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Bloomberg in asian news

Bloomberg - As Singapore home sales surge, is the government ready to hit the brakes? - scmp.com - Singapore - city Singapore

As Singapore home sales surge, is the government ready to hit the brakes?

Developers likely sold more than 6,500 new units last year, based on preliminary calculations, after figures for December were released on Wednesday by the Urban Redevelopment Authority.

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Prabowo Subianto - Bloomberg - Dadan Hindayana - Indonesia may need US$6 billion more to expand free lunch programme - scmp.com - Usa - Indonesia

Indonesia may need US$6 billion more to expand free lunch programme

Indonesia may need an additional 100 trillion rupiah (US$6.1 billion) this year to expand President Prabowo Subianto’s free lunch programme to cover nearly 83 million people by year-end, according to a top official.

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Trump - Bloomberg - Minister warns Trump’s tariffs threaten Malaysia’s chip sector, may stoke global inflation - scmp.com - Canada - China - Usa - Malaysia

Minister warns Trump’s tariffs threaten Malaysia’s chip sector, may stoke global inflation

“The big concern to me would be the whole demand for chips, especially where advancement in AI is so key in driving growth,” Zafrul said. “Investments decisions are now being analysed” amid concerns that higher tariffs and the cost of moving business to the US will lift prices and lower demand. That could prompt underinvestment, he added, which would then hit future supply and push prices even higher.

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Bloomberg - Philippines turns to US firms for South China Sea oil drills as Beijing tensions persist - scmp.com - China - Usa - Philippines - city Beijing

Philippines turns to US firms for South China Sea oil drills as Beijing tensions persist

The projects that could involve American firms “are ultra deep within the archipelago,” Philippine Energy Secretary Raphael Lotilla said on Friday. He declined to name the companies pending firm commitments, but said some of them could be investors returning to the region.

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Bloomberg - Aidan Jones - Wang Xing - Thailand seeks to soothe Chinese visitors’ scam centre fears - scmp.com - China - Burma - Thailand - Hong Kong

Thailand seeks to soothe Chinese visitors’ scam centre fears

Tour guides also blamed safety fears for a drop in demand from independent travellers ahead of the holiday season, which begins on January 29.

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Anwar Ibrahim - Bloomberg - Malaysia seeks gag order on jailed PM Najib Razak’s house arrest bid - scmp.com - Malaysia

Malaysia seeks gag order on jailed PM Najib Razak’s house arrest bid

The gag order application, which was expected to be filed on January 20, also sought to prohibit the Malaysian parliament from discussing Najib’s attempt to serve the rest of his prison sentence at his own residence.

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Bloomberg - Rahm Emanuel - Envoy says sloppy American defence firms ‘bigger risk’ to US security than China - scmp.com - Japan - China - Usa - city Tokyo

Envoy says sloppy American defence firms ‘bigger risk’ to US security than China

Ambassador Rahm Emanuel said the firms are more focused on increasing their stock value than on investing in production capacity. This has contributed to delays in weapons shipments, which could harm US security and weaken American alliances, he said in an interview on Wednesday.

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Bloomberg - Reuters - Apple’s iPhone 16 still banned in Indonesia despite US$1 billion investment - scmp.com - Usa - Indonesia - Singapore - city Singapore

Apple’s iPhone 16 still banned in Indonesia despite US$1 billion investment

Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday.

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