For next year, growth is projected at 1-3 per cent but ‘much will depend on the external environment’ such as the Ukraine war and Israel-Gaza war.
Singapore residents to feel 2024 GST hike’s ‘psychological pinch’ even with government’s cushioning measures
Businesses in Singapore have unveiled promotions to lure shoppers ahead of the rise in GST from 8 per cent to 9 per cent on January 1.
Why Indonesia shouldn’t rush to join the OECD ‘rich man’s club’
Indonesia’s plans for an accelerated accession come as global concerns grow over the OECD’s transparency and fairness towards developing nations, particularly in its tax policies.
Philippines’ iconic jeepneys face final stop as drivers strike against ‘ill-thought out’ Jan 1 phase-out deadline
Jeepney drivers across Manila went on strike on Friday to protest the government’s phase-out plan, fearing job loss and financial burden.
Singapore jails man for 20 weeks over use of fake Malaysian passport
Andrew Lu, 58, had assumed he was wanted by Singapore police for his involvement in a gang fight so he obtained a fake Malaysian passport to enter Singapore.
Singapore PM Lee warns of ‘very convincing’ deepfakes ‘spreading disinformation’ after fake video of him emerges
Referring to a fake video of him endorsing cryptocurrency trading, Lee warns the “use of deepfake technology to spread disinformation will continue to grow”.
Nepal plane crash that killed 72 caused by pilots mistakenly cutting power, panel finds
A member of the investigative panel said an aerodynamic stall occurred after the pilots mistakenly cut power on the Yeti Airlines flight. All 72 people aboard were killed.
Malaysia ex-minister Daim Zainuddin slams PM Anwar Ibrahim for ‘political witch-hunt’ over corruption probe
A 58-storey building in Kuala Lumpur belonging to the close ally of ex-PM Mahathir Mohamad was seized as part of the investigation.
North Korea’s Kim orders military to accelerate war preparations, state media reports
Kim Jong-un ordered the munitions industry and nuclear weapons sector to accelerate war preparations to counter what he called unprecedented confrontational moves by the US, state media reported.
Indonesian protesters storm refugee shelter, call for deportation of Rohingya
Rohingya refugees have experienced increasing hostility in Indonesia as locals grow frustrated at the numbers of boats arriving with the ethnic minority, who face persecution in Buddhist-majority Myanmar.