Singapore-Indonesia Collaboration Continues With Green Economy And New Capital

Singaporeans’ interest in Indonesia’s new capital remains strong, with a focus on the green economy. Prime Minister Lee Hsien Loong emphasised the importance of collaboration during the Singapore-Indonesia Leaders’ Retreat. Discussions with President Joko Widodo discussed Singapore’s assistance in supplying sustainable energy to Nusantara, the projected capital. Notably, Sembcorp, a Singaporean state-owned corporation, is involved […]

The G7 Agreed To A Deal To Quit Coal By 2035

The G7 nations have promised to end unabated coal use by 2035, with some flexibility for special circumstances. This solution, unveiled following meetings in Turin, Italy, aims to phase out coal power generation by the early 2030s. However, governments may continue to use coal if carbon emissions are caught. Countries can set deadlines aimed at […]

South Korea Discusses Joining The AUKUS Pact With US, UK, And Australia

South Korea is in discussions to join part of the AUKUS defence deal, according to Defence Minister Shin Won-sik. AUKUS, which was founded in 2021, seeks to challenge China’s dominance in the Asia Pacific. While the first stage focuses on providing Australia with nuclear submarine technology, the three countries—the United States, Britain, and Australia—have hinted […]

Zambia Seeks Power Imports For Key Mining Sector

Zesco, the state-owned energy provider in Zambia, is getting ready to import electricity to combat an increasing supply shortfall that could hinder operations in the crucial mining sector. Zambia is the second-largest producer of copper in the world. Zesco is getting ready to maintain economic stability and growth by directing the additional power imports towards […]

Brazil’s Government To Launch Commission To Unlock South American Integration Projects

The Planning Ministry will serve as the chair of an interministerial commission that will advance South American integration projects, according to Renata Amaral, Brazil’s secretary for international affairs and development. President Luiz Inacio Lula da Silva will issue a decree establishing the commission, thereby easing internal cooperation and effectively initiating these projects. Last year, the […]

Focus On Digital Economy And Supply Chains To Open New Avenues For US And S’pore Businesses

Singapore and the US reaffirmed their commitment to enhancing bilateral cooperation through their 20-year-old free trade agreement (FTA). During the recent Joint Committee Meeting, chaired by Singapore’s Minister for Trade and Industry Gan Kim Yong and US Trade Representative Katherine Tai, they prioritised the digital economy, paperless trading, and supply chain resilience. Minister Gan emphasised […]

Britain Rolls Out Post-Brexit Plans For Authorising EU Investment Funds

On Wednesday, Britain unveiled its plan to authorise European Union investment funds after Brexit, with the goal of ensuring continuity and choice for UK investors. The Overseas Funds Regime (OFR) will replace temporary licenses, allowing non-UK funds to be authorised for sale in the UK. This move aligns with Britain’s commitment to providing long-term market […]

LIFESTYLE TECH SPORTS AWARDS ARCHIVE VIDEOS POLL EU Offers Lebanon 1 Billion Euros In Economic And Security Support

The European Union has pledged 1 billion euros to assist Lebanon’s struggling economy and strengthen its security forces, announced European Commission President Ursula von der Leyen during her visit to Beirut. This financial aid aims to enhance essential services like healthcare and education. Von der Leyen stressed the importance of Lebanon implementing economic, financial, and […]