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Time is ripe for Huawei to launch an IPO, to address political and security concerns once and for all

Huawei, China’s leading telecoms and consumer electronics company, has dominated headlines in the past year. The company is at the centre of the economic conflict between the United States and China, and targeted by US policymakers for its alleged links to the Communist Party of China. The Commerce Department recently took the dramatic step of placing Huawei on its “entity list,” limiting its ability to buy critical US components.We are in no position to judge the veracity of the allegations… Source link

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Singapore 

Tips to spot hidden cameras in your hotel the next time you travel, Singapore News

Earlier this year, over 1,600 hotel guests were secretly filmed in their hotels and accommodations in South Korea. Tiny spy cameras were planted in hotels and rental houses in unsuspecting objects such as wall sockets, hair dryers and TV boxes. Police uncovered that the footage recorded was actually distributed online to users who subscribed for a fee. Although spy camera incidents have largely been discovered in South Korea, other travellers in different parts of the world (as far as Florida and Toronto) discovered illicit hidden cameras in their accommodation. Unfortunately,…

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Opinion | No US-China trade deal any time soon unless two key obstacles are overcome

Chinese President Xi Jinping (first left) and US President Donald Trump attend a working dinner with their teams after the G20 leaders summit in Buenos Aires, Argentina, on December 1, 2018. The trade truce that was declared after that meeting recently expired, with the US and then China raising tariffs on each other’s goods. Photo: Reuters Source link

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Singapore 

Driving under influence: 13 caught for third time or more over past 3 years, Singapore News

Over the past three years, 13 people were caught for their third or subsequent offence of driving under the influence of alcohol or drugs, figures from the Ministry of Home Affairs show in response to queries from The Straits Times. However, none was banned from driving for life despite their repeated defiance of the law. Under proposed changes to the Road Traffic Act, such individuals could face a lifetime ban from driving and double the current jail time if they are caught drink-driving for the third time or more. Road…

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Vietnam 

Petrol prices drop for the first time since March – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Petrol prices fell on Friday, the first decline following three increases totalling VNĐ3,500 per litre. — Photo vtc.vn HÀ NỘI — Petrol retail prices were reduced at 3pm on Friday, the ministries of industry and trade and finance jointly announced. The prices of RON 95-III fell by VNĐ592 per litre to VNĐ21,599 (US$0.92) and E5 RON 92 by VNĐ200 to VNĐ20,488. Diesel is VNĐ81 cheaper at VNĐ17,614 and kerosene, VNĐ203 lower at VNĐ16,422. The ministries also decided to reduce the use of subsidies from the petrol price stabilisation fund as…

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Vietnam 

Japan among top 10 importers of Việt Nam’s tra fish for first time – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Farmers harvest tra fish in the southern province of Đồng Tháp. — Photo vietnamplus HÀ NỘI — Vietnamese tra fish, a major foreign currency earner, has gradually won the trust of Japanese consumers as seen in the market’s emergence as one of the 10 biggest tra fish importers of Việt Nam. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), tra fish exports were estimated at USS$609 million  in the first four months of this year, up 4.2 percent from a year earlier. The figure included $11.54…

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Singapore 

5 best spa treatments to bring mum to for quality bonding time , Singapore News

Besides taking Mum shopping and to brunch, you can up the R&R factor of your Mother’s Day plans by booking one of these couple treatments. You’ll not only get to have some quality bonding time together, both of you can get some much-needed “me time” too. 1. MOOR MUD DETOX WRAP, $88 NETT PER PERSON, AT SPA RETREAT, ONE FARRER HOTEL   This pampering treatment relieves sore muscles, aches and pains – common complaints of mothers who spend so much of their time caring for the family. The natural vitamins, minerals…

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Singapore 

Singapore ‘playing for time’ in water dispute with Malaysia: Daim Zainuddin, Singapore News

Malaysian government adviser Daim Zainuddin has said neighbouring Singapore’s recent willingness to hold talks on the price it pays Kuala Lumpur for water – a long-standing sticking point – is a “major development” in the warming of ties after a diplomatic spat last year. However, he also believes the Lion City may be stalling for time as it heads towards self-sufficiency in its water supplies. In an interview with the South China Morning Post, Daim echoed conciliatory comments made by the leaders of the two countries at an annual retreat…

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Victor Li and Richard Li, the sons of Hong Kong’s richest man Li Ka-shing, work together for first time on heritage project

A newly refurbished heritage project in the tourist hotspot of Tsim Sha Tsui is the result of an unusual collaboration.The revamp of 1881 Heritage, a historical building that housed the former Marine Police Headquarters, involved the two sons of Hong Kong’s richest man Li Ka-shing and their companies working together on a project for the first time.Victor Li Tzar-kuoi, 54, and his younger brother Richard Li Tzar-kai, 52, on Wednesday co-hosted a ceremony with Chief Executive Carrie Lam Cheng… Source link

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Property 

Wheelock gets second time lucky, finds buyer for house in Asia’s priciest address after offering extra sweeteners

The developers of Mount Nicholson, Asia’s priciest address, have found a new buyer for a 7,978 square feet villa, four months after the previous buyer reneged on a deal.On Monday, Wheelock Properties sold House 16 at the ultra exclusive development on The Peak for HK$720 million (US$91.74 million), or HK$90,248 per square foot. It was also HK$1.88 million, or 0.3 per cent, cheaper than the cancelled sale.Wheelock did not identify the buyer.The new deal allows for the transaction to be completed… Source link

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