Philip J Heijmans

Wednesday 23 Apr 2025

16 Apr 2025, 08:00 am

Singapore PM warns of 'messy transition' as US steps backSingapore’s prime minister said he sees America’s inward turn opening up a void in international affairs that will leave the world “more fragmented and disorderly”, with China and other big powers unable to fill the gap.

By Philip J Heijmans / Bloomberg

16 Apr 2025, 08:00 am

Highlight

15 Apr 2025, 08:00 am

Singapore calls May 3 election as prices, trade war take tollSingapore’s government called for a May 3 election as Prime Minister Lawrence Wong seeks a mandate to tackle cost-of-living concerns and lead a nation that has long benefitted from global trade into a complicated new era.

By Philip J Heijmans / Bloomberg

15 Apr 2025, 08:00 am

Global Economy

08 Apr 2025, 08:00 am

Singapore sets up task force as trade tensions seen hitting GDPSingapore will set up a taskforce to address economic uncertainties amid quickly escalating global trade tensions that are likely to undermine this year’s growth prospects, Prime Minister Lawrence Wong said, one day before new US tariffs go into effect.

By Philip J Heijmans / Bloomberg

08 Apr 2025, 08:00 am

Global Economy

05 Apr 2025, 08:00 am

Southeast Asia rushes to avert tariff pain by enticing TrumpCountries in Southeast Asia, major sources of exports to the US, are angling to accommodate President Donald Trump rather than retaliate against his punishing tariffs, seeking to keep exports flowing to one of their biggest markets.

By Philip J Heijmans & Kim Bhasin / Bloomberg

05 Apr 2025, 08:00 am

Global Economy

03 Apr 2025, 08:00 am

Trump tariffs are ‘disaster’ for the world’s poorest countriesPresident Donald Trump’s new reciprocal tariffs are set to hit some of the world’s poorest nations the hardest, putting their labour-intensive export industries at risk and diminishing one of the US’s biggest economic advantages over rival China.

By Philip J Heijmans / Bloomberg

03 Apr 2025, 08:00 am

02 Apr 2025, 08:00 am

Myanmar military fires ‘warning shots’ at Chinese relief convoyMyanmar’s military said it fired “warning shots” at a vehicle convoy from the Red Cross Society of China bringing aid to the central areas of the country devastated by Friday’s earthquake, which has killed more than 2,800 people.

By Philip J Heijmans & Khine Lin Kyaw / Bloomberg

02 Apr 2025, 08:00 am

26 Mar 2025, 08:00 am

China swoops in to replace Asian USAID projects axed by Trump(March 26): The US cancelled two aid projects in Cambodia in late February — one to encourage child literacy and another to improve nutrition and development for kids under five. A week later, China’s aid agency announced funding for programmes to achieve almost identical goals.

By Iain Marlow & Philip J Heijmans / Bloomberg

26 Mar 2025, 08:00 am

21 Mar 2025, 08:00 am

Prabowo faces investor revolt over Indonesia’s economic pathFor months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.

By Philip J Heijmans & Chandra Asmara / Bloomberg

21 Mar 2025, 08:00 am

28 Feb 2025, 08:00 am

Singapore leader defends election year handouts after criticismSingapore Prime Minister Lawrence Wong defended an election year budget featuring a list of handouts after opposition figures criticised the measures as a short-sighted solution for addressing rising living costs.

By Philip J Heijmans / Bloomberg

28 Feb 2025, 08:00 am

Tech

28 Feb 2025, 08:00 am

Singapore charges three after probe into Nvidia server fraudSingaporean police charged three men for allegedly defrauding an unnamed supplier of computing servers, casting a spotlight on local intermediaries’ role in funnelling Nvidia Corp chips around the world.

By Gao Yuan & Philip J Heijmans / Bloomberg

28 Feb 2025, 08:00 am

Forest City SFZ welcomes first two family offices, sees interest from 30 other companies

Trump floats cutting China tariffs ‘substantially’ in trade deal

Sapura Holdings founder Shamsuddin takes the stand as sons' settlement talks fail

Flash floods hit several areas in Selangor, no evacuations reported

Stocks, dollar gain after Trump backtracks on remarks over Fed

Malaysia lost billions in potential income by not educating non-citizens — study

Chinese investors dump US$2b Hong Kong stocks in rare move

Malaysian stocks climb, KLCI retakes key level amid hope for easing trade tensions

Improving NRW a priority, but higher tariffs also needed to sustain the water industry

Indonesian central bank holds policy rates to keep rupiah stable