Market

Jakarta (VNA) – The Indonesia Stock Exchange (IDX) will shorten trading hours, starting March 30, as one among measures to reduce market volatility caused by the COVID-19 pandemic. This is the first time in history that the IDX has made such a move. It has suspended trading for a few days, but it has never shortened the trading hours before. In its announcement, the Financial Services Authority (OJK) said that stock trading hours will be shortened to four hours from five-and-a-half hours previously. The bourse will open from 9:00 – 11:30 and 13:30 – 15:00. The statement stressed that the move aims to support the Government’s efforts to curb the spread of the pandemic and to harmonise policies of the financial services sector. The OJK also limited the over-the-counter bond trading (SPPA) period from 9:00 to 15:00 and the securities reporting period from 9:30 to 15:30. It has also asked the Indonesian Clearing and Guarantee Corporation (KPEI) and the … [Read more...] about Indonesia shortens stock trading hours for first time in history

Michael Piro, chief operating officer of Indochina Capital and director of Indochina Strategic This is not only a milestone for the company, it is also a mark of excellence for their real estate professionals, who are always committed to delivering market leading services and creating the desired value for clients. The Asia-Pacific Property Awards, as part of the International Property Awards, celebrates the highest levels of achievement by companies operating in all sectors of the real estate industry. It is by far the largest, most prestigious, and widely-recognised programme in the region. The awards are chaired by four members of the United Kingdom House of Lords and judged by an independent panel of 80 industry experts based on criteria that encompasses design, quality, service, innovation, originality, and commitment to sustainability. … [Read more...] about Indochina Capital crowned at Asia-Pacific Property Award

Noticeably, enterprises faced many difficulties in the first quarter of this year because of direct impacts from the Covid-19 pandemic. The number of enterprises temporarily halted operations rose to 18,600 enterprises, an increase of 26 percent compared to the same period last year. However, the result of surveys on the business tendency of processing and manufacturing enterprises showed that they expected the disease would be controlled soon so the business and production situation was forecast to be more optimistic in the second quarter than in the first quarter of this year. In the first three months of this year, there were 29,700 newly-established enterprises across the country with total registered capital at VND351.4 trillion and total registered labor of 243,700 workers. Therefore, in comparison with the same period last year, the number of newly-established enterprises increased by 4.4 percent in volume, decreased by 6.4 percent in the value of registered capital, and … [Read more...] about GDP increases 3.82 percent, CPI jumps 5.56 percent in Q1

Hanoi threatens to close 'Cursing Noodles' shop featured on CNN show Saigon consumers can now check where their vegetables come from Market managers have slapped a Hanoi restaurant owner with a VND4.6 million ($201.76) fine after a customer filmed an employee stirring a basin of pig intestines with her boot. … [Read more...] about Hanoi restaurant fined for unsavory use of boot

"We hope that this donation will make a tangible difference, not only in resupplying the front line but also to encourage them by reminding them that they are not alone in this, and that all Malaysians, both corporate entities and individuals, are playing a part in reducing the burden on our health care system at this time of great stress -- not least by following MoH guidelines and the Movement Control Order by staying home. We must continue to pull together during this crisis as a nation so that Malaysians can get back to the regular daily lives as soon as possible." … [Read more...] about MSIG Channels RM170,000 to Ministry Of Health For Medical Equipment and Supplies For Hospitals and Healthcare Front Liners