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☆ Singapore to work with Indonesia, ASEAN, UN to push Myanmar peace plan - PM
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +1 min

[1/5] Singapore's Prime Minister Lee Hsien Loong meets with Indonesia's President Joko Widodo at the Istana in Singapore March 16, 2023. REUTERS/Edgar Su/PoolSINGAPORE, March 16 (Reuters) - Singapore Prime Minister Lee Hsien Loong said on Thursday the city-state would work with Indonesia and other Southeast Asian countries, as well as partners like the United Nations, to push Myanmar's military rulers to implement a stalled peace plan. "Singapore will continue working with Indonesia and ASEAN members, plus ASEAN's partners like the U.N., to push for the full implementation of the five-point consensus," he said, referring to the peace plan that Myanmar's top general agreed to with ASEAN. In addition, Singapore and Indonesia would work together on developing renewable energy, their leaders announced. Reporting by Xinghui Kok in Singapore and Stanley Widianto in Jakarta; Editing by Ed Davies and Martin PettyOur Standards: The Thomson Reuters Trust Principles.

☆ India, Singapore launch real-time link for cross-border payments
▼ + stars: | 2023-02-21 | by ( Siddhi Nayak | ) www.reuters.com time to read: +2 min

MUMBAI, Feb 21 (Reuters) - India and Singapore launched on Tuesday a real-time link to facilitate easier cross border money transfers between one of the world's biggest recipients of remittances and an Asian financial powerhouse. Transfers of funds will now be possible using just mobile phones due to the tie-up between India's Unified Payments Interface (UPI) and Singapore's PayNow facility. UPI is an instant real-time payments system, allowing users to transfer money across multiple banks without disclosing bank account details. To begin with, State Bank of India (SBI.NS), Indian Overseas Bank (IOBK.NS), Indian Bank (INBA.NS) and ICICI Bank (ICBK.NS) will facilitate both inward and outward remittances while Axis Bank (AXBK.NS) and DBS India will facilitate inward remittances, the Reserve Bank of India (RBI) said in a statement. At the launch event, Singapore's Prime Minister Lee Hsien Loong said that cross-border retail payments and remittances between India and Singapore currently amount to over $1 billion annually.

☆ 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.

☆ Singapore repeals gay sex ban but limits prospect of legalizing same-sex marriage
▼ + stars: | 2022-11-29 | by ( ) www.nbcnews.com time to read: +2 min

Singapore’s parliament on Tuesday decriminalized sex between men, but, in a blow to the LGBTQ community, also amended the constitution to prevent court challenges that in other countries have led to the legalization of same-sex marriage. The government has defended amending the constitution saying decisions on such issues should not be led by the courts. The changes do, however, leave room for a future parliament to expand the definition of marriage to include same-sex relationships. In Singapore, attitudes towards LGBTQ issues have shifted toward a more liberal stance in recent years especially among the young, though conservative attitudes remain among religious groups. Of those aged 18-25, about 42% accepted same-sex marriage in 2018, up from 17% just five years prior, according to a survey by the Institute of Policy Studies.

☆ Singapore repeals gay sex ban but limits prospect of legalising same-sex marriage
▼ + stars: | 2022-11-29 | by ( Chen Lin | ) www.reuters.com time to read: +2 min

The moves come as other parts of Asia, including Taiwan, Thailand and India are recognising more rights for the lesbian, gay, bisexual and transgender (LGBT) community. The government has defended amending the constitution saying decisions on such issues should not be led by the courts. The changes do, however, leave room for a future parliament to expand the definition of marriage to include same-sex relationships. In Singapore, attitudes towards LGBT issues have shifted towards a more liberal stance in recent years especially among the young, though conservative attitudes remain among religious groups. Of those aged 18-25, about 42% accepted same-sex marriage in 2018, up from 17% just five years prior, according to a survey by the Institute of Policy Studies.

SINGAPORE, Nov 26 (Reuters) - Singapore's Deputy Prime Minister Lawrence Wong received a top post in the ruling party on Saturday, cementing his position to become the city-state's next prime minister. Prime Minister Lee Hsien Loong, secretary-general of the People’s Action Party (PAP), which has ruled the island nation since independence in 1965, announced this year that Wong, 49, would be his successor. Wong becomes deputy secretary-general, the party said in an announcement of new leadership positions. Lee, 70, is the son of Lee Kuan Yew, Singapore's independence leader and dominant figure for half a century. The younger Lee has said Wong would succeed him before or after the next general election, which is due in 2025.

☆ Malaysia's new prime minister Anwar Ibrahim vows to unify the country and fight corruption
▼ + stars: | 2022-11-25 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

watch nowNew prime minister Anwar Ibrahim has pledged to make "Malaysia for all Malaysians," fight corruption and reiterated that he won't be taking a salary as Malaysians battle rising costs of living. International relationsCongratulations poured in from leaders from all over the world including Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Malaysia's Anwar Ibrahim takes his first press conference after being appointed prime minister. Perikatan Nasional won 73 seats and was runner-up to Anwar's Pakatan Harapan which won 82 seats. Prime Minister Anwar Ibrahim swron in by Malaysia's King Sultan Abdullah Sultan Ahmad Shah on Thursday Mohd Rasfan | Afp | Getty Images

☆ Factbox: What is APEC and which leaders are attending Bangkok summit?
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: +5 min

[1/5] A general view outside of the Queen Sirikit National Convention Center venue during the Asia-Pacific Economic Cooperation (APEC) summit, at Asoke Junction, in Bangkok, Thailand November 17, 2022. The United States will be the APEC host in 2023. CHINA PRESIDENT XI JINPINGXi met Japanese Prime Minister Fumio Kishida in Bangkok on Thursday for talks. RUSSIA FIRST DEPUTY PRIME MINISTER ANDREI BELOUSOVBelousov will represent President Valadmir Putin at APEC. PAPUA NEW GUINEA PRIME MINISTER JAMES MARAPEMarape will hold meetings with U.S. State Secretary Antony Blinken.

☆ Germany's Scholz: G20 consensus statement on war in Ukraine to be 'tough ride'
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: 1 min

SINGAPORE, Nov 14 (Reuters) - German Chancellor Olaf Scholz said on Monday that it would be difficult to come up with a clear statement on global issues and the war in Ukraine at the G20 meeting in Indonesia later this week. "We are working very hard to ensure that we not only make clear, important statements on all the issues that affect the world together ... but also on the issues of peace and the consequences of the Russian war of aggression on Ukraine," he said during a joint news conference with Singapore's prime minister, Lee Hsien Loong. "That's going to be a tough ride, and I think it's going to take up a lot of our time and efforts in Bali." Reporting by Miranda Murray, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.

☆ Singapore PM hopes for consensus on key issues at G20
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, Nov 14 (Reuters) - Singapore Prime Minister Lee Hsien Loong said on Monday he does not expect a breakthrough on any of the key issues at the G20 summit, but hope to reach consensus on most issues on the general direction to move forward. Lee said difficult issues at the summit include climate change, global economy, security, and the conflict between Russia and Ukraine. He added that the meeting between the Chinese President Xi Jinping and U.S. President Joe Biden will probably be "more consequential" than anything they can settle in the G20 summit. Singapore is not a G20 member, but has been invited to participate in many past G20 summits and related meetings. Reporting by Chen Lin and Xinghui Kok in Singapore; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Southeast Asia leaders kick off ASEAN summit in Cambodia
▼ + stars: | 2022-11-11 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Cambodia, this year's chair for the Association of Southeast Asian Nations (ASEAN), is hosting the weekend summit in Phnom Penh — the group's first in-person meeting since the Covid pandemic. Leaders from the U.S., China, South Korea and Japan will also be meeting ASEAN leaders in Phnom Penh. "Looking to the future, ASEAN needs to strongly promote the values that have made ASEAN successful over the past five decades. The ASEAN nations want more trading partners, the more, the better," he told CNBC's "Street Signs Asia" on Thursday. The Treaty of Amity and Cooperation in Southeast Asia is a peace treaty among Southeast Asian countries established in 1976.watch now

☆ Australia, Singapore sign 'green economy' pact
▼ + stars: | 2022-10-18 | by ( Lewis Jackson | ) www.reuters.com time to read: +2 min

Prime Minister of Singapore Lee Hsien Loong (left) shakes hands with Australian Prime Minister Anthony Albanese during a meeting at Parliament House in Canberra, Tuesday, October 18, 2022. Prime Minister Lee Hsien Loong is in Australia on a 3-day official visit. Lukas Coch/Pool via REUTERSSYDNEY, Oct 18 (Reuters) - Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology. Singapore Prime Minister Lee Hsien Loong told a news conference in Canberra that the agreement would start with initiatives such as developing a list of environmental goods and services that could be given preferential trade treatment. "A project like Sun Cable which has the potential to export clean energy to Singapore is the ultimate win-win," Albanese said.

☆ Sri Lanka looks to revive free trade deal with Singapore
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterSri Lanka's President Ranil Wickremesinghe looks on during an interview with Reuters at Presidential Secretariat, amid the country's economic crisis, in Colombo, Sri Lanka August 18, 2022. REUTERS/ Dinuka LiyanawatteCOLOMBO, Sept 27 (Reuters) - Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state's premier on Tuesday, his office said in a statement. The free trade pact signed in January 2018 was suspended because of objections from Sri Lankan opposition parties and professional bodies. Sri Lanka proposed more than a dozen amendments in May 2021 but talks have largely stalled. Register now for FREE unlimited access to Reuters.com RegisterReporting by Uditha Jayasinghe; Writing by Shilpa Jamkhandikar; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Tokyo tightens security for slain Shinzo Abe's funeral
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Issei KatoTOKYO, Sept 25 (Reuters) - Japan's state funeral for former Prime Minister Shinzo Abe on Tuesday is under the spotlight as authorities seek to avoid the kind of security blunders exposed in his assassination in July. Japanese authorities – including Prime Minister Fumio Kishida - have acknowledged security flaws contributed to Abe's death. Canadian Prime Minister Justin Trudeau cancelled his planned attendance to focus on responding to a powerful storm. - The government plans to spend 1.65 billion yen ($11.5 million) on the funeral, including 800 million yen on security and 600 million yen to host foreign delegations. The high cost has partly fuelled a public backlash against the taxpayer-funded funeral at a time of economic hardship for many.

Singapore a controlat focarele apărute și, într-un moment în care majoritatea țărilor din lume înăspresc restricțiile, Singapore ia măsuri opuse, a declarat economistul șef ASEAN, pentru CNBC . Singapore a intrat săptămâna aceasta în cea de-a treia fază a redeschiderii sale și permite acum adunări de opt persoane, față de cinci. Țara a fost prima din Asia care a primit un transport de vaccinuri Pfizer-BioNTech pe 21 decembrie 2020. Țara a fost văzută ca un hub alternativ de producție pentru companiile care doresc să se mute din China. "Este foarte puțin probabil să vedem o parte semnificativă a populației vaccinate în 2021", a spus Joseph Incalcaterra.

Persons: Joseph Incalcaterra, Incalcaterra, Premierul Lee Hsien Loong, Incalcaterra HSBC Locations: Asia de Sud - Est, Singapore, Asia, Vietnam, China

☆ The world's largest trade deal could be signed in 2020 — and the US isn't in it
▼ + stars: | 2019-11-12 | by ( Yen Nee Lee | ) www.cnbc.com time to read: +5 min

Manan Vatsyayana | AFP | Getty ImagesAfter more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world's largest trade agreement in 2020. All 16 countries started negotiating RCEP in 2013, when talks for another major trade pact — the Trans-Pacific Partnership or TPP — were underway. Given China's absence in the then U.S.-led TPP, which was slated to be the world's largest trade deal, many observers considered RCEP a way for Beijing to counter American influence in the region. The final text with details of the trade agreement will go through legal reviews before being signed and released. Deborah Elms, executive director at consultancy Asian Trade Centre, told Reuters that would help Asian producers to sell more of their products to the rest of the region.

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