Joko Widodo Sworn in as President of Indonesia
Joko Widodo, Indonesia’s first leader without deep roots in the era of Suharto, was sworn in as president Monday (Oct 20) but faces huge challenges to enact a bold reform agenda.
Japan’s Exports Rise at Fastest Pace in 7 Months
Japan’s exports rose at the fastest pace in seven months in September, easing fears that the country’s main growth engine is sputtering.
Smaller Businesses Can Buy Electricity Direct from Retailers from 2015
More commercial entities will be eligible to buy electricity direct from retailers from next year, according to Second Minister for Trade and Industry S Iswaran on Monday (Oct 27).
Food Companies Move to Upgrade Productivity in Singapore
About 1,300 food companies have embarked on productivity upgrading projects, including workflow redesign and workforce upgrading through training, according to Health Minister Gan Kim Yong.
India-Singapore Trade reached S$25.5b in 2013
Trade between India and Singapore rose to S$25.5 billion in 2013 from S$16.6 billion in 2005, when an economic cooperation agreement came into force.
World Bank Trims China’s Growth Forecasts
The World Bank on Monday (Oct 6) trimmed its growth forecasts for developing East Asian economies this year and next, as China’s economic expansion loses momentum and policymakers face tighter global monetary conditions.
Hewlett-Packard to Split in Two by the End-FY2015
Hewlett-Packard said on Monday (Oct 6) it would split into two separate, listed companies by separating its computer and printer businesses from its corporate hardware and services operations.
Asian Countries Spend Most Time on the Internet
Indian telecommunications firm Tata Communications spoke to 9,417 respondents in India, Singapore, the U.K., United States, Germany and France as part of its online survey, the results of which were published this week.
OCBC and UOB eye Bank Licences in Myanmar
OCBC Bank and UOB have both confirmed that they have been granted preliminary approval for foreign bank licences to operate in Myanmar.
Xbox One Arrives in China
US technology giant Microsoft launched its Xbox One game console in China today (Sept 29th), the first foreign company to enter the potentially massive market after the government lifted a 14-year ban.
