• UN Council demands MH17 crash site access

    UN Council demands MH17 crash site access

    With the backing of Russia, the UN Security Council on Monday unanimously condemned the downing of a Malaysian passenger jet and demanded full access to the crash site in rebel-held east Ukraine. Australia took the lead in drafting the strongly-worded resolution that called for an international investigation and demanded that those responsible face justice. “We [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Syria fly-over sparks new criticism of Malaysia Airlines

    Syria fly-over sparks new criticism of Malaysia Airlines

    Embattled Malaysia Airlines faced fresh outrage Tuesday as it confirmed one of its planes flew over war-torn Syria, just days after the MH17 disaster laid bare the risks civilian aircraft face in flying over war zones. The Malaysian flag carrier confirmed that flight MH4, bound from London for Kuala Lumpur on Sunday, re-routed over Syria [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Vietnam says extreme weather linked to typhoon kills 27

    Vietnam says extreme weather linked to typhoon kills 27

    Extreme weather caused by Typhoon Rammasun has killed 27 people in Vietnam, with the storm unleashing flash floods, landslides and lightning strikes, authorities said Tuesday. Heavy rain flooded 7,200 houses and 4,200 hectares (10,300 acres) of cropland, with the north of the country worst hit, the national flood and storm control committee said. The cost [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Typhoon kills 11 in Vietnam; China deaths up to 33

    Typhoon kills 11 in Vietnam; China deaths up to 33

    A typhoon that barreled into northern Vietnam killed at least 11 people and left several missing, state media said, while in China the death toll from the strongest storm to strike the country’s south in four decades rose to 33. Typhoon Rammasun made landfall in Vietnam over the weekend, triggering heavy floods, destroying homes and [...]

    23-Jul-2014 Intellasia | AP | 6:00 AM
  • Reform-minded governor set to become Indonesian president

    Reform-minded governor set to become Indonesian president

    The reform-minded governor of teeming Jakarta was Tuesday expected to be named next president of Indonesia after a bitterly fought election against a controversial ex-general with deep roots in the era of strongman Suharto. More than 250,000 police officers were on duty across the world’s third-biggest democracy for the announcement of the results two weeks [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Muslim rebel attacks kill 18 in Philippines: military

    Muslim rebel attacks kill 18 in Philippines: military

    An escalation of fighting between the Philippine army and a breakaway Muslim rebel group in the country’s south killed 18 people in a single day of violence, the military said Tuesday. Seventeen members of the rebel Bangsamoro Islamic Freedom Fighters (BIFF) and one soldier were slain in the day-long violence Monday in the strife-torn southern [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Soldier killed as Muslim rebels raid Philippine army outposts

    Soldier killed as Muslim rebels raid Philippine army outposts

    Muslim guerrillas opposed to peace talks with the Philippine government tried to overrun army outposts in the strife-torn south Monday, killing one soldier and wounding a number of civilians, the military said. Three rebels of the Bangsamoro Islamic Freedom Fighters (BIFF) group were also killed following the attack on Mindanao island, said Colonel Dickson Hermoso, [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Typhoon Rammasun death toll rises in the Philippines

    Typhoon Rammasun death toll rises in the Philippines

    The death toll is still rising and hundreds of thousands of homes are without power five days after Typhoon Rammasun’s rampage through the Philippines, authorities said Monday. Reports of fatalities from the typhoon, which struck the archipelago on July 16, continued to come in from isolated areas, bringing the number of dead to 97, the [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Mudslides kill 14 in southwest China, 11 missing

    Mudslides kill 14 in southwest China, 11 missing

    Fourteen people were killed and 11 others are still missing after mudslides swept through two villages in southwest China on Monday following days of heavy rain, state news agency Xinhua reported. Rescuers were working to retrieve people still buried after mudslides struck the villages in Yunnan province, the news agency said, citing local government. Heavy [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • S Korea ferry boss Yoo Byung-eun death confirmed

    S Korea ferry boss Yoo Byung-eun death confirmed

    Police in South Korea have said that a body they found in June is that of the fugitive boss of the operator of a ferry that sank in April, killing more than 300 people. The billionaire businessperson Yoo Byung-eun went missing shortly after the disaster, sparking a massive manhunt. DNA samples from the body matched [...]

    23-Jul-2014 Intellasia | BBC | 6:00 AM
  • Cambodian rivals begin talks to end deadlock

    Cambodian rivals begin talks to end deadlock

    Cambodia’s strongman premier and his main political rival met Tuesday in search of a breakthrough in a year-long crisis fanned by the recent arrest of eight opposition politicians for insurrection. Prime minister Hun Sen, who has held power for nearly three decades, shook hands with opposition leader Sam Rainsy as their first face-to-face talks since [...]

    23-Jul-2014 Intellasia | AFP | 6:00 AM
  • Body of missing S. Korean shipping tycoon found

    Body of missing S. Korean shipping tycoon found

    South Korean police said Tuesday that a badly decomposed body found surrounded by liquor bottles in a field last month was that of a fugitive billionaire businessperson blamed for April’s ferry disaster that killed more than 300 people. The body was found in a field of apricot trees in the southern city of Suncheon on [...]

    23-Jul-2014 Intellasia | AP | 6:00 AM

Society

Miss Thailand Universe runner-up lashes back at pageant organisers

Sunnanipa “Namphet” Krissanasuwan, who was stripped of the third-place title in this year’s troubled Miss Universe Thailand pageant, lashed back at event organisers Monday, insisting she did nothing improper and plans to keep her crown. At a press conference at GMM Grammy Place, Namphet said she wanted to explain her side of the controversy to [...]

New species of water rat discovered in Indonesia

An Australian scientist is amongst the team who were handed a rat they later discovered was not documented in any scientific books. IT WAS NOT until their final morning in camp, after weeks of searching for mammals within the isolated rainforests of West Sulawesi, Indonesia, that Museum Victoria’s Dr Kevin Rowe and his team were [...]

Google honours Singapore national anthem composer Zubir Said

The search giant created a doodle on its website commemorating the man renowned for composing Singapore’s national anthem, Majulah Singapura, on what would have been his 107th birthday on Tuesday (July 22). On what would have been his 107th birthday, local composer Zubir Said – best known for composing Singapore’s national anthem – received a [...]

Health

HIV/Aids mortality rate rising by 11pct annually in Pakistan: report

Human Immunodeficiency Virus/Acquired Immunodeficiency Syndrome (HIV/Aids) is claiming more lives in Pakistan than ever, says a first-of-its-kind analysis of trend data from 188 countries released on Monday. There has been an 11 per cent increase in mortality rates from HIV/Aids in Pakistan, according to the study that examines data from 2000 to 2013. However, it [...]

Malaysia Airlines Disaster Could Be Setback for Aids Research

The HIV/Aids research community expressed sadness today over the loss of prominent Aids researchers and activists who were aboard Malaysia Airlines Flight MH17, saying that the tragedy could also be a setback for research in the field. The flight, which was carrying nearly 300 passengers from Amsterdam to Kuala Lumpur, Malaysia, was brought down yesterday [...]

Cambodia Faces Key Challenges in Effort to Tackle HIV/Aids

Cambodia’s efforts to tackle HIV/Aids over the past 15 years have won it praise, and put it well ahead of many other low-income countries. But some of those most involved in the fight against Aids are worried that an array of challenges could see some of those gains undone. For many years, Cambodia has relied [...]

FinanceAsia

Asia: Marts pick up on easing global tensions

Asian markets picked up yesterday Tuesday July 22 with traders welcoming news that pro-Russian rebels had handed over the black boxes from downed flight MH17, helping to ease geopolitical concerns. Shanghai rose 1.02 per cent, or 21.00 points, to 2,075.48. Tokyo closed up 0.84 per cent, or 127.57 points, at 15,343.28, Seoul ended 0.52 per [...]

Game Insight Launches Economic Strategy Game Transport Empire for Android

Have you ever dreamed of becoming a business tycoon? Game Insight gives you a chance to turn this dream into reality: Transport Empire has been released for Android and is already available for download in the Google Play Store! The game was previously released for iOS platforms. Transport Empire is an engrossing industrial strategy game [...]

Appian 1H 2014 Performance

Appian today announced the company’s 1H 2014 performance results. In the first 6 months of 2014, software license bookings for Appian’s business process management(BPM) suite grew 127 percent and revenues increased 56 percent, over the same period in 2013. Appian’s cloud business accounted for much of this growth, with Appian Cloud seeing a 131 percent increase in customer [...]

Regional

Singaporean senior official visits Cambodia to boost ties

S. Iswaran, Singaporean minister in the office of the prime minister and Second minister for Home Affairs, Second minister for Trade and Industry, visited Cambodia on Monday to further strengthen bilateral ties in politics, economics, trade, and investment. Speaking during a meeting with Cambodian deputy prime minister and Interior minister Sar Kheng on Monday afternoon, [...]

Local Vietnam government to Compensate Taiwanese Firm

A Taiwanese company that was hit hard during May’s anti-China riots in Vietnam will receive cash compensation and security support from the local government, as Hanoi is trying to rebuild its image as a manufacturing hub in Southeast Asia. Formosa Ha Tinh Steel expects to receive 30.3 billion dong ($1.43 million) from Ha Tinh provincial [...]

Singapore incubator Fatfish Internet raises $3.2M, will list in Australia

Lately, we’re seeing a wave of internet companies from Asia gunning for public offerings on the Australian Securities Exchange (ASX). Fatfish Internet Group (ASX:FFG), a startup investment company from Singapore, has now joined the ranks. The firm will begin trading starting on July 22, after raising S$4 million (US$3.22 million) on a market capitalisation of [...]

China

Typhoon Matmo heading toward Taiwan, China

Typhoon Matmo heading toward Taiwan, China

Another typhoon is threatening parts of Asia this week, bringing dangerous conditions to the island of Taiwan and mainland China. Typhoon Matmo formed on July 17 over the southern Philippine Sea, making it the tenth tropical depression of the Northwestern Pacific Ocean this season.The typhoon is moving northwestward at 20 km/h and producing waves of [...]

Switzerland, China agree swap boosting role of yuan

The Swiss and Chinese central banks signed a currency swap agreement in Beijing on Monday, marking an important step in the development of a market for yuan in Switzerland, the Swiss central bank BNS said. The agreement, highlighting steps towards international use of the yuan, ensures that Swiss francs will be available in China and [...]

China Internet population reaches 632 mn

China is now home to 632 million Internet users, a government agency said Monday, although use of social networks has dropped amid a crackdown. The Asian giant’s Internet population – defined as those who have gone online at least once in the past six months – has increased by 14 million since January, according to [...]

Malaysia

Bodies, black boxes handed over from Ukraine crash site

The remains of some of the nearly 300 victims of the Malaysia Airlines plane downed over Ukraine were making their way to the Netherlands on Tuesday as a senior Ukrainian separatist leader handed over the plane’s black boxes to Malaysian experts. Dutch prime minister Mark Rutte told a news conference on Monday that a train [...]

China welcomes UN resolution on MH17, urges Ukraine ceasefire

China welcomes UN resolution on MH17, urges Ukraine ceasefire

Beijing welcomes a recent UN resolution on downed Malaysian Airlines flight MH17 demanding that those responsible be held to account, China’s Foreign minister Wang Yi said, and called for a ceasefire in Ukraine. On its website, the foreign ministry said Wang made the comments in Caracas on Monday while accompanying Chinese President Xi Jinping on [...]

Malaysia Airlines Flight MH17 vigil in Ottawa turns to protest

A solemn vigil for victims of downed Malaysia Airlines Flight MH17 turned to protest in Ottawa Saturday morning as mourners marched with black flags from the Dutch embassy to the Russian embassy. Nearly 200 of the 298 passengers on the Kuala Lumpur-bound flight that departed from Amsterdam were from the Netherlands. Everyone on Thursday’s flight [...]

Indonesia

Widodo expected to be declared winner of Indonesia presidential poll

Widodo expected to be declared winner of Indonesia presidential poll

Jakarta governor Joko Widodo is expected Tuesday to be declared the winner of Indonesia’s tightest presidential election since the end of authoritarian rule, after his opponent ex-general Prabowo Subianto accused him of cheating. More than 250,000 police officers were on duty across the world’s third-biggest democracy for the announcement of the results two weeks after [...]

Indonesia’s Subianto Challenges Election Agency Ahead of Presidential Results

Indonesian presidential contender Prabowo Subianto filed a complaint against an elections agency on Monday, a step in what’s expected to be a broader legal challenge to the July 9 election. The complaint concerns more than 200,000 ballots cast in Jakarta and would have no direct bearing on the contest that the capital’s governor, Joko Widodo, [...]

In Indonesia’s Battle With Bootleg Goods, a Very Genuine Economic Toll

To buy counterfeit software, one can take a quick taxi ride to one of a number of small malls in Jakarta. The same goes for other fake products such as purses, clothes and shoes. This year alone, Indonesia is projected to lose up to Rp 65.1 trillion ($5.6 billion) in potential sales to counterfeit goods, [...]

Singapore

Japanese golf course owner set to be biggest Singapore IPO so far this year

A business trust that owns golf courses in Japan could become the biggest listing on the Singapore Exchange (SGX) so far this year. Accordia Golf Trust is seeking to raise as much as $782 million through its initial public offering (IPO). It is offering about 782 million units in total, at between 97 cents and [...]

Monetary Authority of Singapore wants to broaden oversight to more investments

The Monetary Authority of Singapore is proposing new rules that will extend the arm of the law over esoteric investment products, such as landbanking and precious metal buy-back schemes, that are currently beyond its regulatory ambit. In a paper released on Monday, the MAS said that such schemes are often deliberately structured so that they [...]

Singapore crowdfunding site officially launches with 11 projects

Singapore telco StarHub has officially launched its crowdfunding site with 11 projects from across Asia, including assistive technology and what is touted to be the world’s first mechanical smartwatch hybrid. First announced as a beta launch in April, the Crowdtivate fundraising platform is now open to the general public and offers mentorship and consultancy to [...]

Thailand

Thailand: Two Months Under Military Rule

Thailand: Two Months Under Military Rule

The Thai military junta should immediately revoke rights-abusing martial law powers, end censorship, and stop persecuting dissidents and critics, Human Rights Watch said today. The junta should urgently restore democratic, civilian rule. After seizing power in a coup on May 22, 2014, the Thai military created the National Council for Peace and Order (NCPO), consisting [...]

Thailand eyes 1.05 million tourists from India in 2014

Tourism Authority of Thailand is targeting 1.05 million tourists from India this year as it undertakes new initiatives to promote the country as a favourite destination. “We expect 1.05 million tourists from India to visit Thailand this year. In 2013, over 1 million tourists had visited the country,” Tourism Authority of Thailand (TAT) New Delhi [...]

Thailand introduces tough new overstay rules

Thailand’s immigration crackdown continued today with authorities confirming that tough new rules on foreigners overstaying their visa or entry permit have now been put in place. Anyone overstaying their allowed time in the Kingdom by more than 90 days will be forbidden from re-entering the country for at least one year. However, a proposed lifetime [...]

Philippines

Phl on alert as typhoon Henry approaches

The northern part of the country is on blue alert status as Typhoon Matmo (local name Henry) remains in the Philippine Area of Responsibility, Presidential spokesperson Edwin Lacierda said today. Under the blue alert status, half of the personnel of all regional and municipal disaster risk reduction management offices, regional civil defense offices, and other [...]

Ayannah Raises $1M To Serve The Philippines’ Rapidly Growing Remittance Market

Ayannah, a digital payments startup based in the Philippines, has raised $1 million in new funding from Japanese venture capital firms IMJ Investment Partners and Beenos, the investment vehicle of Teruhide Sato, president and group CEO of netprice.com. Returning investors led by Siemer Ventures and Golden Gate Ventures also participated in the round. This brings [...]

Singaporean woman arrested in Philippines for suspected human trafficking

Philippine authorities are holding Singaporean Yvonne Phua, whom they suspect to be an illegal recruiter. She was arrested during a raid on an alleged human trafficking den in Manila. Speaking to Channel NewsAsia, Ms Phua, 55, says she is innocent of the charges filed against her. The Philippine authorities arrested her and 13 Filipinos for [...]

Japan

Japanese golf course owner set to be biggest Singapore IPO so far this year

A business trust that owns golf courses in Japan could become the biggest listing on the Singapore Exchange (SGX) so far this year. Accordia Golf Trust is seeking to raise as much as $782 million through its initial public offering (IPO). It is offering about 782 million units in total, at between 97 cents and [...]

RPT-Fitch Affirms Japan’s Shizuoka Bank at ‘A’; Suruga Bank at ‘A-’

Fitch Ratings has affirmed Japan-based Shizuoka Bank, Ltd’s (Shizuoka) and Suruga Bank Ltd’s (Suruga) Long-Term Issuer Default Ratings (IDR) at ‘A’ and ‘A-’, respectively. The Outlooks are Stable. A full list of the rating actions is provided at the end of this rating action commentary. KEY RATING DRIVERS – VIABILITY RATING (VR) AND IDRs The [...]

China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan

The latest food scandal in China is spreading fast, dragging in US coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald’s products as far away as Japan. McDonald’s Corp and KFC’s parent Yum Brands Inc apologised to Chinese customers on Monday after it emerged that Shanghai Husi Food Co Ltd, a [...]

Korea

S. Korea police find body believed to be fugitive ferry tycoon

S. Korea police find body believed to be fugitive ferry tycoon

South Korean police said Tuesday they had found what they believed was the body of a fugitive business tycoon wanted over April’s Sewol ferry disaster that claimed around 300 lives. If confirmed, the discovery will end a massive, months-long manhunt for billionaire Yoo Byung-Eun, the 73-year-old patriarch whose family owns the Seowl ferry operator, Chonghaejin [...]

Korea Edges Toward Rate Cut

The Bank of Korea is gearing up to cut its benchmark interest rates and may move as soon as next month, say economists, due to signs economic growth is slowing. The nation’s new finance minister, Choi Kyung-hwan, recently made the case for a rate cut in Parliament. Second quarter gross domestic product, due Thursday, is [...]

N Korea to build underwater hotel in East Coast city of Wonsan

North Korea announces major plan to renovate Wonsan beach area North Korean authorities have announced an expansive development project for the east coast city of Wonsan that will include the construction of an underwater hotel, a Pyongyang Times article said last Tuesday. The ambitious plan, which focuses on the construction and development of infrastructure and [...]

Hong Kong

HK gets smart on mobility

Welcome to Urban Visions and our look at tomorrow’s energy challenges. We are in Hong Kong, one of the world’s most densely populated cities. This is a place that has had to be innovative when it comes to moving people around. To highlight an example of this creativity, Euronews’ Seamus Kearney took a ride on [...]

High rents in HK make it tough for restaurants to survive

Soaring rents and increasing labour costs are putting a well-known restaurant out of business, while a second is planning to close for renovation to attract more customers. The Press Room bar and restaurant on Hollywood Road will close on Friday after eight years of operation. Its owner, the Press Room Group, said yesterday that “due [...]

Chinese Journalist Fired Over Work for HK Website

A prominent Chinese journalist has been dismissed for writing for a Hong Kong website- the first case of its kind made public after the Chinese government warned journalists earlier this month not to cooperate with overseas news agencies. The journalist, Song Zhibiao, was forced to terminate his contract on Friday with China Fortune, a monthly [...]

Taiwan

Philippines raises storm alert level as Matmo churns toward Taiwan

The Philippines raised storm alert levels on Tuesday as Typhoon Matmo threatened to drench the extreme north of the main island of Luzon with heavy rain as it churned toward Taiwan and mainland China. Packing sustained winds of 130 kph (80 mph) and gusts of up to 160 kph, Matmo was moving at 24 kph [...]

CebuPac flights canceled due to bad weather in Taiwan

At least two flights between Manila and Taiwan were canceled Tuesday due to bad weather in Taipei, the Department of Transportation and Communications said. The DOTC said both flights belonged to budget carrier Cebu Pacific. They included: 5J-310: Manila to Taipei 5J-311: Taipei to Manila Taiwan’s Central News Agency reported the Central Weather Bureau had [...]

CAL launches Cloud Gate-themed Airbus

An Airbus A330-300 passenger jet painted with images of Cloud Gate Dance Theatre of Taiwan was unveiled July 21 by operator China Airlines Co. Ltd at Taiwan Taoyuan International Airport. “As one of Taiwan’s leading carriers, we are committed to enhancing the global profile of Taiwan culture through such undertakings,” CAL Chair Sun Huang-hsiang said. [...]

Vietnam

Hanoi’s CPI in July rises 0.18pct month on month

The Hanoi Statistics Office has lately announced the capital city’s consumer price index (CPI) in July with a month on month increase of 0.18 percent and a year-on-year rise of 6.39 percent. Thus, the average CPI in Jan-July surged 1.34 percent against the same period last year. During the month, as many as 10 of [...]

Vietnam, Venezuela localities boost economic cooperation

A HCM City business delegation recently paid a five-day visit to Venezuela, where they sought cooperation opportunities and shared experience in urban development and management. During their stay, they attended a July 17 gathering more than 40 Venezuela businesses operating in a variety of sectors including garment, construction, the environment, tourism, and food. At the [...]

Vietnam fetches more than $1b from apparel product export in first half of Jul

Vietnam’s apparel product export in the first half of July reaped $1.02 billion, marking the single item earning export turnover of over $1 billion in the period, general Department of Vietnam Customs reported. Cumulatively since early this year till the middle of July, the country’s export of apparel products earned $10.38 billion, ranking as the [...]