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In addition, the group also pays much attention to cultural tourism promotion with its Muong Hoa Cultural Park that encompasses a full range of attractions, accommodation, and public amenities. The programmes and architecture work in tandem to accentuate and enhance the landscape. … [Read more...] about The successful generation transfer within Alphanam Group

Despite global crude prices continuing to fall, oil and gas stocks continued to perform well with PLX of petroleum distributor Petrolimex adding 6.6 percent, POW of electricity generator PetroVietnam Power 3.8 percent, and GAS of energy giant PetroVietnam Gas 2.4 percent. … [Read more...] about Blue chips lead VN-Index’s 2.67 pct. gain

Benefiting from the central government's policies in respect of the Guangdong-Hong Kong- Macao Greater Bay Area (the "Greater Bay Area") and the pilot demonstration area of Shenzhen, the Greater Bay Area market remained as the major contributor to the Group's sales during the Year, accounting for more than 60% of contracted sales. As a leading enterprise in the urban renewal market in the Greater Bay Area, Kaisa capitalised on its premium resources in urban renewal and supplied the Group with quality urban renewal projects, which has laid a solid foundation for the growth of its sales volume. During the Year, Kaisa's urban renewal projects such as Shenzhen Yantian City Plaza, Shenzhen Pinghu Kaisa Plaza, Shenzhen Kaisa Future City, Shenzhen Kaisa Dongmen New World and Shenzhen Bantian Kaisa City Plaza achieved satisfactory sales performance. … [Read more...] about Kaisa Group (1638.HK) Announces 2019 Annual Results

“The pandemic is going to reinforce that the US is simply not the highly functional, advanced role model it used to be,” said Edward Alden, senior fellow at the Council on Foreign Relations, a US think tank specialising in America’s foreign affairs. “The Europeans have, in the past, looked at the US with a fair degree of awe, because of its innovative companies, strong university system, and the ability to attract highly skilled immigrants.” … [Read more...] about World watches as China moves ahead on economic chessboard

Phnom Penh (VNA) - Cambodia's economic growth is projected to slow sharply to 2.5 percent in 2020 due to the impact of the COVID-19 outbreak, according to a World Bank's report released on March 31. After consecutively attaining an economic growth of 7.1 percent in recent years, the bank's East Asia and Pacific Economic Update said the outbreak caused sharp decelerations in most of Cambodia's main engines of growth in the first quarter of 2020, including weakened tourism and construction activity. “Real growth is projected to slow sharply to 2.5 percent in 2020, but the growth rate will recover to 5.9 percent in 2021 under the baseline scenario,” said the report. It added that the unprecedented global shock triggered by the pandemic has significantly affected the country’s economy in all its major sectors: agriculture, tourism, garments, textiles and construction”. The situation was not helped when the European Union said it will withdraw 20 percent of its … [Read more...] about WB: Cambodia’s economy to slow down due to COVID-19