Archive for April 13th, 2020

HK’s richest man made early Zoom bet that’s now worth $3 billion

13-Apr-2020 Intellasia | Bloomberg | 6:02 AM

Li Ka-shing built Hong Kong’s biggest fortune on old-fashioned real estate and infrastructure. It’s a bet on technology that’s paying off in the current [...] » More

HK ministers admit loopholes in wage subsidy scheme, but say the policy is still in the works

13-Apr-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong ministers on Saturday admitted there were loopholes in the HK$80 billion (US$10 billion) wage subsidy scheme as they had been thrashing out details to finalise a [...] » More

US Navy destroyer transits Taiwan Strait on same day as Chinese drills

13-Apr-2020 Intellasia | Reuters | 6:02 AM

A US Navy guided-missile destroyer sailed through the sensitive Taiwan Strait on Friday, the US and Taiwan militaries said, the same day that Chinese fighter jets drilled in [...] » More

Government reiterates support for struggling service businesses

13-Apr-2020 Intellasia | CNA | 6:02 AM

Taiwan’s government will focus on supporting struggling businesses in the services sector to get through the new coronavirus epidemic rather than distribute money [...] » More

Taiwan adds 3 imported coronavirus cases from the US and France

13-Apr-2020 Intellasia | Taiwan News | 6:02 AM

Taiwan confirmed three new Wuhan coronavirus (COVID-19) cases Saturday (April 11), bringing the total for the country up to 385, including six deaths and 99 patients who have [...] » More

Taiwan confirms 2 new cases of COVID-19 and one death

13-Apr-2020 Intellasia | Focus Taiwan | 6:02 AM

Two new cases of the new coronavirus disease (COVID-19) and one death were confirmed in Taiwan on Friday, bringing the total to 382 since the pandemic began late last year, [...] » More

Taiwan reveals email, blasts WHO of ‘dereliction of duty’

13-Apr-2020 Intellasia | CNA | 6:02 AM

Following the World Health Organization’s (WHO’s) rejection of Taiwan’s claims that it had warned the global health body that the novel coronavirus may be [...] » More

‘Cosplay democracy’: N Korea’s assembly holds rare meeting

‘Cosplay democracy’: N Korea’s assembly holds rare meeting

13-Apr-2020 Intellasia | Aljazeera | 6:02 AM

While much of the world is suspending its local elections and political gatherings to cope with COVID-19, North Korea will push ahead with a massive gathering of delegates [...] » More

Once the biggest outbreak outside of China, Korean city reports zero new coronavirus cases

Once the biggest outbreak outside of China, Korean city reports zero new coronavirus cases

13-Apr-2020 Intellasia | Reuters | 6:02 AM

The South Korean city of Daegu, which endured the first large coronavirus outbreak outside of China, on Friday reported zero new cases for the first time since late February, [...] » More

Exclusive: Inside Trump’s standoff with Korea over defense costs

Exclusive: Inside Trump’s standoff with Korea over defense costs

13-Apr-2020 Intellasia | Reuters | 6:02 AM

When US Defense Secretary Mark Esper rang his South Korean counterpart this week, he pressed for a deal quickly on defense cost-sharing that President Donald Trump expects [...] » More

Korea reports recovered coronavirus patients testing positive again

Korea reports recovered coronavirus patients testing positive again

13-Apr-2020 Intellasia | Reuters | 6:02 AM

South Korean officials on Friday reported 91 patients thought cleared of the new coronavirus had tested positive again. Jeong Eun-kyeong, director of the Korea Centers for [...] » More

Korean banks flock to Burma for ‘next big market’

13-Apr-2020 Intellasia | Yonhap | 6:02 AM

Major South Korean lenders are gearing to start business in Myanmar, hoping to sustain their momentum in the Southeast Asian region. Korea Development Bank, Industrial Bank [...] » More

Duty free giants withdraw from Incheon airport first time

13-Apr-2020 Intellasia | Yonhap | 6:02 AM

Duty-free operators, including local No. 1 Lotte Duty Free and runner-up Shilla Duty Free, have given up their preferred bidder positions for operation licenses at Incheon [...] » More

Huawei’s consumer business chief Yu eyes growth in 2020 in face of US and coronavirus pressures

13-Apr-2020 Intellasia | South China Morning Post | 6:02 AM

Yu Chengdong, chief executive of Huawei’s consumer business group, said he expects revenue at the unit to grow this year despite pressure from the coronavirus health [...] » More

Inside China Tech: A tale of two targets Huawei and Zoom

13-Apr-2020 Intellasia | South China Morning Post | 6:02 AM

Suspicious minds Chinese telecoms champion Huawei Technologies has a target on its back as far as Washington is concerned and the arrows have been flying thick and fast [...] » More