Singapore

Singapore greens the investment landscape
Business, Singapore, World

Singapore greens the investment landscape

Singapore greens the investment landscape In recent years, Singapore has been pushing greener standards in the investment and finance market, as well as the larger economy. (Photo: Joel Chong) 'Overall, it's a good thing to have," said Khoo De Wan. He was speaking of Singapore's Environmental, Social and Governance standards, or ESG, which listed companies in the nation must abide by. The local resident and investor added, "It may help to bring in more business, but by itself it's not enough to make a company an investable company. That's my thinking." "Sad to say, the end goal [of investing] is monetary or financial, rather than environmental," said Mr Khoo. Thinking like Mr Khoo's are what the Singapore Exchange (SGX) has been seeking to shift over the past six years or so. This is p...
Asean still toothless a year after Myanmar coup
China, Conflict, Singapore, World

Asean still toothless a year after Myanmar coup

Asean still toothless a year after Myanmar coup The first anniversary of Myanmar's military coup is approaching. Since Feb 1 last year, the country's socio-political landscape has changed dramatically. Brutal fighting has reached many parts of the country and the economy lies in tatters, while the UN warns that half the population may soon slip below the poverty line. A broad-based resistance movement has been formed, with the National Unity Government (NUG) and the National Unity Consultative Council (NUCC) as important players, while many of the country's Ethnic Armed Organisations (EAO's) and newly formed people's militias play substantial roles in various parts of the country. The illegitimate military regime, the State Administration Council (SAC), is detested by a vast majority of...
39 Chinese warplanes seen near ADIZ
China, Conflict, Singapore

39 Chinese warplanes seen near ADIZ

Hong Kong: China continues to enter in Taiwan’s air defence zone. Recently thirty-nine Chinese warplanes breached the air defence identification zone (ADIZ) on Sunday. "No doubt this is part of the broader campaign by Beijing aimed at eroding the will and ability of Taiwan to continue resisting," said Collin Koh, a research fellow at the S Rajaratnam School of International Studies in Singapore. While the Chinese incursions were likely a reaction to the large naval presence Tokyo and Washington were putting in the area, they also served another purpose, said Koh. The flights by the People's Liberation Army aircraft came a day after the United States and Japanese navies put on a massive show of force in the Philippine Sea. The Philippine Sea is the area of the Pacific Ocean eas
Myanmar junta replaces air force chief amid bombing campaign
Business, Singapore, World

Myanmar junta replaces air force chief amid bombing campaign

Myanmar junta replaces air force chief amid bombing campaign Refugees, who have fled a flare-up in fighting between the Myanmar army and insurgent groups and settled temporarily on the Moei River Bank, are seen under makeshift tents on the Thai-Myanmar border, in Mae Sot, Tak province, January 7, 2022. (Reuters photo) Myanmar's military leader has removed the head of the air force, local media and four sources close to the armed forces said, replacing one of the most senior figures in a junta that has carried out bombing raids to try to crush resistance. The sources told Reuters that 57-year-old Maung Maung Kyaw, a general from an elite military background, had been ousted from the post he had held since 2018. Two of the sources said he was replaced on Monday by Htun Aung, who had been...
Hong Kong news site to shut; pro-Beijing lawmakers sworn in
China, Singapore, World

Hong Kong news site to shut; pro-Beijing lawmakers sworn in

HONG KONG (AP) — A group of lawmakers loyal to China’s Communist Party were sworn in to Hong Kong’s Legislature on Monday following an election without opposition candidates, as yet another pro-democracy news outlet announced it could no longer operate amid a growing crackdown on freedoms in the territory. The former British colony that was returned to China in 1997 was once known as a haven for dissent and freedoms of the press and expression not seen on the mainland. But the central government in Beijing has clamped down in the last year, leading to the closure of independent news outlets, the removal of monuments to dissent, and a poorly attended election swept by pro-Beijing politicians. The founders of news outlet Citizen News said the news site will stop publishing on Tuesday. Whil
Japan’s post-Covid regional dilemma
China, Singapore, World

Japan’s post-Covid regional dilemma

Japan's post-Covid regional dilemma Japan's Minister of Economy, Trade and Industry (METI) Koichi Hagiuda bumps fists with Prime Minister Prayut Chan-o-cha in Bangkok on Jan 13 as they cement bilateral trade and ties. (Photo courtesy of Government House) Among the major powers that are moving forward with an eye on the post-pandemic era, when Covid-19 will eventually become an endemic with flu-like manageability, Japan is second to none. The visit last week by its minister of economy, trade, and industry (METI), Koichi Hagiuda, made front-page news in Bangkok, following similarly notable media coverage in Jakarta and Singapore. But while it has played a critical role in Asean's economic development and regional security, Japan's Indo-Pacific geostrategic environment has become adverse wi...
A day away
Singapore, World

A day away

Spa treatment room. It may be the beginning of a new year, but I’m still suffering from ongoing pandemic and year-end celebration fatigue. Though with technology at our fingertips these days, that’s an easy fix. Enter DayAway, a hospitality start-up (mydayaway.com). The Singapore-based platform is the first online destination for exclusively-curated daytime experiences at the finest hotels in Thailand, Singapore and Hong Kong, with further expansions on the horizon. DayAway was founded by marketing expert Martha Waslen and launched with the iconic Raffles Hotel Singapore as its first hotel partner. “The idea to launch DayAway, Asia’s first online destination for booking hotel experiences by the day, was born in Singapore in August 2020 at the height of the pandemic with the aim to become
Khao Yai eyes export fillip with EU wine application
Singapore, World

Khao Yai eyes export fillip with EU wine application

Khao Yai eyes export fillip with EU wine application Khao Yai's GranMonte vineyard, which already sells some of its wine to Europe. Thailand is preparing to submit geographical indication (GI) applications in Europe for wine made in Khao Yai to increase wine exports. Vuttikrai Leewiraphan, director-general of the Intellectual Property Department, said the department expects to file the applications for Khao Yai wine in the EU by September this year. Four Khao Yai wineries registered for certification: GranMonte Vineyard and Winery, Village Farm, J&J Vineyard, and Alcidini. Khao Yai wines approved for GI must adhere to established winemaking standards, including the use of Vitis vinifera grapes grown only in the Khao Yai region, with no imported wine or other fruit juice added. A tota...
Year of Turbulence
Conflict, Opinion, Singapore, World

Year of Turbulence

Flying through the Covid cloud has been hard enough, and then there's the added drama of dealing with the lengthening shadow of China across the region. Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to cu...
CP chief upbeat despite inflation fears
Politics, Singapore, World

CP chief upbeat despite inflation fears

CP chief upbeat despite inflation fears Mr Suphachai believes 2022 will be a good year for Thailand, which has the capacity to serve as a regional hub. The head of Charoen Pokphand Group (CP) says Thailand is on a quest to become a regional hub in several sectors despite concerns hyperinflation could affect the nation's economic growth in 2022. Hyperinflation worries stem from a combination of factors including US-China geopolitical tensions, the global food and energy crises, a potential cryptocurrency bubble, and massive ongoing capital injections into the world economy to keep it afloat during the pandemic, said CP chief executive Suphachai Chearavanont. But after weighing the pros and cons, Mr Suphachai believes 2022 will be a good year overall, especially for Thailand, as the king...