Business

Commentary: Indonesia’s New Cabinet and Joko Widodo’s Political Transformation

[ad_1] SINGAPORE: Indonesian President Joko Widodo reshuffled his 14-month cabinet last week. While the move was widely anticipated, the sweeping changes came as a surprise. Six ministers were replaced. Ad Ad Two, Social Affairs Minister Juliari Batubara and Fisheries Minister Edhy Prabowo, were expelled after the Corruption Eradication Commission (KPK) …

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Traveling under the green lane agreement is hit after Indonesia’s temporary ban on foreigners, Singapore News & Top Stories

[ad_1] SINGAPORE – Singaporeans will not be able to travel to Indonesia under the Singapore-Indonesia Green Lane / Travel Corridor Reciprocal Agreement, following Indonesia’s temporary ban on entry for all foreign nationals, amid concerns over the coronavirus strain over infectious disease identified in the United Kingdom. This was announced by …

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NYSE to exclude Chinese telecom giants in US executive order.

[ad_1] Friday, January 1, 2021 – 10:18 am [NEW YORK] The New York Stock Exchange said it will delist three Chinese corporations to comply with a U.S. executive order imposing restrictions on companies identified as affiliated with the Chinese military. China Mobile, China Telecom Corp, China Unicom Hong Kong will …

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Brexit sparks fears of food and drug supply disruption

[ad_1] LONDON: Despite the free trade agreement signed by London and Brussels, food and medicine providers fear that rapidly introduced changes will disrupt supplies and increase costs, undermining the government’s claims for a post-Brexit dividend. While Boris Johnson had promised a “ready-to-bake” deal a year ago, the British prime minister …

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