Archive for March 15th, 2019
Business Briefs 15 March 2019
* The management of FPT Retail Company (FRT) has proposed issuing 680,000 employee stock ownership plan (ESOP) shares, or 1% of the current number of outstanding shares. The [...] » More
Malaysia shuts 111 schools as poisonings become ‘more critical’
Malaysia has shut more schools after a suspected chemical leak last week left more than 200 children, teachers and others being treated for poisoning, its education minister [...] » More
Top HK church official who vowed to clamp down on sexual harassment quits after being accused of sexual harassment
A prominent Christian leader said he resigned as general secretary of the influential Hong Kong Christian Council “to avoid any unnecessary disturbance” after [...] » More
Solomon Islands oil spill worse than first thought, say owners of HK-flagged tanker, as three-mile-long slick threatens Unesco World Heritage site
The oil spill from a Hong Kong-flagged tanker that is threatening to destroy marine life at a Unesco World Heritage site in the Solomon Islands is worse than first thought, [...] » More
More than HK$2 million in valuables stolen in daylight robbery at HK jewellery store
A man stole more than HK$1.4 million in valuables from a Sham Shui Po jewellery shop in a four-minute broad daylight robbery on Thursday, sparking a police hunt. A spokesman [...] » More
Telecom, Ping An Insurance shares rise in HK; China stocks mixed on data showing continuing economic weakness
Hong Kong shares were flat while mainland benchmarks were mixed, as China released data showing continuing weakness in the economy, with industrial output slowing to its [...] » More
Outrage over dog euthanised after reaching HK on Thai cargo vessel
Hong Kong authorities have sparked outrage for killing a dog which had hitched a ride on a cargo vessel arriving from Thailand. On Wednesday evening, animal rights activists [...] » More
Complaint against school received months before teacher’s death… but case referred back to campus committee, HK education chief admits
Hong Kong’s education minister has confirmed that authorities received a complaint against a primary school months before a teacher there fell to her death. On [...] » More
Skyscanner the best website for cheap flights but savvy travellers should shop around, says HK consumer watchdog
Websites claiming to offer the cheapest tickets for air travel may not actually do so, and savvy travellers should shop around to get the best deal, Hong Kong’s [...] » More
N Korea Advertises Military Hardware on Twitter, YouTube, Defying Sanctions
Glocom is a front company for North Korea to sell sanctions violating military equipment. But, even after some tech companies clamped down, Glocom kept up its presence on [...] » More
Malaysian students defend Korea claims to ‘Dokdo’ islets
Students in Malaysia raised the issue of a group of disputed islets located between South Korea and Japan, during a visit by the South Korean first lady. Kim Jung-sook, who [...] » More
Retail success drives US beef’s growth in Korea
Korea is now second-largest international destination for US beef in volume and value. US beef exports climbed by more than $1 billion in 2018, reaching a record $8.33 [...] » More
Maintaining US-N. Korea dialogue momentum crucial
The Ministry of Foreign Affairs said Wednesday it expects tangible progress in North Korea’s complete denuclearisation and the establishment of a permanent peace regime [...] » More
Korean pension fund deals blow to Elliott in Hyundai fight
Elliott Management received a potentially fatal blow in its proxy fight to shake up South Korea’s Hyundai Motor Group on Thursday when major shareholder the National [...] » More
China delays UN bid to blacklist JeM leader as terrorist
China on Wednesday put on hold a request by Britain, France and the United States to add the leader of a Pakistan-based Islamist group behind a suicide attack in Kashmir to [...] » More
