China 

China’s leading scientists advised to keep a low profile in their work as US steps up pressure on tech firms

The top economic aide to China’s President Xi Jinping has told researchers at the country’s leading scientific institution to keep a “low profile”and stay down to earth.The comments by Vice-Premier Liu He were published on the website of the Chinese Academy of Sciences (CAS) on Monday but Friday’s visit was not reported in state media.His visit came amid a deepening “technology war” with Washington restricting exports of key components to China while Beijing blamed the US for trying to impede… Source link

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Singapore 

Gojek steps up fraud prevention measures to clamp down on ‘middlemen’, Singapore, Business News

SINGAPORE – Ride-hailing firm Gojek says it has taken steps to tackle the problem of fraudulent rides being offered through its platform, and will continue to strengthen its fraud prevention mechanism. Gojek said on Wednesday (June 19) that police have been investigating the issue since a report was made last month, adding that both the Indonesia-based company and the police have taken “significant actions” against unauthorised middlemen who have been offering cheap rides in Singapore. The Straits Times reported on Monday how at least two dozen “middlemen” have been actively…

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Home 

David Li Kwok-po steps down as chief executive at Bank of East Asia, hands over century-old bank’s reins to his two sons

David Li Kwok-po, the third-generation scion of the family that founded Hong Kong’s very first Chinese-owned bank, will step down as chief executive on July 1, according to a statement by the Bank of East Asia.Li, who turned 80 in March, will remain the executive chairman of the century-old bank, and keep his title as executive director. His two sons Adrian David Li Man-kiu and Brian David Li Man-bun will take over as co-chief executives, the bank said.“I have worked half a century, and am now… Source link

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Vietnam 

Government leader requests steps to develop automobile manufacturing – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  An automobile manufacturing line of the Trường Hải Automobile Joint-Stock Company at the Chu Lai-Trường Hải Industrial Complex in the central province of Quảng Nam. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Prime Minister Nguyễn Xuân Phúc requested that ministries, sectors and localities adjust their policies to speed the development of the automobile and support industries. In a report recently released by the Government Office – based on the proposals of the northern province of Ninh Bình, an automobile manufacturing hub – PM Phúc asked the ministries of Trade and Industry, and…

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Singapore 

How to save money while online shopping in 7 steps, Singapore, Women News

Online shopping not only offers an unparalleled level of convenience, but it can also give you savings that you might not enjoy if you shop in-store. You may have heard of some well-known hacks, such as signing up for first-timer discounts, or using referral promo codes, but these strategies have limited mileage. To enjoy consistent, reliable savings each time you tap the checkout button, follow these simple steps.   1. SIGN UP FOR SHOPBACK Photo: Instagram/shopbacksg Want to get cashback on everything from fashion to home furnishings to supplements to…

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Vietnam 

New steps to speed up replacement of magnetic strip ATM cards – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Workers at industrial parks in the southern province of Bình Dương gather at BIDV’s ATMs to withdraw cash. Commercial banks are required to increase the number of chip cards to 51 million by 2020 in order to completely replace magnetic cards by the end of 2021. — VNA/VNS Photo Huyền Trang HÀ NỘI — The National Payment Corporation of Việt Nam (NAPAS) has announced a fee reduction for its local switching system services with an aim to encourage banks replacing their current magnetic strip ATM cards with chip cards…

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Singapore 

Emergency abroad: Steps to take in case you need crucial medical assistance overseas, Singapore News

An overseas vacation is one of the activities many Singaporeans partake to reward themselves after working hard day and night. Now that you have a perfect itinerary in place, the last thing you wish for is a medical emergency during the trip. But if it happens, what can you do to avoid running around like a headless chicken? Here are some important steps to take to prepare yourself for medical emergencies abroad. 1. BOOK AN APPOINTMENT WITH YOUR DOCTOR BEFORE YOU LEAVE Photo: Unsplash Make it a habit to book…

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China 

China economy off to strong start in 2019 as stimulus steps offset trade war impact

China’s economy is off to a robust start this year, defying fears of a sharp slowdown, with Beijing’s pro-growth efforts successfully offsetting the effects of the trade war with the United States.China’s gross domestic product (GDP) expanded 6.4 per cent in the first quarter compared a year earlier, the National Bureau of Statistics reported on Wednesday, beating analysts’ expectations of 6.3 per cent growth and remaining at the top end of Beijing’s target growth range of 6.0 to 6.5 per cent… Source link

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Singapore 

Stroller wheels likely culprit behind collapse of Tampines 1 escalator steps, says mall, Singapore News

SINGAPORE – The steps of an escalator in Tampines 1 mall, which collapsed last Saturday evening (April 13) while four people were riding on it, were likely dislodged by the wheels of a stroller. Ms Maggie Chua, the mall’s general manager, told The Straits Times on Monday that the shopping centre’s management reviewed the closed-circuit television footage (CCTV), which showed that an unfolded stroller was on the escalator when the incident happened at about 9.40pm. “Wheels on a stroller may jam escalator steps, causing dislodgement and triggering the escalator to…

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Home 

China shouldn’t count on currency stability to last. Rather, it should take steps to make the yuan a safe haven

It’s a popular misconception in currency markets that the trend is your friend – investors should know nothing is ever taken for granted. Beijing will be very relieved about the yuan’s relative stability over the past few months, but it is not the end of the matter. With so much uncertainty in global markets right now, the worry is that it marks the calm before the storm, with a return to last year’s yuan lows near 7.0 against the US dollar not an unreasonable bet. Beijing still has its work……

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