Archive for March 1st, 2019
Business Briefs 01 March 2019
* Sacombank has hired PwC Vietnam to help upgrade its as-set-liability management system. This is expected to help the bank manage liquidity and interest rate risks and build [...] » More
Shares decline after Trump-Kim summit halts without a deal
Shares fell Thursday in Europe and Asia, with South Korea’s benchmark sinking 1.8 percent, after talks between President Donald Trump and North Korean leader Kim Jong [...] » More
Killer falling window at The Mira HK was no freak accident, government reveals
A falling hotel window that killed a young woman in Hong Kong last month was not a freak occurrence, it transpired on Wednesday, when a government minister revealed a pane [...] » More
HK finance minister Paul Chan defends budget amid criticism that it does too little to address health care and housing issues
Hong Kong’s finance chief defended his latest budget on Thursday against criticism from residents who said he had not done enough to help tackle the city’s [...] » More
Customs arrangement with HK to benefit New Zealand trade: official
The implementation of a Mutual Recognition Arrangement (MRA) between New Zealand and China’s Hong Kong Special Administrative Region (SAR) will bring significant [...] » More
HK economy expected to grow 2pct3pct in 2019
Hong Kong’s export-oriented economy is projected to expand 2 percent to 3 percent this year after the city’s fourth quarter economic growth eased to over a [...] » More
HK economy is predicted to grow 3pct from 2020 to 2023
Hong Kong’s economy is expected to average growth of 3 percent from 2020-2023, Financial Secretary Paul Chan said on Wednesday, as he announced his budget for [...] » More
HK hands out reliefs as trade war hits growth
Hong Kong unveiled a less expansionary budget for fiscal year 2019/20 on Wednesday, though with relief measures for individuals and businesses at a time of economic [...] » More
HK home prices rise for first time in 6 months
Hong Kong private home prices posted their first monthly on month rise in six months in January, as sales rebounded in one of the world’s least affordable property [...] » More
HK leader asked to hand in report to China on banned party, stresses no Beijing interference
Hong Kong leader Carrie Lam has been tasked to hand in a report to Beijing on the outlawing of the pro-independence Hong Kong National Party, a decision she stressed had [...] » More
‘Farewell, so long’: Video of Taiwanese TV host’s assisted suicide fires up euthanasia debate
A video of Taiwanese TV host Fu Da-ren’s death by assisted suicide at a clinic in Switzerland has gone viral, raising the profile of the debate on euthanasia in China [...] » More
Former AIT head cautions against partisan divide in Taiwan
China is the biggest beneficiary of a divided Taiwan and the major political parties in Taiwan should seek consensus in addressing the challenges the country faces, according [...] » More
Chinese bombers fly training missions near Taiwan: MND
The Ministry of National Defense (MND) said Wednesday that it closely monitored the movements of a number of Chinese military aircraft operating near Taiwan earlier in the [...] » More
China reacts with FURY after US sails warships through strategic Taiwan Strait
US NAVY chiefs sailed two warships through the Taiwan Strait as the Pentagon stepped up the frequency of movement through the strategic waterway despite opposition from [...] » More
The Latest: NK media: Kim shared sincere opinions with Trump
The Latest on the summit between President Donald Trump and North Korean leader Kim Jong Un (all times local): 7:45 a.m. Thursday North Korean state media says leader Kim [...] » More
