Bloomberg The crash of Sriwijaya Air Flight 182 is another blight on Indonesia’s already poor aviation safety record. The country has had several incidents linked to safety issues in the past, including poor maintenance, pilot training, communications or mechanical failures and air-traffic control problems. It’s the worst place in Asia to take an airplane, with 104 accidents and 2,353 related ...
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S’pore to legislate on contact-trace data use
Bloomberg Singapore’s government plans to create urgent legislation to formalise the use of virus contact-tracing data in investigations of serious crimes. Legislation will be introduced in the next sitting of parliament in February to limit the use of the data to probes of seven categories of serious crimes, the Smart Nation and Digital Government Office said in a statement. Those ...
Read More »Didi fined in Beijing for virus control violations
Bloomberg An online car hailing platform of DiDi Chuxing was fined 340,000 yuan ($53,000) for failing to implement the government’s requirements on coronavirus prevention, the Beijing Municipal Commission of Transport said at a briefing on Sunday. Didi’s drivers were fined a combined 1.07 million yuan for failing to sterilise cars, wear masks or failing to refuse passengers with no masks, ...
Read More »Demand for Chinese goods creates container shortage
Bloomberg Global demand for Chinese goods has been so strong recently it’s creating a shortage of containers and driving up shipping costs, potentially impeding the nation’s exports in coming months. Exports have been on a tear since July last year, fuelled by pandemic-related purchases like medical masks and work-at-home equipment, including computers. Imports haven’t been growing at nearly the same ...
Read More »Vedanta launches offer for 10% of India unit
Bloomberg Vedanta Resources launched an open offer for a 10% stake in its India unit, two months after a failed delisting attempt for Vedanta Ltd. The London-based parent of Mumbai-listed Vedanta Ltd will buy as many as 371.75 million shares, comprising 10% of the outstanding equity of the Indian unit, according to an exchange filing. The open offer, which will ...
Read More »India to begin vaccine roll out from January 16: Ministry
Bloomberg India will kick start one of the world’s largest coronavirus inoculation campaigns, aimed at stemming the spread of a disease that has infected 10.4 million people within its borders and plunged its economy into recession. Starting January 16, the South Asian nation will start administering the first shots of a Covid-19 vaccine on nearly 30 million healthcare workers and ...
Read More »Trump plans defiant final week as many Dems urge his ouster
Bloomberg Banned from social media and abandoned by some staff after inciting a riot at the US Capitol, President Donald Trump and a dwindling circle of advisers plan a defiant final week in office, according to people familiar with the matter. Trump is confident Vice President Mike Pence and members of his cabinet won’t attempt to remove him under the ...
Read More »US, Western allies ‘concerned’ over Hong Kong arrests
Bloomberg The US Secretary of State and foreign ministers of the UK, Canada and Australia expressed their “serious concern†about the arrest of 55 politicians and activists in Hong Kong, the governments said in a joint statement. Hong Kong’s National Security Law, under which the arrests were made, is a breach of the Sino-British Joint Declaration and undermines the “one ...
Read More »Sweden shuns Nato as stability outweighs worries about Russia
Bloomberg Sweden’s top defense official said staying out of North Atlantic Treaty Organisation (Nato) remains the best security option for the country, even with an increasingly assertive Russia. A Swedish application for Nato membership would “affect the entire security policy architecture in our part of Europe,†Defense Minister Peter Hultqvist said in an interview in Stockholm. “Above all, it puts ...
Read More »Philippines lawmakers to open talks on amending constitution
Bloomberg Philippines House Speaker Lord Allan Velasco renewed a proposal to amend the country’s Constitution by lifting restrictive economic provisions to attract more foreign investments. A resolution from the Senate and the House of Representatives seeks to insert the phrase “unless otherwise provided by law†to several sections of the Constitution involving national patrimony and economy; education, science and technology; ...
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