Executives at top US and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday seeking to forge business partnerships during US President Joe Biden’s visit to Hanoi which has seen new deals on planes and AI.
Malaysian PM Anwar to spend billions in 5-year plan to reduce poverty, boost economic growth
PM Anwar Ibrahim says poverty eradication, boosting exports of services and establishing an economy driven by the halal industry are key to his economic plans.
US, Russia praise G20 summit declaration as India meeting closes
Moscow said ‘everything was reflected in balanced form’, while Washington said the resolution ‘does a very good job of standing up for the principle that states cannot use force to seek territorial acquisition’.
US President Biden’s Vietnam visit to focus on upgrading ties, supply of chips and key minerals, honouring John McCain
US President Joe Biden’s Vietnam visit will focus on upgrading ties between the two countries as Washington seeks to hedge against China-related risks.
Couple demand refund from Singapore Airlines after sitting next to drooling, snorting dog for 13 hours
A New Zealand husband and wife were on a flight from Paris to Singapore seated next to a dog that was ‘snorting’ and passing wind throughout the journey. They say they weren’t informed before the flight.
Malaysia targets Singapore’s expats as Chinese-built Forest City homes ‘sit empty’
PM Anwar Ibrahim is luring foreign professionals next door with tax breaks and easy visa access, but investors are waiting for more clarity on the condo project.
Employers offered alternative end of service benefits scheme in the UAE
The manner in which end of service gratuity is to be handled in the UAE will be changed substantially, as employers can soon opt for an alternative end of service benefits scheme for their staff.
IMF’s view of generative AI risks provides learning points for financial firms
The International Monetary Fund’s (IMF’s) recent call on financial regulators to “strengthen their institutional capacity and intensify their monitoring and surveillance of the evolution” of generative AI is consistent with the increasing scrutiny being given to the technology. It is a topic that many financial regulators globally are already following closely.
FCA signals ‘data-focused’ approach to protecting access to cash in UK
The UK’s Financial Conduct Authority (FCA) intends to take a cautious approach, based on data, when using its new powers to ensure the continued availability of cash withdrawal and deposit facilities in local communities across the UK.
Singapore plan to import Indonesia clean energy advancing as region develops renewables ‘faster and bigger than people realise’
Singapore currently generates 95 per cent of its electricity from natural gas, but lack of space limits the building of solar and wind farms.