Business Archives - Page 15 of 40

Duterte daughter says has ‘running mate’ offers for poll

13Sep

By Desk TeamNo Comments

Duterte daughter says has ‘running mate’ offers for poll

Duterte daughter says has 'running mate' offers for poll Philippines President Rodrigo Duterte arrives with daughter Sara Duterte-Carpio to attend the enthronement ceremony of Japan's Emperor Naruhito in Tokyo on Oct 22, 2019. (Carl Court/Pool via Reuters) MANILA: Philippines leader Rodrigo Duterte's daughter has named several politicians, including her father's closest aide and preferred successor, whom she said have offered to run with her in next year's presidential election. Sara Duterte-Carpio, mayor of Davao City, is leading opinion polls but has yet to disclose her political plans ahead of the October deadline to file for candidacy. Mrs Duterte-Carpio, 43, said on Facebook that lawmakers Sherwin Gatchalian and Christopher "Bong" Go had "personally expressed their offer to run as...

Businesses say Hong Kong quarantine threatens financial hub status

12Sep

By Desk TeamNo Comments

Businesses say Hong Kong quarantine threatens financial hub status

Businesses say Hong Kong quarantine threatens financial hub status While infection rates have been kept in check, there is a fear that Hong Kong could be left behind the rest of the world as vaccines are rolled out and economies reopen. HONG KONG: European business leaders have warned that Hong Kong's stringent quarantine measures have left its residents "indefinitely trapped" in the city, threatening its status as an international business centre. In a rare open letter to chief executive Carrie Lam on Thursday, the European Chamber of Commerce in Hong Kong said the city's most recent hardening of measures for inbound travellers were "out of proportion" and a "significant setback". The Chinese financial hub maintains some of the strictest quarantine rules in the world, an approach that...

12Sep

By Desk TeamNo Comments

‘Rose of North’ set to bloom

Jab rates way behind target as Oct 1 launch for latest sandbox nears HAPPIER times: In this pre-Covid-19 file photo, visitors admire the traditional lanterns which adorned Tha Pae Road during the Yi Peng or Loy Krathong festival in Chiang Mai. From Phuket to Koh Samui, the country is nervously navigating its way through a reopening of the tourism industry. Chiang Mai could be next to roll out its carpet to welcome back visitors near and far. However, obstacles stand in the way of tourism resuming, for Chiang Mai faces various challenges, from under-vaccination to tourist segmentation. Covid-19 has brought the province, long dubbed the "rose of the North", to an economically painful standstill for more than a year. Chiang Mai's world of tourism, which injects more than 100 billion baht...

Big C targets Cambodia retail dominance with store blitz

12Sep

By Desk TeamNo Comments

Big C targets Cambodia retail dominance with store blitz

Pictured from left are Thai ambassador to Cambodia Panyarak Poolthup, Cambodian Undersecretary of State Penn Sovicheat and Suwin Somsri, vice-president of Big C Cambodia, at the opening of the first Mini Big C store in Phnom Penh on Sept 5. Big C Supercenter Plc plans to increase investment to expand its retail business in Cambodia over the next five years. "With our five-year plan, we aim to become the No.1 retailer in Cambodia in terms of value, size and perception among Cambodian customers," said Gary Hardy, chief operating officer. Mr Hardy said the company is set to open hundreds of Big C stores in different sizes and formats, in Phnom Penh and other big cities such as Siem Reap and Battambang. The formats include hypermarkets, supermarkets and Mini Big Cs. While exact investment ...

11Sep

By Desk TeamNo Comments

Fixing the US-China tech split

Fixing the US-China tech split Heightened US-China tensions have raised the prospect of a deep global technology divide, potentially forcing other countries to choose which camp to join. There are plenty of grim scenarios involving irreconcilable splits between core technologies that power a wide range of products and services, from aircraft and automobiles to precision engineering for robotics and payment systems for e-commerce. Should these scenarios materialise, the world's two largest economies will pour huge amounts of resources into a zero-sum race to control technology's cutting edge. Both the United States and China understand the central role of technology in driving their economies and global development. They also know that mastering it, as well as safeguarding relevant intell...

11Sep

By Desk TeamNo Comments

Virus cases pass 1 million

Prime Minister Prayut Chan-o-cha talks to a Covid patient via a telehealth system during his visit to 'Sanam Saeng Haeng Jai' field hospital in Samut Prakan province on Friday. The facility has 450 beds and uses robots to get food and medicines to patients. (Government House photo) There are several lessons the country must learn from the mishandling of the Covid-19 crisis after Thailand reached the grim milestone of more than one million accumulated cases on Friday, according to the president of the Rural Doctors Society. The first domestic case on Jan 12 last year was a 61-year Chinese woman from Wuhan where Covid-19 had first been detected the previous month. Then, the first Thai to test positive was on Jan 31 after a 50-year-old taxi driver drove an infected arrival from Wuhan to ho...

Nearly 65,000 Hong Kongers apply for UK visa scheme

11Sep

By Desk TeamNo Comments

Nearly 65,000 Hong Kongers apply for UK visa scheme

Nearly 65,000 Hong Kongers apply for UK visa scheme Passengers wearing protective masks walk through MRT Central Station in Hong Kong on Aug 17, 2021. (Reuters photo) HONG KONG: Around 64,900 Hong Kongers applied for a new pathway to British citizenship in the first five months of the scheme, with 47,300 approved, continuing a wave of emigration after the introduction of the national security law. Some 71% of those applications for the British National (Overseas) visa scheme were filed from outside Britain, while the rest were made inside the country, according to official figures released on Thursday. Of the applications approved so far, 35,000 - or 74% - were filed overseas. There were 27,900 main applicants, with 19,400 dependants. However, the number of applicants for the scheme f...

Brutal benchmark: Arizona passes 1 million COVID-19 cases

11Sep

By Desk TeamNo Comments

Brutal benchmark: Arizona passes 1 million COVID-19 cases

PHOENIX (AP) — Arizona surpassed 1 million COVID-19 cases Friday, becoming the 13th state to reach the grim milestone while contending with yet another major spike in infections. The benchmark is the latest in a tumultuous year and a half where Arizona went from being touted as a pandemic success story to being “the hot spot of the world” and then being a model again when vaccinations became available. Now, the state, like the rest of the country, is coping with a surge — mostly of the unvaccinated — and ongoing conflicts over mask and vaccine mandates. It ranks 13th nationwide in the number of cases per 100,000 residents, according to the U.S. Centers for Disease Control and Prevention’s COVID Data Tracker. COVID-19 came early to Arizona. In January 2020, a person with ties to Arizona

‘No Dash, no deal’: Aerospace workers spar with company owned by Canada’s richest family over future of Downsview plant

11Sep

By Desk TeamNo Comments

‘No Dash, no deal’: Aerospace workers spar with company owned by Canada’s richest family over future of Downsview plant

“Whose plant? Our plant!” The chant echoed across the De Havilland aircraft manufacturer in Downsview on Monday, where dozens of workers gathered to protest the planned relocation of one of the company’s staple programs. Since late July, workers at the decades-old plant have been on strike following a decision from their relatively new employer, Longview Aviation Capital, to move production of their signature Dash 8 aircraft elsewhere in Canada. Longview, majority owned by Thomson family heir Sherry Brydson, owns De Havilland, the aerospace manufacturer that bought the Dash 8 program from Bombardier in 2018. Canada’s wealthiest family, the Thomsons, created Longview in 2016 to build a portfolio of long-term investments in the Canadian aerospace industry. Longview’s move to leave its Do

‘What will happen to people left behind?’ Afghanistan’s future shaped by big questions

10Sep

By Desk TeamNo Comments

‘What will happen to people left behind?’ Afghanistan’s future shaped by big questions

WASHINGTON—The departure of the last U.S. military plane from Afghanistan left the region facing uncertainty, with the Taliban seeking to cement control of a nation shattered by two decades of war and an economy long dependent on foreign aid and opium sales. Now the U.S., its allies, and adversaries including Russia and China must all regroup and assess how they’ll approach the Taliban, which swept to power with stunning speed as American and NATO troops withdrew over the summer. The chaos of the American withdrawal following the collapse of Ashraf Ghani’s government only underscores the country’s fragility and the daunting challenges that await. After evacuating some 120,000 people, the U.S. says it will look to help any Americans who remain in the country. Less certain is the fate of t