Vietnam 

Nghệ An Province eyes foreign investment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Nghệ An Province is working hard to create business-friendly conditions to woo foreign investors, local authorities say. VNS Photo Văn Châu NGHỆ AN – Four hundred foreign and local enterprises took part in a conference to promote investment in the central province of Nghệ An in HCM City on Friday. The north-central province has attracted 927 domestic and 53 foreign projects worth VNĐ276 trillion (US$12.1 billion) in the last 10 years, including a $1.2 billion dairy farm by TH Milk Food JSC, a VNĐ1 trillion high-tech pig farm by…

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Singapore 

Lewis Hamilton eyes Singapore F1 hat-trick through the haze, Singapore News

Lewis Hamilton will be hoping his march towards a sixth Formula One world title around the streets of hazy Singapore this week is not affected by smoke from wildfires raging in neighbouring Indonesia. The National Environment Agency is forecasting pollution at the “low end of the unhealthy range” for Sunday’s showpiece night race after dense smog last weekend. Formula One bosses are reported to have a contingency plan in place should the “highly changeable” air quality deteriorate, though the race weekend is still scheduled to go ahead as planned. Hamilton,…

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Singapore 

Video of woman burning puppy’s eyes with cigarette and breaking its limbs: SPCA appealing for info, Singapore News

The Society for the Prevention of Cruelty to Animals (SPCA) is appealing for information regarding a video of a woman burning a puppy’s eyes with a cigarette and breaking its limbs. Several Stompers alerted Stomp to the video that was circulating on WhatsApp. Due to its graphic nature, Stomp will not be publishing the video. SPCA published a post on their Facebook page at 1.08pm on Friday (Aug 30) which has since garnered over 3,100 reactions and over 3,700 shares. In response to a Stomp query, SPCA said: “There are…

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Home 

Huawei, ZTE expand share in global telecoms gear, but all eyes are on the second half amid trade tensions

Huawei Technologies and ZTE Corp have expanded their market share in the global telecommunications equipment market in the first half of this year, despite increased scrutiny about the security of their products and increased tensions in the US-China trade war.Shenzhen-based Huawei, the world’s largest telecoms gear supplier, saw its global share reach 28.1 per cent at the end of June, up from about 27 per cent at the end of December, according to a report on Thursday by California-based Dell… Source link

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Home 

Hong Kong developer Sun Hung Kai Properties appoints Communist Party member to board as it eyes mainland China expansion

Sun Hung Kai Properties has, with an eye on expansion in the “Greater Bay Area”, appointed Wu Xiangdong, a former executive director of state-owned developer China Resources Land, to its board effective September 1.The company, Hong Kong’s largest developer by market value, said Wu, 52, had been appointed as an independent non-executive director. He is widely expected to leverage his expertise to speed up its mainland Chinese property projects.“It is a clever move, as SHKP needs an expert with… Source link

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Vietnam 

German enterprise eyes solar power in Đắk Lắk – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Việt Nam – Germany strategic partnership is growing well in multiple spheres, in which economy, trade and investment are among important pillars. — VNA/VNS Photo Văn ĐIệp HÀ NỘI — Việt Nam’s Government always encourages the development and effective use of renewable energy sources. The statement was made by Deputy Prime Minister Trịnh Đình Dũng at a reception in Hà Nội on Wednesday for Weert Boerner, Deputy Head of Mission, German Embassy in Việt Nam, and some businesses from Germany who came to explore investment opportunities in renewable energy. The…

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Vietnam 

VN eyes modern and green FDI projects – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Intel’s chip factory at the Saigon Hi-Tech Park in District 9, HCM City. A decision issued by the Politburo says Việt Nam will prioritise FDI projects that employ modern and environmentally friendly technologies. — VNA Photo HÀ NỘI — In the next 10 years Việt Nam will place greater emphasis on selecting investments which employ modern and environmentally friendly technologies, according to Decision 50-NQ/TW, the first decision on foreign direct investment (FDI) investment issued by the Politburo on Wednesday. Investments which introduce efficient technologies that produce greater added-value and help integrate the…

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Home 

Shanghai insurtech start-up The CareVoice eyes Asia expansion after securing US$10 million funding

Shanghai-based insurance technology start-up The CareVoice has raised about US$10 million in a funding round led by Chinese investment management company Lun Partners Group, it said on Thursday.The company, which launched in Hong Kong last September and is present in mainland China, provides software to 15 insurance companies, including Ping An Insurance, China’s second-largest insurer, Zhong An Online P&C Insurance, the country’s first internet-only insurer, The People’s Insurance Company of… Source link

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Home 

Stocks Blog: All eyes on Huawei-related stocks after US extends 'blacklist' exemption

Good traders — Markets rallied overnight in the US, and its Commerce secretary extended some exemptions to do business with Huawei. We’ll be watching the mainland and Hong Kong markets closely, keeping you up on the latest moves and news and giving you insight from leading analysts. If you have any questions or feedback, please send them to deb.price@scmp.com . — Yujing Liu and  Srinivasan Iyer    Source link

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Home 

Hong Kong electricity provider CLP eyes China power distribution market, India’s renewables, says CEO

CLP Holdings, the larger of Hong Kong’s two power utilities firms, is eyeing opportunities to invest in southern China’s electricity distribution market, which has been partially deregulated to let private firms participate.It is also seeking to step up investment in India’s consolidating renewable energy sector and power transmission and distribution assets, chief executive Richard Lancaster told reporters as the firm reported a net loss that fell within expectations.“As the industry is going… Source link

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