Archive for April 19th, 2019

Business Briefs 19 April 2019

19-Apr-2019 Intellasia | | 9:42 AM

* An Phat Plastic & Green Environment JSC (AAA) is looking to VND10 trillion (US$431 million) in consolidated revenue. It will pay a cash diviend of 10% to 20% for [...]
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Asian markets in retreat ahead of Easter break

19-Apr-2019 Intellasia | AFP | 6:38 AM

Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive comments on the China-US trade talks and healthy Chinese [...]
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Asian markets down as global rally takes a break

19-Apr-2019 Intellasia | AFP | 6:38 AM

Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive comments on the China-US trade talks and healthy Chinese [...]
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WeWork pulls out of talks to take on more HK space- sources

19-Apr-2019 Intellasia | Reuters | 6:38 AM

US shared workspace group WeWork has pulled out of at least five negotiations to take on new space in Hong Kong this year, sources said, highlighting a cooling down of the [...]
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Vegas Sands report suggests settlement amount in Macau case

19-Apr-2019 Intellasia | AP | 6:38 AM

Financial documents suggested Wednesday that Las Vegas Sands Corp. paid $96 million to settle a 15-year breach-of-contract dispute with a Hong Kong businessperson who helped [...]
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Commentary: A spirit of pessimism hovers over HK, one of the least happy places in the world

19-Apr-2019 Intellasia | CNA | 6:38 AM

What is behind Hong Kong’s infamous reputation as one of the world’s unhappiest places? China commentator Tom McGregor takes a deep dive into the Pearl of the [...]
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As Beijing flexes its muscles, one HK politician is trying to spread Canadian values

19-Apr-2019 Intellasia | NationalPost | 6:38 AM

Alvin Yeung absorbed liberal notions during a youth spent in Canada ideas he is now trying to disseminate in a less tolerant system Alvin Yeung doesn’t mince words [...]
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Shenwan Hongyuan prices HK share offer at bottom of range, raises $1.2 billion-sources

19-Apr-2019 Intellasia | Reuters | 6:38 AM

Chinese securities firm Shenwan Hongyuan Group Co Ltd has priced its Hong Kong share offering at the bottom end of a marketed range, raising $1.16 billion, two people with [...]
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Police arrest 410 in major triad operation targeting gang that was making HK$500,000 a day from crime

19-Apr-2019 Intellasia | South China Morning Post | 6:38 AM

More than 410 people have been arrested in a major police crackdown on a Hong Kong triad gang that controlled 15 gambling dens, 14 vice establishments and four unlicensed [...]
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Andy Hui cheating scandal: Macau issues privacy warning to cabbies

19-Apr-2019 Intellasia | South China Morning Post | 6:38 AM

Macau has warned taxi and hire car drivers not to illegally install recording equipment inside their vehicles, after a video of Hong Kong superstar Sammi Cheng [...]
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‘Flying carpet’ automatic parking platforms to free up space and cut costs, HK’s Urban Renewal Authority chief says

19-Apr-2019 Intellasia | South China Morning Post | 6:38 AM

Car platforms resembling flying carpets that automatically park vehicles could cut fees and vastly expand space, Hong Kong’s urban renewal chief said on Thursday while [...]
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Unregistered voters, Wi-fi woes led to long wait for Indonesian workers at polling stations in HK: election official

19-Apr-2019 Intellasia | South China Morning Post | 6:38 AM

A report on an incident involving migrants who stormed a polling station on Sunday in Wan Chai, after voting for Indonesian elections had closed, has been sent to Jakarta, [...]
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US’ new arms sales will boost Taiwan combat capabilities: Tsai

US’ new arms sales will boost Taiwan combat capabilities: Tsai

19-Apr-2019 Intellasia | Focus Taiwan | 6:38 AM

An approved arms sale of $500 million by Washington to Taipei will strengthen Taiwan’s overall military capabilities, President Tsai Ing-wen said Wednesday during a [...]
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Strong 6.1-magnitude quake hits Taiwan, shakes buildings in Taipei

19-Apr-2019 Intellasia | AFP | 6:38 AM

A 6.1-magnitude earthquake jolted Taiwan on Thursday, the US Geological Survey said, disrupting traffic and injuring 17 people. In the capital Taipei, highrises swayed while [...]
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Strong quake hits east Taiwan, rattles buildings in capital

19-Apr-2019 Intellasia | Wral | 6:38 AM

A strong earthquake shook eastern Taiwan on Thursday afternoon, causing scattered light damage in the capital and along the eastern coast. The 6.1 magnitude quake was [...]
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