Archive for March 20th, 2019
Hong Kong Expands Use of Cavern Service Reservoirs to Free Up Land
The Water Supplies Department (WSD) of the Government of the Hong Kong Special Administrative Region is considering to relocate the Diamond Hill Fresh Water and Salt Water [...] » More
Business Briefs 20 March 2019
* Phat Dat Real Estate Development Company (PDR) will show shareholders a plan to issue 20 million shares at a price not lower than VND25,000 each to raise VND500 billion for [...] » More
Asian shares mixed in muted trading ahead of US Fed meeting
Asian shares were mixed in muted trading Tuesday as investors awaited the US Federal Reserve meeting later in the week. Japan’s benchmark Nikkei 225 lost nearly 0.1 [...] » More
Asian rally stalls before Fed meeting, pound rebounds from losses
Asian markets mostly fell Tuesday as investors bide their time until the Federal Reserve’s latest policy meeting, while the pound fought back against the dollar after [...] » More
HK’s limited partnership regime may attract funds to set up domicile, boosting city’s role as Greater Bay Area private equity hub
The Hong Kong government’s legal infrastructure to promote the city’s private equity industry may just work, encouraging more funds to set up domiciles locally [...] » More
This HK start-up gives flat owners a hassle-free way to tap the co-living trend
In crowded Hong Kong, co-living operators have made good business matching the needs of renters and landlords around shared living concepts involving big spaces. But a new [...] » More
Singapore, HK and Paris jointly ranked world’s most expensive cities
Singapore remains the world’s most expensive city to visit and live in, according to the latest Worldwide Cost of Living Survey by the Economist Intelligence Unit [...] » More
Taiwan to benefit from Japan’s move to boost island defense capabilities
The fortified island chain will help Taiwan’s defense in any cross-strait conflict scenario Japan is poised to boost its defense capabilities with the inauguration of [...] » More
Korea radar and thermal camera system warns ‘smartphone zombies’ of traffic
A city in South Korea, which has the world’s highest smartphone penetration rate, has installed flickering lights and laser beams at a road crossing to warn [...] » More
Hyundai invests $300 mn to help India’s Ola battle Uber
Indian taxi-hailing company Ola has secured a $300 million investment from South Korean car giant Hyundai, the firms said Tuesday, providing a major boost in its fight [...] » More
Time for N. Korea to take concrete steps: Moon adviser
North Korea should take “actual action” towards giving up its nuclear weapons to break the deadlock in talks with Washington, a top security adviser to the [...] » More
Seoul aims to end nuclear deadlock between N Korea, Washington
As talks between Washington and Pyongyang on denuclearisation appear to have stalled after last month’s summit between President Donald Trump and North Korean leader [...] » More
Two US senators complain of slowing sanctions on N Korea
Two senior US senators called on Monday for the Trump administration to correct a slowing pace of US sanctions designations on North Korea, saying there had been a marked [...] » More
Foot and mouth disease spreads to the whole of the Korean peninsula
In the wake of the South Korean government’s battle to prevent the spread of foot-and-mouth disease following an outbreak in three farmhouses in the cities of Anseong [...] » More
US announces plan for new ‘exascale’ supercomputer but timeline may fall behind China’s schedule
The supercomputing race between the world’s two largest economies escalated on Monday after the US unveiled plans for its first machine to cross the [...] » More
