Photo: AsiaOne Magazine
Savitri Jindal Of India, New Richest Woman In Asia: Bloomberg Billionaires Index
Yang Huiyan was overtaken in Bloomberg Billionaires Index on July 29 by Savitri Jindal of India, who has a wealth of $11.3 billion owing to her conglomerate Jindal Group, which is active in industries such as metals and power generation. She also fell behind fellow Chinese mogul Fan Hongwei, whose fortune stems from the chemical… read-more
Tags: Asia, richest woman, India, Savitri Jindal, Bloomberg Billionaire Index
Courtesy: NDTV
Photo: India Times
China's Real Estate Crisis Causes Asia's Richest Woman To Lose Half Her Wealth
Yang Huiyan, Asia's wealthiest woman, had her wealth shrink by more than half this year, from roughly $24 billion to $11 billion, as China's property crisis worsened, as per Bloomberg Billionaires Index. The 41-year-old is the CEO of Country Garden Holdings, China's largest real estate developer by sales. Country Garden suffered from… read-more
Tags: Asia, richest woman, China, Property issue, Wealth
Courtesy: India today
Photo: The Guardian
Thailand, First Asian Country To Legalize Marijuana For Medical Purposes Only
Thailand decriminalized marijuana growing and possession on June 9. Thailand is Asia's first country to legalize marijuana. Uruguay and Canada are the only nations that have legalized recreational marijuana on a national level so far. The government stated that it is solely pushing cannabis for medical purposes, warning people who want to smoke for pleasure can face a three-month prison sentence and a fine of 25,000 Thai baht.
Tags: Thailand, Marijuana, Asia, medical use, Prison
Courtesy: Free Press Journal
Photo: The Print
No Trust Vote Comes As Imran Khan Govt Faces Political Crisis
Ever since elected in 2018, Pakistan Prime Minister Imran Khan is set to face the biggest challenge of his tenure, as the No-Trust Votes is set to . His Pakistan Tehreek-e-Insaf party effectively lost the majority in the assembly last week when a key coalition partner voted against. Imran Khan has called for supporters and will be the third premier of Pakistan to face the No-Trust Vote.
Tags: Pakistan Government, Imran Khan, Pakistan elections, Asia, islamabad
Courtesy: NDTV
Photo: Republic World
Indian Candidate Elected To Top Committee Of INTERPOL
CBI Special Director Praveen Sinha was elected as a delegate from Asia to the INTERPOL executive committee on November 25, according to sources. The Indian nominee won a tight poll in which contenders from China, Singapore, the Republic of Korea, and Jordan competed for two seats on the select panel. The elections took place in Istanbul at the 89th INTERPOL (International Criminal Police Organisation) General Assembly, according to reports.… read-more
Tags: interpol, India, Elections, Asia, United States
Courtesy: Press Trust of India
Photo: The Straits Times
Asia's Most Expensive Apartment Sold For HK$640 Million: Hong Kong
Hong Kong's luxury housing market boosted as Wharf Holdings Ltd and Nan Fung Development Ltd's HK apartment at Mount Nicholson was sold fror HK$640 million. The apartment has three parking areas, measuring 442 sq metres. It is reported to be the most expensive apartment per sq foot in Asia. The sale has broken the record of CK Asset Holdings Ltd, which was sold for HK$136,000.
Tags: Hong Kong, Asia, Luxury Home, Asia's Most Expensive Flat, Apartnements
Courtesy: Bloomberg
Photo: BBC
US Nuclear Submarine Hit By Unknown Object While Operating In Asia
The US Navy said that a US nuclear submarine was damaged after colliding with an unknown object while operating underwater in Asia on October 7. Reportedly, it didn't cause any life-threatening incident, but approximately a dozen sailors were injured. Luckily, its ''nuclear propulsion plant and spaces weren't affected''. The submarine was travelling in the South China Sea to counter China's dominance in the region, media reports said.
Tags: USA, Nuclear submarines, Asia, Collision
Courtesy: NDTV
Photo: Bloomberg
Indonesia Surpasses India To Become Asia's COVID-19 Hotspot: Report
According to Nikkei Asia's report, Indonesia has surpassed India to become Asia's Covid-19 Hotspot after reporting more than 40,000 cases for the second consecutive day on July 13. Meanwhile, India reported 31,443 fresh COVID-19 cases which are said to be the lowest in 118 days. ''Nationwide there are still beds, but cases are very high because of uneven outbreaks of the delta variant,'' said Indonesia's Health Minister Budi Sadikin.
Tags: Covid-19, Indonesia, Asia, COVID-19 HOTSPOT, Delta Variant
Courtesy: Jagran English
Photo: Bloomberg
Singapore Kicks Off Vaccination With Pfizer's COVID-19 Vaccine
Singapore on December 30 became the first Asian country to begin its vaccination programme with Pfizer-BioNTech's COVID-19 vaccine. Over 30 staff at the National Centre for Infectious Diseases were among the first to receive the vaccine's shot. Moreover, the second dose of the vaccine will be administered on January 20. Reportedly, Singapore has signed to purchase other COVID vaccines, including those of Moderna and Sinovac, as well.
Tags: Covid-19, Pfizer-BioNTech, SINGAPORE, Asia
Courtesy: NDTV
Photo: The Economic Times
India Tops List Of Countries With Highest Bribery Rate In Asia
Transparency International has ranked India first in the list of highest bribery rate in Asia. In a sample size of 2,000 people, 39% Indians accepted to have bribed officials to get their work done. Besides, 46% of the people accepted using personal connections to avail the government services. Moreover, 63% Indians did not report corruption, including sextortion, due to a fear of retaliation. The report cited complicated bureaucracy and … read-more
Tags: Transparency International, India, Asia, corruption
Courtesy: Hindustan Times