Singapore’s state investor Temasek has denied involvement in Indonesia’s looming MSCI reclassification, following accusations that the city state’s sovereign wealth funds were pulling strings behind the scenes for their own gain. On Wednesday, Fock Wai Hoong, head of Asia-Pacific at Temasek Global Investments, said the claims had “no basis” and were “patently untrue”. Former Indonesian trade minister Muhammad Lutfi on Monday claimed that Singapore’s sovereign wealth funds, Temasek and GIC, were...
Read full articleA South Korean court has handed a suspended prison term to a passenger who lifted an emergency door lever on a Bangkok-Daegu flight at 37,000 feet (about 11,300 meters).
The High Court in Kuala Lumpur has ordered the Malaysian government to return about 176 bitcoin, now worth around US$14.3 million, to nine victims of a cryptocurrency investment scam.
Only 12pct, or 897 units, remain vacant - Nga.
A Singaporean couple who regularly abused their first child after he was born, resulting in his death at the age of eight months, were sentenced to jail on Wednesday. Chloe Gan Ci Xuan, 23, and Neo Jia Ming, 27, were sentenced respectively to 15 years and three months’ jail and 16 years’ jail for various charges over the death of their son, Trevor Neo Yu Hin. Gan pleaded guilty to three charges comprising causing the death of a child, ill-treating a child and permitting such ill-treatment. Neo...
Vietnam has welcomed the University of Hong Kong Business School's plan to establish a campus in Hanoi, proposing phased investment and expanded cooperation in research, training and scholarships.
A German tourist who fell onto a lower deck of a cruise ship on Ha Long Bay had emergency surgery in Hanoi before returning home for further treatment, the hospital said this week.
30pct threshold restored after a review that included consultation with stakeholders - Akmal.
UPDATED 11.45AM | Incidents allegedly took place at KLIA on Sept 28.
'Don't you find it weird that MACC is probing itself?'
Vietnam and Denmark have upgraded bilateral relations to a Comprehensive Strategic Partnership, with priorities including green energy, trade, investment, technology and maritime cooperation.
The European Union (EU) is providing 10 million euros (US$11.22 million ) to fund studies and investment preparations for an extension of Hanoi's Metro Line 3 from Hanoi Station to Hoang Mai.
Thailand, the third largest economy in Southeast Asia, has approved 10.5 billion baht (US$313 million) in flood relief, alongside other measures including debt-payment suspensions and soft loans, government officials said on Tuesday.