Connect with us

Asia

Chinese delegation to visit Pyongyang for key anniversary: KCNA

Chinese officials, led by Vice Premier Liu Guozhong, will visit North Korea for its 75th founding day celebration on 9 September, highlighting the enduring alliance between the two nations.

This visit follows recent international interactions in North Korea and sparks speculation about a potential meeting between Kim Jong Un and Vladimir Putin.

Published

on

SEOUL, SOUTH KOREA — A high-level delegation of Chinese officials will visit North Korea this week to attend celebrations for a key national holiday, state media reported Thursday.

Pyongyang celebrates the 75th anniversary of the country’s founding day on 9 September and the nuclear-armed state has previously indicated it will hold a “militia parade” to mark the event.

A delegation headed by China’s vice premier Liu Guozhong “will visit the DPRK to participate in the celebrations of the 75th birthday,” of the country, the official Korean Central News Agency said, using the North’s official acronyms.

The visit came “on the invitation” of North Korea’s party and government, it added.

Beijing is North Korea’s most important ally and economic benefactor, their relationship forged in the bloodshed of the Korean War in the 1950s.

North Korea has been largely closed off from the outside world since early 2020, when it shut its borders in response to the COVID-19 pandemic.

But after three years of COVID-induced isolation, there are increasing signs Pyongyang may be becoming more flexible on border controls.

North Korea’s first international commercial flight in three years landed in Beijing last month.

Pyongyang also allowed a delegation of athletes to attend a taekwondo competition in Kazakhstan in August.

The latest trip comes less than two months after high-level Chinese and Russian delegations visited Pyongyang.

They attended a military parade in the North Korean capital last month — the first foreign dignitaries to visit the country in years.

The Chinese delegation was led by politburo member Li Hongzhong. During the parade, North Korean leader Kim Jong Un stood between Li and Russia’s defence minister Sergei Shoigu, who was also visiting the country.

Kim gave Shoigu a tour of a vast defence expo in Pyongyang, personally walking him through his country’s newest and most advanced weaponry.

There has been growing speculation that Kim — who rarely leaves the North — will meet with Russian President Vladimir Putin to discuss arms trade on the sidelines of a key forum in Vladivostok next week.

— AFP

Continue Reading
Click to comment
Subscribe
Notify of
0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

Asia

Up to 200 athletes tested for doping so far at Asian Games

Between 150 and 200 Asian Games athletes tested for doping, yielding no positive results. Anti-doping efforts emphasized for a clean event, focusing on record-breakers.

Published

on

HANGZHOU, CHINA — Between 150 and 200 Asian Games athletes have already been tested for doping, the Olympic Council of Asia said on Monday, with no positive results so far.

Speaking at an anti-doping press conference on the second full day of the Games in the Chinese city of Hangzhou, the OCA said dope-testing was “gaining momentum” at the event.

Mani Jegathesan, an adviser to the OCA anti-doping committee, warned that drug cheats would be rooted out.

Up to 200 athletes have been tested so far, he said, but any positive results will take several days to come through.

“Every athlete participating in these Games must understand that they could be picked at any time,” Jegathesan warned.

“That is the best step to ensuring we have a clean event.”

There are about 12,000 athletes at the 19th Asian Games, more competitors than the Olympics, and Jegathesan admitted it would be impossible to test them all.

Instead, they will prioritise, including picking out those who break world or Asian records.

— AFP

Continue Reading

Asia

Foodpanda’s restructuring amid sale speculations

Food delivery giant Foodpanda, a subsidiary of Delivery Hero, announces staff layoffs in the Asia-Pacific region, aiming for increased efficiency. This move coincides with ongoing talks about potentially selling parts of its 11-year-old business.

Published

on

Foodpanda, a subsidiary of Delivery Hero, is initiating undisclosed staff reductions in the Asia-Pacific region, as discussions continue regarding the potential sale of a portion of its 11-year-old food delivery business.

In a memorandum circulated to employees on 21 September, Foodpanda CEO Jakob Angele conveyed the company’s intent to become more streamlined, efficient, and agile.

Although the exact number of affected employees was not disclosed, the emphasis was on enhancing operational efficiency for the future.

No mention was made in the memo regarding the reports of Foodpanda’s potential sale in Singapore and six other Southeast Asian markets, possibly to Grab or other interested buyers.

Foodpanda had previously conducted staff layoffs in February and September 2022. These actions come as the company faces mounting pressure to achieve profitability, particularly in challenging economic conditions.

The regulatory filings of Foodpanda’s Singapore entity for the fiscal year 2022, ending on 31 Dec, indicated a loss of S$42.7 million despite generating revenue of S$256.7 million.

Angele further explained that Foodpanda intends to review its organizational structure, including both regional and country teams, with some reporting lines being reassigned to different leaders. Additionally, certain functions will be consolidated into regional teams.

Expressing regret over the challenging decisions, Angele assured affected employees of a severance package, paid gardening leave, and extended medical insurance coverage where feasible.

Foodpanda will also forego the usual waiting period for long-term incentive plan grants, and vesting will continue until the last employment date. Employees will retain all vested shares as of their last day of employment.

Foodpanda, established in 2012 and headquartered in Singapore, became a part of Delivery Hero in 2016. The company operates in 11 markets across the Asia-Pacific region, excluding its exit from the Japanese market last year.

Continue Reading

Trending