Showing 1-10 of 60 results
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Politicians dangle B3.14tn worth of promises
Bloomberg News, Published on 18/03/2023
» With the country heading into a general election in May, key political parties are promising more than 50 million voters almost everything from steep increases in cash handouts and wages to suspending debt repayment.
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Malaysia PM says govt signs pact with opposition on political stability
Bloomberg News, Published on 13/09/2021
» KUALA LUMPUR: Malaysian Prime Minister Ismail Sabri Yaakob on Monday said the government has signed an agreement with the main opposition bloc on political transformation and stability. The memorandum of understanding includes strengthening of the country's Covid-19 plan, transformation of governance, and parliamentary reforms, the prime minister said in a statement.
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Singapore orders Israel to remove 'unacceptable' online post
Bloomberg News, Published on 26/03/2024
» SINGAPORE - Singapore has ordered the Israel Embassy to take down an "insensitive and inappropriate" social media post that could undermine security in the city-state, in the latest test of traditionally warm ties between the two nations.
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Trade route talks meant to bridge Asia-Europe move at two speeds
Bloomberg News, Published on 15/03/2024
» WASHINGTON - An ambitious project to link the emerging industrial powers of South Asia with Europe and beyond is moving at two speeds, illustrating the difficulty of aligning aspirations for one of the world’s longest trade routes during a period of geopolitical turmoil.
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Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
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Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
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Health ministry wants ban on recreational cannabis by year-end
Bloomberg News, Published on 21/02/2024
» The government wants to ban recreational use of cannabis by the end of this year, Public Health Minister Cholnan Srikaew said on Wednesday, threatening to put thousands of marijuana shops and farms that have sprung up around the country since a decriminalisation drive two years ago out of business.
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Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
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Myanmar plays down Asean chair loss as bloc slams violence
Bloomberg News, Published on 06/09/2023
» YANGON - Myanmar’s junta played down the Association of Southeast Asian Nations' (Asean) decision to strip it of the chairmanship in 2026, saying it had other priorities that includes making preparations to hold elections seen by the West as a sham.
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New govt needed to stem fund exodus, says Srettha
Bloomberg News, Published on 14/06/2023
» Thailand needs to install a new coalition government headed by prime ministerial frontrunner and Move Forward Party (MFP) leader Pita Limjaroenrat at the earliest to allay investor concerns and stem an exodus of foreign funds from the nation’s stocks and bonds, according to Srettha Thavisin, a core member of the Pheu Thai Party.
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