Sources have said Taiwanese Pegatron is seeking permission to invest in two projects in Hai Phong City, totalling $500 million. Pegatron will manufacture electronic products, including household appliances, computers and computer peripheral devices, communication equipment, electronic components, and circuit boards for large electronic enterprises investing in Vietnam and for export. … [Read more...] about Industrial land prices escalate as more multinationals head for Vietnam
Petrol price rise
China’s daily COVID cases rise, driven by previously asymptomatic patients
Of the 117 new local infectons, Jilin accounted for 67 cases - all but three of whom were previously asymptomatic patients who were reclassified as confirmed cases after developing symptoms. Heilongjiang reported 35 new cases, while Hebei reported 11 new cases. … [Read more...] about China’s daily COVID cases rise, driven by previously asymptomatic patients
National power utility faces financial crunch
National utility EVN’s gross margin fell from 15.1 percent in 2015 to 12.9 percent last year due to rising costs of payment to new coal-fired independent power projects (IPPs), a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) says. … [Read more...] about National power utility faces financial crunch
COVID-19 Crisis: How Digital Marketing Help Businesses Thrive Amidst the Pandemic
The first action to take to develop a new marketing strategy is reassessing and reevaluating the business's assets and messages from a different perspective. As we live in a world with high unemployment rates, economic and general anxiety, messages, and business marketing strategies need to be aligned with societal status and financial hardships. … [Read more...] about COVID-19 Crisis: How Digital Marketing Help Businesses Thrive Amidst the Pandemic
FTLife survey shows Hongkongers far less confident about retirement due to pandemic, while younger generation lacks wealth management knowledge
FTLife launches Prosperous Deferred Annuity Plan 2 for customers’ retirement need with tax deductionIn survey, 70% said they lack confidence in retirement due to pandemic, four times that pre-Covid level. Top three retirement worries are rising medical expenses (53%), lack of stable income (52%) and managing expenses (50%); High market volatility arouses risk-adverse sentiment among Hongkongers. 37% of the respondents prefer to hold cash savings, especially for young people aged between 20 and 29 (62%). Around a quarter are more interested in capital guaranteed or low risk investment. Many people are re-examining their retirement needs, with 62% of the respondents expressing interest in subscribing to a qualifying deferred annuity plan in the coming year. FTLife is launching Prosperous Deferred Annuity Plan 2, which is open to customers who are 20 years old or above. The guaranteed breakeven period is as short as eight years [1]and the range of total internal rate of … [Read more...] about FTLife survey shows Hongkongers far less confident about retirement due to pandemic, while younger generation lacks wealth management knowledge