AUKUS spurs arms race, puts to test Aussie pledge of nuclear non-proliferation
As Australia faces no major defence perils from the Pacific nations, the new grouping’s move is aimed at Chinese presence in the Asia Pacific.
Big Picture
More Asean start-ups became unicorns with robust funding, rising middle class: Report
In 2021 alone, 19 start-ups in the region saw an increase in valuation to above US$1 billion, according to a report on Asean start-ups by Credit Suisse.
Singapore is No. 2 in the world for attracting and developing talent: Insead
In the same index for cities, Singapore ranked seventh, down from third last year but still the only Asian city in the top ten.
BRI nations called on to develop green energy
President Xi Jinping announced last month that the nation will not build new coal-fired power projects abroad.
Businesses struggle with labour shortage following the big exodus of migrant workers
Nearly one million workers have fled big cities and provinces due to Covid-19
Macau casinos see $18 billion wipeout as China tightens grip
Macau’s top gaming stocks lost a record $18.4 billion in combined market value on Sep 15 after officials said they would change casino regulations.
Singapore loses its top spot in global competitiveness study, now ranks 5th
Singapore has tumbled from its top spot as the world's most competitive economy to fifth place, but remains Asia's top performing economy.
Start of long road to proposed G-7 tax reforms
The new tax could see governments recouping billions in tax dollars to help them pay off debts incurred during the Covid-19 crisis and even out inequities in society.