Weekly Industry News - China & Singapore: Legal, Regulatory & Compliance

The latest on China’s airline expand, Singapore denies Marzuki’s claim about corruption and more.

China says it will take measures to uphold its information security in wake of NSA allegations by Associated Press on WashingtonPost

China said Wednesday that it would take steps to protect its data better in the wake of allegations that the U.S. National Security Agency collected millions of phone records of European citizens and spied on its allies. Foreign Ministry spokeswoman Hua Chunying told a daily news briefing that China was concerned by the recently exposed surveillance activities and was closely monitoring the situation… [ Read More ]

China’s Big Airlines Expand Presence Internationally by Joanne Chiu on WSJ.com

China’s big airlines are racing to boost their international reach as an increasingly congested market at home weighs further on their earnings performance despite stronger traffic. The nation’s three state-owned carriers, which together account for nearly 80% of China’s commercial airline traffic, have in the last few years expanded their presence internationally at a time when more of its citizens travel abroad… [ Read More ]

Singapore Denies Marzuki’s Claim It’s Not Serious About Corruption by Markus Junianto Sihaloho, Anselmus Bata & Jeanny Alpassa on thejakartaglobe.com

The Singapore Embassy in Indonesia has played down statements by Indonesian House Speaker Marzuki Alie who questioned Singapore’s seriousness in fighting corruption in the Southeast Asian region, because it has no policy to extradite Indonesian corruptors. Terrence Teo, First Secretary for Politics at the embassy, emphasized that the city-state and Indonesia signed an extradition treaty and a defense cooperation agreement as a package in 2007… [ Read More ]