Malaysia said in an e-mailed statement on Thursday. The median estimate of 18...
Aung San Suu Kyi’s government in Myanmar is moving to attract more foreign direct investment (FDI), as a refugee crisis makes companies wary of setting up shop in the Southeast Asian nation. Two laws set to take effect by June will make it easier for foreign companies to put money...
Singapore is proposing to ease regulations for venture-capital (VC) managers, including shortening their application process in a bid to promote financing for start-up development. Under a consultation paper published by the Monetary Authority of Singapore (MAS) on Wednesday, new and existing VC managers won’t be subject to the same capital...

The environment market

Technological advances in environmental protection are a key driver for the responsible use of natural resources—and a pivotal instrument to direct government policies, consumer behavior and market-driven incentives to achieve economic growth with minimal negative environmental impact. Hopefully, Environment Secretary Regina Paz L. Lopez reads this. The environmental services market...
Everything old is new again when it comes to trade deals. There’s been a flurry of interest in reverting to one-on-one talks with the US, after President Donald J. Trump ditched a 12-nation Pacific trade pact. Japanese Prime Minister Shinzo Abe went to Washington, in part, to talk about the...
VIENTIANE—Representatives from the Association of Southeast Asian Nations (Asean) gathered in Lao capital Vientiane on Tuesday for the 52nd Asean Working Group on Intellectual Property Cooperation (AWGIPC). The meeting aims to continue discussions on the Asean Intellectual Property Rights (IPR) Action Plan 2016-2025 and exchange views on matters of mutual...
India, Indonesia, Malaysia and Vietnam have largely escaped US President Donald J. Trump’s glare on trade, but he may yet come looking. The US runs trade deficits with all of them, in some cases, quite big ones. Trump’s exit from the 12-nation Trans-Pacific Partnership (TPP), his attacks on the trade policies...
Executive members of Cambodia’s beleaguered opposition party on Sunday accepted the resignation of Sam Rainsy, its charismatic leader, and named his deputy, Kem Sokha, acting chief until a party congress can be held. The action came a day after Sam Rainsy, who has been in self-imposed exile since late-2015, resigned...
Myanmar leader Aung San Suu Kyi called on all armed ethnic groups to sign a cease-fire agreement during a speech on Sunday in the same place where her father, an independence hero, signed a peace deal 70 years ago. Speaking during annual Union Day celebrations, Suu Kyi said ethnic groups...
The Asean Convention Against Trafficking in Persons, Especially Women and Children (Actip) will enter into force next month, or 30 days after the Philippines deposited its instrument of ratification on the convention. The Department of Foreign Affairs on Monday said the Philippines becomes the sixth Asean member-state to ratify the...
MOSCOW—Vietnam is likely to become one of the most important markets for Google and many other information- technology (IT) companies in the near future. This is thanks to its talented IT students, ambitious high-tech projects and pursuit of innovation. Although most of the Asean countries are rapidly developing the high-tech...
Singapore Airlines Ltd., Southeast Asia’s biggest carrier, extended some of its fuel-hedging contracts to as long as five years, betting on an upswing in crude oil prices amid production cuts implemented by the Organization of the Petroleum Exporting Countries (Opec) and renewed tensions between the US and Iran. The marquee...
Thailand’s central bank held its key interest rate near a record low to shield the nation’s economic recovery, as the threat of trade protectionism mounts. The one-day bond repurchase rate was left at 1.5 percent, with monetary-policy committee members unanimously in favor, the Bank of Thailand said in Bangkok on...
The Indonesian military has accepted an apology from Australia’s army chief over a purported insult to Indonesia’s state ideology that caused a spat between the two countries. An Indonesian military statement released on late Wednesday after Australian army chief Lt. Gen. Angus Campbell met with Indonesian military head Gen. Gatot...
The United Nations says Secretary-General Antonio Guterres “was horrified” at the recent report on alleged sexual abuses by security forces in Myanmar against the Muslim Rohingya ethnic minority. UN Spokesman Stephane Dujarric gave the UN chief’s reaction on Tuesday to the report by US-based Human Rights Watch. The rights group alleged...
Malaysia’s crackdown on currency speculators has come at a cost. While it has successfully reduced ringgit volatility, it is threatening to discourage overseas investors. The central bank’s steps to curb trading in offshore nondeliverable forwards (NDFs) last year made it harder for global funds to hedge their exposure to Malaysia, according...