• US, S. Korea, Japan hold first anti-N. Korea missile drill

    US, S. Korea, Japan hold first anti-N. Korea missile drill

    South Korea, Japan and the United States held an unprecedented trilateral missile defence exercise on Tuesday, aimed at countering the growing threat from nuclear-armed North Korea which denounced it as a “military provocation.” The drill in waters off Hawaii came less than a week after North Korea flight-tested a powerful new medium-range ballistic missile that [...]

    30-Jun-2016 Intellasia | AFP | 6:00 AM
  • US-Vietnam arms deal boosts big stick in sea dispute

    US-Vietnam arms deal boosts big stick in sea dispute

    On his recent trip to Vietnam, President Barack Obama lifted the decades-old ban on lethal weapons sales to the Communist-led nation and forged new economic ties, sending an unmistakable sign of American resolve to support Asean countries in the face of their growing maritime tensions with China. “Both the US and Vietnam support freedom of [...]

    30-Jun-2016 Intellasia | Inquirer | 6:00 AM
  • Indonesia, Malaysia, Philippines close to signing maritime cooperation

    Indonesia, Malaysia, Philippines close to signing maritime cooperation

    Indonesia, Malaysia and the Philippines are set to conduct a coordinated joint patrol to maintain security in border waters, which have been rife with piracy threatening trade lanes in the region, as the three countries enter the final stages of negotiations, an official said on Tuesday. “The [standard operating] procedure has been agreed upon by [...]

    30-Jun-2016 Intellasia | The Jakarta Post | 6:00 AM
  • With eye on China, Indonesian parliament approves higher defense spending

    With eye on China, Indonesian parliament approves higher defense spending

    Indonesian lawmakers on Tuesday approved higher defense spending this year to fund, among other things, major upgrades to military facilities in the Natuna Islands, whose nearby waters Beijing says are subject to “over-lapping claims”. Parliament’s approval came just days after President Joko Widodo visited the remote island chain to assert sovereignty over the area, in [...]

    30-Jun-2016 Intellasia | Reuters | 6:00 AM
  • Indonesian government asked to keep intensive communications on South China Sea

    Indonesian government asked to keep intensive communications on South China Sea

    Deputy chair of the Commission I of the House of Parliament Hanafi Rais asks the government to maintain intensive communications with other Asean countries on developments in South China Sea. “Indonesia has to protect its sovereignty over its exclusive economic zone (EEZ) in South China Sea and for that purpose intensive communications is necessary with [...]

    30-Jun-2016 Intellasia | Antara News | 6:00 AM
  • Singapore website founder jailed for anti-foreign content

    Singapore website founder jailed for anti-foreign content

    A court in Singapore on Tuesday sentenced the founder of a website that published anti-foreign content to eight months in jail after he pleaded guilty to sedition. Yang Kaiheng, 27, set up “The Real Singapore” website together with his Australian wife, Ai Takagi, and helped distribute accounts from visitors, some of which contained inaccuracies, the [...]

    30-Jun-2016 Intellasia | AP | 6:00 AM
  • Two of Abe’s ministers May Be at Risk in Japan’s Election

    Two of Abe’s ministers May Be at Risk in Japan’s Election

    The containers of radioactive soil have been sitting outside Ryuta Sawamura’s apartment building in northern Japan for years. Every time he walks past them he’s reminded that the clean-up from the Fukushima nuclear disaster of 2011 is far from over. Sawamura runs a small construction company in Koriyama – the largest city in Fukushima prefecture [...]

    30-Jun-2016 Intellasia | Bloomberg | 6:00 AM
  • China, Vietnam Pledge to Cooperate at Sea Amid Maritime Dispute

    China, Vietnam Pledge to Cooperate at Sea Amid Maritime Dispute

    Chinese official’s visit to Hanoi comes ahead of tribunal’s South China Sea ruling Vietnam and China, despite differences over their competing territorial claims in the South China Sea, agreed to improve cooperation between their coast guards and better manage their maritime disputes. The countries signed a memorandum of understanding on Monday, Vietnam’s Ministry of Foreign [...]

    30-Jun-2016 Intellasia | WSJ | 6:00 AM
  • Philippines to let Indonesian military enter its waters to free hostages

    Philippines to let Indonesian military enter its waters to free hostages

    Manila has given approval for Indonesian military forces to enter Philippine territory in efforts to free seven Indonesian sailors taken hostage by two militant groups last week, an Indonesian Cabinet minister said Tuesday. “They approved us to enter into Philippine waters and land,” Indonesian Defense minister Ryamisard Ryacudu told reporters, saying that the arrangement was [...]

    30-Jun-2016 Intellasia | Japantimes | 6:00 AM
  • Taiwan president says wants to maintain communication with China

    Taiwan president says wants to maintain communication with China

    Taiwan’s government will continue to look for ways to maintain dialogue with China, President Tsai Ing-wen said on Tuesday, after Beijing said it had halted a regular communication mechanism with Taipei. China, which regards the self-ruled island as a wayward province, is deeply suspicious of Tsai, who took office last month, since Beijing suspects she [...]

    30-Jun-2016 Intellasia | Reuters | 6:00 AM
  • N. Korea parliament meeting watched for economic clues

    N. Korea parliament meeting watched for economic clues

    North Korea was to convene a session of its legislative assembly on Wednesday, with observers looking for more details to emerge of a new economic plan announced at a rare party congress in May. The Supreme People’s Assembly (SPA) meets only once or twice a year, mostly for day-long sessions to rubber-stamp budgets or other [...]

    30-Jun-2016 Intellasia | AFP | 6:00 AM
  • First Chinese-made regional jet makes maiden passenger flight

    First Chinese-made regional jet makes maiden passenger flight

    China’s first locally built regional jet made its maiden commercial flight on Tuesday, carrying 70 passengers from the western city of Chengdu to Shanghai on the east coast in what state-owned planemaker Commercial Aircraft Corp of China Ltd (COMAC) hailed as a milestone. Chengdu Airlines flight EU6679 took two hours and 12 minutes and was [...]

    30-Jun-2016 Intellasia | Reuters | 6:00 AM

Society

Diphtheria claims third death in Malaysia, this time in Sabah

Malaysia has recorded its third death from diphtheria, this time involving a three-year-old boy from Menggatal. This marks the third such death in the country, after two children’s fatalities were recorded from 11 diphtheria cases in Kedah and Malacca recently. Sabah Health director Dr Christina Rundi confirmed the Menggatal case but denied rumours of an [...]

Taiwan reports first indigenous dengue fever case of summer

A woman in the southern city of Pingtung became the first reported indigenous dengue fever case in Taiwan this summer when she was confirmed Tuesday to have the disease. The 58-year-old woman sought medical treatment June 24, after she experienced symptoms that included fever, headache and thirst, Chou Jih-haw (???), deputy director-general of the Centers [...]

Measles cases spike 340pct in Malaysia

Malaysia has seen a 340 per cent leap in the number of measles infections within the first week of this month, the country’s Health Department said, citing a rise in the number of children who were not immunised against the disease. There were 873 cases reported in that week compared with the 197 recorded in [...]

Health

Diphtheria claims third death in Malaysia, this time in Sabah

Malaysia has recorded its third death from diphtheria, this time involving a three-year-old boy from Menggatal. This marks the third such death in the country, after two children’s fatalities were recorded from 11 diphtheria cases in Kedah and Malacca recently. Sabah Health director Dr Christina Rundi confirmed the Menggatal case but denied rumours of an [...]

Taiwan reports first indigenous dengue fever case of summer

A woman in the southern city of Pingtung became the first reported indigenous dengue fever case in Taiwan this summer when she was confirmed Tuesday to have the disease. The 58-year-old woman sought medical treatment June 24, after she experienced symptoms that included fever, headache and thirst, Chou Jih-haw (???), deputy director-general of the Centers [...]

Measles cases spike 340pct in Malaysia

Malaysia has seen a 340 per cent leap in the number of measles infections within the first week of this month, the country’s Health Department said, citing a rise in the number of children who were not immunised against the disease. There were 873 cases reported in that week compared with the 197 recorded in [...]

FinanceAsia

Asian stocks up as worries from Britain’s EU leave vote ease

Asian stock markets rallied on Wednesday following overnight gains on Wall Street and even bigger gains in Europe, as worries about uncertainty following Britain’s EU referendum eased. Japan’s Nikkei 225 jumped 1.4 percent to 15,543.72 and South Korea’s Kospi gained 1.3 percent to 1,960.40. Hong Kong’s Hang Seng index added 0.8 percent to 20,330.22 while [...]

Asia stocks bounce, bonds benefit from the unknown

Asian shares were swept up in a global relief rally on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.0 percent to recoup around one-third of Friday’s [...]

Toyota Motor Corporation Announces Results for May 2016

Toyota City, Japan, June 29, 2016 – (JCN Newswire) – Toyota Motor Corporation announces its production, domestic sales, and export results for May 2016, including those for subsidiaries Daihatsu Motor Co., Ltd., and Hino Motors, Ltd. May 2016 Key Points (year-on-year) Production in Japan Toyota – First increase in two months Daihatsu – First increase [...]

Regional

US-Vietnam arms deal boosts big stick in sea dispute

US-Vietnam arms deal boosts big stick in sea dispute

On his recent trip to Vietnam, President Barack Obama lifted the decades-old ban on lethal weapons sales to the Communist-led nation and forged new economic ties, sending an unmistakable sign of American resolve to support Asean countries in the face of their growing maritime tensions with China. “Both the US and Vietnam support freedom of [...]

Vietnam Recovers 8 Bodies From Missing Search Plane

Vietnam’s military says the bodies of eight crew from a search plane that crashed two weeks ago while looking for a missing fighter jet have been recovered. The Ministry of Defense said Wednesday that authorities are still searching for the remaining military person from the plane. The ministry said that maritime patrol aircraft’s black boxes, [...]

South China Sea reefs ‘decimated’ as giant clams harvested in bulk

South China Sea reefs ‘decimated’ as giant clams harvested in bulk

Ornaments made from the shells of endangered giant clams, renowned in China for having auspicious powers and the lustre of ivory, have become coveted luxuries, a trend which has wreaked havoc on the ecosystem of the South China Sea. China banned harvesting of giant clams last year but in the tiny seaside town Tanmen on [...]

China

Taiwan president says wants to maintain communication with China

Taiwan’s government will continue to look for ways to maintain dialogue with China, President Tsai Ing-wen said on Tuesday, after Beijing said it had halted a regular communication mechanism with Taipei. China, which regards the self-ruled island as a wayward province, is deeply suspicious of Tsai, who took office last month, since Beijing suspects she [...]

Made in China plane makes first commercial flight

China’s homegrown regional jet made its first commercial flight Tuesday, operator Chengdu Airlines said, after years of delays raised questions about the country’s ambitious plans for domestically-produced planes. Chengdu Airlines flew the ARJ21 from its eponymous home base, the capital of the southwestern province of Sichuan, to the commercial hub Shanghai carrying 70 passengers. More [...]

China steel giants plan merger in face of global glut

Two of China’s biggest steelmakers are planning to merge, they said, as the industry faces a global glut that has hammered producers worldwide. Baosteel Group, China’s second-largest steelmaker, is “planning a strategic restructuring with Wuhan Iron and Steel Group”, another giant, both companies’ listed units said in separate statements to the Shanghai stock exchange late [...]

Malaysia

Over 50pct Msian parents willing to take on debt to fund children’s education

More than 50 per cent of Malaysian parents are willing to go into debt to fund their child’s education, on top of the fact that 80 per cent of them are funding their child’s education from day-to-day income, a HSBC survey revealed. HSBC Bank Malaysia Bhd Retail Banking and Wealth Management Country Head Lim Eng [...]

PM: Easy to criticise, but running diverse Malaysia not that simple

It is easy for outsiders to criticise the federal government but the actual task of running an administration in a country as diverse in Malaysia is not that easy, prime minister Datuk Seri Najib Razak said today. Najib said only a person from within the administration would know how to appreciate the challenge of running [...]

Malaysia condemns attack on Istanbul airport, calls for unity among Muslims

Prime minister Datuk Seri Najib Razak today condemned in the strongest terms the terrorist attack on Istanbul’s Ataturk airport, and called on Muslim countries to unite in combating terrorism. “Malaysia stands firm and ready to unite with all countries in the fight against the scourge of terrorism. “I strongly urge Muslim nations to unite and [...]

Indonesia

Indonesia Will Revaccinate ‘Millions’ of Children After Fake Vaccines Come to Light

Fifteen suspects have been arrested and hundreds of bogus vaccines seized The Indonesian government will reinoculate children aged 10 and under after it uncovered fake-vaccine manufacturing and distribution rackets. It is not clear how many children will receive their jabs again, but the number could reach millions. Local media reports that Indonesian police have arrested [...]

Indonesia’s parliament approves tax amnesty bill

Indonesia is launching a tax amnesty programme that the government, facing a sizeable budget shortfall, is counting on to bring home billions of dollars citizens have parked overseas. The nine-month programme, approved on Tuesday (Jun 28) by parliament, offers citizens low rates for paying some penalty on assets at home or abroad that have not [...]

Russia-Indonesia trade turnover totalled $770 million in Jan-April 2016 – ambassador

Expansion of trade turnover between the two countries was one of the top issues discussed by presidents Vladimir Putin and Joko Widodo at their meeting in Sochi on May 18 The trade turnover between Russia and Indonesia increased by around 12 percent in the first four months of 2016 year-on-year to $770 million, Russia’s Ambassador [...]

Singapore

Singapore’s sovereign fund in talks to buy Yes Communities – WSJ

Sovereign-wealth fund is in negotiations to buy Denver-based Yes Communities at a value of more than $2 billion Singapore’s sovereign-wealth fund is negotiating to acquire Yes Communities, an owner of manufactured housing communities, in a deal that would value Yes at more than $2 billion, according to people familiar with the matter. GIC is in [...]

‘Skills gap’ between younger and older Singapore workers: OECD study

Singapore’s younger adults rank highly in numeracy, literacy and problem-solving skills, a major international study has found, but the older generation lags considerably behind. While this reflects the progress in education and training over the decades here, this “skills gap” also highlights that more needs to be done to upgrade the skills of older workers, [...]

Singapore adults ‘below average’ in literacy; above average in problem-solving: OECD survey

Adults aged 16 to 65 in the city-state showed below-average proficiency in literacy and numeracy compared to those in Organisation for Economic Cooperation and Development (OECD) economies, according to the results of a survey released on Tuesday (Jun 28). OECD noted that a high prevalence of adults whose native language is not English “contributed significantly [...]

Thailand

Seat at UNSC will give Thailand a bigger voice: Prayut

Prime minister Prayut Chan-o-cha said he hopes Thailand can obtain a non-permanent seat at the United Nations Security Council during the upcoming elections. He said a seat in the Security Council would help Thailand project more voices in the multilateral arena and as head of the Group of 77 developing countries, it could deliver the [...]

PM: Security Council seat would boost Thailand’s standing

Prime minister Prayut Chan-cha is banking on winning a seat on the United Nations Security Council to bolster the international community’s confidence in Thailand. Prayut said the new non-permanent members of the United Nations Security Council will be decided by the UN member states, but Thailand has been lobbying intensely for the Asia-Pacific seat, as [...]

Brexit may shave 0.1 point off Thailand 2016 growth

The departure of Britain from the European Union (EU) will indirectly affect Thailand, with potential to trim its economic growth by 0.1 percentage point to 2.9 percent in 2016, according to an economist. Thanavath Phonvichai, director of the Centre for Economic and Business Forecasting at the University of the Thai Chamber of Commerce, said the [...]

Philippines

As Duterte takes over in Philippines, police killings stir fear

Two things catch the eye in the office of Joselito Esquivel, a police colonel enforcing a national crackdown on drugs in the Philippines’ most crime-ridden district: a pair of boxing gloves in a display cabinet and an M4 assault rifle lying beside him. “It’s all-out war,” the Quezon City officer says of a spike in [...]

Members of Duterte family arrive in Manila for inaugural

Members of the Duterte family arrived in Manila on Tuesday, two days ahead of President-elect Rodrigo Duterte’s inauguration in Malacanan Palace. Duterte’s ex-wife, Elisabeth Zimmerman, touched down at the Ninoy Aquino International Airport (NAIA) before noontime – along with their eldest son, Davao City vice Mayor Paolo Duterte, and grandchildren. Later in the afternoon, Davao [...]

SC dismisses petition to probe Aquino, others for DAP

The Supreme Court (SC) dismissed on Tuesday a petition asking the Ombudsman to probe those behind the Disbursement Acceleration Programme (DAP) initiated by the outgoing Aquino administration. The justices ruled that the acts sought to by the petitioners from the respondents were not ministerial – but discretionary acts. SC Spokesperson Theodore Te explained that the [...]

Japan

Japan’s Renesas wants to stay independent, says chief executive, snubbing Nidec

Japanese automotive chip maker Renesas Electronics Corp hopes to stay independent, its newly appointed chief executive said on Tuesday, spurning an overture from electronics parts maker Nidec Corp. Renesas is widely seen as an acquisition target as its top shareholder the state-backed Innovation Network Corp of Japan (INCJ) fund, set up in 2009 to invest [...]

Drinking Ban Lifted for US Sailors in Japan After Less Than a Month

A short-lived drinking ban for American sailors in Japan has been lifted, the US Navy announced on Monday, as tensions continue to rise over US military presence in Japan. The alcohol prohibition came earlier this month, following an incident involving a US sailor driving the wrong way on a freeway while allegedly under the influence [...]

Japan Shares Gain as Global Stocks Rebound on Stimulus Optimism

Japanese shares rose, led by financial companies and steel producers, as global equities rebounded amid optimism policy makers will enact measures to stem the fallout from Britain’s decision to leave the European Union. The Topix index gained 1.6 percent to 1,244.55 at the trading break in Tokyo. The Nikkei 225 Stock Average climbed 1.4 percent [...]

Korea

Korea antitrust regulator says investigating Apple on ‘some matters’

South Korea’s Fair Trade Commission (FTC) is investigating “some matters” relating to tech giant Apple Inc (AAPL.O), the head of the anticompetition body said during a parliamentary hearing, without disclosing further details. Speaking at the hearing on Tuesday, FTC Chair Jeong Jae-chan declined to comment on the specifics of the regulator’s investigation when asked to [...]

CJ Group says submitted letter of intent to buy McDonald’s Korean unit

South Korea’s CJ Group, a food-to-entertainment conglomerate, said on Wednesday it has submitted a letter of intent to buy McDonald’s Corp’s South Korean unit, adding that details have not been decided. Korean Economic Daily newspaper said the deal could fetch 300 billion won ($256.86 million) to 500 billion won, citing investment banking sources. McDonald’s Corp, [...]

US, S. Korea, Japan hold first anti-N. Korea missile drill

US, S. Korea, Japan hold first anti-N. Korea missile drill

South Korea, Japan and the United States held an unprecedented trilateral missile defence exercise on Tuesday, aimed at countering the growing threat from nuclear-armed North Korea which denounced it as a “military provocation.” The drill in waters off Hawaii came less than a week after North Korea flight-tested a powerful new medium-range ballistic missile that [...]

Hong Kong

HK Stocks Pare Loss on Bets Policy Makers to Calm Markets

Hong Kong stocks pared declines amid signs that global policy makers are taking steps to limit the fallout from Britain’s vote to leave the European Union. The Hang Seng Index fell 0.3 percent, trimming a loss of as much as 1.6 percent that sent the gauge toward its lowest level in a month. The Shanghai [...]

HK’s Richest Man Isn’t Worried About the Survival of His $80 Billion Empire

As Li Ka-shing prepares to turn 88 in July, he takes a moment to reflect on the $80 billion empire he’s built and how it will survive without him. “I could retire today if I wanted to, in the next five minutes or whenever,” Li said in a rare interview with Bloomberg Television, emphasising that [...]

Five Pieces of Advice From HK’s Richest Man

Li Ka-shing, the world’s wealthiest 87-year old, has accumulated many lessons over the past seven decades as he built a plastic-flower maker into an $80 billion empire. Below are five pieces of advice that the chair of CK Hutchison Holdings Ltd shared during an hour-long interview with Bloomberg TV’s Angie Lau earlier this month. Li [...]

Taiwan

Taiwanese chip supplier says Apple conservative on orders: Nikkei

Taiwanese chip firm Advanced Semiconductor Engineering Inc said on Tuesday that its biggest customer, Apple Inc, was being more conservative in placing orders compared with last year, according to the Nikkei. The business daily reported in May that component suppliers in Taiwan would receive fewer orders from Apple in the second half of 2016. Apple [...]

Taiwan chip firm ASE bats for easing China investment policy

Taiwan’s semiconductor industry needs be open to all kinds of capital, including investment from China, to ensure it is funded well enough to compete with global business rivals, the island’s largest chip test and packaging company said on Tuesday. The call from Advanced Semiconductor Engineering comes as leading Taiwanese technology firms urge the newly installed [...]

President witnesses signing of Taiwan-Paraguay aviation treaty

President Tsai Ing-wen (???) witnessed the signing Tuesday of an aviation treaty between the Republic of China and Paraguay, Taiwan’s only diplomatic ally in South America. Tsai, who arrived the previous day on her second and final leg of a two-nation visit, was presented with a medal during a meeting with Paraguayan President Horacio Cartes [...]

Vietnam

Vinamilk helps shares rise again

Vietnamese shares rose yesterday June 28, covering losses made during the session as dairy firm Vinamilk boosted investor confidence on its latest announcement on foreign ownership. The benchmark VN Index on the HCM Stock Exchange inched up 0.2 per cent to finish at 622.20 points, extending a two-day gain of 0.3 per cent. The HNX [...]

‘Tremendous’ fortune of 108-floor financial tower owner in Hanoi

BRG Group is known for its huge property portfolio and its investment in many fields ranging from finance – banking, to retail, real estate. According to the detailed plan of a construction along the route Nhat Tan – Noi Bai (Vo Nguyen Giap street) has just been announced by Hanoi People’s Committee, the main area [...]

‘Forbes’ ranks Vietnam most valuable brands in 2016

Vinamilk topped the 2016 Forbes list of the 40 most valuable brands in Vietnam with a value of $1.52 billion more than double second ranked Viettel at $752 million. Vingroup at $279 million placed third trailed by Sabeco at $247 million in fourth followed by FPT and Vietinbank at $171 million and $147 million in [...]