Indonesian President Joko Widodo urged global central bankers and finance ministers on Friday to guard against growing risks facing the world’s economy, as a heated a Sino-US trade war roils both emerging and developed markets.
At the plenary session of the International Monetary Fund and World Bank meetings being hosted by Indonesia, Widodo peppered his speech with references to the HBO series Game of Thrones, where families and kingdoms battle for power in a fictional continent, to…
Are you ready for the new carbon reporting framework?
ANALYSIS: The UK’s new Streamlined Energy and Carbon Reporting framework (SECR) is being introduced from 1 April 2019.
What the Insurance Distribution Directive means for firms
ANALYSIS: New rules on insurance distribution have come into force that set new requirements about the way businesses in the insurance market engage with customers.
Baker’s refusal to bake gay marriage cake not direct discrimination
A Christian bakery’s refusal to bake a cake iced with a message supportive of same sex marriage was not direct discrimination, the UK’s highest court has ruled.
China-SE Asia’s cultural ties are as binding as economic ones
Cultural exchange is just as important to ties between China and Southeast Asia as economic links and investments in technology and science, according to former United Nations under-secretary-general Noeleen Heyzer.
The social scientist told a panel discussion at the South China Morning Post ’s China Conference in Kuala Lumpur that sustaining cultural and social ties should be considered a soft investment in regional integration.
“Building the infrastructure, economic corridors and…
Malaysian government agrees to abolish death penalty in move hailed by rights campaigners
Malaysia’s cabinet has agreed to abolish the death penalty, a senior minister said on Thursday, with more than 1,200 people on death row set to win a reprieve following a groundswell of opposition to capital punishment.
Capital punishment is currently mandatory for murder, kidnapping, possession of firearms and drug trafficking, among other crimes, and is carried out by hanging – a legacy of British colonial rule.
Communications and multimedia minister Gobind Singh Deo confirmed the…
Constructing stadiums for Qatar 2022: issues for contractors
ANALYSIS: With the main contractors appointed and construction works well underway, the stadiums which will host the 2022 World Cup are beginning to take shape.
Forget the US$23 billion question. China-Malaysia ties are strong
Investors should be bullish regarding the China-Malaysia economic relationship, regardless of the uncertainty surrounding joint projects worth US$23 billion that have been called into question by Malaysian Prime Minister Mahathir Mohamad.
That was the message from top Malaysian businessmen who addressed the South China Morning Pos t’s China Conference in Kuala Lumpur on Wednesday.
Francis Yeoh, the executive chairman of the YTL Group, used the example of the East Coast Rail Link, a US$13…
EU banks need €24.5 billion of capital to comply with Basel III reforms, says EBA
The European Banking Authority (EBA) has found that EU banks require €24.5 billion of capital to comply with the implementation of regulations designed to strengthen banks’ capital requirements.
Chinese investment in Malaysia: don’t judge it by controversies with Mahathir
The poor reputation of the few, controversial Beijing-backed infrastructure projects that Malaysian Prime Minister Mahathir Mohamad is seeking to cancel should not detract from the overall benefits of “dynamic” Chinese investments into Malaysia, a prominent local political economist has said.
Unlike the US$23 billion worth of projects Mahathir is seeking to cancel, there are smaller-scale investments from private Chinese investors into Malaysia’s manufacturing sector that are…