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Singapore to impose banking, trade restrictions on Russia

SINGAPORE (Reuters) — Singapore will impose “appropriate sanctions and restrictions” on Russia, its foreign minister said on Monday, including banking and financial measures and export controls on items that could be used as weapons against the people of Ukraine. The tiny city-state, an Asian financial center and key international shipping hub, complies with United Nations […]

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Malaysia: Call for higher retirement age

PETALING JAYA: Surging deflationary pressure, shrinking labour force and lower tax collection are set to be the scenario as corporate Malaysia transitions into an ageing society. With this scenario on the horizon, economists said it would have negative implications on the economy, thus proactive measures need to be mobilised to ensure economic sustainability. With around […]

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Thailand: Factory output up, below forecast

Thailand’s manufacturing production index (MPI) in January rose by a less than expected 1.99% from a year earlier, the Industry Ministry reported on Monday. The reading compared with a forecast for a 4.6% rise in output in a Reuters poll, and December’s revised 6.66% increase. Source: https://www.bangkokpost.com/business/2271323/factory-output-up-below-forecast

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