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PHUKET, Thailand -- Singapore-based Banyan Group on Thursday announced plans to build the largest luxury residential project on Phuket, a Thai resort island, as the company seeks to tap a strong recovery in real estate demand since the end of the COVID-19 pandemic.
KOBE, Japan -- The Japanese city of Kobe, near Osaka, plans to open a liaison office in Singapore in fiscal 2025 to support homegrown startups in Southeast Asia as well as attract local companies.
Wee is one of Southeast Asia’s most successful businessmen, having helmed UOB Group for more than 60 years before he retired from the board in 2018.
Sultan Ibrahim Iskandar, 65, took the throne as Malaysia’s 17th king on Wednesday. A billionaire from wealthy Johor with a penchant for fast cars, helicopters and adventure, his reputation for plain speaking could potentially prove decisive in controlling Malaysia’s bickering politicians.
A Singaporean businessman who “has shown susceptibility to be influenced by foreign actors and willingness to advance their interests” has been served a notice under the Foreign Interference Countermeasures Act (Fica).
“The result is that China has a dramatically larger capacity to export solar modules as 2024 and 2025 unfold, and the resulting global oversupply is pushing [solar] module prices down dramatically,” said Tim Buckley, Sydney-based director of Climate Energy Finance.
India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), on January 24 fined Air India, a former national carrier now owned by the Tata conglomerate, 10.1 million rupees (US$135,000) for safety protocol violations in relation to their long-range and critical-terrain routes.
Video clips of a United States senator’s persistent grilling of TikTok’s Singaporean boss on his nationality and links to China’s Communist Party have sparked anger from online users in the island republic, with many criticising the politician’s racism and lack of understanding of Singapore.