Financial investors unsettled by disappearance of Jack Ma
NEW YORK/BOSTON/HONG KONG – Billionaire Jack Ma’s 50-second video reappearance has done little to resolve Alibaba Group’s troubled relationship with regulators that is making some investors hesitate about owning the Chinese e-commerce giant’s stock. Relief at Ma’s first public appearance … Continue reading Financial investors unsettled by disappearance of Jack Ma
GTAI: 2020 further bolstered Germany’s reputation
Berlin – Amidst the corona pandemic, a number of international surveys showed that people around the globe have increased regard for German rationalism, stability, respect for law and leadership. Among other things, nations are brands – and Germany got some … Continue reading GTAI: 2020 further bolstered Germany’s reputation
Thailand: Top business destination in two years ?
BANGKOK – The Thai government has set an ambitious target for itself – making Thailand one of the top 10 countries in the world for ease of doing business in the next two years, said Deputy Prime Minister Supattanapong Punmeechaow, … Continue reading Thailand: Top business destination in two years ?
ASEAN and EU’s new online Customs Transit System
JAKARTA – The private sector in ASEAN now has access to a powerful new online system, the ASEAN Customs Transit System (ACTS), which will reduce intra-ASEAN trading challenges and enable companies to benefit fully from the ASEAN Economic Community (AEC) … Continue reading ASEAN and EU’s new online Customs Transit System
Germany to Invest 10 Billion Euro in Start-Up Support
Berlin – The German parliament has approved a billion-euro “future fund” to help fledgling companies expand their business. Early on Friday, after a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups … Continue reading Germany to Invest 10 Billion Euro in Start-Up Support
U.S. adds four more Chinese firms to Pentagon blacklist
WASHINGTON – Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. … Continue reading U.S. adds four more Chinese firms to Pentagon blacklist
China to cut tariffs, boost imports
BEIJING – China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model. “We will further reduce tariffs … Continue reading China to cut tariffs, boost imports
RCEP economies account for 29 percent of global GDP
Beijing – On Sunday, China and 14 other countries signed the Regional Comprehensive Economic Partnership (RCEP) Agreement at the virtual-hosted ASEAN Summit, formalizing the largest free trade agreement (FTA) in history. After an arduous eight-year negotiation period, a combination of … Continue reading RCEP economies account for 29 percent of global GDP
RCEP: The world’s biggest free trade bloc launched
HANOI — The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries on Sunday, launching the world’s biggest free trade bloc. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN) … Continue reading RCEP: The world’s biggest free trade bloc launched
37th ASEAN summit scheduled for Nov. 12-15
HANOI — The 37th summit of the Association of Southeast Asian Nations (ASEAN) and related meetings will be held via video link from Nov. 12 to 15, according to Vietnam’s Ministry of Foreign Affairs. Vietnamese Prime Minister Nguyen Xuan Phuc … Continue reading 37th ASEAN summit scheduled for Nov. 12-15