Jakarta (VNA) – The Indonesia Stock Exchange (IDX) will shorten trading hours, starting March 30, as one among measures to reduce market volatility caused by the COVID-19 pandemic. This is the first time in history that the IDX has made such a move. It has suspended trading for a few days, but it has never shortened the trading hours before. In its announcement, the Financial Services Authority (OJK) said that stock trading hours will be shortened to four hours from five-and-a-half hours previously. The bourse will open from 9:00 – 11:30 and 13:30 – 15:00. The statement stressed that the move aims to support the Government’s efforts to curb the spread of the pandemic and to harmonise policies of the financial services sector. The OJK also limited the over-the-counter bond trading (SPPA) period from 9:00 to 15:00 and the securities reporting period from 9:30 to 15:30. It has also asked the Indonesian Clearing and Guarantee Corporation (KPEI) and the … [Read more...] about Indonesia shortens stock trading hours for first time in history
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Indochina Capital crowned at Asia-Pacific Property Award
Competing against the best property professionals in Vietnam, Indochina Capital was honoured for its excellence in property consultancy and significant contributions to the fast-paced development of the Vietnamese real estate industry, following a rigorous judging process. … [Read more...] about Indochina Capital crowned at Asia-Pacific Property Award
GDP increases 3.82 percent, CPI jumps 5.56 percent in Q1
Noticeably, enterprises faced many difficulties in the first quarter of this year because of direct impacts from the Covid-19 pandemic. The number of enterprises temporarily halted operations rose to 18,600 enterprises, an increase of 26 percent compared to the same period last year. However, the result of surveys on the business tendency of processing and manufacturing enterprises showed that they expected the disease would be controlled soon so the business and production situation was forecast to be more optimistic in the second quarter than in the first quarter of this year. In the first three months of this year, there were 29,700 newly-established enterprises across the country with total registered capital at VND351.4 trillion and total registered labor of 243,700 workers. Therefore, in comparison with the same period last year, the number of newly-established enterprises increased by 4.4 percent in volume, decreased by 6.4 percent in the value of registered capital, and … [Read more...] about GDP increases 3.82 percent, CPI jumps 5.56 percent in Q1
Hanoi restaurant fined for unsavory use of boot
Hanoi threatens to close 'Cursing Noodles' shop featured on CNN show Saigon consumers can now check where their vegetables come from Market managers have slapped a Hanoi restaurant owner with a VND4.6 million ($201.76) fine after a customer filmed an employee stirring a basin of pig intestines with her boot. … [Read more...] about Hanoi restaurant fined for unsavory use of boot
MSIG Channels RM170,000 to Ministry Of Health For Medical Equipment and Supplies For Hospitals and Healthcare Front Liners
MSIG Malaysia has also opened up their own Facebook Page (facebook.com/MSIGmy) for staff and partners to post encouraging messages to healthcare professionals, tagging the Ministry of Health. It is a show of solidarity and a reminder to all to continue compliance with the Movement Control Order, and to show their gratitude to the healthcare workers at the forefront. … [Read more...] about MSIG Channels RM170,000 to Ministry Of Health For Medical Equipment and Supplies For Hospitals and Healthcare Front Liners
