,Hong Kong
1 view

Daily Briefing: Malaysia goes into lock down; Vietnam suspends flights as new variant emerges

From AP:

Malaysia has began its second nationwide lockdown to tackle the ongoing resurgence of COVID-19 cases. Businesses will be closed for two weeks until June 14, except for 17 essential sectors, including banking, media, and food and beverage. Certain manufacturing sectors are also allowed to operate at 60% capacity.

Infections have breached the 6,000 mark on May 19, and hit past 9,000 within ten days.

Read more here.

From Forbes:

Vietnam suspends international flights to Hanoi from June 1 to 7, amidst not only the surge COVID-19 cases, but a new variant. Flights to Ho Chi Minh are also suspended until June 14, following a recent outbreak in the city.

Vietnam’s health ministry said the new variant combines characteristics of variants found in India and the United Kingdom, and is more transmissable than previous variants.

Read more here.

From CNBC:

India stocks rose in May despite the country grappling with tens of thousands of new COVID-19 cases every day. The Nifty 50 rose 6.5% while the BSE Sensex rose by 6.47%.

Vietnam was Asia-Pacific’s best performing market, with the VN Index rising by 7.15% in May. Meanwhile the Taiex was the worst performing market for the month, falling by 2.84%.

Read more here.

Get Hongkong Business in your inbox
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.
It reported a HK$1.4b loss in the same period last year.
The company recorded $811m over the same period in 2020.
Residents who stayed in Macau in the last 14 days will be ineligible to return to Hong Kong.
Total consideration for the sales amounted to $94b.
Some 10,000 eligible residents may win a free tour.
Its earnings reached HK$4,615m from HK$6,010m. 
The bulk of the proceeds will be used to fund R&D initiatives.
The bank linked this to macroeconomic conditions that put pressure on its net interest margin.
Scholars and fellows could receive up to $300,000 per year.
China’s oversight of the private sector in the past weeks has raised concerns and panic.
This was partially due to IPOs during the month.
The majority of whom will likely use their credit cards to top up.