Home 

Hong Kong’s New World Development takes advantage of Hangzhou land price curbs, wins plot for 9.8 billion yuan

Hong Kong property company New World Development took advantage of a newly introduced price cap to win a commercial-residential plot of land in downtown Hangzhou for 9.8 billion yuan (US$1.4 billion), a shade higher than the starting bid of 9.6 billion yuan, it said on Tuesday. The deal represents New World’s first foray into Hangzhou.The 93,364 square metre plot, the latest among nine sites the Hangzhou government is offering during a two-day auction, was also the first to be sold under the… Source link

Read More
Home 

Chinese maker of drones wins US clearance for new high-security models

China’s DJI Technologies, the world’s largest manufacturer of drones, announced on Tuesday that high-security drone technology on two new models had won clearance from US regulators.DJI, based in Shenzhen, said that its high-security drones, intended for government use and known as Government Edition, had received clearance from the US Department of the Interior, which is responsible for evaluating and approving drone technology for use across a wide range of applications.“The Department of… Source link

Read More
Singapore 

Thai influencer’s quirky video with Merlion wins hearts of netizens, Singapore News

A video of a woman taking a video with Singapore’s iconic Merlion has captured the hearts of netizens. The video was posted on Everyday SG’s Facebook page and has since garnered over 18,000 views. Many visitors to Singapore have taken on this popular pose with our national icon: However, a woman, who has been identified as Thai influencer Mayy R, did her own quirky take on posing with the Merlion. In the video posted on May 25, she pretends she is washing her hair with the water gushing from the statue’s mouth. มาถึงนี่ทั้งทีก็ต้องสระผมป๊ะจ๊ะ 💦💆🏻‍♀️…

Read More
Home 

Gold wins back its lustre as trade battles hit stocks

Gold is shining again as investors scramble for safety amid the widening global trade war.The price of gold has climbed nearly 5 per cent since May 21, while markets around the world fell. Last week was the best of the year for gold after US President Donald Trump surprised markets by threatening to raise tariffs on Mexico.It’s not all that surprising, because gold has often served as a safe haven when markets are tumbling. During the wrenching 2007 to 09 downturn, gold climbed 23.5 per cent… Source link

Read More
Singapore 

19-year-old Singaporean wins ju-jitsu world title, Singapore News

Ju-jitsu exponent Constance Lien was caught in a triangle-choke submission in the finals of the World IBJJF Championships, with just 20 seconds standing between the Singaporean and her dream of becoming a world champion. Lien, 19, was leading against Brazilian Jaine da Silva Fragoso, 21, in that final bout in Long Beach, California, on Friday morning (May 31, Singapore time). But, with her opponent’s arm restraining her neck, she had to hold on long enough to turn her dream into a reality. She told The New Paper through a phone…

Read More
Vietnam 

Viettel wins $27 million contract in Peru – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Bitel will help schools improve their services for the education and training sector in Peru. — VNS Photo HÀ NỘI — Bitel, a brand of Viettel Peru has won a US$27 million contract to provide information and technology infrastructure for 1,837 schools in Peru. Accordingly, Bitel would help the schools improve their services for the education and training sector in Peru. The project includes four packages and would be implemented in 25 cities and provinces in the country. This is the largest project which Bitel has won so far.…

Read More
Home 

Consortium of three developers wins bid for priciest land plot in Lohas Park, signalling bullishness on outlook

A consortium made up of Sino Land Company, K. Wah International Holdings and China Merchants Land beat out 10 rival bids to win the latest phase of the Lohas Park development, the project that could fetch the highest new flat prices in the community, the MTR Corp said on Thursday.“The winning developers have great experience in residential property development and sales,” said Thomas Lam, executive director of Knight Frank. “In the long term, the supply of residential land at MTR stations is… Source link

Read More
Home 

Tencent wins approval to distribute Nintendo Switch video game in China

China’s biggest game publisher Tencent Holdings has received approval to distribute a Nintendo Switch game on the mainland, paving the way for the Japanese video game maker to bring its latest console to the world’s biggest gaming market.Tencent has been given permission to distribute Nintendo’s “New Super Mario Bros. U Deluxe” game, according to an announcement on the website of Guangdong Provincial Department of Culture and Tourism on Thursday.Nintendo has submitted a request to the Chinese… Source link

Read More
Home 

Soho China wins libel case against Chinese blogger for claiming that its Zaha Hadid-designed Wangjing project is bad feng shui

Pan Shiyi, the founder of Soho China and an outspoken property developer with 20 million followers on his blog posts, has won a libel suit against a Chinese blogger who alleged that the bad feng shui in one of Soho’s projects is bad for tenants.Zhuhai Shengun Internet Technology, which operates a blog called “S. Shengunju. S”, was ordered by the Beijing Chaoyang District Court to apologise to Pan, and pay Soho 200,000 yuan (US$29,800) in compensation. The blog wrote that Pan’s Wangjing Soho… Source link

Read More
Home 

SCMP wins Citi’s 2019 Journalistic Award with story about Sichuan’s cockroach farm, complete with swallowing a deep-fried insect

South China Morning Post has won Citi’s 2019 Journalistic Excellence Award with its story about a facility in Sichuan province that farms 6 billion cockroaches for medicinal and environmental use. Liu Yujing’s article, first published in June 2018, involved a visit to Xichang, where the insects are being bred in a two-storey building to be turned into ulcer-curing drugs. Six tonnes of cockroaches are killed with heat, and their extracts turned into 600,000 bottles of healing potion every day… Source link

Read More