Silkworm satay? Singapore approves insects as food
CNN —
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By 2050, the Asia-Pacific will be home to 1.3 billion people aged 60 and older – a staggering one in four of the population, according to United Nations projections. Southeast Asia is forecast to bear the brunt of this demographic shift, with over 170 million elderly accounting for 22 per cent of the region’s people.
On Wednesday, Singaporean singer-actor Aliff Aziz, 33, and Malaysian actress Ruhainies, 31, pleaded not guilty to the charges of being in close proximity – which saw the pair being detained by Federal Territories Islamic Religious Department (Jawi) officers at a condominium in Kuala Lumpur on March 9.
The better than expected figure and an upwards revision to first quarter data to 3.0 per cent led economists to upgrade their gross domestic product (GDP) forecasts for the year. Singapore’s trade-dependent economy often functions as a bellwether for the economic health of Asia that belies its size.
In its annual review, the fund announced a S$7 billion (US$5.18 billion) increase in its net portfolio this week, cementing its status as the world’s 11th largest sovereign wealth fund, according to Global SWF, a platform that tracks such funds.
SINGAPORE -- Taiwanese companies have raised a charm offensive in Singapore, chasing investors in the city-state as China's persistent threats amid cross-strait tensions increase the risks of engaging Chinese markets, diverting attention to the Southeast Asian hub.
JAKARTA/SINGAPORE — Indonesia's President-elect Prabowo Subianto wants to give school children free meals, but the plan and his pledge to be 'daring' on spending have the country's debt and currency markets on edge.
SINGAPORE -- Temasek Holdings will focus on investing in Chinese companies with large, domestic-focused businesses rather than those that depend on foreign markets, underscoring its cautious stance toward Asia's largest economy amid mounting geopolitical risk.