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Here are some details of the agreement as Britain seeks post-Brexit trade wins in geographically distant but faster growing economies. HOW MUCH DOES BRITAIN TRADE WITH CPTPP? Britain says that exports to CPTPP countries were worth 60.5 billion pounds in the twelve months to end-Sept. 2022. David Henig, Director, the UK Trade Policy Project, said that only Malaysia and Brunei weren't covered by existing FTAs, and they only account for 0.33% of UK trade. GEOPOLITICAL FACTORSWhile the long-term benefit for Britain's economy is set to be modest, Britain has other reasons for joining the bloc.
BOAO, China, March 30 (Reuters) - China is committed to opening up the world's second-largest economy and delivering reforms that can help stimulate growth, Premier Li Qiang said on Thursday, adding that geopolitical tension would only hold back development worldwide. China has set itself a modest target for gross domestic product growth of about 5% this year, after significantly missing its target for 2022. In particular, major economic indicators such as consumption and investment continue to improve, while employment and prices are generally stable," Li said. Another flashpoint in U.S.-China rivalry has been Taiwan, the democratically ruled island that China claims as its territory. In his speech, Li said "chaos and conflicts" must not happen in Asia and that China would act as an "anchor" for global peace.
MONTREAL, March 17 (Reuters) - The United Nations aviation council on Friday voted to hear a case against Russia over the 2014 downing of Malaysia Airlines Flight MH17, the foreign ministers of Australia and the Netherlands said. Australia and the Netherlands initiated the action over MH17 last year at the International Civil Aviation Organization (ICAO). The ICAO upheld its jurisdiction to hear the matter during a session on Friday, Australian Foreign Minister Penny Wong said in a written statement. Dutch Foreign Minister Wopke Hoekstra called the decision to hear the case "an important step towards establishing the truth, justice and accountability". In October, Russia failed to win enough votes at ICAO's triennial assembly to keep its council seat.
The theories so farA new Netflix documentary about the plane, "MH370: The Plane That Disappeared," was released in March 2023. The show's director called the plane's disappearance "the greatest aviation mystery of all time." But the July 2018 report had offered evidence against the idea that it was a deliberate act by the crew. But Australia's former prime minister, Tony Abbott, said in 2020 that the plane's disappearance was "almost certainly murder-suicide by the pilot." But the 2018 report said there was no technology on the plane that would allow control to be taken from the pilots remotely.
KUALA LUMPUR, March 13 (Reuters) - Family and friends of Malaysia's Michelle Yeoh responded with screams, jubilation and pride on Monday at her winning the Academy Award for best lead actress, Asia's first ever winner in the category. There were ecstatic roars and fist-pumps as her triumph was announced at an Oscars viewing party in Malaysia's capital Kuala Lumpur, with all eyes on her surprised and delighted mother, Janet Yeoh. Everybody knows it," she told a news conference afterwards, in front of a poster of her daughter that said "Pride of Malaysia". It was Yeoh's first Oscar nomination and she had been widely regarded as the front-runner. Yeoh made her Hollywood breakthrough when she was cast as the first ethnic Chinese Bond girl in 1997's "Tomorrow Never Dies" opposite Pierce Brosnan.
The move comes as global infrastructure funds are pouring huge sums of money to acquire capital-intensive telecom infrastructure assets in Southeast Asia, seeing strong growth opportunities. The sources said discussions are taking place for a minority stake to be sold in the decade-old Edotco, which is 63% owned by Axiata. However, three of the sources said there was a possibility that Axiata could even consider giving majority control in order to secure a deal. The sources said the bulk of the proceeds from the share sales will likely fund Edotco's business expansion. While broader dealmaking activity has fallen sharply over the past year due to weak equity markets and rising interest rates, telecom tower assets have been a bright spot.
Former prime minister of Malaysia and Perikatan Nasional chairman Muhyiddin Yassin (center) arrives at the Malaysian Anti-Corruption Commission headquarters to give a statement on his graft charges on March 9, 2023. Malaysia's anti-corruption agency on Thursday said it would charge former Prime Minister Muhyiddin Yassin with multiple counts of corruption, a move that he called political persecution. Speaking to reporters, Muhyiddin said he would face seven charges on Friday. "I stress that I am not guilty and I will face all charges against me in court ... This action is political persecution because they fear the strength of Perikatan Nasional," Muhyiddin said, referring to his opposition alliance.
Amelia Earhart will always be among history’s mythic disappearing acts, but aviation’s reigning mystery is the 2014 vanishing of Malaysia Airlines Flight 370. The calamity, which occurred nine years ago this week, remains as much a puzzle as ever according to “MH370: The Plane That Disappeared,” a three-part Netflix documentary series that banks and swoops and rolls through all the possibilities, landing on the only consensus ever reached: that none of what happened was an accident. To recap, the Boeing 777 left Kuala Lumpur in the early hours of March 8, a “routine red-eye,” as someone says, that was supposed to deposit its 227 passengers and 12 crew people in Beijing later that morning. As it was about to leave Malaysian airspace, the air-traffic controller and pilot bid each other good night. It was the last thing heard from MH370, which never made contact with Ho Chi Minh City and whose multiple communications systems suddenly went dark.
The Paris properties are only the third set of Malaysian assets that the heirs have publicly acknowledged going after. On Monday, French bailiffs attempted to evaluate the three properties in preparation of a sale, the lawyers said. A Malaysian law ministry spokesperson said the bailiffs appeared at the Malaysian embassy in Paris but were turned away. "To the extent that Malaysians blocked entry to the bailiffs, they are in open defiance of a French court order," Cohen said. The Malaysian government and the French court, the Tribunal Judiciaire de Paris, did not immediately respond to requests for comment.
So the idea that artificial intelligence chatbots, such as ChatGPT and Bing, can research travel destinations and create itineraries is intriguing. I went to the developer's website, clicked on the word "ChatGPT," registered for an account — and started chatting. "All of the places I recommended have great online reviews," ChatGPT replied, providing ratings from Tripadvisor, Booking.com and Google for each hotel. But ChatGPT couldn't show photographs of the hotels or help book them — although it did provide ample instructions on how to do both. Every city I asked ChatGPT about resulted in the bot praising the local food scene.
Companies Goldman Sachs Group Inc FollowFeb 25 (Reuters) - Roger Ng, the former Goldman Sachs Group Inc (GS.N) banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison. A federal jury in Brooklyn convicted Ng in April last year of conspiring to violate an anti-bribery law and commit money laundering. Reuters was not immediately able reach Malaysian prison officials to comment on the conditions. Prosecutors said that he helped his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe officials to win business for Goldman. Reporting by Shivani Tanna and Chandni Shah in Bengaluru; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
It obtained a stay on the award in France but the ruling remains enforceable overseas under a United Nations treaty on arbitration. The Petronas Azerbaijan (Shah Deniz) and Petronas South Caucasus units were first seized in July 2022, but the Malaysian government said last month that the order had been set aside by a Luxembourg district court. On Tuesday, Luxembourg court bailiffs issued a second seizure order on the units and related bank accounts, court documents shared by the heirs' lawyer, Paul Cohen, showed. The Luxembourg court could not be immediately reached for comment. The heirs say they were not involved in the incursion and sought arbitration over the suspension of payments.
That's how some recently laid-off workers view losing their jobs, despite the era of loud layoffs and ever-constant recession fears. She figured she'd be let go from her social media job at Attentive, an e-commerce startup, once her visa expired in April. Calista Tee, 28, plans to use her post-layoff time to build her social media marketing brand on TikTok and beyond. It's since taken off, and in 2022 she matched 80% of her full-time income. Without the security of full-time income, Tee plans to make small tweaks to her spending habits.
Australia acknowledges suspension of probe into MH17 downing
  + stars: | 2023-02-08 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, Feb 9 (Reuters) - The Australian government on Thursday said it had acknowledged the decision by international prosecutors to suspend their investigation into the downing of Malaysia Airlines Flight 17 (MH17) over Ukraine in 2014. "Today's announcement will be distressing for many," Wong said, adding Australia remained committed to pursue its ongoing case with the Netherlands in the International Civil Aviation Organization. Australia and the Netherlands have said they hold Russia responsible for MH17's downing. International prosecutors on Wednesday said they had found "strong indications" Russian President Vladimir Putin approved the use in Ukraine of a Russian missile system which shot down MH17. However, evidence of Putin's and other Russian officials' involvement was not conclusive enough to lead to a criminal conviction, they said, ending their probe for now.
AMSTERDAM, Feb 8 (Reuters) - The international team investigating the 2014 downing of Malaysia Airlines Flight 17 (MH17) by a missile has convincing evidence that Russian President Vladimir Putin personally signed off on a decision to allow the Russian missile system into Ukraine, Dutch prosecutors said on Wednesday. The BUK-TELAR missile system was used to shot down MH17 on its way from Amsterdam to Kuala Lumpur over eastern Ukraine on July 17, 2014, investigators said. However, they said the evidence was not enough to lead to prosecution. Reporting by Bart Meijer; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.
The trade also provides a way to get Russian oil to market and bring much-needed export earnings to Moscow. "We've been looking at Russian fuel oil since December. China's total fuel oil imports surged to about 1.76 million tonnes in December, highest since September 2021, official customs data showed. Fuel oil imports from blending hubs trend higher"The deep discounts offered are driving the trend as independent refiners are price sensitive. Asia will continue to soak up cheaper Russian (fuel oil) barrels on top of crude," Jamil said.
To secure egg supplies as prices rose to record highs, Malaysia's Minister of Agriculture and Food Security Mohamad Sabu visited Namakkal, in the southern Indian state of Tamil Nadu, where several leading hatcheries are based. India shipped 5 million eggs to Malaysia in December, and will ship 10 million in January and up to 15 million in February, according Kumar. The imports from India have helped Malaysia bring prices down from the record highs seen in late December. Having suffered a shortfall of 157 million eggs in November, the market gap was down to just one million in December, the Malaysian minister said in a statement earlier this week. Meantime, prices in India have shot up to a record 565 rupees ($6.96) per 100 eggs.
Maika Elan | Bloomberg | Getty ImagesVietnam risks missing a self-established 2025 deadline to complete reforms that would enable it to upgrade its stock market to emerging economy status and attract billions of dollars in investments, three officials told Reuters. The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Additional liquidity is seen as crucial for Vietnamese banks, which account for about a third of the stock market capitalization, to raise their comparatively low capital buffers, thus boosting financial stability. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered.
The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Trinh Nguyen from Natixis, an investment bank, said Vietnam's market regulations were holding back the upgrade, limiting access to more liquidity. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered. Both the FTSE and MSCI have publicly said that Vietnam's prefunding requirement and strict limits on foreign ownership of shares are among the main hurdles to an emerging market status upgrade.
It is not clear whether Malaysia is considering a direct ban on exports to the European Union or enacting tariffs. WHAT ABOUT MALAYSIAN PALM OIL EXPORTS TO EUROPE? Malaysian Palm Oil Board data indicates that exports to the 27-member bloc have been declining since 2015. WHERE ELSE CAN MALAYSIA PALM OIL EXPORTS GO? Several publicly-listed Malaysian palm oil companies, however, have established refineries in Europe and an export ban would disrupt their operations.
Now the main Russian Cossack organisations are loyal to Putin, and they are fighting alongside Russia’s forces in Ukraine. He is regularly pictured on his and other social media pages at Cossack gatherings, often wearing Cossack military uniform. Felk has worked as a security guard and has run a logistics firm, according to posts on Felk’s OK social media account. Photos shared by Kharkovsky on social media show him and other participants standing in front of a Great Don Army flag. Eremenko confirmed to Reuters that he worked for Russian military intelligence, the GRU.
As the new year approaches, we turn again to our annual look at Asia's winners and losers. Government and business leaders in every major economy — China now included — may well hope 2023 is the year when draconian pandemic-related lockdowns become a matter of history. Underscoring the Taiwanese tech industry's critical role, a Semiconductor Industry Association (SIA)/Boston Consulting Group 2021 study found that 92% of the world's most advanced semiconductor manufacturing capacity is located in Taiwan. With numbers like those, Taiwan's semiconductor industry ends the year on the move, still building ties and winning growing support from business and government in the United States and elsewhere. Mixed Year: Asia's 'love' for cryptoAs in much of the world, investors in Asia — once bedazzled if not bewitched by the crypto industry — end the year in a mixed mood.
Animals Are Running Out of Places to Live
  + stars: | 2022-12-09 | by ( Catrin Einhorn | Lauren Leatherby | ) www.nytimes.com   time to read: +17 min
In many places, poverty, powerful interests and a lack of law enforcement make habitat loss especially hard to address. Because animals there often have smaller ranges to begin with, habitat loss hits them especially hard. “That's the ultimate challenge of forest conservation globally.”Source: Map of Life | Photo: Chien C. Lee MOZAMBIQUE Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Estimated habitat in 2001 MADAGASCAR Est. habitat in 2001 MADAGASCAR MOZAMBIQUE Estimated habitat in 2001 MADAGASCAR Source: Map of Life | Photo: Chien C. Lee MOZAMBIQUE Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR Habitat loss in 2021 MADAGASCAR MOZAMBIQUE Habitat loss in 2021 MADAGASCARThis is the 2001 habitat of the white-headed lemur, a primate that eats fruit and flowers. Of the many targets being negotiated, the one that has gotten the most attention seeks to address habitat loss head on.
Nov 30 (Reuters) - Capital A Berhad (CAPI.KL), the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday, buoyed by a strong rebound in travel demand and the easing of pandemic-related restrictions in Southeast Asia. It also forecast a positive outlook for the upcoming years on strong sales momentum and reopening of travel restrictions, projecting stronger air passenger traffic in the next quarter. Capital A posted an operating loss of 563.9 million ringgit ($127.00 million) for the three months ended Sept. 30, compared to a loss of 893 million ringgit in the year-ago period. It reported a sharp 563% increase in revenue to 1.96 billion ringgit from last year's 295.9 million ringgit. ($1 = 4.4400 ringgit)Reporting by Sameer Manekar and Riya Sharma in Bengaluru; Editing by Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.
Macau Finally Draws a Winning Hand
  + stars: | 2022-11-29 | by ( Jacky Wong | ) www.wsj.com   time to read: 1 min
So far, the pandemic has mainly dealt Macau bad hands and really bad hands. But the latest shuffle of the deck has finally given the gambling hub some strong cards. Over the weekend, the Macau government granted the city’s six incumbent casino operators provisional licenses which would allow them to keep running their businesses for the next 10 years. An affiliate of Malaysia’s Genting Group unexpectedly joined the bidding for licenses in September but its last-minute gambit lost out eventually. Genting Group was always a long shot but the incumbents will breathe a sigh of relief now.
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