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The deal involved the purchase of Far East Shopping Centre in Singapore’s Orchard Road shopping belt by a firm connected to Chinese tycoon Du Shuanghua, the people said, asking not to be identified because the matter is private. It collapsed after the parties failed to get approval from the Urban Redevelopment Authority, the people added.
In a joint declaration signed on Thursday in Washington, New Zealand Foreign Minister Winston Peters and US Secretary of State Antony Blinken recommitted to the “historic partnership” between the two nations and the principles that underpin it, including the rule of law, democracy and human rights.
“The Cambodian people – along with people in neighbouring countries and the broader region – would benefit from transparency on any major undertaking with potential implications for regional water management, agricultural sustainability, and security,” Wesley Holzer, public diplomacy officer at the US embassy in Phnom Penh, wrote in response to questions from Bloomberg regarding the project.
Leaders from Chinese-majority DAP and UMNO have been at odds following the latter’s continued boycott of the supermarket chain where the socks were found.
“If that agreement says we need to seek permission from another country to be able to do something within our own territory, it would probably be difficult to honour that agreement,” Marcos told reporters on Wednesday.
Rahm flagged the importance of the alliance with Japan in helping the US switch to a more multinational approach to security and economic development. The US has been known for a “hub and spokes” approach to security ties that didn’t require close relationships among its allies.
“If there can be gains that are in the interests of the three Aukus partners but in addition any partners outside the direct Aukus relationship, then that will be considered,” Albanese said, adding Japan was a “natural candidate” to work on such projects.
The US ambassador to the United Nations will travel to the North Korean border as the Biden administration looks to reaffirm support for Asian allies and draw attention to a breakdown in Security Council unity over efforts to rein in Pyongyang’s nuclear arsenal.