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Hong Kong investors snap up affordable property in Malaysia with an eye on retirement

Homebuyers in Hong Kong are looking at Malaysian property as second homes and for retirement, with Kuala Lumpur, Penang and Johor Bahru garnering a lot of interest because of affordable prices amid a supply glut.Terence Law, senior principle project director at Centaline Property Agency, said that more than half of the 21 units released on June 7at a condominium project in Johor Bahru were snapped up within the weekend by buyers from Hong Kong. The units were priced from HK$787,331 (US$100,000… Source link

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Vietnam 

Vietnamese securities catch the eye of South Korean investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

In March Korean Investment Management bought a 5.08 per cent stake in Việt Capital Securities Joint Stock Company.  — Photo tinnhanhchungkhoan       Compiled by Thiên Lý                                                          The Vietnamese stock market now has many South Korean-owned securities companies following a series of acquisitions in recent years. In March Korean Investment Management bought a 5.08 per cent stake in Việt Capital Securities Joint Stock…

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Vietnam 

Korean investors eye investment in renewable energy – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Workers install solar panels in the central province of Quảng Ngãi. Korean investors are keen to invest in renewable energy in Việt Nam due to its potential and government incentives. — VNA/VNS Photo Sỹ Thắng HCM CITY — Korean investors are keen to invest in renewable energy due to its potential and the incentives that Việt Nam has offered to foreign investors, an HSBC official has said. Speaking recently with Việt Nam News, Phạm Hồng Hải, CEO of HSBC Việt Nam, said that electricity was one of the most important investments of Korean businesses into…

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Foreign start-ups eye China’s vast digital health care market, but finding the right revenue model holds the key to success

Digital therapeutics and smart medical management, an emerging field in the health care industry, is attracting some foreign companies to China, which has the potential to improve the lives of people living with chronic conditions and reduce their medical bills.“In China, digital technology will play a massive role in patient outcomes and health care costs,” said Celina Chew, German life science company Bayer’s president for Greater China.While China’s market potential is huge in chronic… Source link

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Vietnam 

Việt Nam, Ivory Coast eye co-operation in agriculture – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A cashew processing line at P/A Company in southern province of Bình Phước. — Photo vinacas.vn HCM CITY — Standing Vice Chairman of the HCM City’s People Committee Lê Thanh Liêm on Monday discussed measures to promote bilateral co-operation, particularly economic, with minister and secretary general of the presidency of the Ivory Coast, Achi Patrick. He believed that the visit by the West African guest would help boost economic ties and friendship between Việt Nam and the Ivory Coast. Highlighting the thriving bilateral trade, which recently exceeded US$1 billion and made…

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Vietnam 

Vietnamese businesses eye trade promotion in RCEP region – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Regional Comprehensive Economic Partnership is expected to help Vietnamese enterprises boost exports. — VNA/VNS Photo HÀ NỘI —  Vietnamese enterprises were looking forward to promoting their businesses under the Regional Comprehensive Economic Partnership (RCEP) to take advantage of a market that is home to 50 per cent of the global population. However, they were faced with fierce competition from other member countries. The statement was made by Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s WTO Integration Centre Nguyễn Thị Thu Trang at a conference in Hà Nội on Thursday. The RCEP is a…

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US widens its campaign against Chinese tech companies with eye on surveillance firms

Hikvision’s presence loomed large at a security exposition last month in Hangzhou, taking up the entire upper floor of the convention centre. On the ground floor, Dahua Technology, its smaller rival, shared space with other security technology companies. Luminescent displays of road traffic flows, emergency response statistics and crime reports greeted the hundreds of trade visitors.Hikvision and Dahua now find themselves in the crosshairs of the US government, which is said to be considering… Source link

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Bitcoin forecast to rise 22pc to US$9,659 by year-end as investors eye cryptocurrencies amid trade war fuelled equities slump

Bitcoin is expected to rise by 22 per cent from current levels by the end of the year as the launch of new services widen the appeal of the cryptocurrency and investors divert capital amid a slump in stock markets worldwide, a survey of fintech specialists has found.Prices of bitcoin have doubled this year, having risen some 50 per cent this month alone. The cryptocurrency was trading at US$7,972.99 on Tuesday. The Hang Seng Index and the Shanghai Composite Index meanwhile have slumped from… Source link

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Belt and road bonds are poised to make a splash as investors eye infrastructure gains

Consider this: the next big thing in global capital markets may well be a surge in belt-and-road bond issuance. Infrastructure in general, and the “Belt and Road Initiative” in particular, may be poised for a great leap forward in popularity as an asset class. If this sounds a little improbable, look at what is going on in the wider world economy. United States President Donald Trump’s zero-sum game of waging a trade war with China, and potentially Japan and Europe, along with the Brexit idiocy… Source link

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Singapore 

Eye candy: We talk hip hop with Felix Huang, founder of Asia pacific’s biggest street dance festival, Singapore News

Felix Huang isn’t just a looker. At the humble age of 38, the slender hip-hop educator has already made his mark as one of the forefathers of breakdancing in Singapore. He launched Recognize Studio in 2010 to provide street dance classes for thousands of youths in Singapore, and as a core member of Radikal Forze Crew, helped found Radikal Forze Jam – the biggest street dance festival in the Asia Pacific that saw its latest edition earlier this month. Suffice to say, his passion for dance hasn’t wavered one bit.…

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