Vietnam 

Real estate market set for recovery as HCM City streamlines housing regulations – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  HCM City seen from the Thủ Thiêm Urban Area in District 2. — VNS File Photo HCM CITY — The HCM City housing market is expected to recover again after being flat for over one year with support from the local government. Developers said authorities remove hindrances that had been faced by 124 real estate projects, and this would help significantly increase the supply of apartments. In the first five months of the year, the market did not see the same feverishness that was evident in the last three years. According…

Read More
Vietnam 

Việt Nam Pepper Association not hopeful of global price recovery – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Nguyễn Nam Hải, chairman of the Việt Nam Pepper Association, speaks at the Việt Nam Pepper Crop 2018 –Orientation and Action Plan in 2019 seminar in HCM City on Friday (May 10). — VNS Photo HCM CITY — With supply remaining higher than demand in the global market, pepper prices are unlikely to recover this year, according to the Việt Nam Pepper Association. Speaking at a seminar on Việt Nam Pepper Crop 2018 – Orientation and Action Plan in 2019 held in HCM City on…

Read More
China 

US-China trade deal may be close, but global trade recovery likely to lag behind, TS Lombard says

Global trade could remain subdued even if the US and China reach a deal to end their trade war later this month, according to the research firm TS Lombard.In its latest report on emerging markets, the firm said it expects a decline in emerging markets export growth to get even steeper in April despite a strong recovery in Chinese exports in March.“The model suggests that there will be a sharp downturn in China’s export growth in April followed by a smaller decline in May, while exports may… Source link

Read More
China 

China’s white-collar workers earned less in first quarter of 2019 despite signs of economic recovery, survey finds

The average salary for white-collar workers in China fell in the first quarter of 2019 despite an economic recovery, according to a report by a major Chinese job website on Tuesday.In the first three months of 2019 the average monthly salary dropped to 8,050 yuan (US$1,195) from 8,096 yuan in the fourth quarter of 2018 due to increased competition for vacancies, according to Zhaopin.com after a survey of job data on its platform covering 37 cities.The results of the survey offer far less… Source link

Read More
Singapore 

Debt recovery firm director admits to offences including harassment and fighting in public, Singapore News

SINGAPORE – Vantage Debt Recovery is a legitimate business but some of the methods used by the company’s director Jasmine Tan Su Ling were definitely unlawful. In 2016, Tan and a group of men went to the workplace of a purported debtor. There, she hurled vulgarities at the man and threatened to report him to the police for “molesting” her. On two occasions in 2017, she sent two men to the flat of another man where they harassed members of the household including his wife and maid. The court heard…

Read More
Home 

Green shoots of recovery in China’s property market but don’t pop the champagne yet, caution market observers

Signs of a recovery emerged in China’s property market in March as first-tier cities saw a strong uptick in sales on the back of pent-up demand and lower prices. But market observers say it is too early to tell if the rally can be sustained after a similar rebound unravelled last year after a strong start.According to Centaline Property Agency’s March data, 16,051 pre-owned homes in Beijing changed hands, up 43.9 per cent from a year ago; Shanghai registered 50 per cent year on year growth to… Source link

Read More
Vietnam 

Unprofitable State projects show signs of recovery – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Ministry of Industry and Trade (MoIT) has reported some positive signs in the handling of 12 major State-owned projects that have long reported losses, as some have managed to resume operations after suspensions or even record profits. The information was released at a working session chaired by Deputy Prime Minister Vương Đình Huệ with representatives of the ministry and the projects’ investors in Hà Nội on Wednesday. A report from the ministry showed that two of the projects managed to recover…

Read More
Singapore 

Khaw Boon Wan ‘fully prepared’ for surgery on fractured arm, says recovery can take several weeks, Singapore News

SINGAPORE – Transport Minister Khaw Boon Wan will be undergoing surgery on his fractured left arm on Friday (March 1). Mr Khaw, 66, thanked well-wishers in a Facebook post on Wednesday, adding that he was “fully prepared for the upcoming surgery”. He said that he would have to be patient in getting better, as “the bones’ recovery can take several weeks”. “I’m in the best of hands and looking forward to a full recovery,” he added. Mr Khaw is warded in Singapore General Hospital. In his post, Mr Khaw said…

Read More
Vietnam 

A single rally session doesn’t mean immediate recovery – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Last week’s share ‘fire sale’ may have ended trading on a positive note, but analysts have warned the single gaining session does not mean the market’s downtrend has stopped. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange climbed 0.31 per cent to end last week at 880.90 points. It declined 1.3 per cent last week. A similar scenario was also seen on the northern market. On the Hà Nội Stock Exchange, the HNX-Index gained 0.32 per cent to end…

Read More
Vietnam 

Markets drop after recovery – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Market indexes and liquidity suffered a sudden fall in the final trading session last week, meaning that negative signals started to appear following a period of recovery. Việt Nam’s benchmark VN-Index on the Hồ Chí Minh Stock Exchange dropped 0.70 per cent to close Friday at 917.97 points, increasing 1.2 per cent on a weekly basis. The HNX Index on the Hà Nội Stock Exchange lost 0.27 per cent to end Friday at 104.27 points. It rose a total 1.2 per cent…

Read More