Singapore

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...

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...