Business – Page 17 – The Singapore Post

22Jul

By Desk TeamNo Comments

Intercity bus industry looks to rebound

(Editor’s note: This story was first published on July 13, 2021. This version corrects details on the bus coalition .) THUNDER BAY — When Kasper Wabinski added a coach/bus line to his aviation business to help move passengers “up north” through inclement weather, little did he know he would be on the cusp of developing a plan for a potential transportation service across the entire country. Wabinski owned and operated Kasper Air with two aircraft that flew passengers into Northwestern Ontario’s far north communities. His newly added bus line improved his service with an inevitable expansion on the horizon. “We managed to create a small company with two routes that were licensed within the first year and we grew it from there,” he said. As closing bus companies made routes available, Wa

20Jul

By Desk TeamNo Comments

Business, Conflict, World

Far South emergency ‘must end’

A motorist drives through a security checkpoint set up along a road in Pattani, where many roads in areas which are prone to unrest are under heavy surveillance. Pornprom Satrabhaya Academics, legal experts and rights activists are calling on the government to lift the Emergency Decree which it had put in place to control the southern insurgency and Covid-19 crisis, saying the tough law is being misused to quash dissent despite it having little effect on controlling Covid-19 transmission as well as the simmering conflict in the South. The call to end the Emergency Decree's enforcement was reiterated in an online public discussion titled "16 Years of the Emergency Decree: From the Southern Border Provinces to Covid-19", which was organised by Asean Parliamentarians for Human Rights, along...

Eye on China, Biden and Germanys eye on China

20Jul

By News DeskNo Comments

Business, China, World

Eye on China, Biden and Germanys eye on China

Washington, US: Aiming towards China, the US President Joe Biden and German Chancellor Angela Merkel stressed the importance of standing up for democratic values and human rights in the context of China. “We are countries who stand up for free, democratic societies,” Merkel said. “Wherever human rights are not guaranteed, we will make our voices heard.”Meanwhile, Biden said: “We will stand up for democratic principles and universal rights when we see China or any other country working to undermine free and open societies… we are united in our commitment to addressing democratic backsliding, corruption, phoney populism.” According to New York Times, the two leaders had a 50-minute meeting at the White House and the two leaders discussed several of the most pressing geopolitical prioriti

Mega project restarted in 2019 again stopped with mutual consents of the parties

19Jul

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Business, China, Singapore, World

Mega project restarted in 2019 again stopped with mutual consents of the parties

KUALA LUMPUR – Somehow begun $2.4 million mega project again came to an end when the parties involved in the project mutually decided to stop the project. The agreement on a RM7.41 billion ringgit (S$2.4 billion) acquisition for 60 per cent equity in the Bandar Malaysia mixed commercial project by IWH and its partner China Railway Engineering Corp (CREC) lapsed on May 6 after a failure to meet conditions, the statement issued on Wednesday (July 14) said. Bandar Malaysia was due to house the terminal for the now-scrapped high-speed rail link between Kuala Lumpur and Singapore. The project, owned by TRX City, a subsidiary of the Ministry of Finance, was initially announced in 2011, cancelled in 2017 and reinstated in April, 2019. The statement said parties had been w

USA passes bill banning products from Xingjian region

17Jul

By News DeskNo Comments

Business, China, World

USA passes bill banning products from Xingjian region

Washington, US: China is in the constant watch of the USA and other countries over its human rights violation in Xingjian region. In this regard, the USA has passed a bill banning all the products manufactured from Xingjian region. The latest efforts by the US are to punish China for the forced labour and genocide of Uyghurs and other minorities in the region, reported Axios. Senator Marco Rubio from Florida introduced the legislation with Senator Jeff Merkley of Oregon. They said in a statement after the passage of the bill that the message to Beijing "and any international company that profits from forced labour in Xinjiang is clear: no more." It added that the US would "not turn a blind eye" to the ruling Chinese Communist Party's "crimes against humanity," nor "allow corpo...

China not opening Khunjerab trade border even after the promise

10Jul

By Spost_adminNo Comments

Asia, Business, China, Conflict

China not opening Khunjerab trade border even after the promise

ISLAMABAD: Even after the promise, China is still not agreeing to open the trade route connected to Pakistan in fear of COVID-19 Earlier, following Pakistan’s persistent requests, China had agreed to open the Khunjerab border for trade by May 1, 2021 with stiff conditions in view of the Covid-19 situation. However the neighboring country has yet not opened the border despite all arrangements made on Pakistan’s side of the border. “We have been informed that China may allow goods cross the border by July 10, 2021, but we are still uncertain about the development,” said Javed Hussain, head of Gilgit Baltistan Exporters, Importers Association, who had held a meeting with Chinese officials at Ministry of Commerce here in Islamabad on June 30. According to him, it was agreed in the me

Anurak takes over men’s teams in caretaker capacity

9Jul

By News DeskNo Comments

Asia, Business, World

Anurak takes over men’s teams in caretaker capacity

Former Thailand star Anurak Srikerd. The Football Association of Thailand (FAT) has appointed former Thailand international Anurak Srikerd as the interim head coach of the Thai national men's teams. Akira Nishino, who is the official head coach of the War Elephants, returned to Japan to take care of some "personal business" after the Thais finished fourth in their group and failed to reach the final stage of the Asian qualifiers for the 2022 Fifa World Cup. While Nishino has apparently missed the deadline to submit his report on the Thai failure in the United Arab Emirates, the FAT has yet to confirm if the veteran Japanese coach has been relieved of his duties. The FAT said Anurak has been appointed to continue the work needed to prepare the Thai squads for participation in the 2022 A...

Cheap alcoholic drink haunting tribal people in Pakistan

8Jul

By News DeskNo Comments

Asia, Business

Cheap alcoholic drink haunting tribal people in Pakistan

Landi Kotal, Pakistan: The tribal region of Pakistan is addicted to an alcoholic drink called Drone, the most threatened people are youth and regular drinkers. The moonshiners and youth in the remote Tirah Valley of Khyber tribal district of Pakistan's province can easily concoct "Drone" due to the availability of its ingredients at cheap prices. "The ingredients of this alcoholic drink are easily available over-the-counter drugs, syrups and cold drinks," a resident. A Tirah-based doctor confirmed that the concoction originated in Tirah and proliferated quickly to the settled districts of Khyber-Pakhtunkhwa. "It has been given this funny name because it instantly makes you high and you start feeling light," the doctor said, reported Dawn. The communities hit hardest b...

Melbourne extends lockdown as ‘Kappa’ variant spreads

16Jun

By Desk TeamNo Comments

Business, World

Melbourne extends lockdown as ‘Kappa’ variant spreads

Melbourne extends lockdown as 'Kappa' variant spreads A coronavirus lockdown in Australia's second-largest city Melbourne has been extended by a week. MELBOURNE: Melbourne was ordered to remain in lockdown for another week on Wednesday, as Australian authorities try to stamp out a quick-spreading coronavirus strain they described as an "absolute beast". Five million city residents were hoping to exit a seven-day lockdown just before midnight Thursday, but those plans have been thwarted by the spread of the "Kappa" variant, which originated in India. "We've got to run this thing to ground otherwise people will die," Victoria's acting state Premier James Merlino said, describing this strain of the virus as "quicker and more contagious than we have ever seen before". Australia is battlin...

Staging Olympics ‘a suicide mission’, says Japanese exec

16Jun

By Desk TeamNo Comments

Business, China, Opinion, Singapore, World

Staging Olympics ‘a suicide mission’, says Japanese exec

A man looks at his phone as he walks by billboards promoting the Olympics on Friday in Tokyo. (Reuters Photo) Holding the Olympics as planned in Tokyo in two months would be like a “suicide mission” because Japan has been so late in vaccinating its population, a Japanese business leader has warned. Hiroshi Mikitani, chief executive of the online retailer Rakuten Group and an outspoken critic of the government’s handling of the pandemic, made the comment in an interview with CNN. “It’s dangerous to host the big international event from all over the world,” he said. “So, the risk is too big and … I’m against having the Tokyo Olympics this year,” he said, describing the Games as “a suicide mission”. His comments came as Prime Minister Yoshihide Suga reiterated that he was confident that

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