How can M3 – a collaborative effort between MUIS, Mendaki and MESRA to harness each other's strengths and resources – expand its network of community partners to better serve the needs of beneficiaries? How can ambassadors of Project DIAN@M3, which aims to uplift Malay families in public rental flats and guide them towards owning their own homes, be given more support to run the programme better? These questions were asked by MP Mohd Fahmi Aliman in Parliament on Monday (Mar 6). How can M3 – a collaborative effort between MUIS, Mendaki and MESRA to harness each other's strengths and resources – expand its network of community partners to better serve the needs of beneficiaries? How can ambassadors of Project DIAN@M3, which aims to uplift Malay families in public rental flats and guide them towards owning their own homes, be given more support to run the programme better? These questions were asked by MP Mohd Fahmi Aliman in Parliament on Monday (Mar 6).

https://www.channelnewsasia.com/watch/committee-supply-2023-debate-day-7-mohd-fahmi-aliman-m3-and-project-dian-3327486

#channelnewsasia

Singapore's well-established advantages, ranging from political and economic stability to developed infrastructure, will continue to give it an edge, but the country needs to be 'nimble' to ward off rising competition for investments, experts say.   SINGAPORE: Surrounded by lawmakers and business leaders, United States President Joe Biden was all smiles as he signed into law what he called 'a once-in-a-generation investment in America' on the morning of Aug 9, 2022. A rare major foray into US industrial policy, the Chips and Science Act was a spending package that would devote US$52 billion to scientific research and American production of semiconductors.

https://www.channelnewsasia.com/business/focus-singapore-competition-global-investments-us-china-3376206

#channelnewsasia

Even though economic recovery is narrow for now, the momentum for growth is strong, and businesses should build on this to embrace transformation fully, says SBF CEO Lam Yi Young...

https://www.channelnewsasia.com/news/commentary/singapore-post-covid-economic-growth-gdp-sectors-tech-exports-14719144

#channelnewsasia

TikTok has appointed Singaporean Shou Zi Chew as the new chief executive officer of the popular video-sharing platform...

https://www.channelnewsasia.com/news/business/tiktok-names-singaporean-shou-zi-chew-as-new-ceo-14722210

#channelnewsasia

China's Semiconductor Manufacturing International Corp (SMIC) said on Friday that demand for chips exceeds supply, and raised its expectations for sales for the first half of the year...

https://www.channelnewsasia.com/news/business/china-s-smic-raises-revenue-expectations-following-strong-first-quarter-as-chip-shortage-boosts-demand-14807798

#channelnewsasia

South Korea's Hyundai Motor Co said on Thursday it planned to invest US$7.4 billion in the United States by 2025 to produce electric vehicles, enhance production facilities and develop smart mobility solutions. (https://prn.to/33E6qMm...

https://www.channelnewsasia.com/news/business/hyundai-to-invest-us-7-4-billion-in-us-by-2025--with-electric-cars-in-focus-14803972

#channelnewsasia

Japan's economy is set to grow much slower than previously hoped this quarter, hobbled by extended emergency measures put in place to halt a rise in coronavirus infections, a Reuters poll showed...

https://www.channelnewsasia.com/news/business/japan-second-quarter-economic-growth-forecasts-cut-sharply-on-coronavirus-restrictions---reuters-poll-14808300

#channelnewsasia

Global stocks edged higher and the dollar dipped on Friday after U.S. Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world's biggest economy...

https://www.channelnewsasia.com/news/business/world-stocks-up--dollar-dips-as-fed-officials-calm-inflation-fears-14808404

#channelnewsasia

Indian drugmaker Dr. Reddy's Laboratories Ltd said on Friday it expects to get 36 million doses of Sputnik V COVID-19 vaccine in the next couple of months under its contract with Russia's sovereign wealth fund...

https://www.channelnewsasia.com/news/business/india-s-dr--reddy-s-to-get-36-million-doses-of-sputnik-v-vaccine-in-next-few-months-14809868

#channelnewsasia

Teams are no longer for life and it is breeding an emptiness that wont be fixed once were back in the workplace, says the Financial Times' Pilita Clark...

https://www.channelnewsasia.com/news/commentary/tips-lonely-loneliness-working-from-home-new-job-connect-14731220

#channelnewsasia

SINGAPORE: Singapore Airlines Ltd said on Monday (May 3)it had raised about S$2 billion through sale-and-leaseback deals for 11 of its planes to help bolster liquidity as it grapples with the pandemic-related plunge in travel.

The airline said it would continue to explore other ways to raise...

https://www.channelnewsasia.com/news/business/singapore-airlines-raises-1-5-billion-airplane-sale-leaseback-14736046

#channelnewsasia

Facebooks new Oversight Boards decision to extend the ban on former President Trumps account gives him the attention he craves and Facebook the scrutiny it sought to avoid, says NTUs Mark Cenite...

https://www.channelnewsasia.com/news/commentary/donald-trump-big-tech-facebook-ban-oversight-14762764

#channelnewsasia

SpaceX will launch the "DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment...

https://www.channelnewsasia.com/news/business/spacex-accepts-dogecoin-as-payment-to-launch-a-lunar-mission-next-year-14777354

#channelnewsasia

:The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover from a ransomware attack that forced the company to shut a critical fuel network supplying populous eastern states...

https://www.channelnewsasia.com/news/business/us-government-working-to-aid-top-fuel-pipeline-operator-after-cyberattack-14779178

#channelnewsasia

While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production...

https://www.channelnewsasia.com/news/business/chip-shortage-in-focus-as-japan-automakers-ready-to-report-profit-drop-14779580

#channelnewsasia

MANILA: Philippine exports expanded at the fastest pace in more than 10 years in March, the statistics agency said on Friday, driven by strong demand from major trading partners, while imports rose at the highest rate in more than two years.

Outbound shipments increased 31.6per cent from a...

https://www.channelnewsasia.com/news/business/philippines-march-exports-grew-at-fastest-pace-in-more-than-10-years-14760976

#channelnewsasia

China's exports grew 32.3per cent from a year earlier in April, official data showed on Friday, beating market expectations as the world's second-largest economy continues to recover from the COVID-19 pandemic...

https://www.channelnewsasia.com/news/business/china-april-exports-rise-32-3per-cent-y-y--imports--43-1per-cent-y-y-14761436

#channelnewsasia

SINGAPORE: Companies that have traditionally relied on migrant workers from India and Bangladesh are now looking further afield for labour, several firms told CNA.

However, they also said that they are just starting to explore the options, and to expect project delays and disruptions for the time...

https://www.channelnewsasia.com/news/singapore/companies-seek-alternatives-as-workers-from-india-bangladesh-14755650

#channelnewsasia

Ericsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung, ending a dispute that hit the Swedish telecom equipment maker's first-quarter revenue...

https://www.channelnewsasia.com/news/business/ericsson-settles-patent-dispute-with-samsung-14762278

#channelnewsasia

U.S. electric vehicle maker Tesla Inc said via Weibo on Wednesday that it supports standardisation of China auto industry...

https://www.channelnewsasia.com/news/business/tesla-says-it-supports-standardisation-of-china-auto-industry-14795910

#channelnewsasia

Japan's bank lending slowed sharply in April as corporate fund demand stabilised from last year's pandemic-driven spike, data showed on Thursday, a sign the wall of money pumped by the central bank is working its way through the economy...

https://www.channelnewsasia.com/news/business/japan-bank-lending-slows-sharply-as-big-firms-emerge-from-covid-19-strains-14800030

#channelnewsasia

World stocks ticked up to new peaks on Monday on bets interest rates will remain low and the economy continue its recovery, while oil prices jumped after a cyber attack on a U.S. pipeline operator unnerved markets...

https://www.channelnewsasia.com/news/business/stocks-cheer-prospects-for-low-rates--oil-jumps-on-pipeline-outage-14778582

#channelnewsasia

SEOUL/HONG KONG: South Korean battery material maker SK IE Technology Co Ltd (SKIET) saw its stock debut on Tuesday at double its initial public offering (IPO) price, amid rising expectations of electric vehicles (EVs) displacing those powered by fossil fuel.

SKIET's shares opened at 210,000...

https://www.channelnewsasia.com/news/business/south-korea-s-skiet-shares-debut-at-double-ipo-price-14784702

#channelnewsasia

SEOUL: Kakao Entertainment Corp, the online comic, talent agency and movie-making unit of South Korean tech giant Kakao Corp, is acquiring New York and Seoul-based serialized fiction app Radish for US$440 million, Radish said in a statement.

The purchase will make Kakao the latest South Korean...

https://www.channelnewsasia.com/news/business/south-korea-s-kakao-entertainment-to-acquire-serial-fiction-app-radish-for-us-440-million-14784678

#channelnewsasia

The dollar nursed losses against the currencies of major commodity exporters which enjoyed support from expectations for further gains in the price of oil, copper, steel, and other metals...

https://www.channelnewsasia.com/news/business/commodity-currencies-hold-advantage-as-dollar-waits-for-inflation-and-fed-14784808

#channelnewsasia

The Bank of Japan must consider taking necessary steps on climate change in line with its mandate as a central bank, one of its board members was quoted as saying at a policy meeting in April...

https://www.channelnewsasia.com/news/business/boj-policymakers-warned-of-uncertainty-over-recovery-prospects-at-april-meeting-14784728

#channelnewsasia

TOKYO: Japan's household spending posted its biggest monthly gain in 18 months in March, data showed on Tuesday, as consumer demand rebounded strongly from the heavy blow it took from the worsening impact of the coronavirus pandemic last year.

But an extension of new state of emergency...

https://www.channelnewsasia.com/news/business/japan-s-march-household-spending-posts-biggest-monthly-rise-in-14784560

#channelnewsasia

China's factory gate prices rose 6.8per cent from a year earlier in April, official data showed on Tuesday, reaching the highest level since October 2017 and beating analysts' forecast...

https://www.channelnewsasia.com/news/business/china-april-ppi--6-8per-cent-year-on-year--cpi--0-9per-cent-year-on-year-14785074

#channelnewsasia

HONG KONG :Asian tech stocks tumbled on Tuesday and a regional equity gauge suffered its biggest slide in nearly two months after a selloff on Wall Street, as traders braced for U.S. inflation data amid worries growing price pressures might bring forward rate rises...

https://www.channelnewsasia.com/news/business/tech-selloff-deepens-on-inflation-fears--fed-outlook-14785900

#channelnewsasia