Sunday, March 29, 2020
Foreign firms are struggling to resume work in virus-hit China as they face disrupted supply chains, rising inventory and quarantine rules meant to contain the deadly epidemic, the EU chamber of commerce said today. With many pharmaceutical companies globally sourcing from China, pharmacies may also face a shortage of antibiotics...
Hong Kong police have arrested 420 people in connection with protests since June 9, amid escalating violence in demonstrations that have rocked the former British colony and plunged it into its worst political crisis in decades. Police have also fired 1,000 rounds of tear gas and about 160 rubber bullets...
Hong Kong economy shrinks for first time in a decade The Hong Kong economy's first recession in a decade deepened in the fourth quarter of 2019, weighed down by anti-government protests and the US-China trade war. Last year was the worst for Hong Kong's growth since 2009, when the financial...
Singapore and Chinese technology companies are strengthening business connections and exchanges of expertise at the Smart China Expo 2019 under the theme “Smart Technology: Empowering Economy, Enriching Life”. The Expo will run from 26 to 29 August in Chongqing to capitalise on the exciting opportunities in Asia’s digital economies. The...
MGM introduces financial assistance program for local SME vendors MGM China has announced the introduction of new relief measures for local SMEs, including a “Down Payment for Future Business” initiative and “14-day Fast-track Payment”, aimed at assisting those businesses facing financial difficulties due to the impact of coronavirus. The “Down Payment for...
China has pledged to increase its measures in an effort to strengthen its troubled banks and small enterprises; all the while continuing to crackdown on shadow banking and property speculation. This is a difficult balancing act for the nation as it risks an uncontrollable buildup in bad debt at...
Most small businesses in China have yet to reopen and are struggling with supply chain obstructions after the new coronavirus epidemic triggered a national shutdown, officials said today. Authorities extended January’s Lunar New Year holiday and ordered the closure of schools, factories and railways to try and halt the...
When the Wuhan coronavirus first emerged, most payed it no mind. It was brushed-off as a minor issue that would be easily resolved. Unfortunately, it has now become apparent that this new virus is a lot more serious than we first believed it to be. With more and more...
Singapore closes borders to all Chinese travellers to stem spread of coronavirus Singapore will close its borders to all new visitors from mainland China, including foreigners who have been there within the past 14 days. It will become the first Southeast Asian country to do so in a bid to stem...
Hundreds of people have joined a mass sit-in at Hong Kong International Airport Friday evening in a fresh round of anti-government protests designed to secure international backing for the movement. Organisers were expecting thousands to show up, and hoped police would respect what they said would be a peaceful...
Boris Johnson, Britain’s prime minister-designate, said his government would be very “pro-China”, in an interview with a Hong Kong-based Chinese-language broadcaster shortly before he was chosen to succeed Theresa May on Tuesday. Speaking to Phoenix TV, Johnson backed Chinese President Xi Jinping’s infrastructure-based Belt and Road Initiative and said...
China topped the list of economies looking to invest in Thailand for the first time last year, overtaking Japan as its main source of foreign direct investment thanks to belt and road-linked projects, overspill from the US-China trade war and Thai government incentives. Applications from China – valued at 262...

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