governement

Retail Asia09/04/2021

Investors should exercise extreme caution when trading cryptocurrencies, senior minister Tharman Shanmugaratnam said in parliament on Monday. Cryptocurrencies can be highly volatile, as their value is typically not related to any economic fundamentals. They are hence highly risky as investment products, and certainly not suitable for retail investors,» Shanmugaratnam, who is also the minister in charge […]

Retail Asia06/04/2020

Indonesia AirAsia has been forced to halt its growth plan for this year, as a result of the coronavirus pandemic and economic challenges faced by Indonesia. The plan for 2020 was for the low-cost carrier to increase its market share by adding three new aircraft and launching new services, having recorded a 28% growth in revenue for 2019 […]

Retail Asia20/03/2020

37711445-HONG-KONG-JANUARY-12-People-shopping-at-Fa-Yuen-Street-Market-by-night-Fa-Yuen-Street-is-a-retail-st-Stock-Photo-1024x682.jpg

The Hong Kong government will allocate US$271 million in aid for around 70,000 retailers affected by the coronavirus outbreak. The Retail Sector Subsidy Scheme will launch next Monday, with eligible stores set to receive an HK$80,000 (US$10,300) subsidy under the scheme to help alleviate their financial difficulties. Beneficiaries of the fund must be substantial retail […]

Retail Asia25/02/2016

The Hong Kong government just settled its 2016-17 budget — which includes an allocation for the fashion industry of 500 million Hong Kong dollars (or about $64.35 million at current exchange rates). Financial secretary John C. Tsang told us that the funds will go towards developing the fashion industry, specifically promoting local designers and brands internationally and […]

Tag: governement

Singapore Minister Warns Public on Crypto Trading

Indonesia AirAsia’s growth halted due to coronavirus and economy

Hong Kong government launches cash relief for retailers from Monday

Hong Kong Government Allocates About $64 Million In Fashion Industry For Upcoming Budget