Singapore 

Students can wear masks in school if they want, given the haze situation, MOE assures parents, Singapore News

SINGAPORE – Students are allowed to wear masks in school if they want to, given the haze situation, the Ministry of Education (MOE) assured parents on Tuesday (Sept 17), even as many debated whether there was a need to. Even so, wearing an N95 mask is not necessary with the measures that will be in place in schools if the haze situation worsens, MOE said. This comes after a parent posted on Facebook that her daughter’s primary school allegedly did not allow her child to wear an N95 mask in…

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Home 

Allan Zeman says Hong Kong airport shutdown was necessary as the situation left management with no other choice

The decision to shut down Hong Kong International Airport was taken by management and approved by the government, according to Allan Zeman, a prominent businessman and one of 17 board members of the Airport Authority.Noting that board members were kept appraised of the situation via a board members’ website, he said that management had no other choice but to shut down one of the world’s busiest aviation hubs because of safety concerns.The decision to stop flights was taken because anti… Source link

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Singapore 

Otters stop traffic in CBD, Acres monitoring situation, Singapore News

Traffic came to a standstill outside International Plaza in Anson Road yesterday morning when a family of six otters decided to go for a walk along the road. A video of their escapade was posted on Facebook page Singapore Taxi Driver, which had about 1,000 shares as of last night. A man in a neon vest can be seen directing traffic away from the otters. After a while, the otters run to the pavement and into the bushes while a crowd of onlookers film them with their mobile phones. Animal…

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China 

China’s trade war-hit job market to be overseen by special task force to avoid ‘a massive jobless situation’

China’s increasing concern over unemployment due to the continuing escalation of the trade war with the United States and in the wake of recent high-profile lay-offs by the likes of Sony Mobile, Cisco Systems and Oracle has led Beijing to set up a special task force to monitor the country’s employment situation.The State Council Employment Work Leading Group is an upgrade from the previous interministerial coordination conference, and has a mission to “enhance leadership and coordination of… Source link

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Vietnam 

Positive signs in Việt Nam’s socio-economic situation: PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prime Minister Nguyễn Xuân Phúc speaks at a regular cabinet meeting in Hà Nội on Saturday.— VNA/VNS  Photo HÀ NỘI – Việt Nam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyễn Xuân Phúc told a regular cabinet meeting in Hà Nội on Saturday. PM Phúc noted with pleasure that a large number of new businesses were established while the country saw a record in attracting foreign direct investment (FDI) with many large-scale projects. The agriculture sector yielded bumper crops and…

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Singapore 

SilkAir operating Boeing 737 Max 8 planes as scheduled; monitoring situation following Ethiopian Airlines crash, Singapore News

SINGAPORE – SilkAir said its Boeing 737 Max 8 planes are operating as scheduled and that it is monitoring the situation closely following the crash of an Ethiopian Airlines plane on Sunday. The regional wing of Singapore Airlines (SIA) said on Monday (March 11) that it operates six Boeing 737 Max 8 planes – the same model as the Ethiopian Airlines plane which went down shortly after take-off on Sunday morning, killing all 157 people on board. A Lion Air plane of the same model crashed in Indonesia in October…

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Home 

The Middle East pivot to China and neighbouring markets is a win-win situation

Drawing the oil-rich Arab states towards the East, China’s geo-economic interests have taken on an interesting new dimension recently. As one of the fastest growing global economies today, dependable energy sources are crucial for keeping China’s 6 per cent growth sustainable. Having cut down on coal, China requires even more oil and gas and it now consumes 30 per cent of the global hydro-carbon supply.Possessing minimal domestic energy reserves, China is compelled to ensure a steady supply… Source link

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China 

Chinese investors ‘facing severe situation in the US’

Chinese firms have been warned that the investment environment in the United States is rapidly deteriorating in a report that also called for more government protection for the country’s increasing overseas interests. In its sixth annual report evaluating country-specific investment risks, the Institute of World Economics and Politics, a government think tank under the Chinese Academy of Social Sciences, ranked the United States investment environment as number 14 out the total of 57 countries, a drop of 10 places from a year ago. The institute also gave the world’s largest…

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Vietnam 

Experts discuss current situation of informal economy – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prof. Dr. Nguyễn Công Nghiệp speaks at a conference in Hà Nội on Thursday to discuss the informal economy.— Photo bnews.vn HÀ NỘI — Economists and managers gathered at a conference in Hà Nội on Thursday to discuss the informal economy. Prof. Dr. Nguyễn Công Nghiệp said that although the informal economic sector exists in all economies, the sector’s operation is particularly strong in developing countries due to incomplete legal frameworks, as well as weak inspection, supervision and…

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China 

Analysts warn China financial situation remains weak despite rise in bank lending

China’s financial conditions did not fundamentally improve in November even though banks greatly expanded their lending at the request of the government, analysts said. The People’s Bank of China continues to struggle to pump more money into the real economy even as the government has boosted its efforts to offset a slowdown of the economy due to the trade war with the United States. Banks in China issued 1.25 trillion yuan (US$181 billion) in net new loans in last month, nearly double the 697 billion yuan (US$101 billion) in new…

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