Vietnam 

Central bank issues treasury bills for the first time in five months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Liquidity in the interbank market has been abundant, helping the State Bank of Việt Nam (SBV) resume the issuance of treasury bills after five months to withdraw Vietnamese đồng from the banking system. Reports from Saigon Securities Incorporation (SSI) showed the SBV withdrew VNĐ17 trillion (US$729.6 million) via the issuance of seven-day bills at interest rate of 3 per cent per year. In addition, the central bank also net withdrew another VNĐ6.4 trillion via open market operation (OMO). According to…

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Vietnam 

Agricultural sector posts trade surplus of $1b in two months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The agricultural sector gained a trade surplus of US$1 billion in the first two months of this year despite a year-on-year decrease of 1.6 per cent in export value. According to the Ministry of Agriculture and Rural Development (MARD), the sector earned $5.5 billion from the export of farm produce and forestry and aquatic products. Meanwhile, $4.5 billion worth of agro-forestry-fishery products were imported in the reviewed period, up 3 per cent from the same period last year. In the…

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Singapore 

Personal information of over 800,000 blood donors was accessible online for 2 months: HSA, Singapore News

SINGAPORE – The personal information of more than 800,000 people who have donated or registered to donate blood in Singapore since 1986 was improperly put online by a Health Sciences Authority (HSA) vendor for more than two months, but access to the database was cut off soon after the discovery. Disclosing this in a statement on Friday (March 15), the HSA said its preliminary findings indicate that there was only one instance of external access – by a cybersecurity expert who discovered the vulnerability on Tuesday (March 12) and alerted…

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Property 

China new home prices grew at their slowest pace in 10 months in February, but property market expected to bottom out

Prices of new homes in mainland China grew at their slowest pace in 10 months in February, especially in smaller cities, according to the country’s National Bureau of Statistics.Across 70 cities monitored by the government, prices edged up by 0.53 per cent last month, their slowest pace since April 2018 and down from 0.61 per cent in January, according to a Bloomberg calculation using National Bureau of Statistics data.“Since property market sentiment cooled last August, it will take a while… Source link

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Singapore 

HIV data leak: Ler Teck Siang’s medical registration suspended for nine months, Singapore News

SINGAPORE – Ler Teck Siang, the doctor at the centre of the HIV Registry data leak, has had his medical registration suspended for nine months and could face further disciplinary action, the Singapore Medical Council (SMC) said in a statement on Tuesday (March 12). The suspension, which came into effect last Thursday (March 7), was ordered by an Interim Orders Committee (IOC) which will issue the grounds of its decision “in due course”, SMC said in a statement. The announcement comes after Ler’s appeal against his conviction and 24-month sentence…

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Home 

An amazing turnaround in fortunes as China’s stock market goes from the world’s worst to best in a matter of months

Hong Kong equity investors must be looking enviously across the border this year.The city’s two main benchmarks are hardly doing badly, but gauges on the mainland – after a grim 2018 – are eclipsing them and just about every other worldwide. The ChiNext in Shenzhen has led the charge with a 42 per cent rally. This renewed enthusiasm for yuan-denominated stocks means the Hang Seng Index is underperforming the Shanghai Composite Index by the most in a year.The gap in performance has widened… Source link

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Vietnam 

Textile and garment exports fetch $4.89b in two months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Clothing made by workers of Bình Minh Garment JSC in HCM City. — VNA/VNS Photo Hữu Khoa Viet Nam News Sharing the MoIT’s assessment, chairman of the HCM City Textile and Garment – Embroidery Association Phạm Xuân Hồng said he believed that the prospects of domestic textile and garment industry were quite positive this year thanks to adequate orders from foreign partners.  Nguyễn Văn Cần from the HCM City-located 28 Corporation told the online newspaper congthuong.vn that thanks to positive market demand, its member companies and subsidiaries had won contracts for…

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Vietnam 

HCM City attracts over US$1 billion FDI investments in first two months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Tân Bình Industrial Park in HCM City’s Tân Bình District. — VNS File Photo Viet Nam News HCM CITY — More than US$1.02 billion of foreign direct investment (FDI) was registered for projects in HCM City in the first two months of the year, according to the Ministry of Planning and Investment. In January, HCM City received registration for FDI of more than US$745 million, the largest amount of FDI for any locality in the country. It included $32.72 million investment in 68 new FDI projects, and…

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Vietnam 

Việt Nam’s credit growth expands 0.77% in two months of 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Việt Nam’s credit growth in the first two months of this year expanded by just 0.77 per cent against the end of 2018, the lowest level in the past few years, reports from the Ministry of Planning and Investment (MPI) showed. The rise in the same period in 2018 and 2017 was nearly 2 per cent.    During the two-month period, mobilised capital rose by 1 per cent, with interest rates tending to rise in the few weeks before the Lunar…

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Home 

Chinese civil aviation regulator grounds nation’s 737 Max 8 fleet after Boeing’s newest jet suffers second crash in five months

China’s civil aviation regulator has ordered domestic carriers to temporarily stop flying their 737-8 aircraft, after a plane of the same model operated by Ethiopian Airlines crashed yesterday on its way to Nairobi, the second tragedy in five months involving the Boeing jet.On Sunday, a 737 Max 8 operated by Ethiopian Airlines plunged to the ground on its way to Kenya, killing all 157 people on board. That came five months after another 737 Max 8 crash in Indonesia that killed 189 passengers… Source link

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