• Philippine troops pull ‘greatest escape’ in Golan

    Philippine troops pull ‘greatest escape’ in Golan

    Under cover of darkness, 40 Filipino peacekeepers escaped their besieged outpost in the Golan Heights after a seven-hour gunbattle with Syrian rebels, Philippine officials said Sunday. Al-Qaida-linked insurgents still hold captive 45 Fijian troops. The getaway, combined with the departure of another entrapped group of Filipino troops, marked a major step forward in a crisis [...]

    02-Sep-2014 Intellasia | AP | 6:00 AM
  • Police, protesters clash in Pakistani capital

    Police, protesters clash in Pakistani capital

    Anti-government protesters armed with slingshots and hammers clashed repeatedly with police Sunday in the Pakistani capital, and the powerful military cautioned the prime minister against further use of force in the crisis that has triggered the biggest challenge yet to his authority. At least three people were killed and nearly 400 admitted to hospitals in [...]

    02-Sep-2014 Intellasia | AP | 6:00 AM
  • Pakistan army calls on government, protesters to end crisis

    Pakistan army calls on government, protesters to end crisis

    Pakistan’s powerful army called on the government and protesters to resolve their differences peacefully Sunday night but ominously warned it was “committed to playing its part in ensuring security of the state”, after clashes left three dead. The meeting of top generals, brought forward a day, came after violence broke out Saturday night when thousands [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • Australia to join multinational weapons drop into Iraq

    Australia to join multinational weapons drop into Iraq

    Australia will drop military equipment and aid to Kurdish forces fighting Islamic State militants in northern Iraq in response to a request from the United States, prime minister Tony Abbott said on Sunday. Australia will join Canada, Italy, France, Britain and the United States in providing arms and humanitarian relief as part of a multinational [...]

    02-Sep-2014 Intellasia | Reuters | 6:00 AM
  • Thai PM stacks cabinet with soldiers

    Thai PM stacks cabinet with soldiers

    Thailand’s coup leader and newly appointed premier Prayut Chan-O-Cha on Sunday received royal endorsement for a cabinet stacked with soldiers, as the military extended its reach into the kingdom’s politics. Nearly a third of the 32-strong cabinet are senior military officers. Among them are Prayut’s close allies and key players in the recent years of [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • China: No open nominations for HK leader

    China: No open nominations for HK leader

    China’s legislature on Sunday ruled out allowing open nominations in the inaugural election for Hong Kong’s leader, saying they would create a “chaotic society.” Democracy activists in the Asian financial hub responded by saying that a long-threatened mass occupation of the heart of the city “will definitely happen.” In setting tight limits on how far [...]

    02-Sep-2014 Intellasia | AP | 6:00 AM
  • Japan holds nationwide disaster drill

    Japan holds nationwide disaster drill

    About 2.35 million people took part in a government disaster drill in Japan on Monday, hoping to prevent a catastrophe when the quake-prone country is hit by another natural disaster. Dry runs of evacuations, rescue operations and fire fighting were carried out across the nation to simulate an emergency response to an imaginary quake with [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • Top Chinese official heckled by HK protesters

    Top Chinese official heckled by HK protesters

    Hong Kong activists launched their fightback Monday against Beijing’s landmark decision to limit voting reforms, heckling a senior Chinese official in angry scenes after hopes for full democracy were crushed. Li Fei, a member of the top committee of China’s rubber stamp parliament, was forced to speak over the cries of pro-democracy lawmakers and protesters [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • India, Japan PMs’ summit to build on warming relations

    India, Japan PMs’ summit to build on warming relations

    Conservative soulmates Narendra Modi and Shinzo Abe will hold formal talks in Tokyo Monday to cement a blossoming relationship between India and Japan, on a visit that began with a bear hug and a tour of Kyoto. Modi, who is hoping his market-focused policies will give a boost to India’s floundering economy, could walk away [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • Japan confirms more dengue infections: officials

    Japan confirms more dengue infections: officials

    An outbreak of dengue fever in Japan – the first since World War II – could have affected up to 20 people, media reported Monday, as officials confirmed three more cases. The new cases, who are in their teens or 20s, are all believed to have visited Tokyo’s Yoyogi Park, one of the major green [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • Taiwan to spend $2.5 billion on anti-missile systems

    Taiwan to spend $2.5 billion on anti-missile systems

    Taiwan plans to spend Tw$74.8 billion ($2.5 billion) in the next nine years to acquire anti-missile systems to boost its aerial defences against China, a lawmaker and media said Saturday. The defence ministry aims to purchase the locally-made Tien Kung 3 (Sky Bow 3) surface-to-air missile system between 2015 and 2024 to replace the ageing [...]

    02-Sep-2014 Intellasia | AFP | 6:00 AM
  • N. Korea test-fires suspected missile into sea

    N. Korea test-fires suspected missile into sea

    North Korea test-fired what appeared to be a short-range missile into the sea off its east coast Monday in the latest of a series of missile and rocket tests, military officials said. It was launched at 10:30 am (0130 GMT) from a site northeast of Pyongyang towards the Sea of Japan (East Sea) and flew [...]

    01-Sep-2014 Intellasia | AFP | 1:59 PM

Society

Japan confirms more dengue infections: officials

Japan confirms more dengue infections: officials

An outbreak of dengue fever in Japan – the first since World War II – could have affected up to 20 people, media reported Monday, as officials confirmed three more cases. The new cases, who are in their teens or 20s, are all believed to have visited Tokyo’s Yoyogi Park, one of the major green [...]

China Plans a Market for Carbon Permits

China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what will be the world’s biggest emissions trading programme. The nation accounts for nearly 30 percent of global greenhouse gas emissions, and it plans to use the [...]

Thailand totters towards waste crisis

A blaze at a vast rubbish dump home to six million tonnes of putrefying trash and toxic effluent has kindled fears that poor planning and lax law enforcement are tipping Thailand towards a waste crisis. Locals had long pressed for the closure of the foul-smelling Praeksa landfill site, which is wedged between a cluster of [...]

Health

Japan confirms more dengue infections: officials

Japan confirms more dengue infections: officials

An outbreak of dengue fever in Japan – the first since World War II – could have affected up to 20 people, media reported Monday, as officials confirmed three more cases. The new cases, who are in their teens or 20s, are all believed to have visited Tokyo’s Yoyogi Park, one of the major green [...]

China Plans a Market for Carbon Permits

China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what will be the world’s biggest emissions trading programme. The nation accounts for nearly 30 percent of global greenhouse gas emissions, and it plans to use the [...]

Thailand totters towards waste crisis

A blaze at a vast rubbish dump home to six million tonnes of putrefying trash and toxic effluent has kindled fears that poor planning and lax law enforcement are tipping Thailand towards a waste crisis. Locals had long pressed for the closure of the foul-smelling Praeksa landfill site, which is wedged between a cluster of [...]

FinanceAsia

Deloitte Business Consulting Partners With Appian

Appian today announced its partnership with Deloitte Business Consulting to enable customers with the combination of Appian’s industry-leading business process management (BPM) and Case Managementsoftware with Deloitte’s multi-disciplinary business consulting expertise. Appian’s modern Work Platform enables organizations to integrate and optimize IT systems, data, processes and people for smarter business decisions and faster business action. [...]

Asia stocks rise on S&P high, China stimulus hopes

Asian stock markets rose Monday, lifted by another record high on Wall Street and expectations of stimulus in China after its manufacturing growth slowed. Investors looked ahead to this week’s US employment figures and a meeting of Europe’s central bank for signs of stimulus steps. KEEPING SCORE: China’s Shanghai Composite Index rose 0.5 percent to [...]

Asia Private Equity Weekly News, September 1, 2014

News and developments in Asia private equity from Reuters News for the week ending August 29. Related Stories Asia Private Equity Weekly News, August 25, 2014 Reuters Carlyle in talks to acquire Vanke’s China commercial properties Reuters China Huarong says Goldman, Warburg, others to buy $2.4 billion stake Reuters Japan’s Skylark to offer up to [...]

Regional

2 more charged for Indian man’s murder in Singapore

Two more persons, believed to be Indian nationals, have been charged in connection with murder of a 26-year-old Indian man in Singapore last week. Karthikeyan Prabakaran, 27, and Chellappan Sankar, 28, allegedly murdered Murugaiya Suresh Kumar, who worked here as a technician in a private company, on the night of August 23,local media quoted police [...]

In Japan, PM Modi Discusses Sickle Cell Treatment with Nobel Prize Winner

Japan today agreed to work with India in inventing treatment to Sickle Cell Anaemia disease after prime minister Narendra Modi sought help for finding remedy to the deadly disease commonly found among tribals in India. Modi, who has been keenly looking for a remedy to the disease since his days as Chief minister of Gujarat, [...]

India-Japan to work on Sickle Cell Anaemia remedy

India-Japan to work on Sickle Cell Anaemia remedy

Japan today agreed to work with India in developing a treatment for the Sickle Cell Anaemia after prime minister Narendra Modi sought help for finding remedy to the deadly disease commonly found among tribals in India. Modi, who has been keenly looking for a remedy to the disease since his days as Chief minister of [...]

China

HK pro-democracy activists heckle China official day after vote ruling

Hong Kong pro-democracy activists heckled a senior Chinese official on Monday, shouting slogans and forcing him to temporarily abandon a speech explaining Beijing’s decision to rule out a fully democratic election in 2017. Li Fei, deputy secretary general of China’s National People’s Congress (NPC) Standing Committee, was speaking a day after Beijing rejected demands by [...]

Tantrums, concubines, hotpot burns and smog: China insurers have it covered

Your child throws a tantrum and smashes something? Take out “naughty child insurance”. Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of the soccer World Cup, burning your tongue eating hotpot or if smog ruins your holiday. Quirky, maybe, but China’s insurers are turning to ever more [...]

Alibaba aims to launch share sale in early September: source

Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of September 8, a person briefed on the matter told Reuters on Saturday. The much-anticipated sale or initial public offering (IPO) could raise more than $20 billion, making it the biggest technology listing in the [...]

Malaysia

Malaysia monitoring would-be militants heading for Mid-East

Malaysia’s Home Ministry is working with Interpol and other intelligence agencies to monitor Malaysians who use other countries, including Singapore, as transit points to Iraq and Syria, where they join extremist groups, its minister Ahmad Zahid Hamidi has said. Suspected militants are using Indonesia and Thailand as well as Singapore to get to the Middle [...]

Bursa Malaysia joins Maybank Kim Eng in Invest Malaysia London

Bursa Malaysia Bhd in part nership with Maybank Kim Eng will host Invest Malaysia London from September 1-2, showcasing a line-up of multinational companies listed on the bourse. In a joint-statement on Friday, Bursa Malaysia and Maybank Kim Eng said almost 120 one-on-one meeting requests have been filled where United Kingdom-based fund managers will meet [...]

Campaign seeks to capture love for Malaysia

CELCOM Axiata Berhad is joining the nation to showcase its love for Malaysia via its Merdeka celebration campaign. Celcom encourages Malaysians to snap pictures of their favourite local food, place, people, phrase or pastime and share it with #mycinta on social media through its campaign, My country, My Territory, Its chief executive officer Datuk Seri [...]

Indonesia

Abbott should ask Indonesia and Malaysia for help in Iraq

Abbott should ask Indonesia and Malaysia for help in Iraq

Tony Abbott is eager – and just as importantly, wants to be seen to be eager – to lend Australia’s military muscle to US operations against Islamists in Iraq. But the humble telephone might make an even more valuable contribution to America’s efforts than sending Australian transport planes, or even fighter jets. Abbott should be [...]

Courts eyes as many as 12 stores in Indonesia

PT Courts Retail Indonesia, a subsidiary of Singapore retailer Courts Asia, is looking to build up to 12 megastores in Indonesia over the next five years. “We have set a schedule to build 10 to 12 megastores over the next five years, but only three or four of them will be established as ‘big-boxes’. The [...]

Indonesia HSBC manufacturing PMI shows contraction

HSBC’s Indonesia manufacturing Purchasing managers Index for August fell 49.5 compared with highs of 52.7 recorded in June and July, HSBC said Monday. “The deterioration in manufacturing-sector conditions in August is surprising particularly in light of how strong the PMI had been in the prior three months,” HSCB economist Su Sian Lim said. A reading [...]

Singapore

Play a part in assimilating: PM Lee, Khaw to new Singapore citizens

Join community activities and reach out to others who have newly arrived in Singapore, said prime minister Lee Hsien Loong and National Development minister Khaw Boon Wan to new citizens on Saturday. Speaking at separate national citizenship ceremonies held on Saturday morning and afternoon, both encouraged the newly-minted citizens to serve the community with other [...]

Singapore’s third Green Building Masterplan launched

The masterplan will place greater emphasis on encouraging tenants and occupants to adopt green practices. National Development minister Khaw Boon Wan on Monday (Sep 1) launched the third Green Building masterplan to guide Singapore’s green building journey over the next five to 10 years. The masterplan, developed by the Building and Construction Authority (BCA), was [...]

Singapore riding the water industry wave

It is easy to take fresh water for granted but the sheer necessity of it is underpinning a fast-growing industry in Singapore with increasing numbers of organisations setting up shop here. The number of water-related companies has tripled since 2006 to around 150 water companies while 26 research centres have been established. The industry itself [...]

Thailand

Thai ruler Prayuth gives top cabinet posts to junta inner circle POSTED ONLINE

Military ruler general Prayuth Chan-ocha has named an interim cabinet dominated by members of the security forces to govern Thailand through at least a year of political reforms before he permits an election. Prayuth was widely expected to hand the top portfolios to the military as he chooses a government from the small circle that [...]

British activist braces for controversial defamation trial

A British activist will go on trial tomorrow in Bangkok for defamation, facing a possible jail term after his investigation into alleged labour abuses in the food industry. Andy Hall faces civil and criminal lawsuits submitted by local fruit processor Natural Fruit, a major supplier to the European drink market, in response to accusations of [...]

Thailand: 300,000 sign petitions to drop charges against Andy Hall

With the Natural Fruit v. Andy Hall criminal trial set to start tomorrow (September 2) in Bangkok, the number of signatures in petition campaigns to drop the charges has reached 300,000 and continues to rise. The campaigns come from Sumofus.org and the Walk Free Foundation, with petitioners joining two European buyer groups that have also [...]

Philippines

Philippine troops pull ‘greatest escape’ in Golan

Philippine troops pull ‘greatest escape’ in Golan

Under cover of darkness, 40 Filipino peacekeepers escaped their besieged outpost in the Golan Heights after a seven-hour gunbattle with Syrian rebels, Philippine officials said Sunday. Al-Qaida-linked insurgents still hold captive 45 Fijian troops. The getaway, combined with the departure of another entrapped group of Filipino troops, marked a major step forward in a crisis [...]

32 Filipino peacekeepers evacuated, others under attack

32 Filipino peacekeepers evacuated, others under attack

Thirty-two Filipino United Nations peacekeepers have been evacuated after being caught up in heavy fighting on the Golan Heights while others remain under fire, the UN confirmed Saturday. The group was part of a 72-member contingent situated in two different locations in the area. Those remaining are currently still under fire, preventing them from being [...]

Fiji says no word on location of UN peacekeepers seized in Golan Heights

T he head of the Fijian army said on Sunday negotiations for the release of 44 soldiers abducted by an al Qaeda-linked group on the Syrian side of the Golan Heights were being pursued as the United Nations said it had no word on the troops whereabouts. The UN peacekeepers from Fiji were seized by [...]

Japan

Singapore favourites over Japan to win Super Rugby 18th franchise

SINGAPORE has emerged as the favourite to secure the 18th Super Rugby franchise when the southern hemisphere competition expands into Asia in 2016. It is understood New Zealand and South Africa are supporting Singapore’s bid, with Australia favouring Japan. Japan was always seen as the logical location for Super Rugby expansion into Asia. The leading [...]

It’s Not Just Hello Kitty: Japan’s Character Craze

Hello Kitty, whom many learned last week is a girl and not a cat, may be the queen of Japan’s cute characters, but she’s hardly the only one. There are thousands, and they are ubiquitous: Long-time favourite Doraemon (who really is a cat) has a daily quiz in a national newspaper. Little monster Pikachu hosted [...]

India-Japan to work on Sickle Cell Anaemia remedy

Japan today agreed to work with India in developing a treatment for the Sickle Cell Anaemia after prime minister Narendra Modi sought help for finding remedy to the deadly disease commonly found among tribals in India. Modi, who has been keenly looking for a remedy to the disease since his days as Chief minister of [...]

Korea

‘Japan’s collective self-defense won’t lead to military action in Korea’

Japan’s strengthened defense capabilities will not lead to an unauthorised military landing in South Korea, a Japanese foreign ministry official said, addressing neighbouring countries’ concerns over his country’s recent rearmament moves. After years of preparations, Japan’s Cabinet approved on July 1 a reinterpretation of the country’s constitution to increase the role of its armed forces, [...]

A flavor out of favour: Dog meat fades in S. Korea

For more than 30 years, chef and restaurant owner Oh Keum-il built her expertise in cooking one traditional South Korean delicacy: dog meat. In her twenties, Oh traveled around South Korea to learn dog meat recipes from each region. During a period of South Korean reconciliation with North Korea early last decade, she went to [...]

Forget Sanctions: 3 Things Ailing N Korea

With little progress made on the denuclearisation of North Korea since the failed Agreed Framework two decades ago, Washington’s approach to Pyongyang is largely defined by the number of sanctions imposed on the country and, in particular, its leaders. However, according to a Daily NK interview with Dr John Park, an expert on North Korean [...]

Hong Kong

China rules out open HK chief executive poll

China rules out open HK chief executive poll

Chinese authorities have ruled out open nominations for elections to choose Hong Kong’s leader. Authorities said two to three candidates will be nominated by a “broadly representative” committee. The decision is expected to limit the selection of candidates to pro-Beijing figures. The pro-democracy Occupy Central movement says it will launch a sit-in in the city’s [...]

Qantas moves closer to HK Jetstar remedy

Qantas Airways has tweaked the structure of its troubled Jetstar Hong Kong venture with local partner Shun Tak Holdings, in a bid to better demonstrate that control of the business resides in Hong Kong, and speed up the launch of the airline. In its annual accounts released last week, Qantas said its ownership interest in [...]

What Macau’s ‘election’ says about the future of HK

After months of pro-democracy protests, including over the weekend, China finally has unveiled the framework for Hong Kong’s 2017 election of its chief executive. On the subject of universal suffrage, the people of Hong Kong “put forward various views and suggestions,” the Standing Committee of National People’s Congress said. They were summarily ignored. China will [...]

Taiwan

Taiwan committed to developing renewable energy: President Ma

President Ma Ying-jeou reiterated Sunday that Taiwan remains committed to the development of renewable energy and will continue pursuing new energy resources. “This is an era when people should not give up any energy options,” Ma said, speaking before the national conference of the annual Youth Policy Forum held by the Ministry of Education. “Taiwan [...]

Taiwan ‘regrets’ China’s decision on HK leader

Taiwan’s China policy planner expressed regret Sunday that candidates for the next leader of Hong Kong must be screened before they are eligible to run in the special administrative region’s first popular election in 2017. The Mainland Affairs Council expressed disappointment in the decision from China’s National People’s Congress (NPC), which the council said did [...]

Taiwan Market Draws Flat Lead On Monday

The Taiwan stock market has tracked lower now in two straight sessions, giving away almost 50 points or 0.5 percent along the way. The Taiwan Stock Exchange settled just above the 9,435-point plateau, and the market figures to be rangebound on Monday. The global forecast for the Asian markets remains murky thanks to ongoing geopolitical [...]

Vietnam

Made-in Vietnam bags receive many large orders

As per the Vietnam Leather and Footwear Association (Lefaso), within the past three months, many importers have sought for opportunities to invest and expand footwear orders especially bags and umbrellas in Vietnam. In Jan-Aug, exports of the bags had a strong growth rate, reaching about $1.8 billion, up nearly 40 percent year-on-year. Over the last [...]

Businesses sue state agencies for incompetence, harassment

More and more lawsuits, in which businesses are the plaintiffs and state management agencies the defendants, have been occurring in Vietnam. According to an official of the HCM City Enterprise Association, many Vietnamese enterprises have become “brave” enough to legal proceedings against state management agencies in cases of incompetence and harassment. In July, for example, [...]

International community supports agricultural restructuring

Minister of Agriculture and Rural Development Cao Duc Phat on August 29 called for the support of international donors in creating a new momentum for rural development and restructuring the agricultural economy. Lan Huong, a representative from the UN Food and Agriculture Organisation (FAO) in Vietnam, said the FAO considers improving the income of farmers [...]