The Hang Seng index is down by 13.22 per cent, its sharpest drop since 1997, in the wake of the trade war triggered by tariffs. Recession fears are also sinking Singaporean real estate companies. Massive interventions by a Chinese sovereign wealth fund contains losses on the Shanghai stock exchange.
The city-state government is launching a 100-local-dollar card to facilitate access to events, exhibitions and initiatives for young and old. It is also a way to support employment in the sector, which is still struggling despite the post-Covid recovery.
Pannir Selvam Pranthaman is scheduled to hang on 20 February after 11 years in Singapore’s notorious Changi Prison. His family hopes for a stay of execution, urging friends and relatives to pray for a miracle. But the only way to stop the execution is for the Malaysian government to go before the International Court of Justice.
Southeast Asia expert Bridget Welsh analyses Kuala Lumpur's first steps at the helm of the bloc: the leadership will be successful if it puts ‘the interests of those who live in the region above those of its leaders’. ‘Calling for “inclusive elections” in Myanmar contradicts the real situation on the ground’.
After last November's knife attack on Fr Lee, Fr Cary Chan of the Holy Spirit Church was targeted this time. A 22-year-old young man with mental and physical problems attacked him and hit him in the face. The priest suffered a haematoma, but still wanted to celebrate Mass. The archdiocese: ‘Remain calm and refrain from speculation’.
A study by IPS and OnePeople titled Indicators of Racial and Religious Harmony indicates that racial and religious stereotypes are growing as people become more conscious and honest about diversity. A quarter of the population does not fully trust fellow citizens from other religious or ethnic backgrounds, down from 42 per cent in 2013.
