Archive for November 22nd, 2019
Business Briefs 22 November 2019
* The State Capital Investment Corporation (SCIC) has plans to sell all of its 51.4 million shares in Quang Ninh Thermal Power JSC, or an 11.42% stake. SCIC expects to get [...] » More
Asian shares skid on renewed US-China trade worries
Shares skidded Thursday in Asia, tracking moderate declines on Wall Street as anxious mounted over the possibility the US and China may not reach a trade deal before next [...] » More
Asia markets plunge on trade fears after US passes HK rights bill
Hong Kong led losses as Asian markets tanked on Thursday after US lawmakers passed a bill supporting the city’s civil rights, sparking fears it could derail delicate [...] » More
Poisoned Sumatran elephant found dead in Indonesia
A Sumatran elephant has been found dead from an apparent poisoning, an Indonesian conservation official said Thursday, in the second killing of the critically endangered [...] » More
Jokowi concentrates licensing power at BKPM, orders ministers to revoke 40 regulations
President Joko “Jokowi” Widodo has instructed the Investment Coordinating Board (BKPM) to process all forms of licensing in a move that is expected to [...] » More
3 terms in office for president? Proposals for more terms put forth at MPR
Proposals to revise constitutional provisions to increase the term of office for a president and vice president have been put forth at the People’s Consultative [...] » More
China interferes in election ‘every day’: President Tsai
Taiwan’s President Tsai says China interfering in Taiwan’s election ‘every day’ Taiwan President Tsai Ing-wen (蔡英文) on Tuesday (November 19) [...] » More
29 Taiwanese fraud ring members repatriated from Japan: CIB
A total of 29 Taiwanese suspects involved in cross-border telecom fraud in Japan have been repatriated to Taiwan pending an investigation, the Criminal Investigation Bureau [...] » More
Taiwan’s export orders down for 12th straight month in October
As global trade disputes have continued to affect demand, Taiwan, an export-oriented economy, saw its export orders falling year-on-year for the 12th consecutive month in [...] » More
China says Taiwan courting ‘disaster’ after election independence comment
The Chinese government warned self-ruled Taiwan on Thursday that it was courting “disaster”, after the running mate for President Tsai Ing-wen in January [...] » More
Legal capital levels set for foreign financial organisations
The government recently issued Decree No.86/2019/ND-CP regulating the minimum legal capital levels of foreign banks’ branches and credit institutions operating in [...] » More
HK human rights bill clears US Congress, is sent to Donald Trump to sign into law
The US House of Representatives on Wednesday approved the Senate’s version of legislation that could pave the way for diplomatic action and economic sanctions against [...] » More
Planes stay on the ground and protests bite, as HK Airlines struggles to beat financial woes
Up to a quarter of Hong Kong Airlines’ (HKA) 39 planes are no longer flying, shining a light on the scale of pressure from authorities to shrink its operations and cut [...] » More
HK rights bill clears US Congress, heads to Trump
US lawmakers overwhelmingly approved legislation Wednesday that supports human rights and democracy in Hong Kong and also backs the territory’s anti-China protesters, [...] » More
HK stocks pounded by expectations Trump will sign bill supporting city’s protesters, raising doubts on trade deal
Hong Kong stocks fell Thursday on expectations US President Donald Trump will sign legislation supporting the city’s pro-democracy protesters, threatening fragile [...] » More
