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Top related persons:
Anwar - 3 Swatch's - 3 Anwar Ibrahim - 2 Li Qiang - 2 Li - 2 Christiane Amanpour - 2 Malaysia's - 2 Rozanna Latiff - 2
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Malaysia KUALA LUMPUR Jakarta China South China Beijing Taiwan Malaysian
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Swatch - 5 Malaysia - 3 CNN - 3 Thomson - 2 Malaysian - 2 Malaysia's - 1 China - 1 ASEAN Summit - 1

Search resuls for: "Swatch's"


7 mentions found


☆ Malaysia PM says China gave reassurance after map stirred South China Sea dispute
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
Malaysia's Prime Minister Anwar Ibrahim attends the 26th ASEAN-China Summit at the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. Malaysia and several other Southeast Asian countries have rejected the map. Anwar said Malaysia remained concerned over escalating tensions as China sought to assert its sovereignty claims over Taiwan, adding that both parties needed to avoid "unnecessary provocations" that can affect the region. Anwar also addressed doubts raised over his commitment to democratic reforms, after his government dropped corruption cases against key allies, filed sedition charges against opposition leaders, and increased scrutiny of Malaysia's LGBTQ community. "I wouldn't defend that actually, they were as you say, excesses, but... there is a consensus in the country, they do not accept (LGBTQ rights)," Anwar said.
Persons: Anwar Ibrahim, Yasuyoshi, Anwar, Li Qiang, Li, Christiane Amanpour, Malaysia's, Swatch's, Rozanna Latiff, Simon Cameron, Moore Organizations: Malaysia's, China, ASEAN Summit, Malaysia, CNN, Swatch, Thomson Locations: ASEAN, Jakarta, Indonesia, KUALA LUMPUR, China, South China, Beijing, Malaysia, Taiwan
☆ Malaysia PM Says China Gave Reassurance After Map Stirred South China Sea Dispute
  + stars: | 2023-09-23 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
KUALA LUMPUR (Reuters) - Malaysia Prime Minister Anwar Ibrahim said China had given an assurance that it would continue to negotiate with Southeast Asian countries over disputed territorial claims in the South China Sea, and avoid actions that risked escalation. Malaysia and several other Southeast Asian countries have rejected the map. Anwar said Malaysia remained concerned over escalating tensions as China sought to assert its sovereignty claims over Taiwan, adding that both parties needed to avoid "unnecessary provocations" that can affect the region. He reiterated that Malaysia would not accept LGBTQ rights but said that the community should not be harassed, and he spoke out against his government's move to ban Swatch watches celebrating the Pride movement. "I wouldn't defend that actually, they were as you say, excesses, but... there is a consensus in the country, they do not accept (LGBTQ rights)," Anwar said.
Persons: Anwar Ibrahim, Anwar, Li Qiang, Li, Christiane Amanpour, Malaysia's, Swatch's, Rozanna Latiff, Simon Cameron, Moore Organizations: Reuters, Malaysia, CNN, Swatch Locations: KUALA LUMPUR, China, South China, Beijing, Malaysia, Taiwan
☆ Wear Swatch's 'LGBTQ-related' products in Malaysia and you could face 3 years in jail
  + stars: | 2023-08-11 | by ( Heather Chen | ) edition.cnn.com   time to read: +5 min
The ban comes under the Printing Presses and Publications Act, the ministry added. ‘Political punching bag’Rights groups say the LGBTQ community faces growing intolerance in Malaysia and accuse the government of being at least partly to blame. “It showcases an alarming trend where symbols of pride and acts of solidarity with the LGBTQ community are met with harsh and disproportionate government responses,” Dhia said. As more individuals and groups come forward in support of the LGBTQ community, the state’s pushback grows increasingly aggressive,” Dhia added. By creating an environment of fear and hostility, the Malaysian government does a disservice not only to the LGBTQ community but to every Malaysian citizen.”
Persons: CNN —, ”, Nick Hayek Jr, “, ” Hayek, Phil Robertson, ” Robertson, Dhia Rezki Rohaizad, ” Dhia, Matty Healy, Dhia Organizations: CNN, Swatch, Ministry of Home Affairs, Printing, Malaysian, ” Swatch Malaysia, Asia, Human Rights, “, “ Gay, British Locations: Malaysia, Malaysian
☆ Malaysia bans Swatch's pride watches as the nation cracks down on LGBTQ+ community.
  + stars: | 2023-08-10 | by ( Associated Press | ) www.businessinsider.com   time to read: +2 min
Malaysia has banned pride-themed Swatch watches. Malaysian officials seized over 160 pride-themed watches from Swatch stores. In May, authorities raided Swatch stores and confiscated more than 160 watches from its Pride Collection. Swatch contested allegations that the watches were harmful, saying they carried a message of peace and love. Anyone found in possession of such Swatch products faces up to three years in jail or a fine of up to 20,000 ringgit ($4,375), it warned.
Organizations: Swatch, Service, Federal Gazette, Ministry Locations: Malaysia, Wall, Silicon, Swiss, Kuala Lumpur, Jakarta, Taipei
☆ Swiss watchmaker Swatch sues Malaysia for seizure of Pride watches
  + stars: | 2023-07-17 | by ( ) www.reuters.com   time to read: +3 min
In May, Malaysian authorities confiscated watches from Swatch's 'Pride collection' because of the presence of the letters 'LGBTQ' on the watches, the home minister said. Home ministry officials "illegally" seized 172 watches from 16 outlets, Swatch said in court documents seen by Reuters. The seizure notices served to Swatch described the watches as having elements of or promoting LGBTQ rights and potentially breaching Malaysian law, the company said. Most of the seized watches, which have a combined retail value of 64,795 ringgit ($14,250.05), did not contain the 'LGBTQ' lettering, Swatch said. He has also said LGBT rights will not be recognised by his administration.
Persons: Swatch's, Anwar Ibrahim's, Anwar, Rozanna, John Revill, Kanupriya Kapoor, Bernadette Baum Organizations: Swatch, Malaysian, Reuters, Malay Mail, Swatch Group, Malaysia, Thomson Locations: KUALA LUMPUR, Swiss, Malaysia, Kuala Lumpur, Malaysian, Zurich
☆ Swatch positive on recovery in luxury demand from China
  + stars: | 2023-01-24 | by ( John Revill | ) www.reuters.com   time to read: +3 min
SummarySummary Companies Says January sales have exceeded January 2022Company now expects record sales for 2023Stock hits highest level since July 2021ZURICH, Jan 24 (Reuters) - Swatch Group (UHR.S) shares hit their highest level in nearly two-and-a-half years on Tuesday after the world's biggest watchmaker said it expected a recovery in luxury demand from China. The sales growth in January in China reinforces the Group's expectation to aim for a record year in 2023." The outlook sent Swatch's shares to their highest level since July 2021, and was the latest positive signal for the luxury sector at the start of the Chinese Year of the Rabbit. "To reach the record sales number of 2014 Swatch Group would need to have growth of 16% in 2023," said Patrik Schwendimann of Zuercher Kantonalbank. Europe's luxury sector($1 = 0.9192 Swiss francs)Reporting by John Revill; editing by Kirsten Donovan and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
☆ Swatch Group positive about Chinese market recovery in 2023
  + stars: | 2023-01-24 | by ( John Revill | ) www.reuters.com   time to read: +2 min
The sales growth in January in China reinforces the Group's expectation to aim for a record year in 2023." Rival Swiss luxury group Richemont last week said it was seeing a "strong retail rebound" in China in the run-up to the Chinese New Year. Swatch, which in July said targeted a double digit sales increase for 2022, said its sales in China fell by 700 million Swiss francs ($761 million) during the year. Overall sales increased by 2.5% to 7.499 billion Swiss francs or by 4.6% in constant currency terms, while net profit rose to 823 million francs from 774 million francs a year earlier. Aiming for a record year implies over 23% sales growth, which is a pretty big call by [CEO Nick]Hayek."
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