Archive for November 22nd, 2019

Business Briefs 22 November 2019

22-Nov-2019 Intellasia | | 9:18 AM

* 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

22-Nov-2019 Intellasia | AP | 9:06 AM

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

22-Nov-2019 Intellasia | AFP | 9:06 AM

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

22-Nov-2019 Intellasia | AFP | 8:14 AM

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

22-Nov-2019 Intellasia | JakartaPost | 8:13 AM

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

22-Nov-2019 Intellasia | JakartaPost | 8:12 AM

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

22-Nov-2019 Intellasia | Taiwan News | 8:08 AM

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

22-Nov-2019 Intellasia | CNA | 8:07 AM

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

22-Nov-2019 Intellasia | TaiwanNews | 8:07 AM

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

China says Taiwan courting ‘disaster’ after election independence comment

22-Nov-2019 Intellasia | Reuters | 7:09 AM

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

22-Nov-2019 Intellasia | VNA | 6:02 AM

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

22-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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

22-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

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

HK rights bill clears US Congress, heads to Trump

22-Nov-2019 Intellasia | AFP | 6:02 AM

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

22-Nov-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong stocks fell Thursday on expectations US President Donald Trump will sign legislation supporting the city’s pro-democracy protesters, threatening fragile [...] » More