Asia Economy
Huge pay bumps and flexi work hours: How Singapore companies are fighting the talent war
Companies in Singapore are adjusting salaries and beefing up mental health benefits, bonuses, flexible working policies and more. Jayson_lys | E+ | Getty Images In a normal year, lawyers at one of Singapore’s top four local law firms could expect to receive an annual increment of between 10% and 15%. The company said employees would get […]
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The race toward a new computing technology is heating up — and Asia is jumping on the trend
A quantum computer in a vibration-free building. Quantum computing will ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured. Oliver Berg | Picture Alliance | Getty Images Quantum computing was already gathering pace in Japan and elsewhere in Asia when the University […]
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China tries to shake off the worst of the pandemic in a long, zero-Covid journey
A handful of tourists visit the normally packed Yuyuan Garden during the Dragon Boat Festival holiday on June 4, 2022, in Shanghai, where authorities are allowing a return to normal life and business activity. Vcg | Visual China Group | Getty Images BEIJING — China is starting to show signs of recovery from the latest […]
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India’s ruling party suspends BJP official over comments about Islam
India’s Bharatiya Janata Party’s spokeswoman Nupur Sharma has been suspended in response to comments she made during a TV debate about the Prophet Mohammed. Hindustan Times | Hindustan Times | Getty Images India’s ruling Bharatiya Janata Party (BJP) said on Sunday it had suspended BJP spokeswoman Nupur Sharma in response to comments she made during […]
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Crypto enthusiasts want to remake the internet with ‘Web3.’ Here’s what that means
Some crypto enthusiasts want a new kind of internet that yanks power away from Big Tech and hands it to people. Can they succeed? Remember AOL chatrooms and downloading songs through Napster? The internet has come a long way.Today, it’s dominated by Meta, Google and a handful of other tech giants whose services have made […]
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Australia’s prime minister in Indonesia for talks on investment, climate change
Australian Prime Minister Anthony Albanese speaks to media on June 5, 2022. Australian Prime Minister Anthony Albanese was in Indonesia on Monday to meet its President Joko Widodo and shore-up relations between the two neighbors, in his first bilateral visit since being elected last month. Matt Jelonek | Getty Images News | Getty Images Australian […]
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Left out of the Indo-Pacific deal, China pushes toward the world’s largest trade deal
U.S. President Joe Biden, India’s Prime Minister Narendra Modi and Japan’s Prime Minister Fumio Kishida attend the Indo-Pacific Economic Framework for Prosperity (IPEF) launch event at Izumi Garden Gallery in Tokyo, Japan, May 23, 2022. Jonathan Ernst | Reuters Amid the fanfare of U.S. President Joe Biden’s new Indo-Pacific strategy, China flew under the radar and […]
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As one of Asia’s global hubs moves to reopen, another remains mired in restrictions
People queue up for Covid-19 nucleic acid tests on April 28, 2022 in Hong Kong. While Singapore has steadily moved to reopen in recent months, Hong Kong remains mired in restrictions that critics say are costing it business and talent, with Singapore a prime beneficiary. Chen Yongnuo | China News Service | Getty Images When […]
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Beijing to allow indoor dining, further easing Covid curbs
Women eat and drink together outside a closed convenience store on May 31, 2022 in Beijing. Inside dining and drinking was banned due to Covid-19 outbreaks. Kevin Frayer | Getty Images News | Getty Images Beijing will further relax Covid-19 curbs by allowing indoor dining, as China’s capital steadily returns to normal with inflections falling, […]
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South Korea to lift quarantine requirement for non-vaccinated foreign arrivals
Arriving passengers are assisted by quarantine workers in an arrival hall at Incheon International Airport in Incheon, South Korea, on Monday, March 21, 2022. South Korea’s prime minister on Friday said the country will lift its quarantine requirement for foreign arrivals without vaccination from June 8 and also start lifting aviation regulations imposed for international […]
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