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Development asian news

SuLin Tan - Singapore-Malaysia border economic zone a ‘potential game-changer’ but hurdles abound: investors - scmp.com - Malaysia - Singapore - city Singapore - city Kuala Lumpur

Singapore-Malaysia border economic zone a ‘potential game-changer’ but hurdles abound: investors

The planned Johor-Singapore Special Economic Zone (JS-SEZ) is more likely to succeed than previous joint ventures between the city state and Malaysia due to stronger bilateral government support and a desire by businesses to “internationalise” closer to home, proponents of the project say.

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Asia-Pacific’s riches grew 177% in last 15 years, outpacing rest of world, UBS finds - scmp.com - China - Usa - region Asia-Pacific - Switzerland

Asia-Pacific’s riches grew 177% in last 15 years, outpacing rest of world, UBS finds

The Asia-Pacific region has outpaced other regions in terms of wealth growth since 2008, according to the latest UBS global wealth report.

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Amy Sood - ‘Not enough jobs’: Indonesia’s 10 million Gen Z face looming unemployment crisis - scmp.com - Indonesia

‘Not enough jobs’: Indonesia’s 10 million Gen Z face looming unemployment crisis

Ferdy Susanto, a 23-year-old tech graduate in Indonesia, is feeling down on his luck. He has applied for at least 20 jobs in the past year but has yet to land one.

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CHARLOTTE GRAHAMMcLAY - New Zealand will radically ease zoning rules to try to relieve its stubborn housing shortage - apnews.com - New Zealand - Australia - city Wellington, New Zealand

New Zealand will radically ease zoning rules to try to relieve its stubborn housing shortage

WELLINGTON, New Zealand (AP) — New Zealand will drastically ease zoning restrictions in a bid to “flood the market” with land for homes and override the powers of local councils to curb development, the nation’s housing minister said in announcing reforms to what he called one of the world’s least affordable housing markets.

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Ernestine Siu - China faces economic headwinds as it grapples with an aging — and shrinking — population - cnbc.com - China

China faces economic headwinds as it grapples with an aging — and shrinking — population

China's population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure on fiscal policy.

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China leads in generative AI patent applications, U.N. agency says - asia.nikkei.com - Japan - China - Usa - India - South Korea

China leads in generative AI patent applications, U.N. agency says

GENEVA (AP) -- China has requested far more patents than any other country when it comes to generative AI, the U.N. intellectual property agency said Wednesday, with the United States a distant second.

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SHIGERU SENO - Nikkei senior staff writer - Ken Saito - Japan is 'best partner' for Africa in solar, hydrogen: U.N. agency head - asia.nikkei.com - Japan - Ukraine - city Tokyo

Japan is 'best partner' for Africa in solar, hydrogen: U.N. agency head

TOKYO -- Japan represents the "best partner" for Africa in solar and hydrogen power development, the chief of the United Nations Industrial Development Organization said on Monday, urging more private-sector investment into the continent.

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YUKIO TAJIMA - Nikkei staff writer - China develops new stealth aircraft likely to be deployed on carriers - asia.nikkei.com - Japan - China - Taiwan - city Beijing

China develops new stealth aircraft likely to be deployed on carriers

BEIJING -- China is developing a new stealth combat aircraft to be deployed on an aircraft carrier, Nikkei has learned. It will be a fifth-generation fighter jet with a stealth function and is expected to be deployed on China's third aircraft carrier, the Fujian.

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