Will foreign property buyers from China, Asia shun Australian market over latest fees surge?
The Australian government passed the new rules on Wednesday to preserve the housing supply for local buyers and tenants.
Development asian news
Singapore builds ChatGPT-alike to better represent Southeast Asian languages, cultures
Like millions worldwide, Southeast Asians have been trying out large language models such as Meta’s Llama 2 and Mistral AI – but in their native Bahasa Indonesia or Thai. The result has usually been gibberish in English.
Is India targeting Muslims, with population growth committee as ‘camouflage’?
India is set to establish a high-powered committee to address its rapid population growth and demographic changes, its interim budget showed, sparking concerns that officials are targeting Muslims.
Malaysia 1MDB scandal: watchdog warns of protests over leniency for Najib and ‘political elite’
Najib’s fine was also slashed to 50 million ringgit (US$10.5 million) from 210 million ringgit.
Indonesia election 2024: calls grow for government to relook dual citizenship ban amid ‘brain drain’
Under Indonesian law, citizens automatically lose their nationality once they obtain foreign passports.
Asia-Pacific’s mineral exporters face bumpy ride amid China’s ‘sputtering demand’, property woes
“The real estate industry will probably take some time to recover. Consumer confidence is relatively low and the demand for housing will not re-bounce soon. Thus, the import demand for mineral commodities related to construction is likely to be reduced,” said Rose Xiaowei Luo, a professor of entrepreneurship and family enterprise at graduate business school INSEAD in France.
Malaysian boycotters hail win as FamilyMart says it does ‘not deal with Israel’
Malaysians boycotting Israel-affiliated firms have hailed another victory in their vote-with-their-feet campaign, after forcing the Japanese parent company of FamilyMart to end an agreement with an Israeli defence firm over fears of a damaging backlash in Muslim markets.
Toyota's home ground becomes home for drone and space startups
TOKYO -- Startups developing future forms of transportation like space planes, drones and flying cars are being bred in central Japan's Aichi prefecture, home to Toyota Motor and its suppliers, driven by a sense of urgency to foster industrial momentum amid challenges from the emergence of electric vehicles.