Business – Page 25 – The Singapore Post

China slams India’s apps ban; Xi Jinping asks PLA to be battle-ready

26Nov

By Joanne SerriehNo Comments

China slams India’s apps ban; Xi Jinping asks PLA to be battle-ready

China has “resolutely opposed” India’s “use of national security as an excuse” after New Delhi’s November 24 decision to ban 43 Chinese apps.“India should immediately correct its discriminatory approach and avoid causing further damage to bilateral cooperation”, said Zhao Lijian, spokesperson of the Chinese Foreign Ministry.A separate statement from the Chinese Embassy in New Delhi said China “firmly oppose[s] the Indian side’s repeated use of ‘national security’ as an excuse to prohibit some mobile apps with Chinese background” even as President Xi Jinping told the armed forces to strengthen training under real combat conditions and raise the capability of winning wars during a meeting of the Central Military Commission.On the app ban, China said the two countries should work together to

16Nov

By Our NewsroomNo Comments

Business, World

Covid-19 tests Thai-Myanmar ties

Covid-19 tests Thai-Myanmar ties The surging numbers of Covid-19 infections in Yangon and northern Myanmar over the past few weeks is putting the excellent Thai-Myanmar relations under great stress. At this point, the 2,401-kilometre border between both countries is more heavily guarded than ever before. Concerns about imported infections reached frenzied proportions when reports about workers from Myanmar sneaking through the porous border into Thailand emerged -- along with photos of alleged Covid-19 victims on the streets of Myawaddy, right across from Tak province. The news from the western border doesn't augur well for plans to jumpstart the economy, especially as the Thai government is now mulling whether to allow foreigners to enter the country with fewer restrictions. At present...

November marks eighth annual Wrapped in Courage campaign

16Nov

By Our NewsroomNo Comments

Business, World

November marks eighth annual Wrapped in Courage campaign

November is Woman Abuse Awareness and Prevention month in Ontario, a time when women’s shelters use all the tools in their toolbox to increase awareness around abuse against women, how it affects us all and what we can do as a society to end it. In Kincardine, Women’s House Serving Bruce and Grey is using social media and partnering with many local businesses to help raise awareness, foster prevention, and raise funds to help them provide the support that the women and children that reach out to them need to rebuild their lives. In place of the purple scarves traditionally sold during November, shelters have opted to offer a “Stay Safe” mask to the public. The masks will be sent out for a $20 donation, to “help you Stay Safe while you are joining us to work towards eliminating violence a

Brexit talks set to miss deadline and continue in Brussels

14Nov

By Our NewsroomNo Comments

Business, Politics, World

Brexit talks set to miss deadline and continue in Brussels

Trade talks between the U.K. and European Union are set to be extended beyond this weekend’s informal deadline and continue in Brussels next week, according to two people familiar with the matter. Negotiators have been working round the clock in London since Monday, with both sides pinpointing the end of this week as the last moment they could strike a deal while still allowing enough time for parliamentary ratification before the U.K leaves the bloc’s single market on Dec. 31. While the talks haven’t reached a conclusion, officials think there’s enough progress to warrant carrying on. They will probably resume in Brussels, the people said, speaking on condition on anonymity because of the sensitivity of the matter. “We can get a deal done,” Irish Foreign Minister Simon Coveney told a D

Japan eyes US-style law to sanction Uighur human rights abuses

13Nov

By Grace TsoiNo Comments

Business, China, World

Japan eyes US-style law to sanction Uighur human rights abuses

Amid growing criticism, against China for its treatment of Uighur Muslims, Japan is weighing a legal foundation for sanctions similar to those imposed by the United States and Europe.The Japanese government has asked the local companies that operate in China whether functioning in Xinjiang province could get them into trouble.This comes after a report in March by the Australian Global Policy Institute indicated that around 11 Japanese companies were among the 82 well-known global brands which relied on factories that use forced Uighur laborers.The report indicated that more than 80,000 Uighur workers were transferred out of the Xinjiang region, where China's Uighur population is concentrated, to around 30 factories across the country.Companies in the report, including Fast Retailing, maker...

TraceTogether check-in at venues is better, (cyber) safer

11Nov

By Our NewsroomNo Comments

Business, Singapore, World

TraceTogether check-in at venues is better, (cyber) safer

SINGAPORE - By the end of the year, Singapore will be switching to a new Covid-19 management tool: TraceTogether-only SafeEntry. This system is more effective for contact tracing and provides better cyber hygiene, making the switchover a no-brainer. TraceTogether-only SafeEntry combines what are now two separate systems: TraceTogether, to identify those in close contact with Covid-19 patients; and SafeEntry - which digitally checks in visitors at most venues - to determine which premises have been visited by those infected with the coronavirus. Once the integrated TraceTogether-only SafeEntry system is fully rolled out, no one will be able to use their phone cameras or the SingPass mobile app to scan the SafeEntry QR code to enter cinemas, restaurants, workplaces, schools and shopping m...

Myanmar extends ban on foreign visitors before elections

11Nov

By Our NewsroomNo Comments

Business, World

Myanmar extends ban on foreign visitors before elections

Myanmar extends ban on foreign visitors before elections Supporters of the opposition Union Betterment Party (UBP) ride an oxcart during a campaign in Naypyidaw on Monday, ahead of next month's elections. (AFP photo) Myanmar extended a ban on international commercial flights and issuance of all types of visa until the end of November to contain the spread of coronavirus outbreak ahead of the general elections. The ban on foreigners’ entry through land borders will also be extended for another month, the Ministry of Transport and Communications said in a statement Monday. The extension of curbs, which were due to end Oct 31, were ordered by the National Committee on Covid-19 Control chaired by de facto leader Aung San Suu Kyi, it said, adding that essential business travellers must seek

Hard hit by virus, airlines push for tests over quarantines

8Nov

By Our NewsroomNo Comments

Business, China, Singapore, World

Hard hit by virus, airlines push for tests over quarantines

FRANKFURT - What will it take to get people flying again? International air traffic is down 92 per cent this year as travellers worry about catching COVID-19 and government travel bans and quarantine rules make planning difficult. One thing airlines believe could help is to have rapid virus tests of all passengers before departure. Scattered experiments on improving safety are under way around the world, and a UN organization is leading talks to set guidelines. There is a lot at stake. With no end in sight to the pandemic, the near total halt to international travel will hinder economies as they try to bounce back from recession and return to normal levels of business activity. Millions of jobs - at airlines, airports and travel related businesses such as hotels and restaurants - are affe...

What the pandemic taught us about food imports from China

7Nov

By Spost_adminNo Comments

Business, China, Opinion, World

What the pandemic taught us about food imports from China

As the pandemic compelled the world to look eastwards and into its deep dungeons, a new issue was boiling underneath the chaos; how safe is the food that is being imported from China? With hundreds of videos that are doing their rounds across several platforms , showing the condition of the wet markets in China and its suburbs, the people across the globe have gone into a state of frenzy. Everybody is concerned about the safety of the imports from China, especially food. The greed for higher benefits in China's flourishing business sector economy, joined with the absence of viable assessment and law implementation, and the relinquishment of hygiene and cleanliness campaigns, have all added to the exacerbating circumstance of sanitation. China is presently reaping the outcomes. Thous...

South Asian Island nations feel pressure of Chinese tourist debt traps

7Nov

By Spost_adminNo Comments

Asia, Business, China, World

South Asian Island nations feel pressure of Chinese tourist debt traps

The pandemic hit economies are struggling to revive and restructure their economic development by providing bailout packages and other stimulus measures. However economies dependent on tourism have long and tough road ahead, even more so for countries dependent heavily on Chinese tourists. The two of South Asia’s travel hotspots, Sri Lanka and Maldives, have more to provide to China than their scenic natural beauty. The two island nations are struggling with the complete shutdown of international travel on account of the ongoing pandemic. Their economies being heavily dependent on tourism, the countries experienced enormous drops in GDP. However, these weakened economies now serve China’s ultimate strategic and geo-political objectives. Both the countries are marred with immense debt f

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