China 

Shenzhen takes economic top spot – again – but Hong Kong is more liveable, study finds

Shenzhen was the most economically competitive city in China in 2018 for a fifth consecutive year but Hong Kong leads the pack in living environment, business environment and development sustainability, according to an annual ranking by a Beijing-based think tank.Shenzhen overtook Hong Kong as the most economically competitive Chinese city in the rankings for 2014 and has held on to the top spot since, with Hong Kong second.The list is compiled by the National Academy of Economic Strategy at… Source link

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Singapore 

NUS and NTU tie as Asia’s top university, Singapore News

Nanyang Technological University (NTU) has joined the National University of Singapore (NUS) in the top spot in Asia in an annual global ranking of universities that is read by educational institutions and governments. In the Quacquarelli Symonds (QS) World University Rankings released this morning, NTU rose by one position and NUS retained its rank from last year, to share the top spot in Asia and 11th place in the world. The Singapore Management University (SMU) climbed to 477th position from 500th last year. The top three institutions worldwide on the…

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China 

China’s top economic planner refuses to rule out playing rare earths card against US

China’s top economic planning agency has once again declined to rule out the use of rare earths as weapon against the US, as relations between the two sides continue to deteriorate.Meng Wei, a spokeswoman for the National Development and Reform Commission, told a press briefing on Monday that China, which makes up 90 per cent of the global supply of rare earths, was “promptly studying” measures to utilise the “special value of rare earths as a strategic resource”.These included steps to improve… Source link

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Property 

China takes top spot for private equity property investment in Asia in Q1, while Hong Kong finds itself in dogfight with India

Global private equity funds – the most agile investor in the cross-border real estate world – poured US$5.1 billion into China and Hong Kong property in the first quarter of this year, making the spots the top and third most favoured destinations respectively in Asia, according to Knight Frank.China absorbed US$3.6 billion of private equity capital in the first quarter while Hong Kong took in US$1.53 billion. By comparison, $1.56 billion went to second-placed India and $1.3 billion to Japan,… Source link

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Singapore 

How much does it cost to live near the top primary schools in Singapore?, Lifestyle, Singapore News

No matter how much the MOE tries to tell Singaporeans that “every school is a good school”, the fact remains that many parents stop at nothing to get their kids into what they perceive as the top primary schools in Singapore. When there are too many students trying to get into a school, the school will run a ballot, which is basically a lottery. At this point, the only thing that can give your child an edge is if you live within 2km of the school. In fact, the nearer…

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Home 

Hong Kong top destination for Chinese IPOs, but new Shanghai tech board poses threat, Baker McKenzie says

Hong Kong is the top destination for Chinese companies seeking to list their shares outside China so far this year, but could face a challenge for initial public offerings from Shanghai’s new technology innovation board, according to a new report by the law firm Baker McKenzie.Thirty-four Chinese companies have raised or are expected to raise more than US$6.8 billion in IPOs in Hong Kong in the first six months of 2019, including new listings by the drug maker Hansoh Pharmaceutical Group and… Source link

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Singapore 

New ERP rates for June 2019 – plus, the top 3 most expensive gantries to avoid!, Lifestyle, Singapore News

I have a love-hate relationship with the electronic road pricing (ERP) system in Singapore. On one hand, I understand its purpose in easing rush hour traffic jams. On the other… I really, really hate paying for it. So much so my husband likes to tell people that when he hears the IU beep, it’s like listening to the sound of (my) heart breaking. For the $0.50 kind – never mind, sua. But during super peak hours, some ERPs (for cars) can be as expensive as $6, which drives me nuts!…

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Vietnam 

Viettel should be in world’s top 10 telecom firms by 2025: PM – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Prime Minister Nguyễn Xuân Phúc presenting the Independence Order, first class, to Viettel. — VNS Photo HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has said he wants the Viettel Military Industry and Telecoms Group (Viettel) to strive to become one of the world’s 10 biggest telecommunications firms by 2025. Speaking at a ceremony marking the 30th anniversary Viettel’s founding in Hà Nội on Saturday, PM Phúc said the State has entrusted Viettel with the task of leading the country in the Fourth Industrial Revolution. Established in 1989 under the name Sigelco, the group…

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Home 

Chinese tariffs risk US$200 billion of US gas investments, may spoil America’s ambition to become top global exporter

China’s sharp retaliatory tariff hike on US liquefied natural gas (LNG) will make it challenging for US exporters to secure purchase commitments and project financing, analysts say.A 25 per cent tariff starting June 1 – up from 10 per cent in September – will make it uneconomical for Chinese buyers to import from the US, forcing US sellers to seek long term purchase commitments elsewhere, a prerequisite for getting project financing.The hike, part of Beijing’s retaliatory tariff increase on US… 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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