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Myanmar torches $60mn worth of drugs

  Yangon / AFP Myanmar police on Sunday torched drugs with a street value of nearly $60 million as authorities struggle to tackle the scourge of poppy cultivation and shut down pill laboratories in lawless border zones. The impoverished nation remains the world’s second biggest producer of opium from which heroin is made, according to the United Nations. Decades of ...

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Apollo Hospitals signs pact with HESCG to develop hospital in China

  Hyderabad / Tribune News Service Apollo Hospitals group signed an agreement with Chinese infrastructure firm Hainan Ecological Smart City Group (HESCG) to jointly develop an integrated modern healthcare services facility and systems in Hainan province, where a smart city is being developed in China’s largest special economic zone. The collaboration with Apollo Hospitals would begin with the development of ...

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China logistics to delay $400mn IPO on Brexit jitters

  Shanghai / Bloomberg China Logistics Property Holdings Co., the warehouse developer backed by Carlyle Group LP, will delay the launch of its $400 million Hong Kong initial public offering, people with knowledge of the matter said. The Shanghai-based company will postpone the start of the share sale until June 29 due to volatile market conditions after Britain voted to ...

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