Archive for January 7th, 2017

S. Korea calls in Chinese envoy to Seoul over THAAD row

07-Jan-2017 Intellasia | Yonhap | 11:08 AM

South Korea’s foreign ministry summoned the Chinese ambassador on Thursday to deliver its position onChina’s recent measures against Korean businesses in apparent [...]
» More

Five banks to remain 100pct state-owned

07-Jan-2017 Intellasia | The Saigon Times Daily | 10:40 AM

There are five banks on the list of 103 enterprises that will remain wholly owned by the State in 2016-2020, with three of them acquired by the central bank at zero dong for [...]
» More

China, Seeking to Stop Weakening of Currency, Issues Restrictions

07-Jan-2017 Intellasia | NY Times | 10:25 AM

Global markets spent most of 2016 adjusting to the reality of a slow but steady weakening ofChina’s currency. Now,Beijingappears uncomfortable with that state of [...]
» More

Rohingya: Malaysia arrests Indonesian ‘Isis militant’ for Burma attack plot

07-Jan-2017 Intellasia | Yahoo | 10:05 AM

Malaysia’s counter-terrorism agency has arrested a suspected Islamic State (IS) follower for planning to carry out attacks inMyanmar, top officials said. Ayob Khan [...]
» More

1MDB confirms appointment of Parker Randall as new auditor

07-Jan-2017 Intellasia | AFP | 10:04 AM

1Malaysia Development Berhad (1MDB) today confirmed the appointment of its new auditor – Parker Randall. The state sovereign fund chair Arul Kanda Kandasamy confirmed [...]
» More

Foreign Ministry: No M’sians involved in New York train crash

07-Jan-2017 Intellasia | | 10:04 AM

The Foreign Ministry has confirmed that no Malaysians were affected by the Long Island Rail Road (LIRR) commuter train crash inBrooklyn,New York, yesterday. In a statement [...]
» More

US ambassador-designate Kamala Lakhdhir arrives in Malaysia

07-Jan-2017 Intellasia | | 10:03 AM

United Statesambassador-designate toMalaysia, Kamala Lakhdhir has arrived in the country and assumed her position. This was confirmed in a statement issued by theUnited [...]
» More

Asian shares rise as US interest rates ease, China steps up yuan defense

07-Jan-2017 Intellasia | AP | 10:02 AM

Asian shares were mostly higher Friday as investors awaited the release later in the day of keyUSjobs data. KEEPING SCORE:Japan’s benchmark Nikkei 225 index lost 0.4 [...]
» More

The increasing interest rate differentiation among banks

07-Jan-2017 Intellasia | Dau Tu Tai Chinh | 10:01 AM

Although the capital demand on short, medium and long terms of the economy is very huge, it mostly relies on commercial banks. In order to have fund for lending, banks must [...]
» More

Smooth credit: SBV’s pressing task for 2017

07-Jan-2017 Intellasia | Bizhub | 9:59 AM

Prime minister Nguyen Xuan Phuc has asked the State Bank of Vietnam (SBV) to smooth credit growth over the year and ensure loans will go to right people and businesses. He [...]
» More

‘A matter of principle’: Indonesian President Jokowi comments on diplomatic rift with Australia

07-Jan-2017 Intellasia | AFP | 9:58 AM

Indonesian President Joko Widodo says his country andAustraliahave agreed to stay out of each other’s internal affairs. His comments came asIndonesia’s military [...]
» More

PM highlights science-technology role

07-Jan-2017 Intellasia | The Saigon Times Daily | 9:58 AM

Prime minister Nguyen Xuan Phuc has highlighted the crucial contribution of science and technology to the country’s socio-economic development at an online conference [...]
» More

Hanoi sets export growth target at 5pct

07-Jan-2017 Intellasia | Bizhub | 9:57 AM

The capital city plans a 4-5 per cent export growth compared with last year. The ambitious target was set despite difficulties faced by key export products, such as [...]
» More

Russia Offers Philippines Weapons And Close Friendship

Russia Offers Philippines Weapons And Close Friendship

07-Jan-2017 Intellasia | Huffington Post | 9:50 AM

Russiais ready to supply thePhilippineswith sophisticated weapons including aircraft and submarines and aims to become a close friend of the traditional US ally as it [...]
» More

Reference exchange rate drops 5 dong

07-Jan-2017 Intellasia | Reuters | 9:15 AM

The State Bank ofVietnamset the reference VND/USD exchange rate at 22,154 VND per USD on January 6, down 5 VND from January 5. With the current/- 3 percent VND/USD trading [...]
» More