• N Korea Orders Military Takeover of Inter-Korean Factories

    N Korea Orders Military Takeover of Inter-Korean Factories

    North Korea has ordered a military takeover of a factory park that had been the last major symbol of cooperation with South Korea. North Korea on Thursday ordered a military takeover of a factory park that had been the last major symbol of cooperation with South Korea, calling Seoul’s earlier suspension of operations at the [...]

    13-Feb-2016 Intellasia | US News | 6:00 AM
  • US and India consider joint patrols in South China Sea: US Defence Official

    US and India consider joint patrols in South China Sea: US Defence Official

    The United States and India have held talks about conducting joint naval patrols that a US defence official said could include the disputed South China Sea, a move that would likely anger Beijing, which claims most of the waterway. Washington wants its regional allies and other Asian nations to take a more united stance against [...]

    13-Feb-2016 Intellasia | Reuters | 6:00 AM
  • Taiwan Quake Leaves 67 Dead, 57 Still Missing

    Taiwan Quake Leaves 67 Dead, 57 Still Missing

    The death toll from Saturday’s earthquake in Taiwan stands at 67 people, with 57 others still missing and presumed trapped under the rubble of a collapsed residential building, Taiwan’s Ministry of Interior said today. Rescue teams worked around the clock to find survivors, but rescuers now say the chances of finding anyone else alive are [...]

    13-Feb-2016 Intellasia | ENS | 6:00 AM
  • Taiwan city looks at developer’s other buildings after quake collapse

    Taiwan city looks at developer’s other buildings after quake collapse

    When an earthquake struck the Taiwanese city of Tainan in the early hours of Saturday morning, Wu Hsiu-chi’s unit in the seven-storey Wei-guan Dragon Door World Family Building shook hard, but survived with little damage. When an earthquake struck the Taiwanese city of Tainan in the early hours of Saturday morning, Wu Hsiu-chi’s unit in [...]

    13-Feb-2016 Intellasia | Reuters | 6:00 AM
  • Korea cuts off power, water into Kaesong zone in N Korea

    Korea cuts off power, water into Kaesong zone in N Korea

    South Korea will begin talks with Washington as early as next week on deploying an advanced US missile defense system following North Korea’s rocket launch, an official said on Friday, as Seoul cut power to a factory park run jointly with the North. The discussions would focus on placing one Terminal High Altitude Area Defence [...]

    13-Feb-2016 Intellasia | Reuters | 6:00 AM
  • No ‘reason to doubt’ N. Korean army chief executed: US

    No ‘reason to doubt’ N. Korean army chief executed: US

    There is “no reason to doubt” that North Korea’s army chief of staff was executed, a US State Department official said Thursday following reports of the death. “This is, again, par for the course in North Korea, that you’ve got a leader who carries out purges of his cabinet, or of his administration periodically,” State [...]

    13-Feb-2016 Intellasia | AFP | 6:00 AM
  • China warns on South China Sea as US, India consider patrols

    China warns on South China Sea as US, India consider patrols

    China on Thursday responded to a Reuters report that the US and India are discussing joint naval patrols in the disputed South China Sea, warning that interference from countries outside the region threatens peace and stability. “No cooperation between any countries should be directed at a third party,” Chinese Foreign Ministry spokesman Hong Lei said [...]

    13-Feb-2016 Intellasia | Reuters | 6:00 AM
  • US to expand war drills in S. China Sea

    US to expand war drills in S. China Sea

    The chief of the US forces in the Pacific on Wednesday defended US freedom of navigation operations in the disputed South China Sea, saying these are aimed at reducing tensions in the region. Speaking to visiting journalists from Southeast Asia ahead of the special summit of the 10 Southeast Asian leaders, including President Aquino, with [...]

    13-Feb-2016 Intellasia | Inquirer | 6:00 AM
  • Thailand to Supply Russia With Food in Exchange for Military Equipment

    Thailand to Supply Russia With Food in Exchange for Military Equipment

    Thailand is due to supply Russia with agricultural products and food in exchange for military and engineering equipment, Thai deputy prime minister and Defense minister Gen. Prawit Wongsuwan said Thursday.On Wednesday, the Russian-Thai working group on security issues held a meeting in Bangkok. The same day, Secretary of the Russian Security Council Nikolai Patrushev discussed [...]

    13-Feb-2016 Intellasia | Sputnik News | 6:00 AM
  • Najib, Obama to address US-Asean Leaders’ Summit

    Najib, Obama to address US-Asean Leaders’ Summit

    Prime minister Datuk Seri Najib Razak has been accorded the honour to address the US-Asean Leaders’ Summit in Sunnylands, California, during the opening ceremony on Monday (Tuesday in Malaysia). Malaysian Ambassador to the United States Datuk Dr Awang Adek Hussin said today that Kuala Lumpur was given the honour due to its role as the [...]

    13-Feb-2016 Intellasia | Bernama | 6:00 AM
  • Dozens face riot charges over HK Lunar New Year violence

    Dozens face riot charges over HK Lunar New Year violence

    Dozens of people in Hong Kong were charged on Thursday with taking part in a riot after a dispute between vendors and police on the first day of the Lunar New Year holiday blew up into city’s worst violence since pro-democracy protests in 2014. Sixty-four people have been arrested in connection with the Monday night [...]

    13-Feb-2016 Intellasia | Reuters | 6:00 AM
  • US Army not looking to build new bases in Singapore, spokesperson clarifies

    US Army not looking to build new bases in Singapore, spokesperson clarifies

    Comments made to Asean reporters were “premature”, and were given by an officer who did not speak on behalf of the United States Army’s Pacific Command, says the US Army’s director of Public Affairs in the Pacific. The United States Army has not been in discussions with Singapore on the possibility of building a logistics [...]

    13-Feb-2016 Intellasia | CNA | 6:00 AM

Society

India, Singapore scientists race to make Zika test kit, but lack of live sample a challenge

Scientists in Asia are racing to put together detection kits for the Zika virus, with China on Thursday confirming its first case, but the researchers are challenged by the lack of a crucial element – a live sample of the virus. Zika, suspected of causing brain defects in more than 4,000 newborns in Brazil after [...]

China confirms first imported Zika case – Xinhua

China has confirmed its first case of imported Zika virus, the country’s state news agency Xinhua reported. The Zika virus was detected in a 34-year-old man from Ganxian county of Jiangxi province, Xinhua said, citing China’s National Health and Family Planning Commission. The man was recovering with normal body temperature and fading rash, Xinhua said. [...]

China’s first Zika case travelled through HK: report

China confirmed its first imported case of Zika late on Tuesday, the state-run news agency Xinhua reported, as fears mount over the fast-spreading virus that has been linked to severe birth defects mostly in Latin America. Few cases of the mosquito-borne illness have been reported in Asia, but the World Health Organization has declared a [...]

Health

India, Singapore scientists race to make Zika test kit, but lack of live sample a challenge

Scientists in Asia are racing to put together detection kits for the Zika virus, with China on Thursday confirming its first case, but the researchers are challenged by the lack of a crucial element – a live sample of the virus. Zika, suspected of causing brain defects in more than 4,000 newborns in Brazil after [...]

China confirms first imported Zika case – Xinhua

China has confirmed its first case of imported Zika virus, the country’s state news agency Xinhua reported. The Zika virus was detected in a 34-year-old man from Ganxian county of Jiangxi province, Xinhua said, citing China’s National Health and Family Planning Commission. The man was recovering with normal body temperature and fading rash, Xinhua said. [...]

China’s first Zika case travelled through HK: report

China confirmed its first imported case of Zika late on Tuesday, the state-run news agency Xinhua reported, as fears mount over the fast-spreading virus that has been linked to severe birth defects mostly in Latin America. Few cases of the mosquito-borne illness have been reported in Asia, but the World Health Organization has declared a [...]

FinanceAsia

Asian Stocks Extend World Rout Amid Rising Yen While Oil Rallies

The global equity bear market deepened in Asian trading, with Japanese stocks headed for their worst week since 2008 amid anxiety over central banks’ ability to revive the world economy. US crude rose from a 12-year low. The Topix index slumped 4.1 percent in Tokyo as traders returned from holiday, pushing the regional Asian benchmark [...]

GLOBAL MARKETS-Asia stocks subdued, safe-haven bonds still rule

Fresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and top-rated bonds while dumping US dollars on bets the Federal Reserve could be done raising interest rates. Even the absence of Tokyo for a holiday could not stop the dollar from hitting a 15-month low on the [...]

Asia stocks drop as bank concerns smoulder, yen stands tall

Asian stocks fell on Wednesday on growing concerns about the health of the world’s banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15-month high versus the dollar. Spreadbetters expected the pessimism to carry over into Europe, forecasting a slightly lower open for Britain’s FTSE.FTSE, Germany’s DAX.GDAXI [...]

Regional

In Burma, slum eviction highlights Suu Kyi’s military challenge

Days before democracy champion Aung San Suu Kyi led her lawmakers into parliament as Myanmar’s government-in-waiting, Ei Than watched bulldozers sent by the military destroy her house in a slum on the outskirts of Yangon. Ei Than was one of around 2,500 people thrown off military-owned land at Mingaladon in a mass eviction that gives [...]

Five killed in military plane crash

A military plane crashed in Nay Pyi Taw yesterday morning, killing all five passengers onboard. The Beechcraft passenger plane burst into flames and crashed shortly after taking off from Nay Pyi Taw’s Ayelar Airport on a test flight. The plane was eventually headed to Namhsan, Shan State, to assist with the aftermath of a fire [...]

13 banks vie for Burma banking licences

FROM SIX economies, 13 banks have applied for banking licences in the second round, according to an official from the Central Bank of Myanmar (CBM). The applicants are from Taiwan, South Korea, Vietnam, Cambodia, India and Mauritius. The official, who asked for anonymity, said Taiwan led with seven applicants including CTBC Bank, Mega International Commercial [...]

China

US SEC drops case against Chinese executive over Qihoo trades

The US Securities and Exchange Commission has dismissed its complaint against a Chinese online gaming executive whom it alleged had engaged in “suspicious” trading activity ahead of a $10 billion deal by US-listed China-based technology company. The SEC dropped its case against Haijian Luo, chief executive officer of 4399 Co Ltd, after it became apparent [...]

M&A: China’s world of debt

The warnings are clear for ChemChina. The company behind China Inc’s biggest outward investment bid will be hoping to avoid the unhappy experiences suffered by some of the country’s earlier trailblazers. The state-owned oil company Cnooc, for example, ran into problems after it paid a record $15bn in 2013 for Nexen, one of Canada’s largest [...]

China warns on South China Sea as US, India consider patrols

China warns on South China Sea as US, India consider patrols

China on Thursday responded to a Reuters report that the US and India are discussing joint naval patrols in the disputed South China Sea, warning that interference from countries outside the region threatens peace and stability. “No cooperation between any countries should be directed at a third party,” Chinese Foreign Ministry spokesman Hong Lei said [...]

Malaysia

‘Legalise Bangladeshi workers in Malaysia’

The government of Malaysia should focus on legalising the undocumented Bangladeshi workers who are already here instead of bringing in another 1.5 million, said a top official of Tenaganita, a Malaysian INGO that works towards protecting the rights of women and migrants. Tenaganita director Aegile Fernandes told The Star on Tuesday that documenting migrants here [...]

Malaysia’s Felda to re-attempt Indonesian deal with unlisted unit -sources

Malaysian state-owned conglomerate Felda will use an unlisted unit to buy into Indonesian tycoon Peter Sondakh’s debt-burdened Rajawali Group, sources familiar with the matter said, seeking to avoid heavy investor criticism that scuttled an attempted deal last year. Plans for Felda to buy 37 percent of palm oil plantation firm PT Eagle High Plantations Tbk [...]

Aegis plans to open third centre in Malaysia

Aegis, Essar Group’s Business Process Outsourcing (BPO) arm, is planning to set up its third centre in Malaysia with an investment of about $4-5 million, as an alternative destination to the Philippines. The new facility is expected to provide 600 jobs and together with its other two centres, Aegis would be providing employment to 5,000 [...]

Indonesia

Indonesia to Fortify Airports Countrywide After Deadly Attack

Indonesia is upgrading security at its 192 airports to guard against possible terrorist attacks, weeks after a deadly bombing and shooting assault by Islamic State militants in downtown Jakarta. Measures will include fences at all the country’s airports that comply with International Civilian Aviation Organisation standards, “first-class” baggage x-ray machines and retraining for security officers, [...]

Indonesia allows more foreign ownership in toll roads

Indonesian President Joko Widodo will allow greater foreign ownership in industries from toll roads to cinemas as he seeks to attract investment and create jobs after cutbacks by Ford Motor Co and Toshiba Corp. The government would let non-Indonesians hold 100 percent stakes in businesses and enterprises in industries including cold storage, pharmaceutical raw material [...]

Indonesia opens up 20 sectors to foreign investors

Among the sectors that now allow 100 per cent foreign ownership are warehousing and cold storage facilities. Indonesia has opened up 20 sectors that were previously closed off for foreign investors on the country’s negative investment list. Among the sectors that now allow 100 per cent foreign ownership are warehousing and cold storage facilities. “We [...]

Singapore

UOB chiefs roll up their sleeves for charity

In addition to UOB’s usual monetary donations, the bank’s industry chiefs also contributed their own time and energy in giving back to the community this year. On February 3, 60 volunteers comprising the UOB senior management team and local corporate chiefs prepared and distributed five thousand lunch boxes to beneficiaries over the course of six [...]

Singapore banks still hiring, bucking global firing trend

Top recruiting firms say the three local banks – DBS, UOB and OCBC – stand on strong fundamentals and are not expected to resort to the drastic staff reduction measures taken by many big global lenders. Good news for employees of Singapore’s three banks: The trio are still hiring to grow and fortify their operations, [...]

Singapore appeals for increase to Haj quota

In a letter conveyed by minister for Communications and Information Yaacob Ibrahim, prime minister Lee Hsien Loong requested for an increase in the Republic’s official Haj quota from 680 to 800 to match the growth of the local Muslim population. The Republic is appealing for an increase of its official Haj quota from 680 to [...]

Thailand

Canadian tourist found dead in Thailand hotel

Police in Thailand are investigating the death of a Canadian tourist in a hotel room. Police say the body of Michael Talbot, 28, was found at the Tropica Bungalow Resort on Phuket Island early Tuesday. Capt. Yingyong Chuoykij told the Phuket News that a friend of Talbot’s, identified only as Shannon, had called for help [...]

Devil in the details for Thailand’s rail deal with China

THIS is not the time for the government to be coy about what it wants in relation to joint development of the 873-kilometre medium-speed rail line in the Northeast. At the 10th Thai-China steering committee meeting scheduled for the end of this month in Beijing, Thailand should convince China to be responsible for at least [...]

Thailand, Russia plan terror, crime blitz

Thailand and Russia will boost efforts to crack down on transnational crime and terrorism, following the latest meetings between their top-ranking security officials. The plan, raised during talks between their top-ranking security officials. The plan, raised during talks between deputy prime minister Prawit Wongsuwon and Russian National Security Council chief Nikolai Patrushev at the Defence [...]

Philippines

Philippines’ push for peace with militants faces uncertainty

Uncertainty surrounds a proposed law in the Philippines which is expected to legitimise the peace agreement between rebels in Muslim-dominated Mindanao and the national government. The fate of the long-awaited Bangsamoro Basic Law (BBL) is facing an uncertain future. In the Philippines, the BBL is the cornerstone of a peace pact between the national government [...]

Peace postponed in the Philippines

The peace process in the Philippines has undergone a significant setback with the failure of Congress to approve a major bill strengthening the autonomy of the Bangsamoro region in Mindanao. How will this affect stability and security in the Philippines, and what are the consequences for investors? Despite the efforts of President Benigno Aquino, the [...]

Philippines expecting Hague ruling vs China by May

Outgoing Foreign Affairs Secretary Albert del Rosario on Wednesday said that the Philippines is expecting the final ruling of the Permanent Court of Arbitration on its case against China by May. In January 2014, the Philippines filed an arbitration case against China before the international tribunal in The Hague, Netherlands to invalidate the latter’s excessive [...]

Japan

Bank of Japan loses control as QE hits the limits

The Japanese yen has become the lightning rod of extreme stress in the global financial system, rocketing this week in violent moves that threaten to plunge Japan back into deep deflation and overwhelm the experiment of “Abenomics”. The currency has appreciated by 9pc against the US dollar since the Bank of Japan (BoJ) cut interest [...]

Japan’s Economic Roller Coaster Is Headed for Another DipJapan’s Economic Roller Coaster Is Headed for Another Dip

After three years of Abenomics and record monetary stimulus from the central bank, Japan’s economy still can’t escape a roller-coaster cycle of expansion and contraction. The next round will commence on February 15, when gross domestic product data for the fourth quarter are released. The forecast is pessimistic: that Japan’s economy shrank 0.7 percent on [...]

Japan and Colorado connect for business growth

Officials say recent TPP trade agreement plus a nonstop flight will spur economic investment in Colorado From the Colorado governor’s recent trip to Japan to Denver’s coup in landing Panasonic Corp., business relations between the state and the Asian nation are gaining momentum. Speakers at a luncheon Thursday tackled the topic of Japan’s new era [...]

Korea

Korea cuts off power, water into Kaesong zone in N Korea

Korea cuts off power, water into Kaesong zone in N Korea

South Korea will begin talks with Washington as early as next week on deploying an advanced US missile defense system following North Korea’s rocket launch, an official said on Friday, as Seoul cut power to a factory park run jointly with the North. The discussions would focus on placing one Terminal High Altitude Area Defence [...]

Donald Trump vows to make N Korean leader Kim Jong-un ‘disappear’ and says the ‘bad dude’ dictator will face a fate worse than assassination

Donald Trump has vowed to make North Korean dictator Kim Jong-un ‘disappear’ and said the tyrannical leader faces a fate worse than assassination. The Republican presidential hopeful told CBS This Morning that he would force China to get rid of Kim Jong-un, who he branded a ‘bad dude’. ‘I would get China to make that [...]

Russia, N Korea, terrorism… fear as currency of Western tyranny

For those with a weak heart it has been a testing week. Russian nuclear aggression, North Korea’s ballistic missiles, terrorists planning to attack the US and Europe. Please almighty, benevolent Washington – protect us! History has long shown that fear is the currency of rule by tyrants. Get the people to fear some external enemy [...]

Hong Kong

Dozens face riot charges over HK Lunar New Year violence

Dozens face riot charges over HK Lunar New Year violence

Dozens of people in Hong Kong were charged on Thursday with taking part in a riot after a dispute between vendors and police on the first day of the Lunar New Year holiday blew up into city’s worst violence since pro-democracy protests in 2014. Sixty-four people have been arrested in connection with the Monday night [...]

Beijing offers support for HK after New Year violence

China’s central government firmly supports Hong Kong authorities and police in safeguarding public order and punishing those who break the law, the foreign ministry has said in Beijing’s first reaction to a riot in Hong Kong earlier this week. Sixty-four people have been arrested in connection with the violence on Monday, the first day of [...]

China Said to Pitch HK Listing, Funds for Aramco IPO

Chinese officials pitched a dual listing for Saudi Arabian Oil Co. that would put the government-owned oil giant’s shares on both the Hong Kong and Saudi exchanges in return for anchor investments from Chinese funds, according to people familiar with the matter. The proposal was made earlier this year and no decisions have been made, [...]

Taiwan

Taiwan Quake Leaves 67 Dead, 57 Still Missing

Taiwan Quake Leaves 67 Dead, 57 Still Missing

The death toll from Saturday’s earthquake in Taiwan stands at 67 people, with 57 others still missing and presumed trapped under the rubble of a collapsed residential building, Taiwan’s Ministry of Interior said today. Rescue teams worked around the clock to find survivors, but rescuers now say the chances of finding anyone else alive are [...]

Taiwan Inspecting Other Buildings After Quake Collapse

When an earthquake struck the Taiwanese city of Tainan in the early hours of Saturday morning, Wu Hsiu-chi’s unit in the seven-storey Wei-guan Dragon Door World Family Building shook hard, but survived with little damage. In another taller apartment block, built by the same developer in the same neighbourhood, scores of residents were not so [...]

Taiwan thanks US for earthquake donations

Taiwan expressed again its appreciation Thursday to the United States for the sympathy and generous donations it has made for victims in the wake of the devastating earthquake that hit hard the southern part of Taiwan on February 6. In a statement issued Thursday, the Ministry of Foreign Affairs said that shortly after deadly temblor, [...]

Vietnam

SMEs can borrow investment capital for supporting industries

Small and medium-sized enterprises (SMEs) can borrow up to 70 per cent of the capital they need for investing in supporting industries prioritised by the government from February 22. This is stated in the State Bank of Vietnam’s (SBV’s) Circular No 01/2016/TT-NHNN, which was issued on February 4 to provide guidelines for a decree on [...]

Vietnam Grants Visa-Free Entrance for Russian Tourists

The Vietnamese government has been encouraging tourists from all over the world to indulge in the picturesque beauty of Vietnam. The Ministry of foreign affairs of Vietnam has recently announced exemption of Vietnam visa for Russians citizens staying in the country for up to 15 days. However, Visa-Vietnam.org provides their services to easily avail visa [...]

Expert: nuclear power helps Vietnam ensure energy security

Vietnam should consider nuclear power production to ensure national energy security, according to a Russian expert. During an interview granted to Vietnam News Agency correspondents, Associate Prof Dr Pavel A. Belousov from the Russia National Research Nuclear University (MEPhI) said nuclear power is crucial as it has made a significant contribution to the world’s energy [...]