Malaysia sets up chip-design hub to ‘drive demand’ for semiconductor industry
Malaysia has set up a chip-design hub in Selangor state to boost its semiconductor industry and attract foreign investments.
Bloomberg in asian news
Australia’s cap on foreign students could cost economy US$2.8 billion, universities warn
Australian universities have warned of mass job losses if the government moves too quickly to impose caps on international student numbers, with one industry body calling the proposed policy an unprecedented “ministerial overreach.”
Thailand closer to take gamble on casinos, unveils draft rules
Draft rules to allow casinos with an initial license for 30 years were published for public feedback until August 18 by the Council of State, the government’s legal agency. The casinos will have the option of renewing the permit for another 10 years and be housed in large entertainment complexes along with hotels, convention centres and amusement parks, among others.
Philippines fortifies South China Sea outpost for a decade
The Philippines has carried out substantial reinforcements on a grounded World War II-era ship in the contested South China Sea, enough to make the outpost at the centre of tensions with Beijing last at least another decade, according to four people familiar with the matter.
Gearbox caused deadly 2023 Osprey crash in Japan, US Air Force says
A major gearbox failure caused the crash of a US military Osprey aircraft off the coast of Japan last year that killed eight airmen, the US Air Force said, a cause similar to some previous incidents with the tilt-rotor aircraft.
India’s deadly landslides expose country’s weak project planning: ‘disasters in the making’
While the extent of the disaster is hard to ascertain, media reports pin the death toll at more than 150, as rescuers wade through mud and debris looking for hundreds still missing.
Malaysia’s largest state, Sarawak, reclaims gas assets in autonomy bid
Malaysia’s biggest state, Sarawak, is set to take control of its natural gas assets from federal government-run companies, as its campaign for economic autonomy bears fruit in the Southeast Asian country’s fragile political landscape.
South Korea arrests official for alleged leak of overseas spies list
A military court issued a warrant to arrest the official Tuesday, South Korea’s Defence Ministry said in a statement.