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Ai Ballesteros

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Ai is a Journalism graduate at a state university in the Philippines who considers "writing" and "enlightening the blind" as her passion.

Singapore, Hong Kong defer ‘travel bubble’

Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus cases. A report by the Bangkok Post on Saturday, November 21, quoted Hong Kong’s Commerce Secretary Edward Yau as saying that...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade network to speed up member countries’ economic growth. According to a report by Al Jazeera, the RCEP which has been pending...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue package amid the global pandemic that has dented most firms’ financial portfolio. According to a report by The Straits Times and...

Twin typhoon smashes into the Philippines

The Philippines was hit by a twin typhoon on Sunday--one of which considered the strongest for the year--claiming the lives of seven people amid the global pandemic that has been plaguing global economies. On Sunday, the state weather bureau Philippine Atmospheric, Geophysical, and Astronomical Services...

Moody’s: Borrowers to face debt shock next year

Governments and corporations accumulating a significant amount of debt to combat the effects of the coronavirus disease 2019 (COVID-19) are bound to shell out expensive loan payments beginning next year, according to debt watcher Moody’s Investors Service. The scenario applies most especially to Southeast Asian...

Bid to put Malaysia under state of emergency rejected

Malaysian King Abdullah Ri’ayatuddin has rejected a proposal to declare a state of emergency to combat the increasing cases of coronavirus amid strong opposition from the public. In a statement read by Ahmad Fadil Shamsudin, comptroller of the royal household, the king “ of the...

Thailand government urged to boost ties with China

Thailand was seeking to deepen its trade relationship with China in a bid to support its ailing economy amid the global pandemic. In a report by Bangkok Post, Thai-Chinese Chamber of Commerce president Narongsak Puttapornmongkol was quoted as saying that China, whose economy was already...

Malaysia seeks reopening of border with Singapore anew

The Malaysian government was planning to reopen its shared border with Singapore as it sought to generate more revenues for the economy that was heavily dampened by the coronavirus pandemic. A report by the Straits Times on Monday quoting Johor Menteri Besar Hasni Mohammad said...

Vietnam approves ExxonMobil’s plan to build a $5.09-billion LNG in Hai Phong

Vietnam has given the green light for US-based ExxonMobil to develop a $5.09-billion liquefied natural gas (LNG) in the port city of Hai Phong. A report by Reuters and was picked up by oilprice.com said on Friday that ExxonMobil secured the go-signal of the people’s...

Laos-China railway now in advanced stages of construction

Laos-China Railway Co., Ltd. is now in the advanced stages of construction for the 422-kilometer Vientiane-Boten railway. This as drilling of the tunnels across the entire stretch is now through, a report by state news agency Xinhua and was picked up by Vietnam News said. The...

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Singapore, Hong Kong defer ‘travel bubble’

Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...