Vietnam 

Customs sector fights fraud in goods origin – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Customs staff check goods during customs procedures. Photo tapchitaichinh.vn HÀ NỘI – The General Department of Customs has required the customs departments of provinces and cities to intensify inspections to fight origin-related fraud, violations of intellectual property (IP) rights and illegal transport of import and export goods. It has also instructed provincial and municipal customs agencies to supervise and control those issues according to existing regulations. The general department said that it has discovered an increase in trade fraud in connection with goods labelling and IP rights. It said relevant…

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Singapore 

Police investigating fake news being circulated about gang fights and activities in Singapore, Singapore News

SINGAPORE – The police are investigating recent text messages and videos alleging fights and activities between various gangs in different parts of Singapore, it said in a statement on Saturday (Aug 24). The text messages and videos also advised the public to stay away from the areas to remain safe. Some of the text messages being investigated also alleged that gang members would beat up those who refused to join their gang. In the statement, the police verified that none of the alleged incidents had occurred and assured the public…

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Money 

Chinese tycoon Li Jianhua fights daughter over Canada real estate fortune in lawsuits depicting knife violence, fraud and corporate turmoil

Tycoon Li Jianhua once planned to live next door to his daughter in Vancouver after he retired from a career that has brought him political prestige and great wealth in China.Two multimillion-dollar mansions were built on a steep and wooded hillside overlooking Vancouver and the Salish Sea, side by side in the exclusive British Properties neighbourhood.It was a fitting location for the former deputy in the National People’s Congress, China’s parliament – in a corporate profile he called himself… Source link

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Home 

Huawei first-half revenue surges 23 per cent as China telecoms giant fights off US tech ban impact

Huawei Technologies, the world’s largest telecommunications equipment vendor, said its revenue expanded by 23.2 per cent year-on-year in the first half of 2019, as the company battles the effects of being added to a US trade blacklist since mid-May.The Shenzhen company generated revenue of 401.3 billion yuan (US$58.3 billion) in the first six months of the year, up from 325.7 billion yuan during the same period in 2018, thanks to a sharp jump in smartphone shipments and robust demand for its 5G… Source link

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Money 

Vancouver fights back in tax battle over US$20 million property linked to Chinese billionaire NPC member Zheng Jianjiang

Vancouver’s municipal authorities are fighting back in court to collect a massive tax bill on a C$26.8 million (US$20.4 million) property linked to the Chinese billionaire parliamentarian Zheng Jianjiang.The seaside property, owned by Zheng’s wife, He Yiju, is on Belmont Avenue, one of the Canada’s most expensive streets. It was hit with the vacancy tax bill of C$249,313.67 (roughly US$190,000) in 2017, representing 1 per cent of the property’s value at the time.The house on the site was… Source link

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Singapore 

Man with recorder fights man wielding potted plant in Hougang, plays instrument when police arrive, Singapore News

SINGAPORE – A bizarre brawl took place around 2am on Monday (April 29) between two men along Hougang Avenue 9, near Ci Yuan Community Club. Student Lucas Oh, 18, who was eating at a nearby coffee shop at the time, filmed the incident and posted it in a series of clips on his Instagram account. In one clip, a man can be seen swinging a recorder at another man, who retaliates by swinging a tall potted plant back at him as bystanders look on. Both of them appear to miss,…

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Home 

Huawei fights back against claim in research paper that it is government funded and controlled

Huawei Technologies, the world’s largest telecoms equipment vendor, defended its independence on Thursday after a recent research paper questioned the company’s claim to be employee-owned, saying that the identity of the actual owners is unknown and may potentially include the Chinese government.Huawei was responding to a paper jointly written by Donald Clarke of George Washington University and Christopher Balding of Fulbright University Vietnam, which said Huawei is wholly owned by a holding… Source link

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Singapore 

Surgeon fights suspension for failing to give adequate medical leave, Singapore News

SINGAPORE – A hand surgeon who gave a foreign worker one day of medical leave and certified him fit for seven days of light duties after surgery is fighting against his conviction for professional misconduct. Dr Looi Kok Poh was handed a six-month suspension by a disciplinary tribunal which found that he had failed to give adequate medical leave to the patient, a 32-year-old Indian national who worked as a welder in a shipyard. On Monday (March 4), Dr Looi argued that the medical certification was justified, given the particular…

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China 

Beijing, pushing its electric vehicle market, is making it harder for start-ups to enter as it fights overcapacity

Mainland China’s new-energy vehicle (NEV) start-ups are getting a rude reminder from Beijing: prospects and the government’s push of the booming segment is not enough to secure a manufacturing licence. The National Development and Reform Commission (NDRC), the nation’s top economic planning agency, has promulgated new rules governing the production of electric vehicles, which are likely to cull a majority of small players to keep severe overcapacity in check. “China’s tougher rulers on building new electric vehicle (EV) plants are likely to cool the EV investment boom and may temper…

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Home 

Media magnate Stephen Shiu Jr fights back tears as he reveals defunct HMV’s US$38 million losses in Hong Kong

HMV Digital China chairman Stephen Shiu Jr fought back tears as he apologised to creditors and staff in Hong Kong for having to close down the 25-year old music retailer at a meeting on Thursday. The emotional tycoon revealed that the local unit of the iconic brand had suffered losses of HK$300 million (US$38.3 million) in just two years as it caved under the pressure of the digital downloads age. He also confirmed there were plans for a possible liquidation sale of the company’s remaining stock of CDs and DVDs…

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