Vietnam 

Telecom firms add more transceiver stations to meet demand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

HCM CITY — Telecommunications companies are improving their services to meet the demand for livestreaming, watching online television shows and playing online games. The country has 64 million subscribers using the internet, including 99 per cent watching livestreaming, 55 per cent watching online TV shows, and 53 per cent playing online games, according to a report from the group We Are Social Organisations. YouTube, Facebook, Facebook Messenger, Zalo and Instagram are the most used platforms. They all provide livestreaming and sharing of photo and videos, which all use up a…

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Vietnam 

ACB becomes seventh bank to meet Basel II standards – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The central bank has allowed ACB to apply Basel II from this month. Photo ACB HÀ NỘI — The Asia Commercial Bank (ACB) late last week was officially given approval from the State Bank of Việt Nam (SBV) to apply Basel II standards, raising the number of Vietnamese banks meeting the global norms ahead of the SBV’s schedule to seven. According to the SBV’s decision, all of ACB’s activities have started to follow Circular 41/2016-TT/NNNN regulating the application of Basel II standards since this month. Basel II is the second…

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Singapore 

Meet the Singaporean immigrants taking a bite out of the Big Apple, Singapore News

How far would you travel for crabs slathered in black pepper and spicy sauce, an experience that requires more napkins than you have hands, and is likely to blemish your clothes? If the crowds flocking to Yummy Tummy in Queens, New York City – despite no subway access – are any indication, people are happy to go the extra mile for one of Singapore’s most loved dishes. Long lines form outside the restaurant, especially on the evenings and weekends. Patrons come from all over New York and beyond, lured by…

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Singapore 

Pioneer cabin crew and pilots meet up after 50 years, Singapore News

SINGAPORE – Former air stewardess Eunice Chua had one of the biggest shocks of her life when she showed some compassion to what appeared to be a down and out passenger on one of her earliest flights. Madam Chua spotted the middle-aged Chinese man on a plane from Kuala Lumpur to Kuantan in 1962 sporting a pair of worn-out canvas shoes. The ex-Malayan Airways air hostess had poor eyesight but was able to make out that her passenger’s toes were sticking out of holes in his shoes. She felt sorry…

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Meet the man behind one of China’s biggest agricultural drone makers

On a road trip through Xinjiang in 2012, Peng Bin saw how ageing farmers laboured in vast cotton fields with heavy tanks of pesticides strapped to their backs, spraying the chemicals without any protection.“I could smell the acrid stench of pesticide from afar and I thought maybe my unmanned aircraft could help,” said Peng, 37, founder and chief executive of XAG, one of China’s biggest makers of agricultural drones. “At least drone spraying would limit the farmers’ exposure to the chemicals.”It… Source link

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Singapore 

Meet the young Singaporean man who’s a voluntary toilet inspector, Singapore News

Derek Cheung, 23, spends his free time at shopping malls and food courts. But not to shop or eat. Cheung is a volunteer with the Restroom Association of Singapore (RAS) and conducts random spot checks at toilets to ensure the standards of cleanliness are maintained.  The Restroom Association of Singapore is a non-profit organisation founded by a man proudly known as ‘Mr Toilet’, Jack Sim, in 1998. A video published by the Singapore Kindness Movement on Monday (March 25) follows Cheung as he takes time after work to conduct his checks.…

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Singapore 

SingPost fined record $300,000 for failing to meet service standards in 2018, Singapore News

SINGAPORE – SingPost has been fined $300,000 for failing to meet standards on the delivery of local and international basic letters and registered basic mail in 2018, its highest fine to date. The fine by the Infocomm Media Development Authority (IMDA) on Friday (March 29) is triple the penalty SingPost received in February for failing to meet regulatory standards in 2017. SingPost had 20 incidents of non-compliance in 2018, compared to nine in 2017, IMDA said in a statement. There were also repeated failures last year – some of which…

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Vietnam 

Enough petroleum supply to meet domestic demand: Ministry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The domestic petroleum supply should meet local consumption demands. — Photo congthuong.vn Viet Nam News HÀ NỘI — The Ministry of Industry and Trade has said domestic petroleum supply is able to meet local consumption demand. According to a press release issued on March 26, large petroleum trading companies and some departments of industry and trade have reported that companies have provided enough supply for the local market. Companies have also committed to ensuring petroleum supply for domestic production, business and other consumption activities via their retail…

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Home 

China needs 30 times its outsourcing capacity to meet demand created by drug pricing reform, says Wuxi Biologics boss

China will need 30 times its current outsourced manufacturing capacity for biological drugs, according to Chris Chen Zhisheng, chief executive of Wuxi Biologics, its largest drugs development and manufacture outsourcing company.“Under the Chinese government’s recent drug pricing reform policies, aimed at driving generic drug makers to put more resources in innovative drugs development, outsourcing demand will rise,” Chen said on Tuesday. “China’s contract outsourcing market is only tiny partly… Source link

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Home 

Meet the Chinese property developer that reckons it can take on Tesla

A Chinese property developer known for its investments in everything from soccer clubs to spring water companies is taking on Elon Musk in the electric vehicle (EV) arena, declaring it can be the biggest manufacturer in the world within three to five years.China Evergrande Group, the country’s second largest property developer, has been moving further away from its real estate roots for years, but this may be its boldest departure yet. The firm said in a statement on its website on Tuesday that… Source link

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