As the Association of Southeast Asian Nations (Asean) turns 50 this year, the economic strides that have made the regional bloc the world’s seventh-largest economy will set it up for sustained growth, increased prosperity and exciting prospects for the next half century.
Technology, and how it will continue to change the way people live, work, shop, dine, travel and save, is perhaps one of the most fascinating advances in recent times, and one that presents vast opportunities ahead.
China…
Three-yearly discount rate reviews should reduce ‘shocks’ for insurers, says expert
Insurers will welcome government proposals to reform the way in which the ‘discount rate’ applied to lump sum personal injury payments is calculated following the dramatic change announced in February, an expert has said.
What to know: UN Security Council set to vote Monday on more North Korea sanctions
North Korea’s September 3 nuclear test was the country’s largest and prompted global outrage. The US is calling for an oil embargo on Pyongyang and assets freeze on leader Kim Jong-un.
What, when and where
■ The UN Security Council is set to vote on Monday afternoon (New York time) on a US-drafted resolution to impose new sanctions on North Korea. Last Tuesday, the US circulated a draft resolution proposing a ban on all oil and natural gas exports to the country and a freeze…
‘Those that ran were hacked to death’: Rohingyas relive massacre in Myanmar after fleeing to Bangladesh
Myanmar soldiers barred the entrance to the mosque, men arrived with machetes and petrol cans and then, according to Rohingya Muslim eyewitnesses, the killing began.
“Those that ran were hacked to death. Others that got away were shot by the army,” said Master Kamal, a 53-year-old teacher, and one of the survivors of the massacre in Aung Sit Pyin in Myanmar’s Rakhine state.
“They were burning houses. We fled to save our lives.”
Kamal said he saw three neighbours…
Philippine President Rodrigo Duterte rules out negotiating with Islamist insurgents in Marawi
Philippine President Rodrigo Duterte on Saturday ruled out the possibility of allowing Islamic State-linked militants to flee a southern city in exchange for the release of dozens of hostages.
The militants seized large parts of Marawi City on the island of Mindanao in May, and a hard core of fighters has held out through more than 100 days of air strikes and ground attacks by troops.
“No way,” Duterte told reporters when asked about a rumour that one rebel leader, Omarkhayam Maute…
Myanmar’s Rohingya militants declare one-month ceasefire to allow delivery of aid to Rakhine
Rohingya militants, whose August 25 raids in Myanmar’s Rakhine State sparked an army crackdown that has seen nearly 300,000 of the Muslim minority flee to Bangladesh, on Sunday declared an immediate unilateral one-month ceasefire.
Bedraggled and exhausted Rohingya refugees have arrived in huge numbers in Bangladesh’s Cox’s Bazar area for over two weeks, while tens of thousands more are believed to be on the move inside Rakhine, many in desperate conditions after more than a…
‘A bomb blew off parts of my hand’: wounded Rohingya refugees overwhelm Bangladesh hospital
Nurses at the Bangladeshi hospital treating 16-year-old Rohingya refugee Mohammad Junaed for a bullet wound have had to tie him to his bed to stop him jumping out of it in pain whenever the morphine starts to wear off.
The traumatised teenager should be in intensive care after he was shot in the head allegedly by soldiers in his native Myanmar just days ago. But his family, who fled the fighting across the border with little more than the clothes they were wearing, have no way of paying the…
Asia’s Palestine? Myanmar’s Rohingya: stateless, persecuted and a new cause for religious extremism
The recent clashes in northwestern Myanmar between Muslim Rohingya insurgents and the country’s military and police, which erupted on August 25, have already sown the seeds of a regional sectarian and humanitarian crisis. The violence, part of much wider, longer-running unrest in Rakhine state, caused 400 civilian deaths according to official counts, and displaced at least 270,000 people, many of whom are now desperately short of food and water. In response, sentiment against Buddhist-…
Second UK Finance Bill 2017 published
The UK government has published its second Finance Bill of 2017, including legislation to introduce restrictions on corporation tax deductions for interest payments and other provisions which were removed from the Finance Bill published before the general election on 8 June.
UK businesses should honour pre-Brexit data protection rights of foreign citizens post-Brexit, says EU
UK businesses should continue to honour the data protection rights of customers and staff based in the EU and elsewhere overseas post-Brexit, the European Commission has said.
