Archive for February 15th, 2019

Business Briefs 15 February 2019

15-Feb-2019 Intellasia | | 9:10 AM

* Platinum Victory Pte Ltd, a subsidiary of Singapore-based Jardine Cycle & Carriage Limited and the second biggest foreign shareholder of Vietnam Dairy Products JSC [...] » More

Asian shares retreat as China, US begin trade negotiations

15-Feb-2019 Intellasia | AP | 6:00 AM

Asian stocks were mostly lower on Thursday as China and the US kicked off two days of trade negotiations in Beijing. Regional indexes have advanced for three straight days on [...] » More

HK’s Richest 2019: Fung Family Sees Notable Drop Off

15-Feb-2019 Intellasia | Forbes | 6:00 AM

Li & Fung CEO Spencer Fung has been steering his 113-year-old company through one of the roughest patches in its history. The company’s stock had fallen to a near [...] » More

Li Ka-shing Is $4 Billion Poorer, But Still Tops HK Rich List For 21st Year

15-Feb-2019 Intellasia | Forbes | 6:00 AM

Billionaire Li Ka-shing has retained his title as the richest person in Hong Kong this year, even though his net worth dropped by $4 billion. His personal fortune of $32 [...] » More

HK’s Richest 2019: Correction Fears Spook Property Markets

15-Feb-2019 Intellasia | Forbes | 6:00 AM

Over half of Hong Kong’s fifty richest owe their fortune to real estate, seven of whom are among the top ten wealthiest billionaires in the city’s rich list. [...] » More

HK’s Richest 2019: Kwok Sons Take The Baton

15-Feb-2019 Intellasia | Forbes | 6:00 AM

Following the death in October of billionaire property mogul Walter Kwok at age 68, his two sonsGeoffrey and Jonathaninherited their father’s fortune, including a stake [...] » More

Tsai: government will undertake 3 key tasks to bolster Taiwan’s SMEs

15-Feb-2019 Intellasia | Taiwan News | 6:00 AM

The President attended a New Year gathering for SME leaders Tuesday President Tsai Ing-wen attended a New Year gathering of national small and medium enterprises (SMEs) [...] » More

Beijing intensifies lobbying of Pacific nations to recognise Taiwan as part of One China

Beijing intensifies lobbying of Pacific nations to recognise Taiwan as part of One China

15-Feb-2019 Intellasia | ABC | 6:00 AM

Beijing has intensified its campaign to isolate Taiwan in the Pacific, pressing for the region’s peak diplomatic body to formally embrace a One China policy. Sources [...] » More

Taiwan’s China Airlines pilot strike grounds thousands of passengers during busy New Year holiday

15-Feb-2019 Intellasia | LATimes | 6:00 AM

A strike by pilots of Taiwan’s flagship international airline has left some 20,000 passengers without flights toward the end of a major holiday week as bargaining has [...] » More

Taiwan trims 2019 economic growth and export forecasts

15-Feb-2019 Intellasia | Gulf | 6:00 AM

Taiwan’s government trimmed its 2019 economic growth forecast yesterday, showing that slowing global expansion and weaker tech demand are denting the island’s [...] » More

US ‘does not support’ Taiwan holding referendum on independence: AIT

15-Feb-2019 Intellasia | Focus Taiwan | 6:00 AM

The United States does not support a referendum on independence, the US de facto embassy in Taiwan said Wednesday, in the wake of a proposal by a local pro-independence group [...] » More

Korean lawmaker won’t apologise for remarks on Japan’s Emperor

15-Feb-2019 Intellasia | Sraits Times | 6:00 AM

The speaker of South Korea’s Parliament said he had no intention of apologising for his comments about Japan’s emperor, suggesting the issue could continue to [...] » More

Rescue of 200 dogs destined for slaughterhouse begins in Korea

15-Feb-2019 Intellasia | SBS | 6:00 AM

A rescue operation to save hundreds of dogs in South Korea from the slaughterhouse began Wednesday, as pressure mounts on the country to end its custom of killing canines for [...] » More

Korea jobless rate jumps to 9-year high

15-Feb-2019 Intellasia | Reuters | 6:00 AM

South Korea’s unemployment rate jumped to a nine-year high last month as more people shunned low-paying work in the face of rising minimum wages, putting further [...] » More

N Korea exploring sanctions-proof energy technologies

N Korea exploring sanctions-proof energy technologies

15-Feb-2019 Intellasia | AP | 6:00 AM

Power-strapped North Korea is exploring two ambitious alternative energy sources tidal power and coal-based synthetic fuels that could greatly improve living standards and [...] » More