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Australian government push to tap China market heats up industry debate about over-dependence

Australia’s economy has become too reliant on China as a result of a government push for domestic industry to maximise exports to the world’s second largest economy, industry submissions to a government inquiry say.Business groups also singled out Australian government policies, including management of bilateral relationships with Indonesia and India, as hurting access to alternative markets.While some Australian export industries are not reliant on demand from China, companies like those in…




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High winds cause an estimated 50,000 trees to fall in Šumava Park

Prague Daily Monitor

The high winds from the "orkan" of the past few days have caused an estimated 50,000 trees to fall in the Šumava National Park. The exact count of the damage to the park is still being calculated by park rangers.

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One of world's oldest men marks 116th birthday in South Africa

Fredie Blom says cigarettes were his only birthday wish this year.




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Ocean Park in Hong Kong may run out of cash by September, CEO warns, but no decision on when the coronavirus shutdown will end

Ocean Park could run out of cash by September, its CEO warned on Friday as he estimated the Hong Kong attraction had missed out on nearly 1 million visitors over three months of its coronavirus shutdown.With the health crisis intensifying the resort’s financial woes, Matthias Li Sing-chung said no decision had been made on when the park would emerge from the shutdown imposed on January 26, but said it could return within two weeks once conditions were deemed suitable, even if some social…




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Hong Kong government to propose revised bailout plan for Ocean Park soon

A revised bailout plan will be proposed by the Hong Kong government very soon to save Ocean Park from running out of cash as early as in June, the Post has learned.Two sources said that a HK$10.6 billion (US$1.35 billion) proposal tabled in January would not go ahead with officials unveiling an alternative on Monday at the earliest, after the Covid-19 pandemic forced the theme park on Southern district to shut down temporarily.On Friday night, the legislature’s Finance Committee announced that…




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Coronavirus: Open markets back in business after lockdown (updated)

Open markets in Limassol, Dherynia, and Larnaca began operating again on Saturday for the first time since the lockdown measures were enforced. The openings followed similar moves in Nicosia after the government decided to ease restrictions last week. “There is order, safety, calm and people are shopping,” Limassol Mayor Nicos...

The post Coronavirus: Open markets back in business after lockdown (updated) appeared first on Cyprus Mail.




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Sona Mohapatra slams Ram Gopal Varma for sexist remark on domestic violence

Sona Mohapatra recently called out controversial filmmaker Ram Gopal Varma after he made a sexist remark




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Coronavirus: Denmark and Norway further relax COVID-19 restrictions

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Are the COVID-19 lockdowns sparking a rise in eco-fascism? | Culture Clash

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'We'll Meet Again': Britons mark VE Day with song

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Meghan Markle and Prince Harry residing in actor Tyler Perry's mansion: report

Oprah Winfrey has reportedly arranged for the Duke and Duchess to move into Tyler Perry's mansion




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Prince Harry and Meghan Markle's exit to get turned into a movie

Prince Harry and Meghan Markle are now going to have a film based on their life as well




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Meghan Markle, Prince Harry's biographer dishes the details about explosive tell-all book

Meghan Markle, Prince Harry gave interviews for the book to the authors before they left UK




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Iran quake kills at least one, sparks panic in capital

TEHRAN: An earthquake struck early Friday near Iran's highest peak and jolted Tehran, killing at least one person and injuring more than 20 as people ran for their lives.The shallow 4.6 magnitude quake hit at 00:48 am near the city of Damavand, about 55 kilometres east of Tehran, the US Geological...




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Europe, US mark 75 years since end of WWII

BERLIN: Europe and the United States mark 75 years since the end of World War II on Friday in a sombre mood as the coronavirus pandemic forced the cancellation of elaborate ceremonies even as Berlin declares an exceptional holiday for the first time.German Chancellor Angela Merkel will join...




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Egypt's Sisi ratifies emergency law amendments sparking rights concerns

CAIRO: President Abdel Fattah al-Sisi has ratified a host of amendments to Egypt’s emergency law which an international rights groups says expands “repressive powers” as the country’s battles the coronavirus. Egypt has been under a state of emergency since April 2017 when...




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Iran quake kills one, sparks panic in capital

TEHRAN: An earthquake struck early Friday near Iran’s highest peak and jolted Tehran, killing at least one person and injuring more than 20 as people ran for their lives. The shallow 4.6 magnitude quake hit at 00:48 am near the city of Damavand, about 55 kilometres east of Tehran, the US...




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Pakistanis crowd markets as virus lockdown eased

Pakistanis crowded markets Saturday after a nationwide coronavirus lockdown was eased, despite the country declaring its second highest daily infection toll.




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Inside the camps in Cox’s Bazar, lives are gradually being rebuilt -- by Manmohan Parkash

At Camp No 5, in Cox's Bazar, there are about 632,000 displaced people still living in terrible conditions. But an international humanitarian effort is helping people in the community in southern Bangladesh live a better life. 




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In Wenchuan, they really did build back better -- by Ilan Noy, Benno Ferrarini, Donghyun Park

‘Build back better’ is often easier said than done after a disaster, but one example from the People’s Republic of China shows that it can be done well. 




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汶川灾后重建得更好 -- by Ilan Noy, Benno Ferrarini, Donghyun Park

灾后“重建得更好”通常说起来容易,做起来难,但中华人民共和国的例子表明,这是可以实现的。




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Asia’s vibrant elderly are redefining what it means to be “old” -- by Cyn-Young Park (朴信永), Aiko Kikkawa Takenaka, Raymond Gaspar

The Asia and Pacific region is aging rapidly, and that is affecting the region’s workforce, but increased longevity is adding an unexpected element to the picture




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How to strengthen Asia’s financial safety net -- by Cyn-Young Park (朴信永), Peter Rosenkranz, James Villafuerte

Past financial crises have demonstrated how adequate financial safety net arrangements—globally, regionally, and nationally—are vital to safeguarding financial stability.




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Markets key to Asia’s success -- by Takehiko Nakao

Despite variations across countries on policy mix and timing, a pragmatic focus on sustained growth, poverty reduction, and inclusiveness characterize Asia’s economic rise 




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Enhancing road safety with intelligent transport system technology -- by Pawan Karki

In recent years, particularly in many developing countries, road developers have failed to give sufficient consideration to road safety features in the design and construction of highways. As a result, these roads have become more deadly.




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Taxing emissions in Singapore -- by Donghyun Park, Shu Tian, Mai Lin C. Villaruel

Singapore’s carbon tax is designed to maximize green investments while minimizing negative effects on the overall economy.




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How can Asia avoid fallout if COVID-19 triggers a debt crunch? -- by Cyn-Young Park (朴信永)

Asia’s economies have generally maintained sound macroeconomic policies that can help the region withstand this latest challenge and emerge even stronger.




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如果新冠肺炎疫情引发债务危机,亚洲如何免受冲击? -- by Cyn-Young Park (朴信永)

亚洲经济体普遍采取了稳健的宏观经济政策,这有助于亚洲渡过此次难关,变得更加强大。




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COVID-19 highlights Asian banks’ vulnerability to U.S. dollar debt -- by Cyn-Young Park (朴信永), Peter Rosenkranz

The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.




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Let’s support the supply lines that keep health workers safe from COVID-19 -- by Cyn-Young Park (朴信永), Kijin Kim

The production processes and supply chains that feed into the production of masks, gloves and other personal protective equipment must be secured.




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A COVID-19 contagion for the world’s stock markets -- by Donghyun Park, Shu Tian

These charts illustrate how Asian and global stock markets reacted to the COVID-19 pandemic, with market reaction closely following local outbreaks and then moving in unison with global markets amid other shocks.




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新冠肺炎疫情凸显亚洲的银行对美元债务的脆弱性 -- by Cyn-Young Park (朴信永), Peter Rosenkranz

疫情之下,危机并存。亚洲的银行可借机合作,开展区域金融改革,增强自身抵御危机能力。




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Mapping Asia’s epidemics -- by Ilan Noy, Benno Ferrarini, Donghyun Park

Countries can minimize the economic risk of epidemics by investing in the tools needed to predict disease emergence.




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In-N-Out Burger planning to open near Lone Tree’s Park Meadows mall next year

Colorado Springs is the beachhead. But it's always been clear In-N-Out Burger planned to feed its fanatical following along the Front Range by building more than just the one restaurant coming to that city in 2020.




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KMC to introduce app for field staff to mark attendance without coming to office

The Karachi Metropolitan Corporation is going to introduce a mobile application to ensure punctuality of its employees and facilitate their work.Karachi Mayor Wasim Akhtar announced this while addressing a meeting at the Frere Hall on Friday. He also announced that applications were sought for...




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Wuhan market had role in virus outbreak, but more research needed: WHO

A wholesale market in the central Chinese city of Wuhan played a role in the outbreak of the novel coronavirus last year, as the source or possibly as an “amplifying setting”, the World Health Organisation said on Friday, calling for more research.

Chinese authorities shut down the market in January as part of efforts to stop the spread of the virus and ordered a temporary ban on trade and consumption of wildlife.

“The market played a role in the event, that’s clear. But what role we don’t know; whether it was the source or amplifying setting or just a coincidence that some cases were detected in and around that market,” said Dr Peter Ben Embarek, a WHO expert on food safety and zoonotic viruses that cross the species barrier from animals to humans.

It was not clear whether live animals or infected vendors or shoppers may have brought the virus into the market, he told a Geneva news briefing.

US Secretary of State Mike Pompeo has said there is “a significant amount of evidence” the virus came from the Wuhan laboratory, although he has also said there wasn’t certainty.

Read: The Wuhan lab at the core of a virus controversy

No public evidence has linked the outbreak to the lab in Wuhan and scientists have said the coronavirus appears to have developed in nature. A German intelligence report cast doubts on Pompeo’s allegations, Der Spiegel reported.

Ben Embarek did not address the accusations. He noted that it took researchers a year to identify camels as the source of the Mers (Middle East Respiratory Syndrome) virus, a coronavirus that emerged in Saudi Arabia in 2012 and spread in the Middle East, adding: “It’s not too late.”

“What is important, what would be of great help, is to get hold of the virus before it adapted to humans, before the version we have now. Because then we would better understand how it adapted to humans, how it evolved,” he said.

“In terms of investigations, China has most probably, most likely, all the expertise needed to do these investigations. They have lot of very qualified researchers to that,” he said.

A common sight across Asia, wet markets traditionally sell fresh produce and live animals, such as fish, in the open air.

Many markets worldwide that sell live animals must be better regulated and hygiene conditions improved, and some should be closed down, Ben Embarek said. “But the vast majority can be fixed, can be better organised.”

It is often a question of controlling waste management, the movement of people and goods, and of separating live animals from animal products and from fresh goods, he said.




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ADB Sells $4.5 Billion 5-Year Global Benchmark Bond

ADB returned to the US dollar bond market with the pricing of a $4.5 billion 5-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.




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India office property market overview

Mumbai: During 1Q 2014, the Mumbai office markets witnessed a further decline in office space absorption indicating cautious occupier sentiment. This lack of demand can be attributed to a low level of IT/ITeS sector participation in the overall absorption, which is currently the primary demand generating sector across the cities. This quarter only about 0.42 million sq ft of Grade A office space was leased with a few mid-sized deals concluded in Central and Western Suburbs, and Navi Mumbai. Construction activities remained slow. No projects / phases of projects were completed this quarter. Developers also refrained from launching new projects due to low demand. More than 7.5 million sq ft […]




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Iran quake kills at least one, sparks panic in capital

An earthquake struck early Friday near Iran's highest peak and jolted Tehran, killing at least one person and injuring more than 20 as people ran for their lives.




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Uzbekistan: Samarkand Solar Power Project

In 2005, the energy sector emitted 88% of Uzbekistan’s 200 million tons of carbon dioxide equivalent greenhouse gas emissions. With the high solar irradiance and abundant land for solar development of Uzbekistan, solar energy was deemed as the most suitable resource that could quickly bridge the energy supply–demand gap, diversify the generation mix, and reduce emissions.




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Economic Integration in Central Asia Regional Economic Cooperation Member Countries: Financing Economic Corridors and Sovereign Bonds Market

The global financial architecture should focus on providing short-term lending facilities to improve the efficiency of developing projects.




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Land sharks eyed murder victim’s house

KOLKATA: The absence of a clear motive and strong indication that an “insider” might be involved in the murder of an elderly citizen at Deshapriya Park has sent neighbours of this upscale locality in shock. What adds to their anxiety is that Ranajit Chatterjee was being pursued by local promoters for the last two years to sell off his ancestral property worth crores now. Chatterjee refused. Police say his daughter cannot recall if he was ever threatened for this, but they will investigate this angle. “After what transpired at Short Street, we can hardly take a chance,” said a senior officer. Local residents – including actor Biplab Chatterjee – say […]




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Indian Property Market Takes A Small Step Out of the Shadows

Few that have bought or even rented real estate in India would be surprised by a recent survey showing the property market here can be maddeningly murky. Jones Lang LaSalle’s Global Real Estate Transparency Index showed that while things have improved, Indian cities still have to work on transparency. The Chicago-based real-estate consultant said India needs to go further to create more clarity on the rules connected to property purchases and real estate prices. “India still scores among the lowest in the transparency of its transaction process,” the report said. Jones Lang LaSalle looked at just over 100 markets around the world and rated them on a dozen parameters ranging […]




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HARMAN Reinvents Aftermarket with New Plug and Play Vehicle Specific Audio Upgrade Packages

CES 2014, LAS VEGAS – HARMAN, the premium global audio and infotainment group (NYSE:HAR) debuted several new products for the mobile aftermarket today at CES, continuing its tradition of leadership for best-in-class car audio.




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HARMAN’s Infinity Brand Pushes New Boundaries with Linkin Park Partnership and New Product Lines

CES 2014, LAS VEGAS – HARMAN, the premium global audio and infotainment group (NYSE:HAR), today announced at the Consumer Electronics Show (CES) that GRAMMY Award-winning, multi-platinum alternative rock band Linkin Park will be the new brand ambassadors for the Infinity brand. Reflective of a common history of pushing boundaries, challenging convention, and producing cutting-edge sound, the exclusive five-year partnership between Linkin Park and Infinity will go beyond advertising to include collaboration in product design. To mark the new relationship, Linkin Park will help unveil a sneak peek of two all-new Infinity product lines – the Infinity Reference Loudspeakers Series and the brand’s first portable wireless sound system, called Infinity One.




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HARMAN Advances In China with New Wins and Market Introductions

AUTO CHINA 2015, SHANGHAI – HARMAN, the premier audio, infotainment and software services company (NYSE:HAR), continues to make strides in China’s fast-growing auto market with new business wins and market roll-outs of infotainment and audio solutions with regional OEMs.




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HARMAN Car Audio China Sales Outpacing Market By 3x

Shanghai Auto Show 2019 – SHANGHAI – April 16, 2019 – At the Shanghai Auto Show, HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, announced...




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Designing Connected Experiences in the Consumer Age: Q&A with HARMAN’s Executive Vice President and Chief Marketing Officer, Ralph Santana

Today’s companies see the importance of design as more consumers demand elegance alongside flawless functionality and exceptional user experience. As a company that has created countless ingenious product designs in different markets all over the ...




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We’re All Ears for No Shark Fins—Smart Conformal Antenna

Embedded connectivity is one of the latest technological trends that has been enthusiastically embraced by the automotive industry. As the modern car becomes increasingly connected, the number of vehicle radio services for aviation, infotainment, ADAS...




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The Future In-Car Experience and What It Means for Marketers