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Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

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 ...)

Posted on August 7, 2020

Coronavirus: Bahrain reports 375 new Covid-19 cases

The Bahrain health ministry has reported 375 new cases of the Covid-19 coronavirus, along with 369 recoveries.Of the new cases, 138 were among expatriate workers, 237 were contacts of active cases.Two ... ( read original story ...)

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