Archive for March 19th, 2019

Business Briefs 19 March 2019

19-Mar-2019 Intellasia | | 9:22 AM

* PetroVietnam Power Corporation (POW) is seeking to raise USS1.4 billion for its Nhon Trach 3 and 4 thermal power plants. POW will provide 30% of the capital and the [...]
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Asia markets extend rally as eyes turn to Fed meeting

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

Asian markets rose Monday as investors tracked a positive lead from Wall Street on optimism over the China-US trade talks, while attention turns to the Federal [...]
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Known for massive collection of Japanese books, Kinokuniya Liang Court to shut down after 36 years

19-Mar-2019 Intellasia | Coconuts Singapore | 6:00 AM

It’s the end of an era for the beloved Kinokuniya bookstore at Liang Court. After 36 years, the outlet at the Clarke Quay shopping mall will bring down its shutters for [...]
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HK faces commuter chaos after rare train collision

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

A train collision disrupted services in Hong Kong on Monday, threatening commuter chaos during rush hour in the heart of the Asian financial hub, authorities said. The rare [...]
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Politicians offer prescription for HK’s troubled public hospitals: more overseas doctors, fewer immigrants

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

The Democratic Party has called on authorities to improve Hong Kong’s public health care by hiring more overseas doctors without requiring them to take the city’s [...]
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HK truck driver escapes injury in Tolo Highway crash only to be killed moments later by GoGoVan vehicle

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

A Hong Kong driver narrowly escaped serious injury after losing control of his truck on Friday night, only to be struck and killed moments later by a van as he left the [...]
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FEATURE-Activists in HK and Taiwan feel heat as China fears ‘separatist’ collusion

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

As Beijing grows wary of pro-independence groups seeking to forge closer ties in Hong Kong and Taiwan, activists say they are coming under increased surveillance and [...]
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HK MTR trains collide near Central station during signal system trial

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

Hong Kong’s subway network, already slowed by a train crash overnight, suffered a further blow mid-morning Monday when a woman fell onto the track causing part of a [...]
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Stocks rise in HK, China as Shanghai tech board’s kick-off signals further liberalisation in the Chinese capital market

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

Equities rose in Hong Kong and China on Monday, as investors await the introduction of a bidding process that will allow technology start-ups to raise capital in Shanghai, [...]
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Cathay Pacific says budget airline would serve ‘unique market segment’

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

Hong Kong’s Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a “unique market segment” [...]
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Signalling system blamed for HK MTR collision was also behind 2017 crash at Joo Koon station on Singapore MRT

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

The signalling system believed to be at fault for Monday morning’s MTR train collision was also behind a crash on Singapore’s network that injured 38 people. Hong [...]
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HK engineers demand institution president quit as fallout from Sha Tin-Central link scandal continues

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

A group of Hong Kong engineers have demanded the head of their professional body be removed for his handling of a row over a construction scandal at the city’s most [...]
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Mainland Chinese and HK officials lied to UN Human Rights Council about city’s high degree of autonomy, activists say

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

Officials from mainland China and Hong Kong had lied to the UN Human Rights Council about the city’s high degree of autonomy being intact, activists said on Sunday [...]
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Central-Admiralty MTR suspension ‘may last into Tuesday’, HK’s rail operator says, after train crash

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

A key MTR link between two major stations on Hong Kong Island may not resume on Tuesday after services were knocked out by a train crash on the city’s subway network on [...]
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In July 1950, N Korea Defeated the United States Army. What You Need To Know.

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

If the only lessons of Task Force Smith was that inexperienced soldiers with poor training and equipment do poorly on the battlefield, or that a nation shouldn’t let [...]
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