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WORLD

Philippines, Vietnam set to sign coast guard pact

Bloomberg News, Published on 26/01/2024

» MANILA - The Philippines and Vietnam are set to sign a cooperation agreement between their coast guards as Philippine President Ferdinand Marcos Jr. boosts partnerships in the region amid lingering tensions with Beijing in the South China Sea.

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PROPERTY

Singapore home rents fall for first time in over three years

Bloomberg News, Published on 26/01/2024

» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.

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WORLD

China, Singapore to start mutual visa-free entry on Feb 9

Bloomberg News, Published on 25/01/2024

» SINGAPORE - Citizens from China and Singapore can visit the other without needing a visa starting Feb 9, as the world’s second-largest economy ramps up efforts to encourage more cross-border exchanges.

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WORLD

Man gets death for Japan animation fire that killed 36

Bloomberg News, Published on 25/01/2024

» KYOTO - A Japanese district court sentenced a man to death for setting a fire that killed 36 people at Kyoto Animation studios in 2019 in one of the country's biggest mass-murder cases in recent history, Kyodo News and local media said.

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WORLD

North Korea fires cruise missiles to ratchet up pressure

Bloomberg News, Published on 24/01/2024

» SEOUL - North Korea fired multiple cruise missiles into waters off its west coast, stepping up tensions after leader Kim Jong Un said he plans to boost the country's nuclear-strike capabilities.

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INVESTMENT

Investment giant Franklin Templeton explores Thailand expansion

Bloomberg News, Published on 23/01/2024

» HONG KONG - Franklin Templeton is weighing expansion in Thailand, seeking to lure local investors of offshore products as the asset manager strengthens its Asia operations.

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GENERAL

GDP growth fell in 2023, piling rate-cut pressure

Bloomberg News, Published on 23/01/2024

» Thailand's economic recovery lost momentum last year and missed official forecasts, according to a government spokesman Chai Wacharonke, potentially piling pressure on the central bank to pivot to early easing.

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INVESTMENT

Bitcoin down about 20%

Bloomberg News, Published on 23/01/2024

» PORTLAND - Bitcoin has fallen almost 20% since the Jan 11 launch of the first exchange-traded funds investing directly in the token as speculators become more cautious about the potential impact of the products.

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MOTORING

Indonesia says BYD to invest $1.3 billion to boost output

Bloomberg News, Published on 19/01/2024

» China’s BYD (Build Your Dreams), the world’s largest maker of electric vehicles (EVs), will invest US$1.3 billion in Indonesia, including in a production facility, according to a senior government official.

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WORLD

North Korea tests undersea nuclear weapon system, warns of more

Bloomberg News, Published on 19/01/2024

» SEOUL - North Korea claimed it conducted an "important" test of an underwater nuclear weapon system off the nation's east coast, the latest development stirring up tensions on the Korean Peninsula.