Archive for March 14th, 2019

Business Briefs 14 March 2019

14-Mar-2019 Intellasia | | 9:18 AM

* Imexpharm Corporation (IMP) has projected its pre-tax profit at VND220 billion this year, up 14.1 % compared to 2018. Its revenue is expected to rise 20% to VND1.45 [...] » More

Asian markets sink but pound edges up ahead of new Brexit vote

14-Mar-2019 Intellasia | AFP | 6:00 AM

Asian markets retreated Wednesday after two days of gains but the pound enjoyed a slight uptick after the previous day’s sharp losses as British officials looked to [...] » More

HK and China stocks tread lower as investors worry over economic outlook

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong and China stocks edged lower in early trading on Wednesday as uncertainties over the mainland’s economic outlook resurfaced. The benchmark Hang Seng Index [...] » More

HK bans Boeing 737 MAX from city’s airspace following Ethiopia crash

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong has banned Boeing’s 737 MAX jet from its airspace until further notice, finally joining more than 45 jurisdictions in imposing safety controls on the [...] » More

HK’s Cathay Pacific back to profit after two years in red

14-Mar-2019 Intellasia | AFP | 6:00 AM

Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion ($299 million) last year, ending two successive annual losses after a massive [...] » More

Village vandalism prompts police to investigate whether triads are trying to influence HK elections

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Vandals smashed the windows of three cars belonging to New Territories village heads in northern Hong Kong on Wednesday, prompting police to investigate whether gangsters [...] » More

British parliamentary committee urges London to ‘take action’ and monitor closely human rights in HK under 1984 joint declaration

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

A British parliamentary committee has urged London to “take action” and closely monitor guarantees of human rights for Hong Kong under the 1984 Sino-British Joint [...] » More

HK’s Cathay Pacific made $299 mn in 2018

14-Mar-2019 Intellasia | France24 | 6:00 AM

Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion ($299 million) last year, ending two successive annual losses as it embarks on a [...] » More

Cathay Pacific posts HK$2.3 billion profit for 2018 as HK airline turns corner

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Cathay Pacific recorded a HK$2.3 billion (US$293 million) annual profit for 2018, reversing two straight years of losses, with the core airline business making a HK$645 [...] » More

Short circuit triggers fire at Tsim Sha Tsui’s 1881 Heritage shopping centre, former site of HK Marine Police

14-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

A fire at a shopping centre in Hong Kong’s busy shopping district of Tsim Sha Tsui sent dense smoke billowing into the sky at lunchtime on Wednesday. Emergency crews [...] » More

Pork seized on Chinese vessel illegally fishing in Taiwan waters

14-Mar-2019 Intellasia | Focus Taiwan | 6:00 AM

About four kilograms of pork was seized on board a Chinese vessel caught illegally fishing in Taiwan’s waters Wednesday, along with its 6,000-km catch, according to the [...] » More

MAC’s Taiwan map omission angers Chinese netisens

14-Mar-2019 Intellasia | Marketing | 6:00 AM

US cosmetic company MAC has become the latest brand to irritate Chinese consumers by posting a map image which omitted Taiwan. In its latest promotional email celebrating [...] » More

Magnitude 5.1 earthquake rocks New Taipei

14-Mar-2019 Intellasia | Focus Taiwan | 6:00 AM

An earthquake with a magnitude of 5.1 on the Richter scale hit New Taipei in northern Taiwan at 4:19 a.m. Wednesday, according to the Central Weather Bureau (CWB). The [...] » More

Korea steps up fight against pollution, says problem is ‘social disaster’

Korea steps up fight against pollution, says problem is ‘social disaster’

14-Mar-2019 Intellasia | Reuters | 6:00 AM

South Korea on Wednesday ramped up its firepower as its battles pollution, passing a set of bills that designate the problem a ‘social disaster’ and which could [...] » More

N Korean threat of a rocket launch ‘catastrophic’ for diplomacy efforts, Korea adviser says

N Korean threat of a rocket launch ‘catastrophic’ for diplomacy efforts, Korea adviser says

14-Mar-2019 Intellasia | Fox News | 6:00 AM

A South Korean adviser warned Tuesday that North Korea risks “catastrophic” consequences for diplomacy efforts if they use the threat of a possible rocket launch [...] » More