Singapore High Court grants injunction against PM Lee’s brother

Singapore’s High Court granted injunctions against the estranged brother of Prime Minister Lee Hsien Loong, preventing him from making defamatory statements against two of the country’s ministers. The injunctions announced Monday were sought by Law Minister K. Shanmugam and Foreign Minister Vivian Balakrishnan. The officials had previously demanded Lee Hsien Yang withdraw allegations made in […]

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Why is billionaire Jack Ma focusing on food business in China through a new startup ?

Chinese billionaire Jack Ma is backing a newly formed startup, whose name in English translates to “Hangzhou Ma’s Kitchen Food.” According to a report by CNN, the new company is based in the eastern China city of Hangzhou, Ma’s hometown. The startup will involve sale of pre-packaged food, imports and exports, and edible agricultural products. […]

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China warns Taiwan ruling party presidential candidate not to seek independence

A spokesperson for China’s Taiwan Affairs Office of the State Council has issued a warning to Taiwan’s ruling party presidential candidate not to seek independence. Taiwan’s ruling Democratic Progressive Party is fielding Vice President Lai Ching-te for January’s presidential election. Lai and New Taipei City Mayor Hou Yu-ih of the largest opposition party Kuomintang, and […]

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Bangladesh could be one of targets of US’ labour policy: Washington mission to commerce ministry

Dhaka: The US’ latest policy on labour rights warrants enough reasons for Bangladesh to be alarmed, the Bangladesh embassy in Washington has said, stating that the issue should be “taken into cognizance with priority by concerned stakeholders.” In a letter dated 20 November sent to Tapan Kanti Ghosh, senior secretary, the Ministry of Commerce by […]

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Kazakhstan Commences Construction of New Railway to Boost Connectivity

ASTANA – The Turkistan Region has commenced the construction of a new 152-kilometer railway line Darbaza-Maktaaral to augment capacity and enhance export and transit potential, Kazakh Prime Minister Alikhan Smailov announced at a Nov. 27 teleconference, reported the Prime Minister’s press service. A new checkpoint will be established along the Kazakh-Uzbek state border as part […]

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India to remain fastest-growing major economy, but demand uneven: Reuters poll

India’s economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand despite a global slowdown dampening export growth, according to a Reuters poll of economists. Gross domestic product (GDP) growth is forecast to have slowed to 6.8% in the July-September quarter from 7.8% in the […]

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Indian drug manufacturers benefit from Big Pharma interest beyond China

Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts. China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing […]

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