Archive for May 19th, 2020

THAI edges to bankruptcy court

19-May-2020 Intellasia | BangkokPost | 10:25 AM

The national state enterprise policy supervisor has proposed that loss-ridden Thai Airways International Plc (THAI) should file for bankruptcy to pave the way for a decisive [...] » More

Indonesia looks into report of another citizen dying aboard Chinese fishing ship

19-May-2020 Intellasia | JakartaPost | 10:18 AM

The Foreign Ministry said Sunday it would follow closely the case of an Indonesian crewman who allegedly died aboard a Chinese fishing vessel and was buried in waters near [...] » More

Govt to disburse social aid to 8.3 mln households

19-May-2020 Intellasia | AntaraNews | 10:16 AM

The Indonesian Government has promised to distribute social aid funds to 8.3 million beneficiary households that have been severely affected by the impact of the coronavirus [...] » More

Rough Week in Indonesia: 20 Pct of Coronavirus Cases Occur in Last Seven Days

19-May-2020 Intellasia | JakartaGlobe | 10:08 AM

New confirmed cases of coronavirus infection in Indonesia have been consistently high by averaging 535 in the last eight days until Monday, more than double the daily average [...] » More

22-month old baby in N. Sulawesi may be Indonesia’s youngest COVID-19 related death

19-May-2020 Intellasia | JakartaPost | 10:06 AM

A 22-month-old baby boy who tested positive for COVID-19 has died in Manado, North Sulawesi, the province’s COVID-19 task force announced on Monday. “Case 93, a baby from [...] » More

Indonesia exploring options to ease social restrictions

19-May-2020 Intellasia | JakartaPost | 10:05 AM

The government is using research and surveys to explore ways to ease its large-scale social restrictions (PSBB), an official has said. “We’ve reported several [...] » More

HK protests: student caught with petrol bombs jailed for a year while twin brothers get seven weeks for criminal damage

19-May-2020 Intellasia | South China Morning Post | 9:40 AM

Three Hong Kong men were on Monday jailed for up to a year for vandalism and weapons offences during anti-government protests last year, while 15 others appeared in court, [...] » More

US Secretary of State Mike Pompeo slams ‘spiteful’ Taiwan exclusion from World Health Assembly

19-May-2020 Intellasia | South China Morning Post | 9:36 AM

US Secretary of State Mike Pompeo has slammed the “spiteful” rejection of Taiwan to attend the World Health Organization’s annual meeting as an observer, [...] » More

China will deepen economic reforms as growth slows

19-May-2020 Intellasia | Reuters | 9:33 AM

China will open up more sectors to private firms and reduce direct government interference in microeconomic activities, the official Xinhua News Agency said on Monday, as [...] » More

China hits Australia with barley tariff in latest blow to relations

19-May-2020 Intellasia | Reuters | 9:30 AM

China added to tensions with Australia on Monday by announcing anti-dumping and anti-subsidy duties totalling 80.5 percent on Australian barley imports from May 19, which is [...] » More

Pompeo demands China reveal Panchen Lama ‘immediately’

19-May-2020 Intellasia | AFP | 9:29 AM

US Secretary of State Mike Pompeo on Monday demanded that China reveal “immediately” the whereabouts of the Panchen Lama chosen by the Dalai Lama, 25 years after [...] » More

Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault

19-May-2020 Intellasia | Reuters | 9:28 AM

Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and [...] » More

Softbank’s Son hopes ‘winged unicorns’ can save crumbling tech empire

19-May-2020 Intellasia | Reuters | 9:27 AM

SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of “winged unicorns” to save the performance of his $100 billion Vision [...] » More

HSBC, Citi speed up digital push to ward off Asian upstarts

19-May-2020 Intellasia | Bloomberg | 9:26 AM

Banks in Asia’s financial hubs such as HSBC Holdings Plc and Citigroup Inc. are finding that the disruption from the coronavirus outbreak is helping them push back on a [...] » More

Asia shares set to follow Wall Street rally on vaccine hopes

19-May-2020 Intellasia | Reuters | 9:25 AM

Asian shares were set to rise on Tuesday after data from an early-stage trial for a coronavirus vaccine lifted hopes for a near-term economic recovery, sending global equity [...] » More