• Leaders of Taiwan, China offer condolences for 48 dead in plane crash

    Leaders of Taiwan, China offer condolences for 48 dead in plane crash

    The leaders of rivals China and Taiwan expressed condolences on Thursday for victims of a TransAsia Airways turboprop plane that crashed during a thunderstorm the previous day killing 48 people including two French nationals. The plane, a 70-seat ATR 72, crashed near the runway while trying to land on the small island of Penghu, west [...]

    24-Jul-2014 Intellasia | Reuters | 2:03 PM
  • At least 42 killed in Taiwan plane crash: officials

    At least 42 killed in Taiwan plane crash: officials

    At least 42 people were killed in a plane crash in Taiwan on Wednesday, officials said, with witnesses and local media reporting the flight came down in a storm after an aborted landing. TransAsia Airways flight GE222 was carrying 58 people on a domestic flight when it crashed into houses near Magong airport on the [...]

    24-Jul-2014 Intellasia | AFP | 8:45 AM
  • No evidence found that Malaysia jet’s voice recorder tampered with – Dutch

    No evidence found that Malaysia jet’s voice recorder tampered with – Dutch

    The Dutch Safety Board, which is leading an international inquiry into the downing of Malaysia Airlines flight MH17, said on Wednesday investigators had found no evidence that the jet’s “black box” voice recorder had been tampered with. The DSB also said it expected to get the information it needs from the crash site in eastern [...]

    24-Jul-2014 Intellasia | Reuters | 8:43 AM
  • First MH17 bodies arrive in grieving Netherlands

    First MH17 bodies arrive in grieving Netherlands

    The first bodies from flight MH17 arrived in the Netherlands on Wednesday almost a week after it was shot down over Ukraine, as the conflict flared yet again near the Malaysian airliner’s crash site. Uniformed Dutch military personnel solemnly hoisted 40 wooden coffins from two planes and placed them in individual hearses at Eindhoven airport [...]

    24-Jul-2014 Intellasia | AFP | 8:40 AM
  • US: No evidence of direct Russian link to plane

    US: No evidence of direct Russian link to plane

    Senior US intelligence officials say they have no evidence of direct Russian government involvement in the shooting down of Malaysia Airlines Flight 17. They say the passenger jet was likely felled by an SA-11 surface-to-air missile fired by Russian-backed separatists in eastern Ukraine and that Russia “created the conditions” for the downing by arming the [...]

    24-Jul-2014 Intellasia | AP | 6:00 AM
  • Malaysia wants world aviation body to condemn MH17 downing

    Malaysia wants world aviation body to condemn MH17 downing

    Malaysia wants the International Civil Aviation Organisation (ICAO) to issue a resolution to condemn the attack on Malaysia Airline Flight MH17, prime minister Datuk Seri Najib Razak told Parliament today. Najib said the ICAO as the guardian of global aviation safety had the duty to criticise the attack just as it did with other shootings [...]

    24-Jul-2014 Intellasia | The Malay Mail Online | 7:26 AM
  • Thai king endorses junta’s new constitution

    Thai king endorses junta’s new constitution

    Thailand’s junta won approval from the king Tuesday for an interim constitution mapping out year-long political reforms expected to curb the influence of fugitive ex-premier Thaksin Shinawatra. It was the first time the revered but ailing King Bhumibol Adulyadej, 86, had granted an audience to coup leader general Prayut Chan-O-Cha since the military seized power [...]

    24-Jul-2014 Intellasia | AFP | 6:00 AM
  • Japan to Join US-India Military Exercises

    Japan to Join US-India Military Exercises

    Warships from India, Japan and the US will participate in joint exercises in the Pacific Ocean near Japan starting Thursday – a sign of greater maritime cooperation among nations in Asia as they face a more assertive China. Ties between New Delhi and Tokyo have strengthened as geopolitical tensions in the region have mounted, and [...]

    24-Jul-2014 Intellasia | The Wall Street Journal | 6:00 AM
  • Indonesia’s Prabowo to challenge election result in court

    Indonesia’s Prabowo to challenge election result in court

    The ex-general who lost Indonesia’s presidential election to Joko Widodo will challenge the result in court, his campaign team said Wednesday, a move that could spell weeks of uncertainty for the country. Widodo, the reform-minded governor of Jakarta seen as a break from the autocratic era of dictator Suharto, was named the winner Tuesday, with [...]

    24-Jul-2014 Intellasia | AFP | 6:00 AM
  • Thai junta leader could be PM under interim charter – adviser

    Thai junta leader could be PM under interim charter – adviser

    The leader of Thailand’s junta could become prime minister in a government to be set up under a newly drafted interim constitution, but that will be decided by an appointed provisional parliament, a junta legal adviser said on Wednesday. The military has ruled Thailand since a coup on May 22 and analysts have said general [...]

    24-Jul-2014 Intellasia | Reuters | 6:00 AM
  • China braces for 2nd typhoon; Taiwan drenched

    China braces for 2nd typhoon; Taiwan drenched

    China was bracing Wednesday for the arrival of a second typhoon in as many weeks, as communities along the country’s southern coast cleared away debris in the wake of the earlier storm that killed 46 people. Authorities in eastern Zhejiang province, south of Shanghai, ordered fishing boats to return to port and stepped up patrols [...]

    24-Jul-2014 Intellasia | AP | 6:00 AM
  • Typhoon Matmo slams into Taiwan, one killed, some damage reported

    Typhoon Matmo slams into Taiwan, one killed, some damage reported

    Typhoon Matmo slammed into Taiwan on Wednesday with heavy rains and strong winds, shutting financial markets and schools, with at least one person killed and some damage reported. Typhoon Matmo, a category two on Tropical Storm Risk’s scale of one to five, packed gusts of 155 kph (90 mph) and made landfall early on Wednesday, [...]

    24-Jul-2014 Intellasia | Reuters | 6:00 AM

Society

Organisers offer first look at the upcoming Singapore Night Festival

Foliage becomes an unlikely canvas for art in one of the highlights of the upcoming Singapore Night Festival. French artist-photographer Clement Briend will project images of Asian deities onto the trees outside the National Museum of Singapore, forming beautiful, haunting 3D-like images against the night sky. The 32-year-old behind the work, Divine Trees, was in [...]

Why ‘Frozen’ Was Such a Big Box-Office Hit in Japan

Frozen is now nudging a quarter of a billion dollars at the Japanese box office, with not even the Bluray and VOD release here ending its record-breaking 19-week run in theaters. Although the Academy Award winner was a global smash, no other foreign market has embraced Anna and Elsa quite like Japan. Released locally on [...]

World’s largest aquatic insect specimen found in China

The world’s largest flying aquatic insect, with huge, nightmarish pincers, has been discovered in China’s Sichuan province, experts say. According to the Insect Museum of West China, local villagers in the outskirts of Chengdu handed over “weird insects that resemble giant dragonflies with long teeth” earlier this month. Several of these odd critters were examined [...]

Health

Chinese city ‘sealed off’ after plague death

China has sealed off parts of its northwestern city of Yumen after a resident died of bubonic plague last week, state media has reported. It said 151 people who came into direct contact with the victim were also placed in quarantine. A 38-year-old victim was infected by a marmot, a wild rodent, and died on [...]

Brain disease kills scores in India’s east

Brain disease kills scores in India’s east

An outbreak of encephalitis has killed 60 people in two weeks in the eastern Indian state of West Bengal, a top health official has said, calling the situation “alarming”. Hundreds of mainly children die across India each year from the mosquito-borne virus, but West Bengal is not normally one of the worst-hit states. Only five [...]

Plague kills one in China

China has sealed off parts of its northwestern city of Yumen after a resident died of bubonic plague. A 38-year-old victim was infected by a marmot, a wild rodent, and died on July 16. Several districts of the city of about 100,000 people in Gansu province were subsequently turned into special quarantine zones, state news [...]

FinanceAsia

Videocon d2h Selects Brocade Ethernet Fabrics to Turbocharge Its Data Center Networks

India’s fastest-growing Direct-To-Home (DTH) satellite broadcaster has selected Brocade® Ethernet fabric solutions to revamp its data center networks. Videocon d2h, a unit of Videocon Industries (BSE: 511389) (NSE: VIDEOIND), deployed innovative Brocade VCS® Fabric Technology running on Brocade VDX® switches within its new and existing data centers in order to support continued rapid business growth. [...]

ZMDI, a Global Semiconductor Company, Expands its Battery Management ICs Product Family, With the Release of the ZSSC1750 and ZSSC1751 Data Acquisition System Basis Chips…

ZMD AG (ZMDI), a Dresden-based semiconductor company that specializes in enabling energy-efficient solutions, today announces the ZSSC1750 and ZSSC1751, two fully automotive-qualified, high-precision data-acquisition system basis chips (SBCs). As a global supplier of analog and mixed-signal solutions for automotive, industrial, medical, information technology and consumer applications, ZMDI introduces these new ICs to extend its battery [...]

NEWS STORY: Claims Outsourcing and Tac Reclamation Specialist, Goal Group, Appoints Client Services Manager to its Melbourne Office

Goal Group Limited, a global claims outsourcing provider and tax reclamation specialist, has appointed Dinesh Vaghela to its Melbourne office as Client Services Manager – Australia & New Zealand. Mr Vaghela has been working in the financial information industry for over 23 years. He is FISD qualified and a member of the Financial Information Associate [...]

Regional

Burma to Try Former Religion minister on National Security Charges

Myanmar former religious affairs minister Hsan Sint was charged in court Tuesday with undermining national security, his lawyer said, as prosecutors withdrew corruption charges on which he was detained last month. Hsan Sint was sacked from the cabinet and arrested over a case of graft in June after he reportedly objected to a controversial government [...]

Japan to Join US-India Military Exercises

Warships from India, Japan and the US will participate in joint exercises in the Pacific Ocean near Japan starting Thursday – a sign of greater maritime cooperation among nations in Asia as they face a more assertive China. Ties between New Delhi and Tokyo have strengthened as geopolitical tensions in the region have mounted, and [...]

Burma opens up economy, but true democracy is still elusive

On a recent rain-soaked night, the ancient gold Shwedagon Pagoda, believed to contain relics of the Buddha, glowed through the mist in Yangon. Not far away, a more modern scene was unfolding at one of the city’s newest shopping malls, where middle-class families sipped lattes and dined on hamburgers and French fries. Just a few [...]

China

Ally reassures Taiwan on ties after Xi meeting

Paraguayan President Horacio Cartes has reassured Taiwan that his country will continue to maintain cordial and stable diplomatic relations with Taiwan after he shared a stage with Chinese President Xi Jinping (???) at an international event, the Ministry of Foreign Affairs said yesterday. Cartes attended an event organised by the embassy of the Republic of [...]

Chinese army shows off dancing robots

Chinese army shows off dancing robots

To the sound of Shakira’s Waka Waka (This Time for Africa) robots demonstrated their dance steps, screaming recruits drilled with bayonets and tanks rolled as China’s military offered a rare moment of openness Tuesday. The exposition, held at the Armoured Forces Engineering Academy in Beijing, was touted by senior People’s Liberation Army (PLA) officials as [...]

China’s Xiaomi hopes Mi 4 smartphone can take on Apple

Xiaomi launched its flagship Mi 4 smartphone at a glitzy event in Beijing, where the Chinese budget handset maker’s chief executive sought to challenge larger US rival Apple Inc. The Mi 4 comes as budget handset makers in China are competing more aggressively on price and generous features, with even high-end manufacturers feeling the pressure. [...]

Malaysia

No evidence found that Malaysia jet’s voice recorder tampered with – Dutch

No evidence found that Malaysia jet’s voice recorder tampered with – Dutch

The Dutch Safety Board, which is leading an international inquiry into the downing of Malaysia Airlines flight MH17, said on Wednesday investigators had found no evidence that the jet’s “black box” voice recorder had been tampered with. The DSB also said it expected to get the information it needs from the crash site in eastern [...]

First MH17 bodies arrive in grieving Netherlands

First MH17 bodies arrive in grieving Netherlands

The first bodies from flight MH17 arrived in the Netherlands on Wednesday almost a week after it was shot down over Ukraine, as the conflict flared yet again near the Malaysian airliner’s crash site. Uniformed Dutch military personnel solemnly hoisted 40 wooden coffins from two planes and placed them in individual hearses at Eindhoven airport [...]

Malaysia wants world aviation body to condemn MH17 downing

Malaysia wants world aviation body to condemn MH17 downing

Malaysia wants the International Civil Aviation Organisation (ICAO) to issue a resolution to condemn the attack on Malaysia Airline Flight MH17, prime minister Datuk Seri Najib Razak told Parliament today. Najib said the ICAO as the guardian of global aviation safety had the duty to criticise the attack just as it did with other shootings [...]

Indonesia

Jokowi: The new face of Indonesian politics

Jokowi: The new face of Indonesian politics

When Indonesian furniture business owner Joko “Jokowi” Widodo turned to a career in politics nine years ago, he was a complete novice. But the can-do, clean image he has cultivated as a small-city mayor, and over the past year-and-a-half as Jakarta governor, has propelled him to the presidential palace. He is set to become Indonesia’s [...]

Insight – Battered by election, Indonesia’s new president faces party clash

Insight – Battered by election, Indonesia’s new president faces party clash

After winning Indonesia’s closest ever presidential election, Joko “Jokowi” Widodo now faces what could be his toughest battle yet – winning over his own party. To do that, he must deal with Puan Maharani, the politically ambitious daughter of former president Megawati Sukarnoputri and a powerful figure in the Indonesian Democratic Party-Struggle (PDI-P) that her [...]

Subianto Withdraws From Indonesian Presidential Race

Subianto Withdraws From Indonesian Presidential Race

Jakarta Gov. Joko Widodo was declared the winner of Indonesia’s presidential election, ending weeks of uncertainty in the wake of a hard-fought contest in the Southeast Asian nation. The national elections commission said Tuesday after days of collating more than 133 million ballots from across the sprawling archipelago that Widodo edged out former army Gen. [...]

Singapore

Philippine partners responsible for maid documentation, say S’pore agencies

Maid agencies in Singapore say the onus is on the partners they work with in the Philippines to ensure proper documentation for bringing Filipino maids into Singapore. Singaporean Yvonne Phua, who is currently under arrest in the Philippines for suspected human trafficking, allegedly brought Filipino maids into Singapore illegally as a recruiter for PEM Maid [...]

Will outdo Singapore: KCR to businesspeople

In a marathon meeting that lasted for nearly five hours, chief minister K Chandrasekhar Rao on Tuesday promised Telangana Inc that the state government would firm up a single window clearance (SWC) system ‘better’ than that of Singapore’s, which is touted as the best in the world, to make it easy to do business in [...]

Singapore Exchange opens liaison office in India

Singapore Exchange (SGX) has opened a liaison office in India that aims to help Indian companies keen to raise capital in Singapore. The office in Mumbai will act as a “communication channel” to support such firms, the bourse operator said on Tuesday. Indian issuers have raised $60 billion through bonds on the SGX, making India [...]

Thailand

‘Dark tourism’ creeps out Thailand

Beyond the glittering temples, scenic river cruises and spicy street-food stalls in the Thai capital, a pair of museums that specialise in the gruesome and macabre are luring tourists to the dark side Mummified serial killers, deformed foetuses and bisected human heads probably are not what most travellers dream of seeing on their Thai holiday. [...]

Thai king endorses junta’s new constitution

Thai king endorses junta’s new constitution

Thailand’s junta won approval from the king Tuesday for an interim constitution mapping out year-long political reforms expected to curb the influence of fugitive ex-premier Thaksin Shinawatra. It was the first time the revered but ailing King Bhumibol Adulyadej, 86, had granted an audience to coup leader general Prayut Chan-O-Cha since the military seized power [...]

Thai Rice Harvest Seen Dropping on Drought, Subsidy Lapse

Rice production in Thailand will probably shrink to a five-year low as drought hurts yields and farmers curb planting after the end of a subsidy programme, according to the Thai Rice Packers Association. Output in the largest shipper after India may drop 10 percent to about 34 million metric tonnes in 2014-2015, said Somkiat Makcayathorn, [...]

Philippines

Philippines Scraps Limits on Foreign Bank Ownership

Overseas banks are free to participate fully in the Philippine economy for the first time, after President Benigno Aquino III signed a law removing restrictions on foreign ownership. Manila is liberalising its banking sector as it tries to stoke foreign investment in the country, which has always lagged behind its neighbours in attracting money from [...]

Liberalisation in Philippines may appeal to CIMB, Maybank

The liberalisation of the Philippines’ banking sector to allow more foreign financial institutions in the country could attract local banking groups such as CIMB Group and Malayan Banking Bhd (Maybank). The Act replaces a cap of 60 percent on foreign ownership of Philippine lenders and abolishes restrictions that have allowed only 10 foreign banks to [...]

Philippine partners responsible for maid documentation, say S’pore agencies

Maid agencies in Singapore say the onus is on the partners they work with in the Philippines to ensure proper documentation for bringing Filipino maids into Singapore. Singaporean Yvonne Phua, who is currently under arrest in the Philippines for suspected human trafficking, allegedly brought Filipino maids into Singapore illegally as a recruiter for PEM Maid [...]

Japan

India Is High On Japan’s Investment Radar

Japanese institutional investors have ranked India number one with regard to investment potential in comparison to key emerging markets, according to a recent report by Nomura, the Tokyo-based lender. Nomura’s economists, analysts and strategists found that China has become less attractive because of increasing labour costs and an opaque legal system. A Japan Bank for [...]

Japan to Join US-India Military Exercises

Japan to Join US-India Military Exercises

Warships from India, Japan and the US will participate in joint exercises in the Pacific Ocean near Japan starting Thursday – a sign of greater maritime cooperation among nations in Asia as they face a more assertive China. Ties between New Delhi and Tokyo have strengthened as geopolitical tensions in the region have mounted, and [...]

Worries Over Meat Supplier Spread to Japan

More companies are cutting ties to a US-owned Chinese food supplier over worries that they may have served expired meat to their customers, as they moved to shore up their reputations in a market known for food-safety problems. The issue, which on Monday prompted KFC owner Yum Brands Inc. YUM +0.96 percent and McDonald’s Corp.’s [...]

Korea

Two trains collide in Gangwon-do Province, Korea

Now to another accident that adds to the unease and lack of confidence in Korea’s travel and tourism industry. Two passenger trains collided early Tuesday evening on Korea’s east coast, killing one passenger and injuring more than 90 others. KORAIL the nation’s railroad operator says a tourist train collided with a passenger train between Taebaek [...]

One dead, dozens injured in Korea train accident

One person has been killed and dozens more injured after two South Korean trains collided on an eastern coastal track. A statement from the transport ministry said the head-on collision between a commuter train and a tourist train left one passenger dead and 86 others injured, four seriously. It’s the latest in a series of [...]

N Korea launches cooking website ‘for housewives’

A North Korean website devoted to cooking has appeared on the internet more than two years after it was first reported to have launched. The website of the Korean Association of Cooks offers hundreds of recipes for “housewives’ convenience,” an introduction to restaurants in North Korea, and details of the cooking association, including a contact [...]

Hong Kong

Swatch warns of HK uncertainty as profits fall

Swatch Group on Tuesday warned of an uncertain outlook for its major market Hong Kong after reporting an 11.5 percent fall in first-half profits due to a strong Swiss franc, costs linked to the Sochi Olympics and a factory fire. Chief Executive Nick Hayek said he was concerned about the situation in Hong Kong, where [...]

Asia’s richest man is building HK apartments barely bigger than a prison cell

Hong Kong property mogul Li Ka-Shing, who recently said that inequality keeps him awake at night, is building his next property venture for Hong Kongers who are willing to buy even the tiniest apartment imaginable. Li’s development company Cheung Kong will start selling “micro-apartments” for between HK$1.94 and HK$2 million ($250,000 to $260,000) a unit [...]

Too Many Bankers Hurt HK IPOs as Bacon Maker WH Drops 26

Companies going public in Hong Kong are getting the message that less is more. Betting they could fetch higher valuations, Chinese companies hired sometimes dozens of banks to sell their initial public offerings in the last two years. The trend backfired, as the IPOs tended to underperform those using fewer bankers, and valuations were no [...]

Taiwan

Leaders of Taiwan, China offer condolences for 48 dead in plane crash

Leaders of Taiwan, China offer condolences for 48 dead in plane crash

The leaders of rivals China and Taiwan expressed condolences on Thursday for victims of a TransAsia Airways turboprop plane that crashed during a thunderstorm the previous day killing 48 people including two French nationals. The plane, a 70-seat ATR 72, crashed near the runway while trying to land on the small island of Penghu, west [...]

At least 42 killed in Taiwan plane crash: officials

At least 42 killed in Taiwan plane crash: officials

At least 42 people were killed in a plane crash in Taiwan on Wednesday, officials said, with witnesses and local media reporting the flight came down in a storm after an aborted landing. TransAsia Airways flight GE222 was carrying 58 people on a domestic flight when it crashed into houses near Magong airport on the [...]

Taiwan battens down as second typhoon threatens region

The Taiwan military was collecting and distributing sandbags to guard against possible flooding on Tuesday as a typhoon bore down on the island after brushing the Philippines. Typhoon Matmo, a category-two cyclone on Tropical Storm Risk’s scale of one to five, was approaching from the southeast and was expected to strengthen until it hits on [...]

Vietnam

Business Brief July 24

* Vietnam Airlines is offering promotional return airfares until August 31 for its flights departing for destinations in Europe between September 1 and December 3l. Two-way fares of the Hanoi/HCM City-Paris/Frankfurt/London flights are from 9.595 million dong ($449) while those of the services from Hanoi or HCM City to 23 cities in Western Europe are [...]

Vietnam sees new investment wave from Japan

Ministry of Planning and Investment (MoPI) has recently met with a delegation of more than 30 Japanese firms, which came to Vietnam last week to survey key industrial zones in the North. According to Atsusuke Kawada, Chief Representative of Japan External Trade Organisation (Jetro) in Hanoi, the delegation will help Japanese companies have more understanding [...]

Vietnam’s per capita income should have been at $7,000 as of now: USAID expert

Ranking at the 99th in terms of global competitiveness rating, Vietnam is expected to have the per capita income much higher than the current level if administrative procedures are less cumbersome and complicated. According to the Doing Business Report 2014 of the World Bank (WB), which was calculated based on the data of 2012, Vietnam [...]