Vietnam 

Calls for insider traders to be dealt with criminally – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Screens showing stock prices. Recent insider stock trading violations show the need for market regulators to impose penal sanctions. – Photo tinnhanhchungkhoan.vn HÀ NỘI – Illegal insider stock trading requires a stronger deterrent from regulatory agencies to stabilise the market sentiment, according to tinnhanhchungkhoan.vn. Insider stock trading among business leaders has existed for years and been a thorn in the side of investors due to a lack of appropriate punishments. In the past six months, the State Securities Commission (SSC) has punished several company leaders for violating rules on the transparency of stock…

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Singapore 

Elections Department calls second tender in two months, Singapore News

SINGAPORE – Following a tender called last month for the provision of bus transportation services to support election operations, the Elections Department (ELD) put up another on Wednesday (July 10) for the printing, packing and delivery of documents. According to the tender documents on government procurement portal GeBiz, printing items include printed cards, forms, posters and signs, as well as paraphernalia such as ballot box funnels and plastic folders, among others. Delivery services will mean manpower and vehicles to deliver documents to election premises such as nomination centres, Group Assistant…

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Vietnam 

Rising FDI calls for better supporting industry: experts – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The amount of FDI pouring into Việt Nam is rising, but businesses in the supporting industry still cannot satisfy manufacturers’ demands, leading to a low localisation rate. — VNA/VNS Photo An Hiếu HCM CITY — The domestic supporting industry needs to improve to take advantage of foreign direct investment (FDI) pouring into Việt Nam, experts have urged. In the first six months of the year, Việt Nam attracted more than 1,720 new FDI projects with total registered capital of nearly US$7.5 billion, according to the General Department of Statistics. The period also saw $9.1 billion of FDI being disbursed, an 8.1 per cent increase from the…

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Home 

Gadfly lawyer calls for probe, class action into Seazen’s disclosure as Chinese companies’ tardiness come under spotlight

A Chinese gadfly lawyer has sounded the clarion call for regulators to look into the tardiness of public disclosures, as a handful of Shanghai-listed companies have found themselves rudderless in recent days amid the city’s crackdown on crime.Yan Yiming, who made his name in a 1999 suit against a Chinese listed company for false reporting, is urging the China Securities Regulatory Commission (CSRC) to investigate Seazen Holdings for the four days that it’s taken the developer to disclose the… Source link

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Property 

‘Unimpeachable’ study calls foreign ownership the primary culprit for housing unaffordability in Vancouver, a favourite destination for Chinese funds

A study has found long-sought evidence linking foreign ownership to extreme housing unaffordability in Vancouver, a Canadian city that has attracted waves of Chinese capital and millionaire migrants.The white paper by Josh Gordon, an assistant professor at Simon Fraser University’s school of public policy, found a near-perfect 96 per cent (or 0.96) correlation between various metro Vancouver municipalities’ price-to-income ratios (a common measure of unaffordability), and the proportion of… Source link

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China 

Chinese state media calls new tech export controls a shield ‘against certain countries’

Chinese state media on Sunday said Beijing’s new tech export controls were aimed at deterring “certain countries” from using the nation’s technologies to suppress its development.The new “national security technological security management list” was announced on Saturday, just over a week after Beijing said it would blacklist “unreliable” foreign entities deemed to have damaged the interests of Chinese firms.Analysts said the new measure was just the latest retaliation from China as it faced… Source link

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PM calls on Việt Nam, Norway to expand economic cooperation – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc (left) meets Vietnamese business delegates at the Việt Nam-Norway Business Forum on Friday. — VNA/VNS Photo Thống Nhất OSLO — Prime Minister Nguyễn Xuân Phúc highlighted potentials for Việt Nam and Norway to enhance economic cooperation, especially in renewable energy, industry and aquaculture, at the Việt Nam – Norway Business Forum in Oslo on Friday. Addressing at the event as part of the activities in his ongoing official visit to Norway, the Government leader said that the bilateral political relations in recent years have…

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China 

Xi Jinping calls for ‘new Long March’ in dramatic sign that China is preparing for protracted trade war

Chinese President Xi Jinping has called for the nation to embark on a new Long March and “start all over again”, in the most dramatic sign to date that Beijing has given up hope of reaching a trade deal with the United States in the near term.Xi is in Jiangxi province for his first domestic tour since the escalation of the trade war two weeks ago. Jiangxi is where China’s defeated Red Army started its famous Long March in 1934, and Xi’s choice of destination is being viewed as an…

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Brazil envoy calls for tapping bilateral trade potential – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Brazilian and Vietnamese delegates at the business seminar last Friday. — VNA/VNS Photo Văn Điệp HÀ NỘI — There is great potential to expand and diversify trade between Việt Nam and Brazil, and the two governments should enable that potential to be tapped into, the Brazilian ambassador to Việt Nam has said. At a Việt Nam-Brazil business seminar held in Hà Nội last Friday, Fernando Apparicio da Silva said the countries had made great strides in diplomatic relations in the last 30 years. Their leaders had held regular meetings and…

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Property 

Shui On chairman Vincent Lo’s daughter and designated successor calls the shots at the mainland-focused developer

Stephanie Lo Bo-yue, 36, has massive responsibilities. She is raising two young boys, aged two and four, and managing the day to day responsibilities of Shui On Land known for its famous Xintiandi Plaza in Shanghai.Both tasks are challenging, but as the likely successor to the HK$14.4 billion business empire founded by her illustrious father and chairman, Vincent Lo Hong-shui, she has massive shoes to fill.In less than a year after being named executive director, she is making her presence felt… Source link

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