Vietnam 

Việt Nam urged to meet EU’s standards on agricultural products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Participants are introduced to advanced technology for agriculture at the Việt Nam-EU forum on sustainable agriculture. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam will have to address some challenges in order to fully grasp the benefits of the EU – Vietnam Free Trade Agreement (EVFTA) and its opportunities for the export of agricultural products. The statement was released by Head of Trade and Economic Affairs at the EU Delegation to Việt Nam Carsten Schittek at the Việt Nam-EU forum on sustainable agriculture held by EuroCham, the Ministry of…

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Vietnam 

Sugar firm to meet shareholders at end of month – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A storage of Sơn La Sugar JSC. The company plans to pay a 50 per cent dividend for making big profit in the financial year 2018-19. – Photo tinnhanhchungkhoan.vn HÀ NỘI — Sơn La Sugar JSC will hold its annual shareholders’ meeting for the financial year 2019-20 on September 26. Its financial year started on July 1 and ends on June 30 the following year. The company said total revenue in the last financial year was VNĐ890 billion (US$38.3 billion), 1.2 per cent lower than the full-year target. However, the post-tax profit…

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Vietnam 

ASEAN economic ministers meet in Thailand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Thailand’s Prime Minister Prayut Chan-o-cha (centre) and ASEAN ministers at the 51st ASEAN Economic Ministers’ Meeting (AEM 51) on September 6. — VNA/VNS Photo Ngọc Quang BANGKOK — The 51st ASEAN Economic Ministers’ Meeting (AEM 51) and related meetings officially opened in Bangkok on September 6, bringing together economic leaders from the 10 member countries of the Association of Southeast Asian Nations (ASEAN) and partner countries. Minister of Industry and Trade Trần Tuấn Anh led a Vietnamese delegation to the event, scheduled to last until September 10. In his…

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Home 

Meet the millennial entrepreneur behind China’s answer to Beyond Meat

Mooncakes, the widely popular Mid-Autumn Festival delicacy, will be getting a makeover in China this year, as a start-up’s plant-based ground meat is used as filling for the traditional cholesterol-packed treat.Chinese entrepreneur Lu Zhongming has formed meat alternative producer Zhenrou, in partnership with a research team from the Beijing Technology and Business University, that will introduce Suzhou-style mooncakes filled with plant-based meat ahead of the festival next month.While the most… Source link

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Home 

Hong Kong’s banks say they have adequate cash to meet demand, even as calls circulate online for protesters to empty out ATMs

Hong Kong’s biggest banks said they have enough currency notes on hand to handle any extraordinary increase in demand for cash, as calls circulated online for protesters to empty out automated teller machines (ATMs) to disrupt the banking system in Asia’s financial hub. HSBC, the largest of the city’s three currency-issuing banks, said it “has sufficient supply of banknotes and is committed to supporting its customers and the smooth operation of the financial system in Hong Kong,” according to… Source link

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Home 

Why the next Hollywood mogul will be Chinese – he’s there already: meet Starlight’s Peter Luo

Cliquey and closed off, Hollywood can seem a republic unto itself, where the only currency is name recognition, and all that matters is who is in your address book. This makes the story of Starlight Culture Entertainment all the more remarkable.Few among the showbiz elite know about company – which has offices in glitzy Beverly Hills, Hong Kong, and Hangzhou, China – but that is about to change.Under its chief executive, Peter Luo, Starlight has drafted production deals with 10 of the biggest… Source link

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Home 

Non-banking lenders step in to meet Australian property market’s funding requirements

Australia’s property market is seeing nonbank debt providers step in to plug a hole in funding left by big banks, whose lending is being hobbled by increased regulatory pressures and higher capital requirements.The pullback by banks leaves a gap in funding needs that is expected to increase to A$50 billion (US$35 billion) by 2023, according to MaxCap Group, an Australia and New Zealand commercial real-estate debt specialist. Melbourne-based MaxCap has more than A$2 billion of deals that it will… Source link

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Singapore 

Meet the most self-entitled pedestrian ever at Balestier Road, Singapore News

A pedestrian crossed the road despite the traffic light not being in his favour and got very cross indeed when a driver honked at him. Facebook page SG Road Vigilante – SGRV posted a video of the incident that occurred along Balestier Road on July 18, at around 5pm. In the video, a man can be seen crossing the road while using his handphone, despite the traffic light being red for him. An oncoming car honked at the pedestrian, which triggered him. The pedestrian made various angry gestures and appeared…

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Singapore 

Ghostbusting in Singapore: Meet the father-son duo banishing demons for a price, Singapore News

Anderson Lim clasped his hands tightly in a praying position as a spirit medium paced back and forth in front of him. Lim then chanted indistinctly as the medium set a paper doll – known as a “substitute” – on fire. The doll, dressed in a blue shirt that belonged to Lim’s brother, was part of a Taoist ritual performed to ward off bad luck. “Recently [my brother] had a very bad fall. He missed a step and his ankle was badly fractured. He was hospitalised for two weeks,” said…

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China 

China retailers plan to buy more imported goods to meet consumer demand

Chinese retailers and wholesalers plan to increase their purchases of imported products because demand for them among Chinese shoppers remains strong, according to survey results published by China’s Ministry of Commerce (Mofcom).Some 9.7 per cent of the 945 retail and wholesale firms that responded to the Mofcom survey said they would increase their consumer product imports in the next year, 2.5 percentage points higher than those planning to decrease their purchases.Of 1,059 consumers… Source link

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