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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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WORLD

Southeast Asia heat breaches records, prompts gas buying

Bloomberg News, Published on 30/04/2024

» Southeast Asia's severe heat wave is pushing temperatures and power demand to new records, straining grids and prompting traders in the region to bulk up on natural gas cargoes.

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WORLD

Hamas studying Israel’s truce counterproposal

Bloomberg News, Published on 27/04/2024

» GAZA - Hamas said it has received and will study the latest counterproposal by Israel on a ceasefire in the Gaza Strip and the release of hostages.

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WORLD

Singapore plans law to support gig workers’ retirement

Bloomberg News, Published on 27/04/2024

» SINGAPORE - This year, Singapore will introduce a new law aimed at supporting so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

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WORLD

Kim Jong Un tests rockets to strike Seoul, perhaps sell to Putin

Bloomberg News, Published on 26/04/2024

» SEOUL - North Korea's leader Kim Jong Un oversaw tests of a new North Korean rocket system that could bolster his ability to attack Seoul and it may become a weapon he attempts to sell to Russia for use in its assault on Ukraine.

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PROPERTY

Singapore home price rises slow, rents fall

Bloomberg News, Published on 26/04/2024

» SINGAPORE - Home prices in Singapore grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.

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WORLD

Xi to meet Blinken to steady China-US ties

Bloomberg News, Published on 26/04/2024

» BEIJING - United States Secretary of State Antony Blinken will meet with President Xi Jinping in Beijing, as the world’s biggest economies spar on trade complaints and China's continued support for Russia.

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GENERAL

Dirtier and heavier oil in demand as market shifts

Bloomberg News, Published on 22/04/2024

» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.

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WORLD

Dubai floods expose weaknesses to a rapidly changing climate

Bloomberg News, Published on 20/04/2024

» DUBAI - The heavy rains that flooded Dubai this week halted air traffic, damaged buildings and streets — and left climate experts and common citizens asking whether one of the world’s hottest and driest cities should be better prepared for extreme storms.

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INVESTMENT

Apple to invest $250m to expand Singapore campus

Bloomberg News, Published on 18/04/2024

» SINGAPORE - Apple Inc plans to invest more than US$250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement on Wednesday.