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Your Week in Asia

Singapore Airshow, Japan-Ukraine conference, Cambodia Senate election

Your weekly lineup of Asia's biggest business and political events

The Indonesian Air Force's aerobatics display team takes to the skies during the Singapore Airshow in 2022.   © Reuters

Welcome to Your Week in Asia.

Japan will welcome Ukrainian officials and businesses for a conference on helping to reconstruct the war-ravaged country. Saturday marks two years since Russia started the ongoing conflict in Ukraine.

Over 1,000 aerospace and defense companies from more than 50 nations will flock to Singapore for a biennial air show, widely seen as Asia's key aviation industry event.

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MONDAY

Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction

Nearly two years since Russia invaded Ukraine on Feb. 24, 2022, Japan will host Ukrainian Prime Minister Denys Shmyhal and others to discuss cooperative measures for rebuilding the wartime nation's destroyed infrastructure and businesses. Companies from both countries are expected to announce partnerships in areas such as support for agriculture and the disposal of debris and land mines.

India, EU hold FTA talks

India and the European Union are due to hold a seventh round of free trade talks from Monday through Friday. When asked if a deal was imminent, officials at India's Commerce Ministry would only say that they were still in the middle of negotiations. The discussions come as Western institutions seek new connections with the world's most populous nation, with the Paris-based International Energy Agency announcing it would start talks on India's potential full membership.

GDP: Thailand

TUESDAY

Singapore Airshow starts

Asia's most influential aviation industry expo returns at full-scale after the biennial show was crimped back amid strict COVID-19 restrictions. More than 1,000 aerospace and defense companies from over 50 countries are expected to attend this year, with strong optimism for industry recovery and a growing focus on new challenges such as sustainability. The first four days of the exhibition are reserved for trade visitors, with the following two open to the public. Over 60,000 visitors are expected during the weekend.

Earnings: Singapore Airlines, BHP

Monetary policy: China

WEDNESDAY

Earnings: HSBC Holdings, Hang Seng Bank, Bank of East Asia

Monetary policy: Indonesia

Japan data: trade

THURSDAY

Earnings: Grab, VinFast

Monetary policy: Turkey

FRIDAY

Earnings: Standard Chartered

China data: housing prices

WEEKEND

TSMC opens Kumamoto factory

Taiwan Semiconductor Manufacturing Co. will open its first Japan factory in the southwestern prefecture of Kumamoto. The world's biggest chip foundry wants to shift production away from Taiwan amid growing geopolitical uncertainties. Tokyo is also eager to attract foreign investment with hefty subsidies to revive its chip industry. TSMC already announced it will construct a second plant in the same prefecture. The second factory will produce 6-nanometer chips, the most advanced semiconductors to be made in Japan, and is slated to come online by the end of 2027. The two plants will have a combined capacity of at least 100,000 12-inch wafers a month, equivalent to TSMC's "gigafabs" in Taiwan.

Cambodia Senate election

Cambodia's parliamentarians and local representatives, known as commune councilors, will vote on Sunday to elect 58 members for the country's Senate, with another four senators nominated and approved.

If the vote is along party lines, the indirect election would see 49 senators for the ruling Cambodian People's Party (CPP) and nine for the opposition Candlelight party, who have registered their candidates under the Khmer Will Party (KWP) banner after being disqualified in the previous national election, which was widely panned as unfree. CPP is led by Hun Manet, who took over the prime ministership from his father Hun Sen last year. Hun Sen is expected to be voted in as senate president.

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