If the two largest economies of Asia are at daggers drawn,
the consequences cannot be conducive to peace and prosperity. Japan has to take
steps to assuage the wounds of the past with China.
When someone shares with you something of value, you have an obligation to share it with others.
Tuesday, 7 June 2016
Saturday, 4 June 2016
Forget Pearl Harbour, Abe should go to Nanjing
If the two largest economies of Asia are at daggers drawn,
the consequences cannot be conducive to peace and prosperity. Japan has to take
steps to assuage the wounds of the past with China.
Friday, 3 June 2016
Why Japan should apologise to neighbouring nations
Instead of urging the US to apologise, Japan owes Hong Kong
an apology for the terrible atrocities it committed during World War II.
Wednesday, 1 June 2016
Mitsubishi Materials, Chinese WWII slave workers reach deal
Mitsubishi Materials Corp., one of dozens of Japanese companies that used Chinese forced laborers during World War II, reached a settlement with thousands of victims on Wednesday that includes compensation and an apology.
AP
AP
Dormitory operator fined $300,000 for housing more workers than allowed in facility
A dormitory operator was fined $300,000 on Tuesday (May 31)
for housing foreign workers in an overcrowded dormitory, contravening the
Employment of Foreign Manpower Act (EFMA).
Wednesday, 25 May 2016
When running wears out the knees
Medication can stop pain, inflammation; more serious injury
may require surgery
Housing crisis in China’s ‘Silicon Valley’: Huawei, other hi-tech giants head for cheaper cities as rising costs deter talents
Home prices in Shenzhen surged almost 50 per cent last year
and are now more than double those in provincial capital
Tuesday, 24 May 2016
China tycoon saves Australia lambs to show perks of foreign cash
When biting winter winds whip through the paddocks of the
170-year-old Lal Lal sheep farmin Australia's central Victoria this year, a
Chinese wool tycoon will be trying to help revive an ailing industry. He's also
hoping to overturn scepticism toward foreign investors.
Saturday, 21 May 2016
US, China closer on South China Sea issues than they appear
When big countries reach agreement, small countries may pay
the price, says Ambassador-at-large Bilahari Kausikan in a speech he delivered
in Tokyo this week. The excerpt below includes notes prepared in anticipation
of questions.
Tuesday, 17 May 2016
China at an inflection point: what's in it for Asia?
China’s size and promise have long enthralled the world. The
dream of penetrating China's market was colourfully captured in the words of a
British commentator in the 1840s: "If we could only persuade every person
in China to lengthen his shirt-tail by a foot, we could keep the mills of
Lancashire working around the clock." Well, war, revolution, and central
planning quickly laid to rest that fantasy.
Lawyers in Dallas Buyers Club action face punishment
The Law Society of Singapore (LawSoc) will be going after
two former lawyers of the legal firm representing United States film studio
Dallas Buyers Club LLC, following a complaint lodged last year on their conduct
in civil claims against illegal downloaders of the movie.
Thursday, 12 May 2016
Taiwan enters South China Sea legal fray, as group seeks to sway court on Philippines-China spat
A Taiwanese group has intervened in the Philippines'
international court case against China's claims in the South China Sea,
pressing Taipei's position that Taiwan is entitled to a swathe of the disputed
waterway as an economic zone.
Wednesday, 11 May 2016
Johor's EduCity drawing Singaporean students
For decades, scores of Malaysian children have been boarding
crowded buses daily at unearthly hours to come to Singapore to attend schools
here.
Sunday, 8 May 2016
New TechSkills Accelerator to help Singapore develop 'world-class' ICT workforce
The TechSkills Accelerator (TeSA), a skills development and
job placement initiative introduced during this year's Budget, will be the "umbrella
framework" for information and communications technology (ICT) related
training programmes and career development for all ICT professionals - and will
help Singapore develop a "world-class ICT workforce".
Ex-BSI banker received 'secret profits' of US$4m: prosecutor
Former BSI private banker Yeo Jiawei allegedly received
"secret profits" of about US$4 million when he was with the Singapore
branch of the Swiss private bank, which has been embroiled in the probe into
1Malaysia Development Bhd (1MDB).
Friday, 6 May 2016
Gucci apologises for sending warning letters to Hong Kong shops over paper handbag offerings
Luxury brand Gucci and its parent firm Kering have
apologised for sending letters to six Hong Kong stores earlier this week warning
them not to sell fake paper Gucci handbags and fashion items for the deceased.
Thursday, 5 May 2016
Boosting productivity - with optimal office lighting
While not ideal, the reality is that offices are becoming a
second home to many. There is no doubt that reporting managers must help to
balance their employees' work life balance, but higher management must look at
ways to improve productivity as a way to reduce long working hours. Most
importantly, if employees are going to spend a better part of their day at
work, then there is an impetus to create an ideal work environment for them.
Playing by the rules in Asia
Part of the attraction of a "rules-based global
order" is that it would constrain all relevant players. US policymakers,
unlike those in most of the rest of the world, don't find the concept
inherently attractive. Although they - like everyone else - do pay lip service
to it, willingness to be bound by international rules is not part of US
officials' DNA.
Singapore probing complex transactions involving 'many shell companies' in 1MDB case
Singapore authorities are probing "complex and layered
transactions" with "cross border elements" involving many shell
companies in their investigations into 1Malaysia Development Berhad (1MDB),
according to prosecutors here.
China ordering investment firms, online lenders to shut offices to head off social unrest
China's authorities, seeking to forestall potential social
unrest due to growing failures of investment firms and online lenders, are ordering
many to break leases and close their storefronts on busy streets - lest they
become magnets for protesters.
Donald Trump is Republican presidential nominee and golf cheat?
Donald plunks two balls in the water, one goes out bounds
and another lands in the bushes before Trump plants another ball in the middle
of the fairway
Monday, 2 May 2016
British firm, Oxy Reckitt Benckiser's unit in South Korea apologises over disinfectant blamed for more than 100 deaths
The head of a Korean subsidiary of a British consumer goods
company was slapped and shouted down on Monday (May 2) as he apologised for his
firm's role in selling a humidifier disinfectant blamed for more than 100
deaths in South Korea.
Sunday, 1 May 2016
What lies behind the temptation to beat up on China over global steel crisis
Claims are normally built on rigged numbers – and nowhere more so when the target country is deemed a “non-market economy” – as China is.
Saturday, 30 April 2016
Boosting productivity - with optimal office lighting
While not ideal, the reality is that offices are becoming a
second home to many. There is no doubt that reporting managers must help to
balance their employees' work life balance, but higher management must look at
ways to improve productivity as a way to reduce long working hours. Most
importantly, if employees are going to spend a better part of their day at
work, then there is an impetus to create an ideal work environment for them.
Friday, 29 April 2016
2 people, not one, charged in Singapore's 1MDB probe
Singapore authorities have charged not one but two people -
a former wealth manager at Swiss private bank BSI and someone allegedly
involved in corrupt transactions in concert with the former private banker - in
an ongoing investigation into 1Malaysia Development Berhad (1MDB) that was
described in court as the "most complex" probe ever undertaken by the
white-collar crime buster here.
Thursday, 28 April 2016
Singapore ex-banker hauled to court amid 1MDB probe faces two more charges
Yeo's lawyer, Mr Philip Fong, managing partner of Harry
Elias Partnership, argued that denying his client bail and access to his
lawyers would be in breach of his presumption of innocence, and his
constitutional right of access to counsel, thus making a mockery of fundamental
liberties.
Wednesday, 27 April 2016
Architects also hurting from real estate woes
The real estate downturn has filtered down to architecture
and engineering services firms, which were hit by surging redundancies last
year - and industry players warn that the situation could worsen this year.
China must seize the opportunity for prosperity
China is facing the difficult task of managing a soft
economic landing, after decades of spectacular expansion. Naysayers abound, but
never mind them. China has an advantage that other countries in today's
troubled global economy lack: a clear path forward.
Why China will not fall into the middle-income trap
China’s economic growth after over three decades of dynamic
expansion at double-digit rates has markedly come down in recent years. The
growth deceleration has raised the spectre of the Chinese economy falling into
the “middle-income trap” (MIT).
Tuesday, 26 April 2016
Arrested China exec said to be buyer of Sentosa villa
Zhang Min, the Chinese businesswoman involved in the Ezubao
ponzi scandal, is believed to have been the buyer of a S$23.8 million bungalow
along Lakeshore View in Sentosa Cove, the purchase of which has not been
completed.
China has a fair shot at building the car of the future
The Detroit Auto Show has long set the tone for the global
car industry, but a new player on the other side of the world could prove to be
a bigger player. As the Beijing Motor Show begins on Monday, it's worth taking
a closer look at China's car industry.
San Francisco is torn as crime situation worsens
From her apartment at the foot of the celebrated zigzags of
Lombard Street, Judith Calson has twice peered out of her window as thieves
smashed their way into cars and snatched whatever they could. She has seen
foreign tourists cry after cash and passports were stolen. She shudders when
she recounts the story of the Thai tourist who was shot because he resisted
thieves taking his camera. And that is her tally from the last year alone.
Monday, 25 April 2016
Why won't Hollywood cast Asians?
Such facts reveal Hollywood's dirty little secret. Economics
has nothing to do with racist casting policies. Films in which the leads have
been whitewashed have all failed mightily at the box office. Inserting white
leads had no demonstrable effect on the numbers. So why is that still
conventional thinking in Hollywood?
Friday, 22 April 2016
Singapore Charges Ex-Banker Following 1MDB Probe
Yeo’s lawyer, Philip Fong, asked the judge to grant Yeo the
"fundamental right" to counsel and said Yeo had been cooperating with
the police since he was investigated in October and will continue to do so. Yeo
isn’t a flight risk as he has family in Singapore and is willing to cooperate
further with the authorities, Fong said.
The judge denied Yeo’s request for access to counsel.
Moët-Hennessy set to debut first luxury Yunnan wine
A partnership between French conglomerate Moët-Hennessy and Chinese baijiu consortium VATS has led to the creation one of the highest elevation wineries in the world. The joint venture is set to debut its first luxury vintage this summer, following years of negotiation and preparation.
GoKunming
GoKunming
Tuesday, 19 April 2016
Monday, 18 April 2016
Drinkers drive up demand for valet services
After a night of drinking, Mr Sean Tan usually gets into his
car to head home. But the 32-year-old accountant does not take the wheel.
Enrolling fishermen in sovereignty claims
Chinese fisherman Chen Zebo was 13 when he first went out to
sea, 19 when he headed to Scarborough Shoal and 30 when he was first arrested
by the Philippine authorities on charges of illegal fishing.
Cheaper phone calls overseas with gadget
Dubbed Qongle, the device lets travellers make or receive
calls from any Singapore number without subscribing to auto-roaming, which
costs about $10 a month.
Top US colleges putting thousands of applicants in wait-list limbo
Students applying to top colleges crave to hear “yes!” when
decisions roll out in March and brace themselves for “no”. But huge numbers get
a vague answer that is neither admission nor denial - a tantalising “maybe” -
with an invitation to join a wait list.
Friday, 15 April 2016
Government rebuts Lee Suet Fern’s comments on scheme
Ministry defends 2008 scheme which lawyer Lee Suet Fern says
has not benefited Singapore lawyers enough
Wednesday, 13 April 2016
China’s swelling junkyards are readying iron ore’s next threat
As China’s booming middle class junks aging cars and home
appliances, the next threat to the world’s ailing iron-ore producers is
materializing.
Tuesday, 12 April 2016
Uber, GrabCar drivers to have vocational licences; undergo background checks
Private chauffeur drivers operating under apps such as Uber
and Grab will be regulated in Singapore, to safeguard commuters' interest.
Singapore private car hire drivers to be licensed
To better protect commuter interests, in particular their
safety, drivers of ride-hailing apps like Uber and GrabCar will require a
licence by the first half of 2017, while their private hire cars will have to
be registered with the Land Transport Authority (LTA).
Offshore vehicles not illegal: MAS
Central bank says it has a strict legal and regulatory
framework to guard against money laundering and terrorism financing
Sunday, 10 April 2016
Pavlovian conditioning and 'correct thinking' on the South China Sea
On a global scale, China is not a clearly revisionist power.
But Beijing wants to reclaim something of its historical centrality in East
Asia. The United States has emphasised that it intends to remain an East Asian
power.
Friday, 8 April 2016
Why few Americans appear in the Panama Papers
But one group is not there: prominent Americans. US tycoons
and politicians are notably absent in the leaked files of the Panama law
offices of Mossack Fonseca, which created thousands of shell companies
worldwide to hide the identities of their ultimate owners, some of whom may
have been evading taxes.
Mossack Fonseca has office in Singapore
Mossack Fonseca, the Panamanian law firm at the centre of
the document leak, has an office in Singapore. It shares office space in the
Jit Poh Building at 19 Keppel Road with TPS Corporate Services, a firm that
helps clients set up and manage companies in different jusrisdictions, both
onshore and offshore.
Wednesday, 6 April 2016
‘Arrogance’ why Western tech firms fail in China: Top VC
"Western imperial arrogance" rather than government regulation is the reason technology firms fail in their attempts to expand into China, according to the chairman of a top Silicon Valley venture capital (VC) firm.
CNBC
CNBC
Monday, 4 April 2016
Law firm in 'Panama Papers' leak is secretive, with big clients
Mossack Fonseca, the Panama-based law firm at the heart of
the "Panama Papers" scandal, is a discreet outfit with a roster of
big-name clients and a quiet reputation for hiding money from the tax man.
Wednesday, 30 March 2016
Master con man tells how foreign criminals launder illicit fortunes through China
The country’s well-developed underground financial networks
have caught the attention of foreign criminals who are using mainland China and
Hong Kong to clean their dirty money and pump it back into the global financial
system — largely beyond the reach of Western law enforcement, an Associated
Press investigation has found.
Tuesday, 29 March 2016
Argentina hails UN decision to expand its maritime territory
Argentina's government celebrated on Monday a decision by a U.N. commission expanding its maritime territory in the South Atlantic Ocean by 35 percent to include the disputed Falkland islands and beyond.
AP
AP
Sunday, 27 March 2016
Shanghai’s allure fading for migrants
After living in Shanghai for nine years, Mr Teng Yiye, 38,
and his family moved to a small town in neighbouring Jiangsu province in late
2014. It takes Mr Teng about an hour to drive to Shanghai to attend meetings
for his interior design business, but he believes he made the right decision to
leave the city.
Thursday, 24 March 2016
Bangladesh bank heist exposes Philippine dirty money secrets
When mystery hackers launched a stunning raid on
Bangladesh's foreign reserves, a plot worthy of a John le Carre spy novel was
sparked in the Philippines, exposing the South-east Asian nation as a dirty
money haven.
Wednesday, 23 March 2016
On South China Sea islet, Taiwan argues Philippines case is far from watertight
On Itu Aba, in the Spratly archipelago of the South China
Sea, Taiwanese coast guard officials proudly haul a small wooden bucket of
water from one of several simple concrete wells on the coral outcrop.
Taiwan takes media on tour of Taiping Island, which it claims in disputed South China Sea
The Philippines “distorted the facts and misinterpreted the
law” in its arguments, Linghu told reporters at a pre-trip briefing Tuesday in
Taipei, Taiwan’s capital.
Maruah rejects changes to Elected President rules
Human rights group Maruah has spoken out against the
proposed tightening of eligibility rules for Singapore’s Elected President,
calling the proposed change “undemocratic and elitist”.
Tuesday, 22 March 2016
Sleepy Ipoh awakens
Ipoh's old town has emerged as a tourists' delight: peeling
indigo paint on century-old walls, gently crumbling buildings given a chic
makeover, and delicate murals peeking out from alleyways.
Friday, 18 March 2016
Virgin Atlantic Airways probing incident where passenger claimed she was called a 'Chinese pig' by a caucasian man
The passenger, who was on Virgin flight VS250 on March 1,
said she was insulted by a Caucasian male passenger and subsequently allegedly
ignored by a flight attendant.
Boycott Virgin Atlantic.
Boycott Virgin Atlantic.
Thursday, 10 March 2016
Family’s failed bid to sue SAF sparks debate
The failed bid by the family of the late Private Dominique
Sarron Lee to sue the Singapore Armed Forces (SAF) and two of its officers has
sparked a public debate on whether the Government has done right by the
full-time national serviceman (NSF). Netizens have taken to social media to air
their grievances over what they deem as missteps by the SAF and the Ministry of
Defence (Mindef).
Monday, 7 March 2016
Just who is militarising the South China Sea?
The US has repeatedly warned China not to militarise the
Spratly Islands in the South China Sea.
But China denies that it is doing or will do so and argues that it is
the United States that is militarising the region and the South China Sea
disputes.
Shanghai shows how not to start a start-up culture
“Risk-averse venture capitalist” may sound like a
contradiction in terms but, in Shanghai, it’s precisely the sort of financier
the city is looking to attract.
5 Myths About China's Missile Deployment on Woody Island
The littoral combat ship USS Fort Worth in the South China
Sea near the Spratly Islands, with as the PLA Navy guided-missile frigate
Yancheng close behind.
Saturday, 27 February 2016
A tiger that lost its roar, Taiwan pays price for not looking ahead
Since its launch just over four years ago, Taiwan-based
Gogoro has grown from 15 employees to more than 600 and raised US$180 million
(S$252 million) in seed funding.
Thursday, 25 February 2016
Lana Cake’s baker is retiring
After 50 years of selling her famous chocolate cake, Mrs
Violet Kwan of Lana Cake Shop wants to call it a day and is looking for a
successor.
'Chinese century' poses big challenges for Taiwan, US
Of course, there are some who refute this neologism, but the
developments after the Vietnam War in the middle of the last century, the
recent failure by President Barack Obama to rally all Southeast Asian nations
behind the United States to help contain the People's Republic, as well as the
United Kingdom's vote on possibly leaving the European Union, all signal the
end of Pax Americana.
US prosecutors say corrupt Chinese officials behind Glaxo pharma secrets theft, but defence says that’s ‘fantastical’
“It wouldn’t be the first time the government has sat in
this courtroom citing overwhelming evidence in a trade-secrets case only to
withdraw the charges before trial,” he said.
Thursday, 11 February 2016
Iskandar's challenges, 10 years on
As Iskandar enters its tenth year as a development region,
some projects that were seen as catalysts for growth in the region appear to be
taking a longer gestation period than expected, with many developers taking a
wait and see approach.
Iskandar housing market struggles amid weak interest
The idea that property development in Iskandar would satisfy
spill over demand from Singapore was tested to its limit last year.
Multiple headwinds for Chinese property developers in Malaysia
R&F’s Princess Cove, a 30,000 unit project, is in worst
shape. According to two local agents, it has sold less than half of the 3,000
units that went on pre-sale since 2014. R&F has declined to comment.
Thursday, 28 January 2016
Hong Kong Monetary Authority vows short sellers will not find it easy to mount assault on Hong Kong dollar
A more robust system for local banks to obtain liquidity and
an enlarged monetary base make it near impossible for currency speculators to
mount a successful attack on the Hong Kong currency, according to the Hong Kong
Monetary Authority, which said there’s few parallels with conditions today and
those in 1997 to 1998 which saw authorities launch a shock and awe defence of
the financial system at the height of the Asian financial crisis.
Monday, 25 January 2016
New F&B and clubbing options at Clarke Quay
Admittedly, the riverside nightlife stretch has seen its
fair share of tenants come and go, but since November, at least six new restaurants
and bars have moved in.
Wednesday, 13 January 2016
AXA Insurance offers cyclists non-financial benefits
Personal accident policies for cyclists may not be new, but
one novel product takes it a step further by arranging non-financial services
like a doctor's home visit and even housekeeping and meal services.
China rolling out initiatives to make it easier for foreigners to get green cards for residency
Seeking more foreign talent, China is rolling out new
initiatives from March 1 that will make it easier for foreigners, especially
ethnic Chinese, to obtain the elusive green card that will do away with work
visas and provide access to public services.
NSA is world’s best hacker thief, says former director
“We steal other people’s stuff in the cyber domain,” retired
General Michael Hayden said at a cybersecurity conference in Miami Beach.
Tuesday, 5 January 2016
Filipino Achilles Tomanpos Estremos hit cab and released handbrake fined $6k
An interior designer who refused to get out of a taxi after
he was unable to pay the fare kicked the passenger door and hit its rear
windshield and side window with an umbrella.
Sunday, 3 January 2016
A morality tale about religion and fraud
An old schoolmate from Raffles Institution, with whom I have
not cared to keep in touch, rang me out of the blue last week to make me an
offer he said I could not possibly refuse.
Monday, 21 December 2015
Catherine Lim writes an open letter to PM Lee Hsien Loong
It was with much dismay that I read the report ‘Blogger
ordered to pay PM 150k in damages’ in the Straits Times of 18 December 2015. I
was less struck by the specifics of a court case that Singaporeans must have
been following with great interest over the months – the standpoints taken by the
contending parties, the various judicial processes, the assessment of damages
to be paid to the plaintiff – than by one stark fact: once again, Sir, your
powerful government is putting to use its most powerful instrument for
silencing critics, namely, the defamation suit.
Monday, 23 November 2015
Amid tension in Philippines, a Chinese enclave of powerful, influential businessmen thrives
Despite the tension between China and the Philippines, many
ethnic Chinese businesspeople continue to thrive in the Southeast Asian
country, building unofficial ties between the nations.
Thursday, 19 November 2015
Online database simplifies hunt for the right lawyer
Users can narrow search by
category, and make instant request for quotation
With God on their side: Study shows children raised in religious homes tend to be ‘meaner’ than kids from non-religious ones
Children from religious families
are less kind and more punitive than those from non-religious households,
according to a new study.
Wednesday, 11 November 2015
John Duncan Tasker fined $1,500 and ordered to compensate man he punched in carpark row
A 48-year-old ex-grassroots leader was on Monday (Nov 9)
fined $1,500 for punching a 37-year-old man in an altercation over a carpark
space earlier this year.
Friday, 6 November 2015
Thursday, 5 November 2015
George Bush Sr says 'iron-ass' Cheney and 'arrogant' Rumsfeld damaged America
Former president claims their reaction to 9/11 attacks were too hawkish, used excessive force and damaged his son, according to biography
Guardian
Guardian
Monday, 2 November 2015
Former US Navy Seal, Ian Damery Fitzgerald gets four weeks’ jail for punching taxi driver
A former US Navy Seal convicted of punching a taxi driver
and hurling the cabby’s walkie-talkie into Marina Bay was sentenced to four
weeks’ jail and fined $800 on Monday (Nov 2).
Corked? Fine wines languish in China warehouses as consumers cool
The crates of Chateau Brehat wine from Bordeaux had gathered
dust for three years in a bonded warehouse on the outskirts of Shanghai before
the owners cut their losses in July, slashing three-quarters off the US$50
price tag.
Uber: To regulate or not to regulate?
An economically sensible approach to car-sharing services is
one that benefits consumers and does not over-protect taxi company incumbents
Briton James O’Kane, jailed two months for assaulting cabby and ordered to pay compensation
A Briton on social visit here was jailed for two months on
Tuesday for punching and biting a taxi driver.
Friday, 30 October 2015
Thursday, 29 October 2015
Indonesia calls for US-China to ‘restrain themselves’, lashes US ‘power projection’ after Spratly sail-by
The Indonesian government expressed disapproval Wednesday
over a “power projection” exercise conducted by the United States which saw a
Navy destroyer enter what Beijing claims to be its territorial waters around
artificial islands in the South China Sea.
Wednesday, 28 October 2015
Sunday, 25 October 2015
China’s new payments system points way to de-dollarised world
The mainland recently launched the China International
Payments System (“CIPS”), enlisting an initial group of 19 domestic and
international banks. As a cross-border yuan payments system it represents a
major step in Beijing’s ambition to increase the distribution and improve the
efficiency and international popularity of its currency. But, it is more than a
payment transaction regime.
Friday, 16 October 2015
Tuesday, 6 October 2015
Sunday, 4 October 2015
Wine investors cry foul over dealings with 2 companies
They invested a total of more than $500,000 with Singapore-based wine investment companies, The Bottled Wealth Holdings (TBW) and Australian Wine Index (AWI), from as early as 10 years ago. Both firms were placed on the Monetary Authority of Singapore’s (MAS) Investor Alert List in August this year as complaints grew.
Wednesday, 30 September 2015
CIA pulled officers from Beijing after massive cybertheft of US federal personnel records
The CIA pulled a number of officers from the US Embassy in
Beijing as a precautionary measure following the massive online theft of
personal data of federal employees, current and former US officials said.
Monday, 28 September 2015
Legal complaint filed against Valencia’s owner
Singapore billionaire Peter Lim, who owns Spanish club Valencia CF, has been hit by a legal complaint by former club vice-president Miguel Zorio.
Subscribe to:
Comments (Atom)