Home 

Not ‘typical foreigners’, says Raffles chairman as Singapore hospital operator bets big on China market

Patience is key to international companies cracking China’s health care market, the world’s second-largest, Dr. Loo Choon Yong, chairman of Singapore-based Raffles Medical Group, said on Saturday.Singapore’s largest private medical services operator, Raffles is betting on mainland China to drive growth amid muted prospects at home. It opened an 800 million yuan (US$119.09 million) fully owned and run hospital in the southwestern city of Chongqing in January, and expects to open a second one in… Source link

Read More
Singapore 

Maid stole more than $34k worth of items from Changi Airport Group chairman, his family, Singapore News

SINGAPORE – A maid was working for Changi Airport Group chairman Liew Mun Leong and his family when she stole more than $34,000 worth of items from them. They included luxury watches such as a $10,000 Gerald Genta watch, 115 pieces of clothing worth $150 each, as well as two iPhones with accessories valued at more than $2,000. After a 20-day trial, District Judge Olivia Low found Indonesian Parti Liyani, 45, guilty of four counts of theft on Wednesday (March 20). A fifth charge of being in possession of items,…

Read More
Vietnam 

Prime Minister welcomes Hong Kong-Việt Nam Chamber of Commerce Chairman – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prime Minister Nguyễn Xuân Phúc (right) meets with Jonathan Choi, Chairman of the Hong Kong-Việt Nam Chamber of Commerce. — VNA/VNS Photo Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc hosted Jonathan Choi, Chairman of the Hong Kong-Việt Nam Chamber of Commerce and President of Sunwah Group, in Hà Nội on Tuesday. The PM underlined the sound co-operation between Việt Nam and China – and particularly Hong Kong – in various fields such as the economy, trade, investment, tourism and culture. Choi expressed his pleasure at…

Read More
Vietnam 

VinaCapital Ventures names Việt Nam-born former German vice chancellor advisory board chairman – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — VinaCapital Ventures, the technology investment company of VinaCapital, on Friday announced the appointment of Dr Philipp Rosler, former German vice chancellor, as the chairman of its advisory board. Rosler will provide counsel to both VinaCapital Ventures and its investees. Born in Sóc Trăng Province, he was adopted at a young age and grew up in Germany. In 2011 he became vice chancellor and minister of economics and technology, and became actively engaged with and promoted the start-up community. He was…

Read More
Home 

Wharf Holdings chairman Stephen Ng hopes for a turnaround on improving Hong Kong property market

Hong Kong conglomerate Wharf Holdings is pinning its hopes on a rejuvenated property market in Hong Kong and China to drive growth this year, following a disappointing 12 months.“We are hoping to have a stronger year,” said Stephen Ng Tin-hoi, chairman and managing director of Wharf Holdings. “The market is seeing more transactions and price are stabilising.”The Japanese investment bank Nomura and S&P Global Rating expect Hong Kong property’s market to starting rising again after dropping for… Source link

Read More
Home 

Former Nissan chairman Carlos Ghosn walks out on bail after 108 days in prison

Carlos Ghosn walked out of a Tokyo prison on bail after 108 days in detention, vowing to fight allegations of financial crimes that could imprison the former Nissan Motor chairman for as long as a decade.Flanked by police officers and wearing a light blue baseball cap, face mask and glasses, Ghosn left the detention centre where he’d been locked up since his November 19 arrest. A Tokyo court on Tuesday granted his release and subsequently upheld its decision after an appeal by prosecutors. His… Source link

Read More
Home 

‘I am innocent’: Former Nissan Motor Chairman Carlos Ghosn to leave prison after more than 100 days in detention

A Japanese court on Tuesday rejected a last-minute attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling that the once-feted executive could be released on US$8.9 million bail after more than 100 days in detention.The Tokyo District Court, which had earlier granted Ghosn bail, said it had rejected an appeal by prosecutors who had sought to keep him in prison, pending his trial for financial misconduct.The ex-chairman of Nissan, Renault and Mitsubishi Motors… Source link

Read More
Vietnam 

Phạm Nhật Vượng quits Vinhomes’ chairman position – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Nguyễn Diệu Linh, new chairwoman of Vinhomes. — Photo ndh.vn Viet Nam News HÀ NỘI — Vinhomes Joint Stock Company, a member of property developer Vingroup, has appointed Nguyễn Diệu Linh as the new chairman of the board of directors, starting February 28. Linh has replaced billionnaire Phạm Nhật Vượng who recently resigned. He will remain a member of the board of directors. Born in 1974, Linh holds a bachelor’s degree in foreign languages and law, having worked for several law firms before joining Vincom Joint Stock…

Read More
China 

Huawei chairman Guo Ping shrugs off threat of US ban as company unveils foldable phone

Huawei’s rotating chairman on Sunday shrugged off the risk that US President Donald Trump could issue an executive order banning the Chinese telecom giant, saying the company could succeed without the US market.Guo Ping said such an order “is not necessary and should not be released” but if issued would have little impact on Huawei, which has become the leading supplier of the backbone equipment for wireless mobile networks worldwide.“In 2018 Huawei had revenues of over 100 billion dollars. The… Source link

Read More
Home 

Huawei is expanding in Canada despite arrest of CFO Meng Wanzhou in Vancouver, says chairman Liang Hua

Huawei Chairman Liang Hua said on Thursday the company was committed to increasing investment in Canada despite the arrest of its chief financial officer, Sabrina Meng Wanzhou, by Canadian police at the request of the United States last December.Liang spoke to reporters after the Chinese telecommunications company announced plans to expand its Canadian workforce by 20 per cent and increase research and development investment by 15 per cent this year.“We won’t change our approach on R&D… Source link

Read More