Singapore, Indonesia eye new cooperation projects

Publication date 22 July 2019 | 16:16 | ICT

Singapore and Indonesia are on the lookout for opportunities to work together more closely in infrastructure, investment and human resource development



  • Samsung presses on with production of cutting-edge chips

    Publication date 22 July 2019 | 16:15 | ICT

    Samsung Electronics on Thursday announced it was starting the mass production of the world’s fastest mobile DRAM chips for 5G-enabled smartphones, amid prolonging tensions between South Korea and Japan over export restrictions.

  • Singapore returns 1MDB scandal money

    Publication date 22 July 2019 | 16:05 | ICT

    Singapore is returning almost $40 million to Malaysia seized in connection with a massive financial scandal that played a major role in the toppling of the corruption-plagued government of Najib Razak, police said.

  • Boeing sees billions more in MAX costs as grounding drags on

    Publication date 22 July 2019 | 16:03 | ICT

    Boeing announced on Thursday some $6.6 billion in additional costs because of the 737 MAX crisis, further pressuring profitability as the global grounding of the plane following two deadly crashes drags on.

  • US importers find ways to adapt to, skirt Trump’s tariffs

    Publication date 22 July 2019 | 15:30 | ICT

    Big US companies are accelerating efforts to move more of their supply chains from China to neighbouring countries in light of Trump administration tariffs.

  • China-Russia cableway set to improve border crossing

    Publication date 22 July 2019 | 15:29 | ICT

    Construction of a cross-border cableway spanning the Heilong River, known as the Amur River in Russia, was launched on Thursday.

  • ‘$53M lost in Pakistan airspace closure’

    Publication date 22 July 2019 | 14:23 | ICT

    Pakistan’s Federal Minister for Aviation Ghulam Sarwar Khan on Thursday said the Civil Aviation Authority (CAA) suffered a loss of 8.5 billion rupees ($53.12 million) because of airspace restrictions since February in the wake of Indian aggression.

  • Microsoft profit soars fuelled by cloud, business services

    Publication date 22 July 2019 | 14:15 | ICT

    Microsoft on Thursday posted quarterly earnings that trounced expectations, citing growth in partnerships with companies on technology and cloud computing services.

  • China opens up finance sector to further foreign investment

    Publication date 22 July 2019 | 14:11 | ICT

    China lifted some restrictions on foreign investment in the financial sector on Saturday, as the world’s second largest economy fights slowing growth at home and a damaging trade war with the US.

  • Ex-RBS chief to lead National Australia Bank

    Publication date 22 July 2019 | 11:42 | ICT

    National Australia Bank (NAB) on Friday announced veteran banker Ross McEwan would be its new CEO, as the lender seeks to rebuild confidence after a scathing national inquiry.

  • Facebook’s Libra prospects fade but gains likely for cryptocurrencies

    Publication date 22 July 2019 | 11:41 | ICT

    Facebook’S planned global digital coin Libra has run into a wall of opposition in Washington that could prevent its launch as envisioned, but analysts say cryptocurrencies are likely to make gains around the world nonetheless.