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CNA938 Rewind - Singapore v Australia at opening of World Aquatics Championships

CNA938 Rewind - Singapore v Australia at opening of World Aquatics Championships

CNA10-07-2025
CNA938 Rewind - Business Adaptation Grant; How far can a $100,000 go?
Singapore will launch a new Business Adaptation Grant capped at $100,000 per company with a co-funding element in October. The grant will cover businesses that export to or operate in overseas markets and are affected by tariffs, as well as those which need help with reconfiguration costs, including logistics and inventory holding costs. Daniel Martin learns more from Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.
CNA938 Rewind - From Wimbledon to Fukuoka: Inside Ascott's Gan Hup Tan's Holiday Highlights
In 'Destination Anywhere', Melanie Oliveiro finds out about the holidays of Gan Hup Tan, Vice President (Marketing, Loyalty & Partnerships) at The Ascott Limited. Tan will highlight trips to France, England and Japan. In France, he'll recall going to Roland Garros - the French Open in May, visiting the museum Centre Pompidou for its unique architecture, and savouring must-eat bites & meals. In England, Tan will talk about going to Wimbledon for lawn matches, spending hours at the Seven Dials neighbourhood at Covent Gardens and grabbing a cup of java at Monmouth Coffee. And as for Japan, Tan will talk about Fukuoka city – known as the home of the tonkotsu ramen and Tenjin, an area where there's fun to be had at some Christmas markets.
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Japan's ruling coalition likely to lose upper house majority, exit poll shows
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TOKYO: Japan's ruling coalition is likely to lose its majority in the upper house, an exit poll for Sunday's (Jul 20) election showed, potentially fuelling political instability in the world's fourth largest economy as a tariff deadline with the United States looms. While the ballot does not directly determine whether Prime Minister Shigeru Ishiba's shaky minority government falls, it heaps pressure on the embattled leader who also lost control of the more-powerful lower house in October. Ishiba's Liberal Democratic Party (LDP) and coalition partner Komeito needed 50 seats to retain control of the 248-seat upper chamber in an election where half the seats are up for grabs. They are forecast to secure 32 to 51 seats, the exit poll by public broadcaster NHK showed. The LDP, which has ruled Japan for most of the post-war period, had its worst showing in 15 years in October's lower house election. That has left Ishiba vulnerable to no-confidence motions that could topple his administration and trigger a fresh general election.

Bangladesh signs US wheat-import deal in bid to curb tariff pressure
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DHAKA: Bangladesh signed a deal on Sunday (Jul 20) to import 700,000 tonnes of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief from the Trump administration amid growing trade tensions, officials said. The agreement – formalised through a memorandum of understanding inked in Dhaka between the Ministry of Food and trade group US Wheat Associates – comes at a critical moment, with Washington set to impose a 35 per cent tariff on Bangladeshi exports from Aug 1. Officials in Dhaka hope the pact will help narrow Bangladesh's US$6 billion trade deficit with the US and pave the way for more-favourable treatment of key export items, particularly garments, which dominate shipments to the United States. Bangladesh's de facto food minister, Ali Imam Majumder, said at the signing ceremony that the agreement would not only ensure a steady supply of high-quality wheat at competitive prices but also strengthen trade ties between the two nations. 'This step reflects our willingness to build mutual trust and deepen economic cooperation with the United States,' he said. The US tariff hike has rattled Bangladesh's export sector, especially the ready-made garments industry, which fears losing competitiveness in one of its largest markets. The wheat initiative is widely seen as part of a broader diplomatic and trade strategy to soften Washington's stance and open the door for further negotiations. Officials from the Ministry of Commerce said talks are ongoing with US counterparts in an effort to lower the duty, arguing that such high tariffs could significantly undermine Bangladesh's competitiveness in the American market. Bangladesh imports around 7 million tonnes of wheat each year, with the bulk sourced from the Black Sea region due to its lower cost. Smaller volumes of higher-quality wheat, including some from the United States, are also imported for blending.

Crypto exchange Tokenize Xchange to shut down Singapore operations
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