Archive for December 18th, 2018

Business Briefs 18 Dec 2018

18-Dec-2018 Intellasia | | 9:44 AM

* Thanh Thanh Cong – Bien Hoa Company (SBT) has announced a plan to issue 44.47 million shares in a private placement. The sugar enterprise will sell the shares to [...]
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Malaysia’s Mahathir says no rights to recognise Jerusalem as Israeli capital

Malaysia’s Mahathir says no rights to recognise Jerusalem as Israeli capital

18-Dec-2018 Intellasia | Reuters | 6:23 AM

Malaysian prime minister Mahathir Mohamad on Sunday criticised Australia’s move to recognise West Jerusalem as Israel’s capital, saying countries had “no [...]
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Asian markets rise ahead of key meetings in China and US

18-Dec-2018 Intellasia | AFP | 6:00 AM

Asian markets mostly rose Monday as traders look ahead to a key meeting of the Federal Reserve, and a Chinese policy-setting conference this week. However, there is still [...]
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Mainland duo in toilet escape case not guilty as they helped fugitive Leon Li only after he got away from police, lawyer tells HK court

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Two mainland Chinese men accused of helping a suspect escape from police sparking a citywide manhunt last month had not committed any offences, their lawyer told a Hong Kong [...]
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HK finance chief Paul Chan expects bumper year for tourism and pledges support for sector amid US-China trade war

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s top financial official says the government will work to help the tourism sector keep growing as a major part of its efforts to stabilise the economy to [...]
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Time for HK workers to get reasonable 5.5 per cent pay rise says union chief, as she calls out companies for not sharing the wealth

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

A trade union chief has called on Hong Kong businesses to give staff a 5.5 per cent pay rise this year, and said workers had not benefited from the fruits of their own labour [...]
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HK ranked sixth most expensive city for expats to live in, while Turkmenistan’s Ashgabat takes the top spot

18-Dec-2018 Intellasia | AFP | 6:00 AM

The strengthening Hong Kong dollar has catapulted the city up to sixth on the list of the world’s most costly destinations for expats, up from No 9 last year, according [...]
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Government agrees to pay HK$300 million for HK’s biggest audit reform in a decade

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

The Hong Kong government has agreed to pay HK$300 million (US$38 million) towards the biggest overhaul of accountancy regulation in a decade. The money will enable the [...]
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Cyberbullying and child porn: new survey claims HK students are being targeted on social media as concern group urges government to act

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

More than 15 per cent of secondary school students in Hong Kong have been cyber bullied via social media apps, while about 10 per cent have been sent pornography, according [...]
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Cocaine seizures double at HK International Airport as dealers try to quench Christmas demand in city

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Drug syndicates have tried to smuggle more than HK$35 million (US$4.55 million) worth of cocaine through Hong Kong airport since October as dealers step up operations to [...]
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‘Idiot’ K-pop fans force airline to empty aircraftand then demand refunds

18-Dec-2018 Intellasia | The Telegraph | 6:00 AM

Three over-enthusiastic K-pop fans delayed a flight from Hong Kong to Seoul by mobbing the objects of their affection and then demanding to be allowed to get off the [...]
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Families of HK men jailed for life in Philippines on drugs charge vow to continue legal fight

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

The families of four Hong Kong men sentenced to life in prison in the Philippines on a drugs charge will decide on Monday whether to apply for a judicial review or appeal [...]
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HK police broke with protocol on body cameras at protests, rights group says

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

A human rights group has accused Hong Kong police of breaking with protocol on the use of body-worn cameras during two protest marches in July and October. Civil Rights [...]
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Former HK undersecretary for home affairs Florence Hui remembered as a good daughter, mother, wife, worker and devoted public servant at memorial service

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Friends, family, acquaintances and Hong Kong government officials past and present paid their last respects to former home affairs undersecretary Florence Hui Hiu-fai at a [...]
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11 suspected mainland Chinese scalpers arrested in HK for trying to sell tickets to Canto-pop legend Andy Lau concert at up to 61/2 times face value

18-Dec-2018 Intellasia | South China Morning Post | 6:00 AM

Eleven people from mainland China were arrested over the weekend in Hong Kong in an operation by plain-clothes police to tackle ticket touts at superstar Andy Lau [...]
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