Archive for February 28th, 2020

World prepares for coronavirus pandemic; global recession forecast

World prepares for coronavirus pandemic; global recession forecast

28-Feb-2020 Intellasia | Reuters | 9:52 AM

Hopes the coronavirus would be contained to China vanished on Friday as infections spread rapidly around the world, countries started stockpiling medical equipment and [...] » More

UN prepared to make humanitarian exemptions for N. Korea on coronavirus

UN prepared to make humanitarian exemptions for N. Korea on coronavirus

28-Feb-2020 Intellasia | AFP | 9:39 AM

The UN Security Council on Thursday declared that it would adopt humanitarian exemptions to the heavy economic sanctions imposed on North Korea to help the impoverished [...] » More

IMF, World Bank funds ready to fight virus outbreak: spokesman

28-Feb-2020 Intellasia | AFP | 9:37 AM

The International Monetary Fund and World Bank are ready to provide countries in need with immediate emergency funding to fight the coronavirus outbreak, a spokesman said on [...] » More

Business Briefs 28 February 2020

28-Feb-2020 Intellasia | | 9:30 AM

* Tran Uyen Phuong, vice general director of Tan Hiep Phat Group and a shareholder of Yeahl Group Corporation (YEG), has become a major shareholder in YEG after her recent [...] » More

COVID-19: Singapore confirms 3 new cases including Raffles Institution student; total at 96

COVID-19: Singapore confirms 3 new cases including Raffles Institution student; total at 96

28-Feb-2020 Intellasia | Yahoo News Singapore | 9:12 AM

The Ministry of Health (MOH) on Thursday (27 February) confirmed three new cases of the COVID-19 coronavirus in Singapore, bringing the total to 96. Of these, two new cases, [...] » More

Asia markets extend losses as virus takes hold around world

28-Feb-2020 Intellasia | AFP | 6:02 AM

Asian markets fell again on Thursday as coronavirus infections surged outside China with more new countries reporting cases and analysts warning of more pain ahead for [...] » More

Oil falls for fifth day as coronavirus spreads outside of China

28-Feb-2020 Intellasia | Reuters | 6:02 AM

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global [...] » More

Burma’s last generation of tattooed headhunters

28-Feb-2020 Intellasia | AFP | 6:02 AM

Ngon Pok remembers his father and grandfather returning triumphantly to his tribal village in Myanmar’s far north with a human headand the agony of the tattoo he was [...] » More

HK plans $15 billion spending to support its economy amid coronavirus outbreak

28-Feb-2020 Intellasia | CNBC | 6:02 AM

The Hong Kong government has announced 120 billion Hong Kong dollars ($15.4 billion) worth of measures to support its economy, which has been dragged down by pro-democracy [...] » More

Lung transplant gives HK woman chance at life after rare disease left her on verge of death

28-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

A 24-year-old Hong Kong woman suffering from a rare medical condition underwent a successful lung transplant on Wednesday, but remains in critical condition. Queen Mary [...] » More

What about us? Needy in HK who fall short of mark for HK$10,000 government handout cry foul

28-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

For more than half a year, Miao Guiying, 39, who has a 10-year-old daughter, has struggled to make ends meet. But she will be four months short of qualifying for the [...] » More

UPDATE 2-HK bourse operator 2019 profit up, coronavirus renews uncertainty

28-Feb-2020 Intellasia | Reuters | 6:02 AM

Hong Kong Exchanges and Clearing Ltd (HKEX) warned the coronavirus outbreak had brought renewed uncertainty to its business, as it shrugged off political turmoil at home and [...] » More

HK shifts aim from the virus to property: Andy Mukherjee

28-Feb-2020 Intellasia | Bloomberg | 6:02 AM

If the quantum of public spending alone decided the seriousness with which small, open Asian economies are fighting the coronavirus, then Hong Kong’s HK$120 billion [...] » More

HK airlines, hotels devastated by coronavirus

28-Feb-2020 Intellasia | FoxBusiness | 6:02 AM

Hong Kong-based airlines and hotels are being hurt by the deadly coronavirus outbreak, which has taken over 2,700 lives at the time of publication, according to the Johns [...] » More

HK court remands man in sex assault case involving five women, after prosecutors reveal there could be 13 other victims

28-Feb-2020 Intellasia | South China Morning Post | 6:02 AM

A Hong Kong construction worker charged with the indecent assault of five women has been remanded by a court after prosecutors revealed that there could be 13 other victims. [...] » More