Singapore imports 90% of its food – how is it coping with inflation?

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak | Bloomberg | Getty Images Singapore is known for its variety of street food and local cuisines, but many may not know … Read more

Singapore imports 90% of its food – how is it coping with inflation?

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak | Bloomberg | Getty Images Singapore is known for its variety of street food and local cuisines, but many may not know … Read more

Indonesia increasingly wary of Australia. Albanese wants to change it

Australian Prime Minister Anthony Albanese returns from laying a wreath at Indonesia’s National Heroes Cemetery on June 6, 2022 in Jakarta, Indonesia. Albanese made his first trip to Indonesia promising to strengthen ties during two days of diplomatic and business meetings. Ed Wray | Getty Images Long before Australia’s new Prime Minister Anthony Albanese made … Read more

Indonesia increasingly wary of Australia. Albanese wants to change it

Australian Prime Minister Anthony Albanese returns from laying a wreath at Indonesia’s National Heroes Cemetery on June 6, 2022 in Jakarta, Indonesia. Albanese made his first trip to Indonesia promising to strengthen ties during two days of diplomatic and business meetings. Ed Wray | Getty Images Long before Australia’s new Prime Minister Anthony Albanese made … Read more

Left out of the Indo-Pacific deal, China pushes toward RCEP trade deal

US President Joe Biden, Indian 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 US President Joe Biden’s new Indo-Pacific strategy, China flew under the radar … Read more

India sees a second chance to pivot to the Pacific in IPEF

US President Joe Biden (R) here seen reviewing an honor guard with Japanese Prime Minister Fumio Kishida in Tokyo, released an economic framework during his visit to Japan last week. The IPEF came as a lifeline for India, which had stayed out of a China-centric pact consisting of Southeast Asian nations in 2020. Pool | … Read more

China faces a nearly $ 1 trillion funding gap. It will need more debt to fill it.

During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is a project in Qingzhou, Shandong province, on May 15, 2022. CFOTO | Future Publishing | Getty Images BEIJING – The Chinese government faces a growing shortfall of cash, analysts say, as they … Read more

People are leaving Hong Kong and here’s where they’re going

They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 – not because they want to, several told CNBC, but because Covid restrictions and what they … Read more

India needs to fill China gaps to become the “pharmacy of the world”

India has embarked on an ambitious plan to cut dependence on China for key raw materials as it seeks to become self-sufficient in its quest to be the “pharmacy of the world.” Varun Singh Bhati | Eyeem | Getty Images India has embarked on an ambitious plan to cut dependence on China for key raw … Read more

What is the Indo-Pacific framework, who’s in it, why it matters

US President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the US unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the US … Read more