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Cross-border payments trial in mid-2025

The HKMA is in talks with the People’s Bank of China over details of linkages, says Eddie Yue. SING TAO Themis Qi The instant cross-border payment between Hong Kong and mainland China via the Faster Payment System is expected to start trial in mid-2025, the Hong Kong Monetary Authority said yesterday. At Hong Kong […]

HK Airlines now flies daily to Chiang Mai

Chiang Mai becomes Hong Kong Airlines’ third destination in Thailand, joining Bangkok and Phuket, with daily flights now available. The budget carrier’s new daily direct service offers travelers more options for exploring the popular destinations of Northern Thailand. The launch is in time for Thailand’s Loy Krathong – or Festival of Lights – […]

StarTimes pulls out of NPFL broadcast deal

The Nigeria Premier Football League (NPFL) has suffered a significant setback as its official broadcast partner, StarTimes, has terminated its five-year deal worth over N1 billion. The termination is coming just months after its signing in November 2023. NPFL Board Chairman Gbenga Elegbeleye declined to comment on the development when contacted by PREMIUM TIMES, stating, […]

Chinese retail giant revives IPO ambitions

KEY CUSTOMERS: The bulk of MDL’s business comes from the group’s own stores. Cici Cao MDL Wholesale, a food and fast moving consumer goods supply chain provider controlled by China’s retailing conglomerate Wumart Group, has applied for an initial public offering in Hong Kong, underscoring the IPO ambitions of Wumart founder Zhang Wenzhong. Zhang […]

Exempting varsities from Act 605 can get rid of ‘kangkung professors,’ says academic

Malaysian Academic Movement deputy chairman Zaharom Nain said certain laws that are restrictive need to be abolished to allow universities, academics and students to freely pursue knowledge based on critical thinking and evidence. (File pic) PETALING JAYA: An academic says exempting public universities from the Statutory Bodies (Discipline and Surcharge) Act 2000, or Act 605, […]

Israel strikes Iran in retaliatory attack

Israel launched “precise strikes on military targets in Iran” in the early hours of Saturday, officials said. The Israel Defense Forces (IDF) said the strikes were in response to “months of continuous attacks” from Iran and its proxies in the region. PREMIUM TIMES reported that Iran, on 1 October, launched nearly 200 ballistic missiles at […]

Kyodo News Digest: Oct. 25, 2024

A large-scale anti-disaster drill is conducted at Tokyo’s Haneda airport on Oct. 24, 2024, simulating a passenger plane catching fire after a failed landing that has left many passengers injured. About 1,000 people, including firefighters, police officer and airport officials, took part in the drill, which followed a Japan Airlines plane collision with a Japan […]