Singapore minister given 80% salary cut amid corruption probe

Singapore's Prime Minister Lee Hsien Loong speaks with Chinese Vice President Wang Qishan (not pictured) during a meeting at the Zhongnanhai Leadership Compound in Beijing, China, 09 April 2018. EFE-EPA/PARKER SONG / POOL/FILE

Singapore, Aug 2 (EFE).- Singaporean Prime Minister Lee Hsien Loong announced Wednesday a reduction of more than 80 percent in the salary of the country’s transport minister, investigated for a corruption scandal, the first at that level in decades in the city-state.Lee said in a parliamentary appearance that Subramaniam Iswaran’s monthly salary would be reduced … Read more

Iran announces retaliatory sanctions against European Union, Britain

Tehran, Feb 22 (EFE).- Iran announced new sanctions against 36 people and entities from the European Union (EU) and the United Kingdom in retaliation to the recent restrictive measures by Brussels. The Islamic republic has sanctioned several military companies and politicians, including EU parliamentarians, from various European countries. The Iranian foreign ministry said those sanctioned … Read more

Sony CFO Hiroki Totoki to become group president

resent President and Chief Executive Officer (CEO) of Sony Group Corp. Kenichiro Yoshida and Newly appointed President Hiroki Totoki (R), Chief Financial Officer (CFO) and Deputy President, EFE/EPA/KIMIMASA MAYAMA

Tokyo, Feb 2 (EFE).- Sony’s Chief Financial Officer Hiroki Totoki is set to become the group’s president and chief operating officer from April 1, the Japanese corporation announced Thursday. Totoki, who also holds the position of executive deputy president at present, will replace Kenichiro Yoshida as president.Yoshida will remain the chief executive officer of the … Read more

Myanmar’s ongoing turmoil

Journalist Mratt Kyaw Thu talks to EFE / Credit: Ballesteros

By Evaristo Amado Madrid, Feb 1 (EFE).- It has been two years since the military coup in Myanmar and while the opposition is no longer fighting junta’s forces with handmade weaponry, neither internal pressure nor that exerted by regional powers shows signs of restoring democracy in the crisis-struck nation, according to journalist Mratt Kyaw Thu. … Read more