Aggreko plc , the Scottish-based supplier of temporary power generation equipment, has won a significant order in Iraq during the first half of this year. Order intake [in its Power Solutions ... ( read original story ...)
Myanmar economy to recover fast from pandemic, PMI rising: business reports
The Myanmar economy could recover at a faster pace than its neighbours as it has so far been able to curb the spread of COVID-19 in the country. Meanwhile, the nations’ Purchase Manager Index has also ... ( read original story ...)
US Presses for Extension of UN Arms Embargo on Iran
The United States is pressing ahead with plans to push for the extension of a U.N. arms embargo against Iran that is due to expire in two months under the 2015 nuclear deal, but it is likely to face ... ( read original story ...)
Vietnam c.bank cuts policy rates for third time this year
The State Bank of Vietnam (SBV), the country’s central bank, has decided to slash policy interest rates for the third time this year by 20–50 basis points amid sluggish credit growth, with immediate ... ( read original story ...)
Rising disposable incomes augment wine consumption in Vietnam
Vietnam’s rapid economic growth, the expansion of households’ disposable income levels, combined with a large youthful consumer base, are driving greater levels of spending on alcohol, which is ... ( read original story ...)
Indonesia imposes 10per cent VAT on Facebook, Disney, Tiktok – tax office
Indonesia has added more techology companies that will be obligated to apply 10per cent value-added tax on sales to Indonesian customers to ... ( read original story ...)
Hong Kong’s wealthy move gold out of city on security law fears
Hong Kong’s wealthy are moving increasing amounts of their gold out of the financial hub after Beijing imposed a new national security law on the city last month, dealers in the ... ( read original story ...)
Hong Kong activist Joshua Wong files court challenge to 2019 poll disqualification
Hong Kong pro-democracy activist Joshua Wong filed a court challenge on Friday against his disqualification from district polls, in a move which may have implications for this year's removals of ... ( read original story ...)
Hong Kong’s MTR to delay new mall opening amid new coronavirus wave, CEO says
Lohas Mall's phase one opening in Hong Kong will be postponed to a "better time" given current movement restrictions during the pandemic, says Mass Transit Railway Corporation CEO Jacob Kam. ( read original story ...)
Steep discounts for Hong Kong foreclosed homes may portend property price slump
Some Hong Kong foreclosed homes have been recently sold at steep discounts, adding to signs that the world's most expensive housing market could be heading for price declines both this year and next. ( read original story ...)