Vietnam 

Vietnamese securities catch the eye of South Korean investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

In March Korean Investment Management bought a 5.08 per cent stake in Việt Capital Securities Joint Stock Company.  — Photo tinnhanhchungkhoan       Compiled by Thiên Lý                                                          The Vietnamese stock market now has many South Korean-owned securities companies following a series of acquisitions in recent years. In March Korean Investment Management bought a 5.08 per cent stake in Việt Capital Securities Joint Stock…

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Singapore 

‘He looked more dead than alive’: Ship captain who rescued Singapore man drifting in South China Sea for 4 days, Singapore News

The diving instructor was floating about 128km away from Singapore, said Mr Plugge. It took just 20 minutes for three crew members, including Mr Bazdan, to dispatch a rescue boat, lift Mr Low into the boat and on board the ship, and wheel him into an empty cabin. This was the Diogo Cao’s maiden voyage, and Mr Plugge had made it a priority to conduct multiple safety drills before the ship set sail on April 29, with all 15 crew members undergoing four “man overboard” rescue drills. Said Mr Plugge:…

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Home 

Trump’s tariffs could nip South Carolina florist’s business – and his daughter’s Guangdong trip – in the bud

Mike Green, who sells artificial flowers made of fabric and plastic, is one of countless small American business owners caught up in a trade war that threatens not only their livelihoods, but deep friendships and ties built over years with Chinese business partners.Much of Green’s business at Palmetto Designs International in Spartanburg, South Carolina, depends on China, the biggest US source for artificial flowers by far. Manufacturers in Guangdong province make the polyester and other… Source link

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Home 

Hong Kong ranks Asia’s No 4 business-friendly market after Thailand, South Korea and Japan

Hong Kong is the fourth easiest place do business in Asia, behind Thailand, South Korea and Japan, as compliance requirements has made the city less friendly to companies than before, according to a report by TMF Group, a global administrative services firm.But for mainland businesses looking to enter the Asia-Pacific region, Hong Kong can still play a role in helping them to reduce compliance complexity and costs, it said.“Compliance requirements are making it more intricate to do business… Source link

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Singapore 

Singapore beats Sweden, South Korea to top list of 176 as best country for children, Singapore News

For the second year in a row, Singapore has been ranked the top country in the world for a child to live in. The annual Global Childhood Report, to be released today by non-governmental organisation Save The Children, has the Republic beating eight Western European nations and South Korea – the only other Asian country in the top 10 list – to clinch the top spot out of 176 countries, in terms of providing healthcare, education, nutrition and protection for its children. Singapore scored 989 out of 1,000 in the…

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Singapore 

Lee Hsien Yang’s son Li Huanwu marries male partner in South Africa, Singapore News

PETALING JAYA – The grandson of the late Singapore prime minister Lee Kuan Yew, Li Huanwu, married his male “soul mate” in Cape Town, South Africa. This was revealed by Li’s partner, Heng Yirui, who made the announcement on his personal Instagram account on Friday (24 May). “Today I marry my soul mate. Looking forward to a lifetime of moments like this with (Huanwu),” said Heng in his post. The couple also sent photos of their wedding to Pink Dot Singapore, a non-profit movement against lesbian, gay, bisexual and transgender…

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Home 

South China Morning Post teams up with Statista on a quest to find the fastest-growing companies in the Greater Bay Area

South China Morning Post will team up with Statista, a German online statistics portal, to compile a list of the fastest-growing companies in the Greater Bay Area (GBA), part of the programme by one of Asia’s oldest English-language newspapers to shed light on the future economic powerhouse in southern China.The ranking will be based on a survey of companies located among the 11 cities that make up the Greater Bay Area, with the minimum 2015 revenue of 1 million yuan and 2018 turnover of not… Source link

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Home 

South Korean property boom fizzles out as investors balk at plan to remove tax incentives

Local and foreign investment in South Korean real estate dropped by nearly a third in the first three months of the year as Seoul announced plans to remove tax perks granted to the most common ­investment vehicles used by institutional investors.In the first quarter of the year, total foreign and local investment declined 31 per cent to US$4.44 billion from US$6.47 billion in the same period last year, data from Real Capital Analytics showed.Under the country’s current tax regime, real estate… Source link

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Vietnam 

Vingroup sell US$1 billion stake to South Korean firm – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vingroup and SK’s leaders at the agreement signing ceremony on Thursday. — Photo courtesy of Vingroup HÀ NỘI — Việt Nam’s real estate, tech and retail conglomerate Vingroup JSC (Vingroup) yesterday signed a billion dollar deal with the Republic of Korea’s SK Group. The South Korean technology and telecommunication firm will acquire 154.3 million primary shares in Vingroup and 51.4 million shares of the Vietnamese firm’s VinCommerce for VNĐ23.3 trillion (US$1 billion) or VNĐ113,000 per share. After the transaction, SK will own a 6 per cent…

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Vietnam 

First Overseas Vietnamese Economic Forum to be held in South Korea – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The Songdo Covensia Convention Centre in Incheon where the first Overseas Vietnamese Economic Forum will take place. — Photo thuonghieuvaphapluat.vn HÀ NỘI — The first Overseas Vietnamese Economic Forum (OVECOF) will take place at the Songdo Covensia Convention Centre in Incheon, South Korea from June 6-9. Organised by the Business Association of Overseas Vietnamese and the Vietnamese Business Association in South Korea (VIBAK),  the event is expected to attract 300 Vietnamese business people and hundreds of South Korean partners. The event will include exhibitions and other activities designed to promote trade, exchange and technology transfer, and build a network between domestic and overseas Vietnamese…

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