Archive for May 23rd, 2018

Business Briefs 23 May, 2018

23-May-2018 Intellasia | | 6:02 PM

* Viet jet Aviation Company (VJC) has announced June 29 as the ex-dividend date to pay a 2017 share dividend at 20 percent, meaning shareholders will receive two new shares [...]
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‘Crazy hope’ for missing kin in Philippines’ Marawi

23-May-2018 Intellasia | AFP | 8:02 AM

A year after jihadists invaded the Philippine city of Marawi, Alma Tome, Evelyn Powao, and Melgie Powao, still pray for the return of their missing husbands Ten men from the [...]
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Philippines’ Ayala looks to sell big stake in coal unit, turn to renewables

23-May-2018 Intellasia | Reuters | 8:01 AM

AC Energy Inc, part of Philippine conglomerate Ayala Corp (AC.PS), on Monday said it could sell a stake of up to 50 percent in its coal-fired energy unit, using funds from [...]
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Philippines misses most of 2017 labour targets

23-May-2018 Intellasia | Rappler | 8:01 AM

While the current unemployment rate has improved compared to previous decades, this is still behind the 5.1-5.4 percent target set in 2017 The Philippines improved in [...]
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Philippines takes ‘appropriate action’ over Chinese bombers in disputed South China Sea

Philippines takes ‘appropriate action’ over Chinese bombers in disputed South China Sea

23-May-2018 Intellasia | Reuters | 7:05 AM

The Philippines expressed “serious concerns” over the presence of China’s strategic bombers in the disputed South China Sea and its foreign ministry has taken [...]
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Vietnam says Chinese bombers in disputed South China Sea increase tensions

Vietnam says Chinese bombers in disputed South China Sea increase tensions

23-May-2018 Intellasia | Reuters | 6:53 AM

Recent activity by China’s strategic bombers in the South China Sea’s Paracel Islands seriously violated Vietnam’s sovereignty over the disputed territory, [...]
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Asian markets mostly down after trade deal euphoria

23-May-2018 Intellasia | AFP | 6:00 AM

Asian investors stepped back on Tuesday (May 22) after the previous day’s rally, with some scepticism over the China-US trade deal seeping in, while oil prices pushed [...]
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Manager at HK finance firm loses HK$14 million to man she never met in eight-year online love scam

23-May-2018 Intellasia | South China Morning Post | 6:00 AM

A financial professional has become Hong Kong’s biggest victim of internet romance scams, losing HK$14 million (US$1.8 million) to a con artist she had an online [...]
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HK Airlines makes move on Moscow

23-May-2018 Intellasia | Anna | 6:00 AM

Hong Kong Airlines launched flights between Hong Kong (HKG) and Moscow Vnukovo (VKO) on 18 May. The carrier will serve the 7,145-kilometre airport pair three times weekly [...]
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Alibaba’s newest initiative aims to make HK a global AI hub

23-May-2018 Intellasia | Tech Crunch | 6:00 AM

Alibaba is teaming up with SenseTime, the world’s highest-valued AI startup, to launch a not-for-profit artificial intelligence lab in Hong Kong in a bid to make the [...]
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Foreign media arrive in N Korea, suggesting nuclear shutdown on track

Foreign media arrive in N Korea, suggesting nuclear shutdown on track

23-May-2018 Intellasia | Reuters | 6:00 AM

About two dozen journalists from Western and Chinese news organisations arrived in North Korea on Tuesday to witness the closure of its nuclear test site, an indication that [...]
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Taiwan is not a pawn in Trump’s talks with China, says US envoy

23-May-2018 Intellasia | SCMP | 6:00 AM

Washington’s ‘ambassador’ stresses US support for island, but dismisses suggestion that US Marines would be sent to guard mission Washington’s de [...]
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Taiwan’s Population Will Decline By 2021: Why That’s Bad News For Its Tech-Led Economy

23-May-2018 Intellasia | Forbes | 6:00 AM

The Taiwan government predicts that its population will start declining as early as 2021. That’s because the birth rate has held at one of the world’s lowest for [...]
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Taiwan boosts domestic arms makers

23-May-2018 Intellasia | News.com.au | 6:00 AM

The US remains its main arms supplier, but Taiwan is increasingly looking to replace those deals with domestic production. Standing on his company’s sprawling campus in [...]
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Taiwan ‘angry’ over not being invited to WHO assembly

23-May-2018 Intellasia | AP | 6:00 AM

Taiwan’s health minister says the island feels “very angry” that it was not invited to the World Health Organization assembly in Geneva. Chen Shih-Chung [...]
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