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Development asian news

TODAY - Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will now have to refund fees - scmp.com - Usa - Singapore -  Singapore

Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will now have to refund fees

They are the Council for Estate Agencies, Housing and Development Board (HDB), the Land Transport Authority (LTA), the Office of the Public Guardian (OPG) under the Ministry of Social and Family Development, the Singapore Food Agency and the Urban Redevelopment Authority.

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Nikkei staff writer - TSUBASA SURUGA - Singapore's CapitaLand sets up lodging fund with $600m target - asia.nikkei.com - Singapore -  Singapore

Singapore's CapitaLand sets up lodging fund with $600m target

SINGAPORE -- CapitaLand Investment (CLI) has set up a new private fund with a target equity size of $600 million, the Singapore-listed company announced Wednesday, focusing on serviced residences and lodging properties in developed Asian markets. 

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Caixin - China's software service providers bet on AI amid funding chill - asia.nikkei.com - China

China's software service providers bet on AI amid funding chill

The Chinese software service industry is heading into a capital winter as the buzz of the late 2010s and flood of investment have yet to generate any headline-grabbing success stories. But as downtrodden investors pull back from much of the sector, one niche is still attracting capital: software as a service (SaaS) combined with artificial intelligence (AI).

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Nikkei staff writer - KENYA AKAMA - Thailand's Betagro invests in German fungi-based meat startup - asia.nikkei.com - Thailand -  Bangkok - Germany

Thailand's Betagro invests in German fungi-based meat startup

BANGKOK -- Thailand's Betagro Group is expanding its appetite for alternative meat with an investment in German startup Infinite Roots, which is developing a protein derived from fungi.

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Nawaz Sharif - MUNIR AHMED - Shehbaz Sharif - Imran Khan - Asif Ali Zardari - Pakistan’s former premier Sharif and allies agree to form a coalition - apnews.com - Pakistan -  Islamabad

Pakistan’s former premier Sharif and allies agree to form a coalition

ISLAMABAD (AP) — The party of Pakistan’s former Prime Minister Nawaz Sharif and its allies announced late Tuesday that they will jointly form a coalition government, ending the uncertainty since last week when no party won a simple majority in parliamentary elections.

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Ryan Browne - European Commission - Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules - cnbc.com - Eu

Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules

Apple's iMessage messaging service and Microsoft's Bing and Edge search browsers should not be designated as "gatekeepers" under the European Union's strict digital competition laws, the European Commission said Tuesday.

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Donald Trump - Why South Korea must see going nuclear as a non-starter - scmp.com - Usa - South Korea - North Korea -  Pyongyang -  Seoul -  Sanction

Why South Korea must see going nuclear as a non-starter

However, Yoon hinted at the country’s high level of nuclear latency, saying that “it would not take long to develop nuclear weapons if the country put its mind to it”. In doing so, he gave form to an issue gaining prominence.

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Julian Ryall - Japan to help improve maritime capabilities of 4 Asean states amid South China Sea row - scmp.com - Japan -  Tokyo - China - Philippines -  Beijing -  Manila - Indonesia - Malaysia - Vietnam

Japan to help improve maritime capabilities of 4 Asean states amid South China Sea row

The details of the project are being drawn up by the Japan International Cooperation Agency, which is usually tasked by the government with implementing overseas development assistance schemes to build schools, hospitals and other infrastructure in developing nations.

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