Archive for December 3rd, 2016
Japan Ups Its Game Against China’s Belt And Road
Japan, too, is building the New Silk Road. What has generally been posited as a Chinese initiative since Xi Jinping announced the Belt and Road initiative in 2013 is actually [...] » More
JGBs edge down, pressured by US Treasuries
Japanese government bonds were mostly lowers on Friday, pressured by an overnight drop in US Treasury prices. The 10-year JGB yield rose half a basis point (bp) to 0.035 [...] » More
Japan’s Important Role In Saudi’s Vision 2030
In late August and early September, deputy Crown Prince Mohammad bin Salman led a Saudi delegation to Tokyo to meet with Japan’s political leadership and business [...] » More
Singapore fines two British banks for 1MDB-linked lapses
Singapore’s financial regulator said Friday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown on money laundering linked [...] » More
Singapore, Malaysia need sound agreement on HSR
Prime minister Lee Hsien Loong believes cost sharing of the High Speed Rail (HSR) project is one of the factors making the project complicated, since there are two countries [...] » More
Sheng Siong kidnapper gets life imprisonment, caning
The man who kidnapped the mother of the Sheng Siong supermarket chain’s founder was found guilty by Singapore’s High Court on 1 December 2016. Lee Sze Yong, 44, [...] » More
KL-Singapore High-Speed Rail agreement likely to be inked on December 21
PM Lee (seen here with Malaysian PM Najib Razak) is confident about the success of the HSR project, despite having acknowledged the difficulties involved. Prime minister Lee [...] » More
Singapore and Japan hope TPP will be ratified and entered into force ‘expeditiously’
Japan and Singapore will work together to ratify the Trans-Pacific Partnership (TPP) free trade pact as soon as possible. This came out of a meeting on Thursday (December 1) [...] » More
Singapore Fund Asks US Warehouse Operator To Consider Strategic Review
Global Logistic Properties, the second-biggest owner of warehouses in the US, enlists J.P. Morgan Global Logistic Properties Ltd said Thursday it is undertaking a strategic [...] » More
Singapore’s Digital Shoppers Swayed Primarily by Price
Ecommerce represents a small but growing portion of retail sales in Singapore. According to eMarketer’s latest forecast on the topic, ecommerce will account for 4.5 [...] » More
HSBC Now Accepts Apple Pay in Singapore
HSBC has announced it now accepts Apple Pay in Singapore as of December 1. Visa and MasterCard credit cards issued by the bank can now be used with Apple Pay wherever [...] » More
Singapore’s new tallest building a ‘vertical city’
Singapore’s canyons of skyscrapers have a new peak with the opening of the Tanjong Pagar Centre on the fringes of the central business district, sitting atop one of the [...] » More
PNP raises terror alert level 3 nationwide
The Philippine National Police (PNP) has raised terror alert “level three” all over the country following the foiled bomb attack near the US Embassy on Roxas [...] » More
Terrorist threats may suspend Masses in Philippines capital
An uptick in terrorist activity may cause Masses and other liturgical celebrations to be suspended in the capital city of Manila, Philippines, the country’s [...] » More
With Rodrigo Duterte at helm, US’s strategic ally Philippines suffers ‘American fatigue’
It was the Cold War situation of the 1940s and 1950s that necessitated American bases, which buoyed the Filipino coffers. But as the Cold War fizzled to an end, so did the [...] » More
