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☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ China’s Xi to host former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
▼ + stars: | 2024-04-10 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +10 min

Joint concerns over China’s increasing assertiveness under Xi, including toward Taiwan, are a key driver of that summit. Chinese leader Xi Jinping shakes hands with then Taiwan President Ma Ying-jeou before their meeting in Singapore on November 7, 2015. Taiwan's former President Ma Ying-jeou speaks to reporters ahead of his visit to China at the Taoyuan International Airport on April 1, 2024. Ma Ying-jeou” or former chairman of the KMT, with no mention of his former role as the president of Taiwan. Reaction in TaiwanMa’s itinerary – and his meeting with Xi – has been closely watched in Taiwan.

Persons: Xi Jinping, Ma Ying, Xi, Chiang Kai, Eric Chu, Ma, ” Chu, Lai Ching, Joe Biden, Biden, Fumio Kishida, Roslan Rahman, Amanda Hsiao, “, underscoring, ’ ”, Tsai Ing, –, Lai, Lai’s, fixating, ”, ” Sung, China –, Ma’s, Hsiao, Yan Zhao, Mr, Sun, Xi –, Sung, ” Ma, James Chen Organizations: Hong Kong CNN, Beijing, Kuomintang, KMT, China’s, shek’s Nationalists, –, Democratic Progressive Party, CNN Beijing, Japanese, Getty, International Crisis, Atlantic, “, Taoyuan International Airport, Communists, Nationalists, Atlantic Council, Taiwan’s Tamkang University, DPP Locations: China, Hong Kong, Taiwan, Beijing, Taipei, Singapore, Washington, Japan, Philippines, AFP, Taoyuan, Guangzhou, Republic of China, Shaanxi, United States, China . Washington

☆ Asia markets poised for mixed open as investors await inflation data from the region this week
▼ + stars: | 2024-03-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Roslan Rahman | AFP | Getty ImagesAsia-Pacific markets were set to open mixed as investors await a slew of inflation reports from the region. Singapore and Malaysia will release their February inflation reports on Monday, while Australia's inflation numbers will be out on Wednesday. Tokyo's inflation numbers are due Friday. The capital's inflation numbers are widely seen as a leading indicator of nationwide trends. Futures for Hong Kong's Hang Seng index stood at 16,515, pointing to a slightly stronger open compared with the HSI's last close of 16,499.47.

Persons: Roslan Rahman Organizations: AFP, Getty, Nikkei Locations: Sands, Singapore, Asia, Pacific, Malaysia, Australia, Chicago, Osaka

☆ Asia markets set to rebound as Wall Street recovers ground; Japan and Singapore GDP on tap
▼ + stars: | 2024-02-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A woman rides her bicycle with the Marina Bay Sands hotel and high-rise buildings in the background in Singapore on Sept. 4, 2023. Roslan Rahman | AFP | Getty ImagesAsia-Pacific markets were set to rebound after mostly falling on Wednesday after hotter-than-expected U.S. inflation data stoked concerns the Federal Reserve might keep interest rates higher for longer. On Thursday, investors will also assess gross domestic product reading from Japan and Singapore, as well as trade numbers from South Korea. Should the index match the futures level, it would be less than 1,000 points from its all-time high of 38,915.87 hit on Dec. 29, 1989. Futures for Hong Kong's Hang Seng index stood at 15,931, pointing to a stronger open compared with the HSI's close of 15,879.38.

Persons: Roslan Rahman Organizations: AFP, Getty, Reserve, Japan's Nikkei Locations: Sands, Singapore, Asia, Pacific, Japan, South Korea, Chicago, Osaka, Australia

☆ What the Year of the Dragon means for businesses, according to Maybank's fengshui report
▼ + stars: | 2024-02-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +4 min

In Maybank Investment's fengshui report for 2024, its head of research Thilan Wickramasinghe, along with fengshui master Ken Koh, take a look at which sectors will outperform and which will face headwinds in the Year of the Dragon. 2024 is the year of the wood dragon and will be "unique," according to the report. Earth, metal and fireSectors under the earth element will also benefit from the dominant fire element, Maybank said, identifying sector winners as waste management, real estate, data warehousing and urban farming. "Despite rising interest rates and inflationary costs, the dominant Earth industries have shown resilience and continue to break new grounds," the Maybank report said. Most notably, in industries under the metal element — such as banking, engineering, mining and automotive — the wood element will be prominent and will bring prosperity to the metal industries.

Persons: Roslan Rahman, Investment's, Ken Koh, Koh, Maybank Organizations: Afp, Getty Locations: Singapore

☆ China doesn't have the military power to successfully invade Taiwan, the majority of 52 US experts said in a survey
▼ + stars: | 2024-01-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The CSIS surveyed 52 US experts on whether they think China can successfully invade Taiwan. AdvertisementA new survey of leading experts from the US and Taiwan casts doubt on China's ability to invade Taiwan with its current military strength. CSIS also surveyed 35 experts from Taiwan, of whom only 17% said they felt China had the power to successfully execute an invasion. China could also impose a military blockade on Taiwan, which 81% of US experts believe Beijing could do, while 60% of the experts from Taiwan concurred. Around 68% of American experts think such a crisis is likely to occur.

Persons: —, China —, William Lai Ching, Tsai Ing, Xi Jinping, Ma Ying, ROSLAN RAHMAN, Lai Organizations: CSIS, Service, Center for Strategic, International Studies, Liberation Army, Democratic Progressive Party, Kuomintang, Getty Locations: China, Taiwan, Beijing, Congress, Washington, Taipei . Lai

☆ I grew up always wanting to drive my own car. But I'm from the world's most expensive city to live in, and now I know I never will.
▼ + stars: | 2024-01-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +12 min

AdvertisementFor car buyers, the COE is an extra cost that can easily eclipse the actual price of a car. These BMW family cars cost around $103,000 in 2017. COE prices went up to $67,000 that year for lower-end cars, despite more than 13,000 certificates being made available. On Thursday, COE prices for lower-end cars fell to about $48,000, a steep drop that shocked the market. Meanwhile, while unpopular, Singapore's COE prices are working for now.

Persons: —, Mikel Bilbao, Edgar Su, Reuters They've, EDGAR SU, Walter Theseira, Theseira, Singapore's, We've, ROSLAN RAHMAN, we've, Aditya Irawan, it's, they're, Benjamin Loo Organizations: Service, Volvo, Volkswagen, Hyundai, VW, Getty, COE, BMW, Reuters, Toyota Corolla, Singapore University of Social Sciences, ROSLAN RAHMAN Singapore, Yokohama JR Line, The New York Times, Uber, Temasek Holdings, CarTimes, Straits Times Locations: Singapore, European, New York City, Tokyo, Yokohama, New York, Asia, Jakarta, Bangkok, Kuala Lumpur

☆ The Pandemic Blunder Weighing on the Shipping Industry
▼ + stars: | 2023-11-29 | by ( Costas Paris | ) www.wsj.com time to read: 1 min

Nov. 29, 2023 10:00 am ETShipbuilders have orders totaling about 26% of the world’s containership capacity. Photo: roslan rahman/Agence France-Presse/Getty ImagesContainership operators rushed to order new vessels during the pandemic as booming demand for consumer goods was expected to fuel global trade for years to come. Their timing couldn’t have been worse.

Persons: roslan rahman Organizations: Shipbuilders, Agence France

☆ Las Vegas Sands' Asia business is booming as casino Covid recovery accelerates
▼ + stars: | 2023-10-19 | by ( Contessa Brewer | ) www.cnbc.com time to read: +2 min

In this article LVS Follow your favorite stocks CREATE FREE ACCOUNTwatch nowLas Vegas Sands ' recovery from the Covid-19 pandemic is gaining steam, and Asia is a big reason why. Las Vegas Sands announced earnings of 55 cents per share on revenue of $2.8 billion. Las Vegas Sands CEO Rob Goldstein predicted on the company's earnings call that the destination could hit $40 billion annually in the near term. As cashflow increases, Las Vegas Sands is laying out new priorities for capital expenditures. Las Vegas Sands also announced a $2 billion share repurchase plan through 2025.

Persons: That's, Roslan Rahman, Sands, Covid, Rob Goldstein Organizations: Wednesday, Vegas Sands, LSEG, AFP, Getty, Sands Locations: Vegas, Asia, Singapore, Marina Bay, Sands, Macao, Marina Bay Sands

☆ Once dubbed a 'zombie' index, this Asian stock market is trying European-style trading to reinvent itself
▼ + stars: | 2023-09-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +5 min

Structured certificates are financial instruments issued by a third party, that are based on underlying assets — their returns depend on the performance of the asset, which can be a single stock or an equity index. Singapore began offering listed structured certificates on Aug. 30, with its inaugural issue being one linked to Hong Kong-listed shares of Chinese tech giant Alibaba Group Holding . "So tech names, Hong Kong names, U.S. names, Japanese names. SGX's move to broaden its equity-linked product base "could drive incremental market interest," including offering depository receipts and structured certificates, Wickramasinghe told CNBC. Structured certificates are more more popular in Europe, as investors there are "broadly speaking, very yield focused," Syn told CNBC.

Persons: Roslan RAHMAN, ROSLAN RAHMAN, Roslan Rahman, Thilan Wickramasinghe, Michael Syn, CNBC's, Serene Cai, Tharman, Wickramasinghe, Syn, Adam Reynolds, Reynolds Organizations: Getty, Afp, Singapore Exchange, CNBC, Inside Venture, Saxo Markets Locations: Singapore, AFP, Asia, Hong Kong, SGX, Pacific, Europe

☆ 'Who should I hire? Will I get rich?' Fortune telling is a booming business in Singapore
▼ + stars: | 2023-09-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +7 min

To determine if a candidate was a good fit for his company, one CEO is said to have consulted a "feng shui" master. From who to hire to where to put their money and when is the best time to get married, more and more people are turning to fortune telling in Singapore. "Especially if it's a C-suite hire, or if it's a very important hire and the companies are unsure. said Chase Woo, managing partner at Hoseiki, a feng shui atelier which also does consultations. Jonathan Lok consulted a feng shui master before picking Jan. 27 to get married.

Persons: Luis Acosta, it's, Benedict, Feng shui, Mark Tan, Tan, Jing, Chase Woo, she's, feng shui, Roslan Rahman, Woo, Jonathan Lok Organizations: Afp, Getty, SINGAPORE, Way, Singapore's Department of Statistics, Singapore's Ministry of Manpower, Tripartite, country's Association of Small, Enterprises, Fengshui, Nurphoto Locations: Singapore

☆ Singapore picks economic czar Tharman Shanmugaratnam as its next president
▼ + stars: | 2023-09-02 | by ( ) www.cnbc.com time to read: +1 min

Former deputy prime minister Tharman Shanmugaratnam, 66, will become Singapore's ninth president after winning 70.4% of votes. Roslan Rahman | Afp | Getty ImagesA former member of Singapore's ruling party on Saturday scored a landslide victory to become the city-state's president, in an election seen as a barometer of public sentiment amid economic challenges and high-profile scandals. Former deputy prime minister Tharman Shanmugaratnam, 66, won 70.4% of votes, the elections department said, to become Singapore's head of state. The country is a parliamentary democracy and Prime Minister Lee Hsien Loong is the head of government. Tharman is as credible as it gets," said political scientist Walid Jumblatt Abdullah of Nanyang Technological University.

Persons: Tharman Shanmugaratnam, Roslan Rahman, Lee Hsien Loong, Walid Jumblatt Abdullah, Tharman Organizations: Afp, Getty, Saturday, Analysts, Action Party, Nanyang Technological University, PAP Locations: Singapore

☆ Singapore braces for 'partisan' vote for president, guardian of its vast reserves
▼ + stars: | 2023-08-30 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Presidential candidate Tan Kin Lian (left) waves as he arrives at the nomination center for the presidential election in Singapore on August 22, 2023. Song is standing in the city-state's 2023 presidential election. Presidential candidate Tharman Shanmugaratnam waves to his supporters at the nomination center for the upcoming presidential election in Singapore on Aug. 22, 2023. Xinhua News Agency | Xinhua News Agency | Getty ImagesThe full scale of Singapore's reserves is not publicly available, though public information of some institutions charged with investing its reserves offer a glimpse into the size of the reserves. Local independent news outlet Jom estimated that only 0.044% of Singaporean adults qualify to run as Singapore president.

Persons: —, incorruptibility, Eugene Tan, Tan Kin Lian, Roslan Rahman, Tan, Ng Kok, Lee Kuan Yew, Tharman, Ng, Shanmugaratnam, Tan Meng, Singapore's, Lee Kuan, Kevin Tan, Cherian, Halimah Yacob —, Cherian George, who's Organizations: Getty, SINGAPORE, Observers, Singapore Management University, NTUC, Afp, Monetary Fund, Party, CNBC, Bloomberg, Presidential Advisors, Xinhua News Agency, Temasek, Singapore, Monetary Authority of, Cherian George National University of Singapore, Hong Kong Baptist University, Malay, National University of Singapore, Hong, Hong Kong Baptist University's School of Communication Locations: Singapore's Marina Bay, Singapore, State, Monetary Authority of Singapore, Hong, Hong Kong

☆ Rewild the Run: ‘Rewilding’ shoes can help restore nature as you run
▼ + stars: | 2023-08-11 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +8 min

CNN —What if you could help nature by simply going out for a run? That’s the idea behind Rewild the Run, a 3D-printed shoe outsole that fits over regular sneakers. The hope is that by spreading seeds, shoes fitted with the outsole could help with rewilding, a form of nature restoration that enables the environment to take care of itself, with reduced human intervention. “How will these shoes distinguish between the seeds of native and non-native plant species?”Carver is skeptical about the principle of urban rewilding itself. She also shares the vision of rewilding taking place at scale and by giving nature space, and says that would be the ideal in cities such as London.

Persons: It’s, ”, Kiki Grammatopoulos, “, Tom Mannion, Grammatopoulos, George de Mestral, cockleburs, IVN, Thomas Heatherwick, ROSLAN RAHMAN, David Fielding, Shirley Rodrigues, Ralph Fyfe, Fyfe, ” Fyfe, Stephen Carver, ” Carver, Carver, wilder, ” Grammatopoulos Organizations: CNN, Central Saint Martins, Environmental Education, Heatherwick, Singapore, Getty, Force, Enfield, Geospatial, University of Plymouth, University of Leeds Locations: London, Velcro, Netherlands, Nottingham, England, AFP, London's, rewilding

☆ U.S. and China trade barbs at top security summit as Taiwan Strait tensions simmer
▼ + stars: | 2023-06-05 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

On Saturday, when Austin took to the stage at the summit where global defense leaders gathered, he called out China for refusing to engage in military dialogue. China believes that a major country should behave like one," Li said Sunday in a translation provided by summit organizers. China claims self-governed Taiwan as part of its territory and regards any foreign presence near the island as a form of interference in its domestic affairs. China's Minister for National Defense, General Li Shangfu, delivers his plenary session Sunday at the 20th Asia Security Summit in Singapore, known as the Shangri-La Dialogue. Calls for dialogueYet, even as the U.S. and China defense chiefs talked past each other, so-called middle powers such as Australia urged the two feuding powers to reestablish dialogue.

Persons: Li Shangfu, Lloyd Austin, Austin, China's Li, Li, Defense Lloyd Austin, Roslan Rahman, Philippines —, General Li Shangfu, Anthony Albanese Organizations: American, Defense, China's Defense, Afp, Getty, Pacific Command, Delegates, China's, National Defense, 20th Asia Security Summit, Australian Locations: SINGAPORE, Singapore, Beijing, China, U.S, Taiwan, People's Republic of China, South China, Asia, Pacific, Indonesia, Malaysia, Philippines, Estonia, Sweden, Germany, Australia, Japan, South Korea, India, France

☆ Brazenly defending a Chinese warship buzzing an American destroyer in the Taiwan Strait, China's new defense minister tells the US: 'Mind your own business'
▼ + stars: | 2023-06-04 | by ( David Rising | Associated Press | ) www.businessinsider.com time to read: +8 min

A Chinese warship overtook an American destroyer and sailed across its bow on Saturday. China's defense minister Gen. Li Shangfu said, "In China we always say, 'Mind your own business.'" Chinese Defense Minister Gen. Li Shangfu delivers his speech on the last day of the 20th International Institute for Strategic Studies (IISS) Shangri-La Dialogue, Asia's annual defense and security forum, in Singapore, Sunday, June 4, 2023. He accused the US and others of "meddling in China's internal affairs" by providing Taiwan with defense support and training, and conducting high-level diplomatic visits. The sanctions, which broadly prevent Li from doing business in the United States, do not prevent him from holding official talks, American defense officials have said.

Persons: Lloyd Austin, Li Shangfu, —, Vincent Thian Li, Li, Austin, Roslan Rahman, Li scoffed, Vincent Thian Organizations: US, Service, Privacy Policy SINGAPORE, Washington, Pacific Command, US Air Force, Chinese Defense, 20th International, for Strategic Studies, AP, Getty, Russia, US Defense Department Locations: American, China, Taiwan, Singapore, Taiwan Strait, South, Canadian, Beijing, Chinese, South China, Austin, East, Ukraine, Moscow, United States, — China

☆ These airlines are back in the black — they're looking to China as the next bright spot
▼ + stars: | 2023-05-19 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Travellers check in for the flight at the Singapore Airlines counter in the departure hall at Changi International Airport in Singapore on December 2, 2021. Roslan Rahman | AFP | Getty ImagesThree major airlines in Asia are back in the black, rebounding from their pandemic doldrums as global travel picks up, and they're all saying that China could be the next bright spot for them. Just this week, Singapore flag carrier Singapore Airlines posted a record net profit of 2.16 billion Singapore dollars ($1.61 billion) for the financial year ended March. At that time, ANA posted a net profit of just 28 billion yen, less than a third of its current net profit. Hopes in China reopeningAll three airlines are looking to China to power further growth.

☆ Singapore’s Moment Is Here. Will It Last?
▼ + stars: | 2023-05-04 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

Private rental costs in Singapore rose 30% in 2022, according to official data. Photo: roslan rahman/Agence France-Presse/Getty ImagesSingapore, Hong Kong’s longtime rival, is having a moment as Hong Kong struggles with the fallout from its political crackdown and China sends decidedly mixed signals on its own openness to foreign capital. The Southeast Asian city-state is also dealing with the sudden downsides of success: namely an epic surge in housing prices. To keep the march it has stolen on Hong Kong it will need to tame its housing market—and demonstrate that it truly is neutral territory in the intensifying competition between the U.S. and China.

☆ Tangaraju Suppiah: Singapore executes man for trafficking two pounds of cannabis
▼ + stars: | 2023-04-25 | by ( Heather Chen | ) edition.cnn.com time to read: +8 min

Tangaraju Suppiah, a 46-year-old Singaporean, was hanged early on Wednesday in Changi Prison and the family have received a death certificate, his sister Leelavathy Suppiah told CNN. Tangaraju was first sentenced to death in 2018 for “abetting the trafficking of more than one kilogram of cannabis (1,017.9 grams),” according to a statement from the Central Narcotics Bureau (CNB). The court found he was in phone communication with two other men caught trying to smuggle cannabis into Singapore. “As is the case for many people currently on death row in Singapore, Tangaraju was forced to represent himself to seek a review of the Court of Appeal’s decision to uphold his conviction. Singapore has a strong reputation as a rule of law country so this concerning omission is not normal,” Perrett added.

☆ Australia to Reshape Military Amid Growing U.S.-China Rivalry
▼ + stars: | 2023-04-24 | by ( Mike Cherney | ) www.wsj.com time to read: 1 min

Australia’s defense minister said the country’s navy needed enhanced lethality. Photo: roslan rahman/Agence France-Presse/Getty ImagesSYDNEY—A wide-ranging review of Australia’s military found that the key U.S ally needs to quickly overhaul its armed forces and focus more on capabilities such as long-range missiles, amid concerns that rising tensions between the U.S. and China could increase the chance of a conflict in the region. Australian officials said they agreed with the review’s conclusion that the country’s military isn’t fully fit for purpose in the current strategic environment. The defense industry minister, Pat Conroy, said the revamped army will eventually be able to fire weapons that can hit targets some 300 miles away, versus 25 miles now.

☆ Singapore's central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end
▼ + stars: | 2023-04-14 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

A staff member counts Singapore dollar currency notes at Raffles Place financial business district in Singapore on October 6, 2022. However, compared with the previous quarter, GDP contracted by 0.7%, the first contraction since the second quarter of 2022. However, it expects that tighter financial conditions globally will lead to an intensified drag on global investment and manufacturing. The MAS said "growth in Singapore's major trading partners will be slower in 2023, below the pace recorded in the previous two years." The MAS expects 2023 GDP growth of between 0.5% and 2.5%, down from the 3.6% growth in 2022.watch nowSingapore's manufacturing sector makes up the largest portion of its GDP, standing at 21.6% of nominal GDP in 2022.

☆ Singapore drops pre-departure requirements for travelers, further eases mask rules
▼ + stars: | 2023-02-09 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

Changes to travelAll travelers entering Singapore via air or sea must still to submit a health declaration before or on arrival, said the ministry. In addition to removing the need to show proof of a negative pre-departure test, short-term visitors will also not be required to buy Covid travel insurance. Previously, non-fully vaccinated visitors were required to test negative for Covid within 2 days prior to their departure for Singapore. Singapore opened vaccinated travel lanes in April 2022 to facilitate safe resumption of international travel. Further Covid measures were eased at the end of August, as authorities removed indoor mask requirements and allowed non-fully vaccinated travelers to skip quarantine on arrival.

☆ Sun Cable project: Billionaires' feud over Australia-Singapore cable escalates
▼ + stars: | 2023-01-18 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +10 min

The proposed Sun Cable project would see a subsea cable stretch from Darwin to Singapore. A statement from Cannon-Brookes’ private investment arm, Grok Ventures, suggested all investors except Forrest’s investment arm Squadron Energy remain committed to the cable. Tim Buckley, director of Climate Energy Finance, says the export of green hydrogen (hydrogen generated from renewable energy) is at least a decade away. “The market for green hydrogen exports has sort of deflated quite dramatically when people realize there’ll be a decade or two before you can actually ship green hydrogen anywhere overseas,” he said. For example, Xlinks plans to run a cable almost as long and powerful from Morocco to the United Kingdom.

☆ Why Singapore isn't imposing new travel rules on visitors from China
▼ + stars: | 2023-01-13 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

watch nowBut he said travel volumes between Singapore and China are "very low" — with fewer than 1,000 people arriving from China daily. "As of now, we run 38 weekly flights from China to Singapore, compared to around 400 flights pre-Covid," he said. Current rules are effectiveSo far, more than a dozen countries have announced new rules for visitors from China. In the same month, seven imported cases became severely ill, and only one was from China, he said. 'We do not discriminate'Ong noted that while some countries are imposing a pre-departure test requirement on visitors from China, Singapore will "not discriminate because severe cases can originate from any country."

☆ The US military is planning for a 'transformative' year in Asia as tensions with China continue to rise
▼ + stars: | 2022-12-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

Amid rising tensions with China, the US military has sought to bolster its presence in Asia. US forces there may see the "most transformative year" in a generation in 2023, a US official said. Major changes to the US military presence in Asia face logistical and political hurdles, however. Other countries have sought more training with the US military or, in the case of Palau, to host US forces. There are opportunities for the US "to expand its access and deepen relationships" in both Northeast and Southeast Asia, said Thompson, a former US Defense Department official, but US leaders will have to reckon with the limits of those partnerships, especially in Southeast Asia.

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