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Posted on June 2, 2020

‘It doesn’t seem logical,’ says Hong Kong official on U.S. threat to remove city’s trade status

"It doesn't seem logical" for the U.S. to hurt its own business interests while trying to "harm" Hong Kong, says Edward Yau, Hong Kong's secretary for commerce and economic development, in response to ... ( read original story ...)

Posted on June 2, 2020

Taiwan Billionaire K.C. Liu’s Son Joins Advantech Board

The son of one of Taiwan’s wealthiest tech entrepreneurs has joined the board of his father’s flagship business. Lesley Liu, 37, joined the board of Advantech on May 28, according to a company ... ( read original story ...)

Posted on June 2, 2020

Temporary law permitting ‘salary cuts’ in private sector in Kuwait

KUWAIT CITY: The government has revised its plan to amend the Labor Law in the Private Sector No. 6/2010 to allow companies whose business activities have been affected by Corona virus crisis to agree ... ( read original story ...)

Posted on June 2, 2020

Coronavirus deals heavy blow to Cambodia’s shaky tourism industry

Cambodia is not alone in its tourism troubles ... Indirectly, it supports the livelihoods of millions. In Siem Reap, business owners say they are not sure how long they can hang on. "It's been two ... ( read original story ...)

Posted on June 2, 2020

Yemen pledging drive hopes to raise $2.4 bln to save aid ops as virus spreads

The United Nations and Saudi Arabia host a pledging conference for war-ravaged Yemen on Tuesday to help raise some $2.4 billion as funding shortages imperil the world's biggest aid operation. DUBAI, ... ( read original story ...)

Posted on June 2, 2020

High mobility and recovery a boost for Vietnam’s economy

Vietnam's economy is bouncing back fast after Covid-19 thanks to its high rate of mobility, according to Canada-based data visualisation agency Visual Capitalist. ( read original story ...)

Posted on June 2, 2020

Coronavirus-linked business failures top 200 in Japan

It is believed that many of the failed firms' struggles predate the outbreak, and drops in demand caused by the epidemic pushed them beyond breaking point. ( read original story ...)

Posted on June 2, 2020

The New Cold War, Japan and Its Chinese Supply Chains

There is a new Cold War game underfoot that has long-term implications for the shape of global trade and the structure of international relations in Asia—Japan is taking steps to pull some of its ... ( read original story ...)

Posted on June 2, 2020

Panasonic announces new partnership in Pakistan with PEL

Panasonic Marketing Middle East & Africa (PMMAF) has announced its new partnership in Pakistan with Pak Elektron ... on its 60-years of expertise in AC business backed by PEL’s in-depth ... ( read original story ...)

Posted on June 2, 2020

Coronavirus updates, June 2: Latest news on the COVID-19 pandemic from Pakistan and around the world

The number of confirmed COVID-19 cases in Pakistan rose to 76,398 on Tuesday after new infections were confirmed in the country. The province-wise break up of the total number of cases as of 9:45am, ... ( read original story ...)

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