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Search Result for “$3 million”

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WORLD

Alleged scam leader’s Singapore aide seeks access to seized cash

Bloomberg News, Published on 13/11/2025

» SINGAPORE — The Singapore family office of alleged scam kingpin Chen Zhi and three companies linked to him are seeking access to funds that were frozen by the city-state’s authorities last month.

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BUSINESS

Trump offers little relief for Asean, economics says

Bloomberg News, Published on 29/10/2025

» WASHINGTON — US President Donald Trump’s latest trade deals with members of the Association of Southeast Asian Nations (Asean) risks seeing them receive less than Washington gets in return, according to Bloomberg Economics.

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WORLD

Record Vietnam rains kill nine, forcing thousands to evacuate

Bloomberg News, Published on 29/10/2025

» HANOI — Widespread flooding across central Vietnam has killed nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather.

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BUSINESS

Philippine peso falls to new record low

Bloomberg News, Published on 28/10/2025

» MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.

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BUSINESS

Singapore to impose green aviation fuel levy on flights

Bloomberg News, Published on 18/10/2025

» SINGAPORE — Singapore’s parliament passed a bill on Tuesday introducing a fixed levy on departing flights to cut emissions and support the use of sustainable aviation fuel (SAF) by airlines.

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BUSINESS

New Vietnam Airline bets tourism boom can offset crowded skies

Bloomberg News, Published on 16/10/2025

»  HANOI — Startup Vietnamese carrier Sun PhuQuoc Airways plans to acquire a total of 100 Airbus SE and Boeing Co jets within five years as it seeks to break into the country’s fast expanding tourism market and crack the nation’s congested skies.

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WORLD

Singapore ties to alleged Cambodian scam ring under spotlight

Bloomberg News, Published on 16/10/2025

» SINGAPORE — The alleged head of a Cambodian criminal ring and his associates set up a family office in Singapore that claimed to receive tax breaks, while also building relationships with firms backed by state investor Temasek Holdings Pte and spending millions on properties in the city-state.

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BUSINESS

Europe has 8 car plants too many as Chinese rivals make inroads

Bloomberg News, Published on 13/10/2025

» PARIS - Slack car demand and new competitors like China’s BYD Co. could force Europe’s manufacturers to shed as many as eight factories as the industry moves through a painful reset, according to consultancy AlixPartners.

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BUSINESS

New Zealand names first woman as governor in central bank’s 90-year history

Bloomberg News, Published on 24/09/2025

» AUCKLAND — New Zealand named Anna Breman as the new Reserve Bank governor, appointing a woman to the role for the first time as it seeks to refresh an institution damaged by the unexpected departure of predecessor Adrian Orr earlier this year.

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BUSINESS

World must spend $540 billion a year looking for oil, gas

Bloomberg News, Published on 16/09/2025

» TORONTO — The world needs to spend some US$540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy Agency (IEA).