Piracy in Asian waters likely to rise due to global economic uncertainty: Experts


There were 18 piracy attacks between January and March in the Singapore Strait, according to a report by Recaap ISC. - ST

SINGAPORE (The Straits Times/Asia News Network): Economic uncertainty in many parts of the world is likely to fuel a rise in piracy attacks in Asian waters, said experts.

Global crises like the Ukraine war, regional geopolitical tensions and high inflation are some factors driving people to commit piracy.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , piracy , Asia

Next In Aseanplus News

Iran attack on Kuwait airport kills one, injures 63
Taiwan says Japan, Philippines must respect its rights in maritime border talks
HK actor Steve Lee Ka Ding cuts ties with eldest son: 'Seeing him hurts my eyes'
Bollywood stars push to end use of elephants in Indian films
Fuel prices June 4-10: Down for diesel, unsubsidised RON95, RON97
15 months’ jail and caning for man who molested teen on Singapore-bound flight
Philippines House of Representatives approves anti-dynasty bill on third and final reading
Vietnam, China, Laos, Myanmar agree joint crackdown on cross-border drug crime
Can't wait to see South Korea's escaped wolf, Neukgu? Daejeon O-World theme park to reopen Friday (June 5)
Yakuza member among three more arrested over US$2.6 mil theft on Tokyo street

Others Also Read