Archive for January 11th, 2019

Business Briefs 11 January 2019

11-Jan-2019 Intellasia | | 3:45 PM

* Phuoc Hoa Rubber Company (PHR) made a pre-tax profit of VND622 billion in 2018, which beat the year’s target by 39.8%. Its revenue exceeded the year’s plan [...]
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Asian markets settle after rallying on US-China trade hopes

11-Jan-2019 Intellasia | AP | 6:00 AM

Asian markets were mostly lower Thursday as US and Chinese officials wrapped up three days of talks in Beijing without significant breakthroughs. KEEPING SCORE: Japan’s [...]
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HK, China stocks steady even as trade talks end without concrete results

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong and mainland markets bounced back to just about hedge earlier losses on Thursday, with traders seeming less than wowed by the results of three days of US-China [...]
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Asian markets retreat after rally, strong yen hits Tokyo

11-Jan-2019 Intellasia | AFP | 6:00 AM

Asian markets turned south Thursday as investors took a breather after rallying this week on optimism over China-US trade talks and the Federal Reserve’s softer tone on [...]
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Manhunt on for three burglars who stole HK$8 million in valuables from HK jewellery store

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

A citywide police search is under way for three burglars who broke into a Hong Kong jewellery shop and made off with an estimated HK$8 million (US$1 million) worth of [...]
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Plan to cut rebates for HK property owners may be dropped entirely, says Chief Executive Carrie Lam

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

The plan to cut rebates for Hong Kong’s property owners may be dropped, the city’s leader said on Thursday. Chief Executive Carrie Lam Cheng Yuet-ngor made the [...]
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HK minimum wage to jump to HK$37.50, in biggest rise since it was introduced

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Low-paid Hong Kong workers are set to benefit from the biggest increase yet in the city’s minimum wage, which will jump to HK$37.50 (US$4.80) an hour from May, after a [...]
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Elite HK divers abseil down tanker’s cargo hold in search for two missing Vietnamese sailors after fatal blasts and fire

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Elite rescue divers on Wednesday abseiled down a cargo hold of a listing tanker to search for two missing Vietnamese sailors, one day after explosions and a fire killed a [...]
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HK worker falls to his death from 26th-floor scaffolding

11-Jan-2019 Intellasia | Thestar | 6:00 AM

A worker fell to his death from scaffolding outside the 26th floor of a Hong Kong residential building on Wednesday, prompting local authorities to investigate whether he was [...]
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Pregnant Hongkongers urged to get whooping cough vaccine as number of cases in city almost doubles leaving some infants in intensive care

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Pregnant women should get the whooping cough vaccine so the effects can be passed to their babies, Hong Kong’s health authorities have said, after a large increase in [...]
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Take the reins on HK land supply, city leader Carrie Lam urged

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Official advisers have urged Hong Kong’s leader to head up a new committee for boosting land supply, saying the current system is not transparent and does not cover all [...]
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Lawmakers warned playing Chinese national anthem as tactic to disrupt HK legislature meetings risks breaking law under new bill

Lawmakers warned playing Chinese national anthem as tactic to disrupt HK legislature meetings risks breaking law under new bill

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Lawmakers playing the Chinese national anthem as a confrontational tactic in the Hong Kong legislature could be breaking the law under a newly proposed bill to criminalise [...]
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Carrie Lam ‘shocked’ as HK lawmakers criticise increase in age limit for elderly welfare payments from 60 to 65

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s leader deflected criticism from lawmakers on Thursday over an increase in the age limit for elderly welfare payments from 60 to 65, pointing out that they [...]
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‘King of Gambling’ Stanley Ho is sued by his nephew for HK$2 billion in unpaid share dividends

11-Jan-2019 Intellasia | South China Morning Post | 6:00 AM

Macau casino tycoon Stanley Ho Hung-sun, known as the “King of Gambling”, is being sued by his nephew for HK$2 billion (US$255 million) in unpaid shares [...]
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Taiwan selected world’s fifth most friendly country in 2018

11-Jan-2019 Intellasia | Focus Taiwan | 6:00 AM

Taiwan was selected the fifth most friendly country in the world in 2018 by customers of Booking.comone of the largest e-commerce travel companies in the globe. Erluanbi, the [...]
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