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Posted on June 18, 2020

Lockdown means business in socially distanced Pakistan: Google survey

Lockdown-driven social distancing has catalysed digital transition in Pakistan unfolding economic opportunities for people to make lemonade from lemons, according to a survey by Google. Google, the …

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Posted on June 18, 2020

China tables draft Hong Kong security law in sign it intends to rush legislation

State media organisation Xinhua reports draft clarifying four major offences put before top lawmaking body …

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Posted on June 18, 2020

JD.com shares rise 3.5% in the e-commerce giant’s $3.87 billion Hong Kong debut

The Hong Kong listing marks another major Chinese firm which is already listed in the U.S., carrying out fundraising in Hong Kong. JD.com went public on the Nasdaq in 2014.

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Posted on June 18, 2020

JD.com stock closes 3.5% higher in Hong Kong trading debut

HONG KONG (AP) – Chinese e-commerce firm JD.com’s shares gained 3.5% in its debut in Hong Kong on Thursday, after the firm raised $3.9 billion in a share sale. JD.com’s Hong Kong debut coincided with …

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Posted on June 18, 2020

China Moves Closer To Passing Hong Kong Security Law

China moved closer Thursday to passing a controversial national security law for Hong Kong that has raised international concerns it will end the financial hub’s limited freedoms. A draft was …

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Posted on June 18, 2020

Cyprus: Notional Interest Deduction (NID): Cyprus Income Tax Law Amendment Approved By Parliament

Amendments to the annual NID rate Under the current Cyprus NID provisions the annual NID rate is determined by reference to the yield rate of the 10-year government bonds of the country where the …

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Posted on June 18, 2020

Recovery to take a year; 59% see closure risk: Bahrain survey

Businesses in Bahrain have expressed wide concern over the economic implications of the ongoing Covid-19 pandemic with a majority of them foreseeing recovery in 12 months after the end of the Covid-19 …

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Posted on June 18, 2020

AWS launches Marketplace, Data Exchange in Bahrain

This will empower Bahrain based business to access and market to AWS’s millions of customers around the world. This expansion also means that AWS’s global customers can purchase directly from …

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Posted on June 18, 2020

This UAE firm offers a letter of guarantee with no fees in less than 24 hours

The cumulative balance of letters of guarantee and other credit facilities provided by banks and other business entities in the UAE reached Dhs4.533 trillion in February 2020, an increase of …

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Posted on June 18, 2020

Vietnam warned of troublemaking transshipment from China, S.Korea to US

Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs. Vietnam should be …

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