Archive for March 17th, 2020
Business Briefs 17 March 2020
* Vinaconex Power Development & Construction Investment JSC (VCP) is seeking approval from its ‘shareholders to move nearly 57 million shares from the Unlisted [...]
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What are the prospects for rice exports in 2020?
Vietnamese rice exports in 2020 are expected to be more prosperous thanks to a series of free trade agreements (FTAs) coming into force, after plummeting in both export [...]
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Asian stock markets, US futures fall after Fed rate cut
Asian stock markets and US futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus [...]
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HK to relax deadline for companies’ annual reports due to virus
Hong Kong listed companies can delay the publication of their annual reports due to the impact of the coronavirus, the city’s stock exchange and markets regulators said [...]
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Coronavirus: HK jobless rate expected to hit nine-year high, finance chief Paul Chan warns
Hong Kong’s jobless rate is set to surge to a nine-year high because of the dim global economic outlook triggered by the coronavirus pandemic, with the catering, [...]
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Coronavirus: seven more confirmed cases in HK, including six patients who had recent travel history
Hong Kong reported seven more confirmed cases of Covid-19 on Monday, including six people with recent travel history, bringing the city’s total number of infections to [...]
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Coronavirus: more rescue flights planned for Hongkongers stranded in Hubei, epicentre of the Covid-19 outbreak
More chartered flights will be sent to pick up Hongkongers stranded in the mainland Chinese province at the centre of the Covid-19 pandemic later this month, officials have [...]
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New monthly low for HK’s battered tourism sector with arrivals plunging to 199,000 daily average for early 2019
Hong Kong’s battered tourism sector hit a new low amid the coronavirus epidemic in February when arrivals slumped to 199,000 the daily average in the first half of last [...]
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HK slashes interest rate after US Fed’s second emergency cut, as Covid-19 pandemic gathers pace and roils global economies
Hong Kong lowered its base interest rate to near record-low, following the second emergency cut in as many weeks by the US Federal Reserve to bolster the American economy [...]
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Coronavirus: HK issues ‘red’ travel alert on the United States, Britain and Ireland and imposes quarantine measures on arrivals from the three countries and Egypt
Hong Kong has issued a red travel alert on the United States, Britain and Ireland and will impose a 14-day quarantine period on all arrivals from the three countries and [...]
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HK’s most lucrative jobs lose their allure as property agents quit in droves on 70 per cent plunge in sales commissions
Hong Kong’s property agents are bracing for the long haul as a shrinking market dents their take-home pay and forces some to quit the industry. Salaries, which are [...]
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HK: with coronavirus curbed, protests may return
Amid a global pandemic, Hong Kong’s famously crowded streets are eerily quiet. Most of the city’s 7.5m people have been practising various forms of social [...]
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HK political rivals woo voters with free face masks
Hong Kong’s rival political camps have embraced a new tactic to woo potential voters as the city hunkers down during the coronavirus pandemic: free face masks. Masks [...]
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Anti-epidemic action launched in HK amid Covid-19 outbreak
Amid the Covid-19 (coronavirus) outbreak, Hong Kong Committee for United Nations Children’s Fund (Unicef HK) has launched an anti-epidemic action to help 10,000 [...]
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HK central bank cuts rates, bank capital buffer requirements
Hong Kong’s central bank cut rates and the level of capital buffers it requires financial institutions to hold to 1 percent from 2 percent of their risk-weighted assets [...]
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