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Defence Minister Richard Marles said the government’s plan would eventually increase the navy’s surface combatant fleet to 26 from 11, the largest it has been since the end of World War II.
SINGAPORE -- Southeast Asian startups' salaries for new hires in business development and sales have risen by as much as 20%, according to an annual report published Thursday, reflecting young companies' urgent need to generate cash amid a tougher funding environment.
SINGAPORE -- Banks in the 10-member ASEAN bloc may be seeing the last of beefy earnings from loans in the current higher financing era as lower interest rates loom.
Singapore's United Overseas Bank, or UOB, on Thursday cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22% jump in fourth quarter net profit.
UNITED NATIONS (AP) — Nine members of the United Nations Security Council condemned “indiscriminate” airstrikes by Myanmar’s military against civilians before an envoy briefed the council Monday as part of regional efforts to implement a peace plan that has so far been largely ineffective.
MAE SOT, Thailand (AP) — Thailand expects to open up a humanitarian corridor in about a month to deliver aid to suffering civilians in war-torn Myanmar, Thai Foreign Minister Parnpree Bahiddha-Nukara said Thursday after inspecting the planned staging area in the northern Thai province of Tak.
Navy spokesman Roy Vincent Trinidad said about 200 vessels, including coastguard fleets, were swarming the outcrop about 37km (23 miles) away from the Second Thomas Shoal, referred to by the Chinese as Renai Jiao.
Debt-stricken Sri Lanka has signed a trade pact with Thailand in a bid to boost trade and investment as the Indian Ocean island nation struggles to recover from its worst economic crisis that hit two years ago.