In total, 38.8 per cent of surveyed firms believed their business in the second quarter would be improved from the first three months, and 35.3 per cent said they expected stable business. … [Read more...] about Many firms optimistic about business in Q2
Intensively processed products
The key for Vietnamese plants is to meet the strict standards of these major companies, and Zhou and Chen’s report found that, in general, managers are taking a “step-by-step” approach by introducing simpler product lines before moving onto more complex items. “Risks in this area are unlikely to stop the shift. If anything, the coronavirus crisis will accelerate moves by global companies into Vietnam,” the report added. … [Read more...] about World watches as China moves ahead on economic chessboard
It is worth noting that the Group won the bid for a parcel of land for residential use in Castle Peak Bay, Tuen Mun, Hong Kong at the beginning of this year, making the Group's first venture into Hong Kong's residential market. The land, adjacent to Hong Kong Gold Coast and Harrow International School Hong Kong with bright development prospect of infrastructure, is the first land sale launched by the HKSAR Government in 2020. The project occupied a site area of approximately 146,000 sq.ft., with a maximum permissible gross floor area of approximately 583,000 sq.ft., Currently, it takes a 20-minute drive from the project site to Shenzhen Bay, and a 30-minute drive to Central. After the opening of the Tuen Mun- Chek Lap Kok Link, driving from the project site to Hong Kong Airport and Hong Kong- Zhuhai-Macau Bridge will only take 15 minutes. Upgrading of transportation infrastructure in the region will enhance the interactions and synergies between the Group's businesses in different … [Read more...] about Kaisa Group (1638.HK) Announces 2019 Annual Results
"Some SMEs have cash cycles that only allow them to survive for three months. This means some of them will inevitably be shaken out of the market. Nevertheless, from a macro standpoint, this is the price the economy needs to pay for businesses to improve, become more sustainable, and develop buffers against crises." … [Read more...] about Businesses find opportunity in Covid-19 pandemic
HÀ NỘI — According to a directive from the Prime Minister, social distancing will be applied nationwide for 15 days starting from April 1, in an attempt to contain the spread of coronavirus, and only factories, businesses and service establishments producing and providing essential goods and services are allowed to remain open. … [Read more...] about Which businesses will remain open during national social distancing?