Kuala Lumpur – Stronger ringgit seen on positive trade news
AmBank Group Research expects the ringgit to reach RM4.10 to the US dollar by the end of this month, driven partly by positive trade news.
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Athens – Greece weighs new flat tax to attract wealthy foreigners
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.
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HK protests result in record retail sales slump
Months of protests in Hong Kong are taking an increasing toll on the city’s economy, with retail sales declining by a record amount in August.
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Singapore’s fake news law takes effect
Singapore’s new law to combat “fake news” came into effect despite criticism from tech giants and activists, who labelled the tough rules a “chilling” attempt to stifle dissent.
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#OneWithMalaysia
I love my country; I am very patriotic. I was born among the Indians, among the Chinese, among the Malays and among the others. But now we don't have that any more ... we are breaking apart, because of issues created by people who want to make chaos in this country.
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Massive turnout at charity event
Annual tourney draws a global field to Templer Park. The annual McMillan Woods Charity Golf Open again proved a huge success with no less than 162 golfers in the field and more than RM20,000 raised.
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Leave the media alone
I HAVE been following the proposal by the government to end, or at least restrict, media ownership by people with political links.
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Facebook to build US$1bil data centre in Singapore
Facebook will invest over US$1bil to build a data centre in Singapore, its first in Asia, powered by renewable energy and adapted to the city-state’s tropical climate.
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DBS CEO says fintech firms need more scrutiny by regulators
Regulators need to increase their scrutiny of non-bank firms that are moving into the financial business, according to the chief executive officer of DBS Group Holdings Ltd, South-East Asia’s largest lender.
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HK passes New York as home to the ultra-rich
New York has lost its crown as home to the most ultra-rich people, beaten out by the rising tide of extreme wealth in Asia.
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