China on Thursday cut off a channel for diplomatic and trade talks with Australia in a largely symbolic act of fury, following clashes over a wide range of issues including human rights, espionage and the origins of Covid-19.
Heading out for a cheat meal this weekend? Check out one of these lip-smacking a la carte buffets that are also pocket-friendly! Like most self-professed foodies in Singapore, the one thing that made everything feel better during Circuit Breaker was the fact that you could […] The post 7 A La Carte Buffets To Enjoy During Phase 3 appeared first on SingSaver Blog - We Compare, You Save.
268,000 people from Kuala Lumpur and Selangor will receive their AstraZeneca jabs from today. #CucukMyAZ This article, Thousands turn up for first dose of AstraZeneca vaccine in Malaysia, originally appeared on Coconuts, Asia's leading alternative media company.
Police are investigating the cause of a blaze that broke out in a Hong Kong residential block on Wednesday, sending a woman to hospital and forcing more than 30 to flee from their homes. Emergency personnel were sent to the six-storey building on Canton Road in Mong Kok at 12.08am when a first-floor flat burst into flames. No one was inside the flat at the time, according to police. Dense smoke billowed out from the burning flat, spreading to the staircases and forcing 32 tenants to flee the building.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. According to the Fire Services Department, 12 fire engines and two ambulances were deployed to the scene. “Firefighters had to break through the door to enter the flat and fight the blaze with two water jets,” its spokeswoman said. Four family members, including 2-year-old girl, killed in blaze She said the flat was packed with piles of sundry items and firefighters spent more than two hours battling the flames. A search was also carried out inside the flat to ensure no one was trapped. Two female tenants inhaled smoke while fleeing from the building and complained of feeling unwell. One of them, aged 40, was sent conscious to Kwong Wah Hospital in Yau Ma Tei for treatment. The other one was treated at the scene. The spokeswoman said initial investigation found nothing suspicious about the cause of the fire, and the case had been handed over to police. A police spokesman said some accelerant substances were found at the scene and officers were investigating the cause of the blaze. There were two cases of deadly fire in the city over a stretch of four days last month. On April 16, a 47-year-old woman, her two daughters and granddaughter were killed in a fire at their flat in Kwun Tong. The woman’s husband was also critically injured. Fatal fire at Hong Kong housing estate leaves one dead, one injured Police said a lithium battery in an electric massage chair in the flat was suspected to have overheated, causing the piece of furniture to burst into flames. The fire department said a task force had been set up to investigate the cause of the blaze. On April 19, a 70-year-old man suffered serious burns while trying to put out a fire that broke out in his Sham Shui Po flat. He died in hospital the next day.More from South China Morning Post:Fatal fire at Hong Kong housing estate leaves one dead, one injuredFour family members, including 2-year-old girl, killed in Hong Kong housing estate blaze after massage chair catches fireThis article Police investigating cause of midnight blaze in Hong Kong residential block first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Imagine never having to call to waive your credit card annual fee… ever. That’s the dream, isn’t it? Here are four ways to enjoy no annual fees for life. Most credit cards in Singapore come with no annual fee for only the first year or […] The post 4 Types Of Credit Cards With Lifetime Annual Fee Waivers appeared first on SingSaver Blog - We Compare, You Save.
American warplanes were backing Afghan forces against a major Taliban offensive in the south of the country even as the US military pressed on with a troop withdrawal, officials said Wednesday, but insurgents still captured a northern district.
Kingdee International Software Group, China’s biggest enterprise software company, is expanding in cloud services at the expense of short-term profits to capitalise on what its president calls a “once-in-a-lifetime” opportunity, as the US-China tech war pushes local firms to rethink their reliance on American technology. Cosmic, Kingdee’s cloud services business for large corporations, is expected to double its revenue in 2021, capturing part of a domestic boom fuelled by the country’s push for technological self-reliance and software localisation, the company’s rotating president Shen Chongfeng said in an interview with the South China Morning Post in Shenzhen on April 21. Revenue for Cosmic, which targets large Chinese enterprises, tripled in 2020, reaching 190 million yuan (US$29.3 million) as it signed up more than 300 new clients. Tensions between Washington and Beijing have led Chinese state-owned enterprises (SOEs) to start ditching software from US-based Oracle and Germany’s SAP for homegrown technology providers.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “We are facing clients that have the demand to replace their enterprise software with domestic systems, especially state-owned enterprises, and even those that used to be clients of SAP and Oracle,” Shen said. In recent years, Beijing has stepped up its push for homegrown technology development in the semiconductor and software sectors, offering tax incentives and broadening channels for financing, among other policies, amid a protracted tech war that has expanded from 5G and chips to internet services. Chinese President Xi Jinping has called on domestic companies to be patriotic and innovative, asking them to align their business strategies with China’s needs. Kingdee hopes its new clients, which include embattled Shenzhen-based telecoms equipment giant Huawei Technologies Co and state-owned electricity provider State Power Investment Corp, will be models for other large Chinese enterprises looking to shift their operations to a domestic corporate software company, according to Shen. “We want to work together with other Chinese companies to break the stranglehold of technology, especially after the US-China trade war,” Shen said. “Kingdee’s Cloud Cosmic platform is entirely based on open-source technology, free of reliance on any foreign operating systems and databases to be compatible domestically. We will seize this opportunity.” Kingdee has also been undergoing a transformation of its own, as it increasingly relies on offering software as a service (SaaS), a subscription-based cloud service model that brings in recurring revenue for software stored and maintained on external servers. The model, already common in the US, often helps companies reduce costs by not having to maintain their own large tech support teams and servers. Huawei looks to cloud services as US sanctions hit smartphone business This transformation, however, means continuous investment in new technologies and divestment of traditional software licensed for personal computers. Shen said the company terminated the sale of two licensed products last year, which used to bring in 400 million yuan in profit, and hired more than 1,000 research and development personnel for Cosmic. As a result, Hong Kong-listed Kingdee reported a loss of 335 million yuan last year, swinging from 373 million yuan in profit in 2019. Revenue increased 1 per cent for the year to 3.4 billion yuan, 57 per cent of which came from its fast-growing cloud business, which has not kept up with the decline of its enterprise resource planning (ERP) software business. “Our revenues and profits are under some pressure … but we must seize the once-in-a-lifetime, historical opportunity for the cloud transformation amid China’s push for domestic replacements, and continue to actively boost our investments,” Shen said. Kingdee, whose Chinese name jindie literally means golden butterfly, was created by former finance official Xu Shaochun in the early 1990s to offer a localised accounting tool for Chinese businesses. As the country’s economy boomed in the following decades, Kingdee emerged as one of the largest corporate software developers in China. It started advocating cloud computing in 2012, according to the company’s website. In 2014, in a symbolic gesture of Kingdee’s commitment to a cloud-based future, Xu publicly smashed a piece of server hardware. Kingdee is now one of the biggest players in China’s enterprise SaaS industry, making up 5.8 per cent of the market. The industry remains highly fragmented, with the top five vendors making up a fifth of the market in China, according to IDC, which estimated its size at US$1.4 billion in the first half of 2020. ByteDance launches a cloud documents app as TikTok struggles overseas Much of the market’s future growth could rely on small and medium-sized enterprises (SMEs), which may not have the resources to invest in their own technological infrastructure. IDC estimates that cost-cutting from small businesses will result in stagnant industry growth this year, rebounding 40 per cent in 2022 as companies start to recover from the pandemic, which hit the service industry hard during lockdowns. SMEs are an important part of Kingdee’s bottom line, accounting for 60 per cent of its cloud business in 2020, according to financial filings. Large clients like Huawei only accounted for 10 per cent of cloud revenues last year. Shen said the company offered cloud subscription discounts to some of its small clients in 2020. Revenues from Kingdee’s Cloud Galaxy, its SME-facing platform, grew 31 per cent to 1.14 billion yuan in 2020, slower than its 44 per cent growth in the previous year. However, Shen struck a positive note for 2021: Kingdee’s cloud business for SMEs showed strong growth in the first quarter, he said.This article US-China tech war: software maker Kingdee sees opportunity in shift to domestic cloud services market first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
At least 10 COVID-19 cases of the Indian variants have been detected in Singapore's community, with half linked to the Tan Tock Seng Hospital (TTSH) cluster, including the 46-year-old Filipino nurse who is fully-vaccinated.
Thousands of Shiite Muslim devotees –- many not wearing masks -- gathered in Pakistan's eastern city of Lahore for a religious procession on Tuesday, fanning fears about the spread of the coronavirus after similar crowds were blamed in neighbouring India for its own surge.
Robin Zeng Yuqun, the founder of Contemporary Amperex Technology (CATL), has overtaken Li Ka-shing as the wealthiest person in Hong Kong, according to Forbes. Zeng’s real-time net worth, which stood at US$34.5 billion as of Wednesday, has surpassed that of Li’s by US$0.2 billion. They were ranked 41st and 42nd respectively, in the magazine’s real-time global rich list. The Forbes real-time billionaires’ rankings track the net worth of each of the world’s richest people and are updated in real time. This is not the magazine’s annual rich list. As of Wednesday, Amazon’s Jeff Bezos topped the list with a net worth of US$193.2 billion, followed by LVMH’s Bernard Arnault and family.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Car component suppliers have benefited from a strong demand for electric vehicles (EVs) in recent years. It is estimated that the EV market could rise to 45 per cent globally by 2040, according to Fitch Ratings. This boom in EVs has helped Zeng’s net worth grow more than 2.5 times since March 2020. He owns a 25 per cent stake in CATL, whose clients include carmakers Tesla, BMW and NIO. Its battery packs are, in fact, used by most new EV brands. Li, 92, on the other hand, has been Hong Kong’s richest man for decades. He founded the conglomerate Cheung Kong Holdings. In 2018, he stood down with son Victor Li Tzar-kuoi succeeding him at the helm of the conglomerate. In recent years, the shares of Li’s property development flagship CK Asset Holdings have fallen from a high of HK$72 a share to HK$49. Last year, he was briefly overtaken by Henderson Land Development’s Lee Shau-kee as Hong Kong’s wealthiest individual. Zeng, 53, was born in China’s Fujian province and acquired Hong Kong residency through a government scheme in 2005. He founded CATL, the world’s largest manufacturer of batteries for EVs in 2011. The company, which had a market capitalisation of 904 billion yuan (US$139.6 billion) as of Wednesday, was listed on the Shenzhen Stock Exchange in 2017. Its share price has surged by more than twofold since last year. The Quality Migrant Admission Scheme, under which Zeng got his residency, was launched by the Hong Kong government in 2006 to attract highly-skilled persons to the city. A total of 7,127 applicants had been accepted under the programme as of January, according to government data.More from South China Morning Post:China’s largest battery maker CATL plans to build a US$5 billion Indonesia plant as Widodo extends overture to Elon MuskChinese EV battery firm CATL to shore up cobalt supply with US$137.5 million stake in China Moly mineThis article Founder of Tesla supplier CATL topples Li Ka-shing as Hong Kong’s richest man first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
After years of proxy warfare, Saudi Arabia's secret talks with arch-rival Iran signal a high-wire diplomatic act as it scrambles to rein in Tehran-backed Yemeni rebels, although prospects of a breakthrough look remote.
The United States should prepare for the possibility that its strategy to rally allies to confront China may not succeed in pressuring Beijing to alter its behaviour, the White House’s top Asia official said on Tuesday. One abiding belief held by China analysts was that the Chinese government would alter course if it faced opposition from a front of other countries, said Kurt Campbell, who serves as the Indo-Pacific coordinator on the Biden administration’s National Security Council. “I believe that there is some hope for that, but at the same time I do believe that Chinese foreign policy is in the midst of a substantial evolution,” Campbell said during a discussion event hosted by the Financial Times.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. “It’s entirely possible that in some circumstances they will simply double down and that they will not backtrack,” he said. “And I think we have to recognise that some elements of our playbook may require revision.” As the Biden administration has formulated its nascent China policy, senior officials have repeatedly highlighted the need to bolster partnerships with allies to confront Beijing, distancing themselves from the go-it-alone approach of the previous administration. In the new administration’s first three months, the push for multilateralism has brought coordinated sanctions with allies against Beijing over its treatment of ethnic minority groups in China’s far west; a rare joint statement from Tokyo and Washington regarding the importance of peace in the Taiwan Strait; and a G7 session this week dedicated entirely to the challenges posed by Beijing. Yet Chinese officials have shown little sign of bowing to the mounting pressure, instead issuing their own retaliatory sanctions, dismissing criticism as interference in China’s internal affairs, and using a bilateral meeting in Alaska to chastise US diplomats in front of the cameras over their claims to occupy a “position of strength”. Speaking on Tuesday, Campbell did not suggest that a refusal by Beijing to change course in the face of an international front meant the policy was not worth pursuing. Rather, he said, a coordinated approach would help the US and allies to better defend their interests should China continue to rebuff their grievances. “The reason that we work together with other countries is not simply about the hope that China will change course, but [is also] for the goal of working with other countries in and of itself,” Campbell said. “It leads to greater resiliency: we may need to work more closely together if we face, in some circumstances, an implacable set of circumstances with regard to China.” Campbell’s remarks come as the Biden administration wades through an inter-agency review of its China policy, touching on matters ranging from defence to the suite of tariffs on Chinese imports – a legacy of the Trump administration. What is going on in Xinjiang and who are the Uygur people? Top US officials have publicly expressed the belief that the Chinese government under President Xi Jinping is pursuing an increasingly authoritarian agenda, be that domestically, in the Indo-Pacific region or in multilateral forums such as the United Nations. US Secretary of State Antony Blinken said in a recent CBS interview that Beijing was “acting more repressively at home and more aggressively abroad”, while US President Joe Biden last week described Xi as an autocrat who was “deadly earnest about [China] becoming the most significant, consequential nation in the world”. The prospect of a Chinese government increasingly defiant of international pressure came as Xi chose to surround himself with a smaller number of loyalists, said Campbell, a long-time China expert who previously served as Barack Obama’s top diplomat overseeing East Asian and Pacific affairs. Xi had moved China’s governance away from a model of collective leadership towards a scenario in which he would listen to the counsel of three to seven advisers, according to Campbell, who said: “He is a person who likes to be reaffirmed in his views.” Asked about any plans for Biden to convene a face-to-face meeting with Xi, Campbell suggested that such an event was a way off. “We want to make sure that the set of circumstances domestically in the United States are appropriate before we undertake some of the things that we’re contemplating [regarding China] as we go forward,” he said. The Biden administration’s early approach to handling relations with Beijing – keeping in place many of the Trump administration’s unilateral policies while fortifying partnerships with like-minded nations – represented “the worst of all worlds” for Beijing, said Elizabeth Economy, a senior fellow for China studies at the Council on Foreign Relations. Despite the double-pronged approach, it would be “very difficult” to get China to change course on issues surrounding Hong Kong and Xinjiang, said Economy, speaking alongside Campbell at the Financial Times event. But that could change if an increasing number of countries in the Middle East and Africa began to join the international outcry over China’s actions in Xinjiang, according to Economy. “It’s easiest for China to push back against this when it’s just the United States or even just the United States and sort of the advanced democracies” because Beijing can frame such opposition as “an effort by the US to contain China in some way”, she said. Additional reporting by Robert DelaneyThis article US efforts to rally allies may not sway China, says Joe Biden’s top Asia official first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
Malaysia’s Disney+ will cost RM54.90 every three months. This article, Disney to launch ‘Hotstar’ streaming service in Malaysia in June, originally appeared on Coconuts, Asia's leading alternative media company.
Upset that a police officer who was supposedly shouting at him for being near a police operation, a lawyer shouted back, claiming that he was an officer of the Supreme court and that he was "bigger" than the police officer.
The largest real-world study yet of the Pfizer/BioNTec vaccine on Thursday confirmed that the jab provided more than 95 percent protection against Covid-19, but found that the level dropped significantly when people received just one of the two prescribed doses.
A Malian woman who gave birth to nonuplets in Morocco is "doing well" and her nine babies are being treated in incubators because of their weight, the Moroccan clinic where she delivered said Wednesday.
The fate of the European Union’s investment deal with China fell further into doubt after an EU spokeswoman was forced to deny a report on Tuesday saying it had suspended the treaty’s passage to ratification. The French news agency AFP quoted EU trade chief Valdis Dombrovskis as saying in an interview: “We have … for the moment suspended some efforts to raise political awareness on the part of the Commission because it is clear that in the current situation, with the EU sanctions against China and the Chinese counter-sanctions, including against members of the European Parliament, the environment is not conducive to the ratification of the agreement.” AFP’s Twitter feed used the headline “#BREAKING EU suspends efforts to ratify China investment deal: commissioner”, sparking debate among EU-China watchers, trade analysts and others on the social media network.Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. But an EU spokeswoman said Dombrovskis’s comments had been taken out of context. In a written statement, the EU said: “The agreement needs to be now legally reviewed and translated before it can be presented for adoption and ratification. However, the ratification process of the [deal] cannot be separated from the evolving dynamics of the wider EU-China relationship.” It continued: “In this context, Chinese retaliatory sanctions targeting members of the European Parliament, and an entire parliamentary committee, are unacceptable and regrettable. The prospects for … ratification will depend on how the situation evolves.” The deal needs to be approved by the parliament but also the EU Council, which is made up of all 27 heads of state, before it can becomes law. Chinese sanctions leave investment deal with EU on the rocks With dozens of members of the European Parliament being sanctioned by China in March in response to low-level EU sanctions on Chinese officials for human rights abuses in Xinjiang, it seems unlikely to get the votes required in 2022. Nonetheless, the depth of the opposition to the Comprehensive Agreement on Investment (CAI) could be seen in the reaction to the suggestion that the EU was ready to kill it before it reached the parliament. “Considering the frenzied lobbying of multinationals and the German government for the CAI, it’s a huge victory!” tweeted Raphael Glucksmann, a French MEP sanctioned by China in March. Hannah Neumann – a German MEP and a vice-chair of the Subcommittee on Human Rights, the entire membership of which was sanctioned – said that regardless of whether Dombrovskis had spoken out of context, the parliament would vote to take the decision out of the commission’s hands in a motion that would see all debate on the CAI frozen until sanctions are lifted. “There will be a resolution in parliament in the May session. Given the debate we had in plenary and earlier, in the human rights committee, I see a majority to put the CAI ‘in the freezer’, meaning not to deal with it, as long as China upholds its sanctions against elected members of parliament as well as the human rights committee,” Neumann told the South China Morning Post. China, meanwhile, has been urging EU leaders to make faster progress on the treaty. EU lawmakers vow to kill China investment deal over Beijing’s sanctions In a readout of a call between President Xi Jinping and German and French counterparts, the Chinese Foreign Ministry said Chancellor Angela Merkel had remarked that “she hopes that with joint efforts from both sides, the EU-China investment agreement will take effect at an early date”. These or similar words were absent from the German readout. Antoine Bondaz, a China analyst with the Foundation for Strategic Research in Paris, said that China’s sanctioning of MEPs had sealed the deal for the investment deal, which he believed would not pass. “China brilliantly succeeded in doing what it feared the most: to make China an object of an European political debate and above all to unite the different political sensitivities among themselves,” Bondaz said.More from South China Morning Post:China tops agenda as G7 foreign ministers meet in LondonEU aims to cut reliance on China for chips and pharmaceutical materialsChina-EU relations: why Beijing may not want to let Xinjiang sanctions undermine investment dealThis article EU denies it has suspended efforts to ratify China investment deal first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2021.
A shadow government of ousted Myanmar lawmakers said Wednesday it has set up a "people's defence force" to protect civilians, as the police and military deploy deadly arms against anti-coup protesters.
An Italian court convicted two young Americans Wednesday for the murder of a police officer while they were on a summer holiday in Rome, with both handed life sentences.
US President Joe Biden's administration on Wednesday announced its support for a global waiver on patent protections for Covid-19 vaccines, and will negotiate the terms at the WTO.