AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker said on Monday. The facility, which will be the drugmaker’s first end-to-end ADC production site, will be supported by the Singapore Economic Development Board. The company did not provide […]
Read MoreIndonesia’s coordinating minister of investment said that Elon Musk will consider an offer to build an electric vehicle battery plant in the country, after the CEO of Tesla met with President Joko Widodo on Monday. Musk was not immediately available for comment after minister Luhut Pandjaitan made his remarks to reporters. Musk and Widodo met […]
Read MoreThe Philippines challenged China on Monday to open Scarborough Shoal to international scrutiny after it accused Beijing of destroying the shoal’s marine environment. Maritime tension has been rising in the South China Sea between Manila and Beijing, as the Philippines has accused China of using water cannons and blocking manoeuvres through disputed shoals and reefs. […]
Read MoreParliamentarians from Southeast Asia on Saturday urgently called on the United Nations, ASEAN, and the wider international community to take immediate action in order to prevent the mass killing of Rohingyas who are under siege by the Arakan Army in northern Rakhine State. “We are extremely alarmed and concerned by reports that the Arakan Army […]
Read MoreThe payout is in effect higher than Singapore Airlines’ previous year’s earnings high, which resulted in a profit-sharing bonus equivalent to 6.65 months’ pay and a maximum of 1.5 months’ salary of ex-gratia bonus related to the pandemic. Singapore Airlines declined to comment. The city-state carrier delivered a record S$2.67 billion ($1.98 billion) annual profit […]
Read MoreWestern volunteers, including a former British soldier and an American fighter, have joined the battle against Myanmar’s military regime, inspired by the bravery of the anti-coup resistance. These individuals have independently traveled to Southeast Asia to support the local forces in their struggle against the junta. Jason (a pseudonym used due to security concerns), an […]
Read MoreHundreds of people living near an erupting volcano in eastern Indonesia have been evacuated after authorities raised its alert status to the highest level, an official said Friday. Authorities raised the alert status for Mount Ibu, located on remote Halmahera island, to the highest level of a four-tiered system on Thursday after recording two huge […]
Read MoreBy Andrew Haffner Phnom Penh, Cambodia – Cambodia is pushing for an infrastructural renaissance, but it will need some help from its friends abroad to chip away at an estimated price tag of $36.6bn. That was the final sum calculated by the Cambodian government and published earlier this year in a 174-project master plan that […]
Read MoreMalaysia’s economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though some analysts said the rebound could be short-lived with price pressures set to increase. Gross domestic product rose 4.2% in the January-March period from a year earlier, central bank and government data showed […]
Read MoreLawrence Wong will take office as the new Prime Minister of Singapore on Wednesday. The Southeast Asian country is getting a new prime minister for the first time in 20 years. Lee Hsien Loong has been the Prime Minister of Singapore for the past two decades. He will be replaced by 51-year-old Lawrence. Since August […]
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