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Posted on January 27, 2021

China asks Indonesia to treat detained sailors fairly

China’s government has called on Indonesia to treat a group of detained Chinese sailors fairly but gave no indication what their oil tanker was doing when it was found at sea transferring fuel from an ... ( read original story ...)

Posted on January 27, 2021

Biden’s commerce secretary pick pledges a tough line on China but doesn’t detail how she’d deal with Huawei

In a Senate confirmation hearing, President Biden’s nominee to run the Commerce Department said she plans to be “very aggressive” in combating China’s “unfair” trade practices, but she declined to ... ( read original story ...)

Posted on January 27, 2021

Hong Kong asks departing finance executives to explain themselves

Fund managers and bankers leaving Hong Kong for alternative financial centres have been asked to explain their decision to a range of government agencies amid concerns that Beijing’s national security ... ( read original story ...)

Posted on January 27, 2021

Amid crisis, Hezbollah ‘bank’ a lifeline for some Lebanese

Clients can also set up accounts to deposit money, which is then used to finance the loans. The association operates under Islamic rules forbidding interest. Lebanon’s economic and financial crisis is ... ( read original story ...)

Posted on January 27, 2021

Climate change: Hong Kong’s government raises US$2.5 billion as it prices Asia’s first ever 30-year sovereign green bond

Hong Kong plans to issue up to US$12.9 billion in green bonds under programme announced nearly three years ago. ( read original story ...)

Posted on January 27, 2021

Taiwan economy seen growing 3.61% in fourth quarter on boost from exports

Taiwan's largest trading partner China registered faster-than-expected economic growth in the fourth quarter of last year, with GDP up 6.5% year-on-year. ( read original story ...)

Posted on January 27, 2021

Taiwan Lantern Launch for the Traveler’s Dream

Taiwan has a story to tell. To raise awareness about Asia’s off-the-radar destination while travelers are dreaming about future travel plans, Taiwan Tourism Bureau has launched a campaign for Bay Area ... ( read original story ...)

Posted on January 27, 2021

Laos aims for 4% GDP growth in five-year economic plan

The communist government of the Southeast Asian country of Laos is targeting annual economic growth of 4% in its five-year socio-economic plan to 2025, which aims to maintain growth and improve ... ( read original story ...)

Posted on January 27, 2021

Laos promotes PM Thongloun as leader of communist party

The Lao People's Revolutionary Party has elected Prime Minister Thongloun Sisoulith, 75, to the communist country's top post of secretary-general, in a move that is expected to increase the party's ... ( read original story ...)

Posted on January 27, 2021

Laos elects PM to top job of secretary-general

Given the heavy repayment burden, analysts warn that Laos may default on some of its obligations. The Financial Times reported in September last year that Laos had asked China to restructure its debt. ( read original story ...)

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