Thursday, June 4, 2020
Foreign firms are struggling to resume work in virus-hit China as they face disrupted supply chains, rising inventory and quarantine rules meant to contain the deadly epidemic, the EU chamber of commerce said today. With many pharmaceutical companies globally sourcing from China, pharmacies may also face a shortage of antibiotics...
A new report, the first by a UK fintech to show detailed spending habits of more than 133,000 UK small businesses and more than £32bn spending, has been launched. “The Battle for Business Wallets” is a global review of £126bn worth of spending by over 250,000 SMEs in the...
New research has found that less than half of UK SME retailers think they will be thriving at the turn of the next decade. The research by finance solutions provider, Duologi, found that just 46% of small and medium sized retailers (SME) retailers think their business will be successful...
Hong Kong, hurt by US-China trade war, protests, has been replaced by Tokyo as Asia-Pacific’s largest commercial real-estate market in 2019 Hong Kong is no longer the largest commercial real-estate market in Asia-Pacific, having lost its crown to Tokyo in 2019, data and analytics firm Real Capital Analytics said on...
Chinese officials confirmed Wednesday that the number of people infected by a new form of coronavirus in the country has reached nearly 6,000, a total that surpassed the official cases tallied on the mainland during an outbreak of the severe acute respiratory syndrome (SARS) in 2002 and 2003. The...
Death toll from Coronavirus hits 106 with over 1770 new cases China will refurbish a hospital in Beijing that was built during the 2002 SARS outbreak as it works to contain a coronavirus that has killed more than 100 people and infected more than 4,500. Xiaotangshan Hospital, on the northern...
Amazon CEO Jeff Bezos is no longer the world's richest person after his net worth slid by US$760 million to US$115.6 billion as Amazon shares dipped 0.7 percent. The drop may only be a tiny percentage of his net worth, but it was enough to see LVMH chief executive Bernard...
Days after the United States and China signed a deal that de-escalates months of back-and-forth trade retaliation, a survey of logistics executives shows that the supply chain industry continues to see a U.S.-China trade war as the top threat to global growth. In a poll conducted this month by Agility...
Zen research shows SME productivity impacted by poor broadband UK SMEs are facing a productivity slump due to poor internet connectivity, according to new research by business ISP Zen Internet. A survey of more than 1,000 SME employees across the UK found that 83 percent find unreliable internet connections annoying. Of...
After years of reconnaissance, China’s retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers’ fees to attract vendors but has had mixed results, six sources with direct knowledge of the matter said. A flood of small businesses have joined its European platform, AliExpress, in...
World Bank: Global economy faces tenuous recovery beset by risks The World Bank has cautioned that recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls that could derail this tepid upswing. A renewal of trade tensions, which eased...
Maszlee Malik resigns as Education Minister Over RM170,000 fines imposed on smokers and eatery owners Proton sales up 55.7 per cent in 2019 Singapore economy grew 0.7per cent in 2019 China’s central bank frees up US$115 billion to support growth China suspends Shanghai-London stock plan Maszlee Malik resigns as...

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