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Profound impact on trade from rising freight rates, says research report

December 16, 2021

BEIJING -- Rapidly rising shipping rates compounding crippling supply chain disruptions are straining China's minnow commodities exporters as key industry stakeholders prepare for further challenges, according to the  global banking research and advisory firm, East and Partners, which says elevated freight rates could extend well into 2023.

Mandatory COVID vaccinations in the workplace: current rules and employer risks in Asia-Pacific

December 30, 2021

SYDNEY -- The global law firm BakerMcKenzie has addressed the question of compulsory vaccination against COVID-19 in a special report authored by Michael Michalandos, the firm's Head of Employment and Compensation Group, Asia-Pacific. The report covers 11 countries across Asia-Pacific - Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.

Evergrande crisis causing US$10 billion in pension, investor losses, says German researcher

November 18, 2021

BERLIN -- The Evergrande default and the China real estate crisis are currently causing around US$10 billion in losses at the 10 largest pension and investment funds specialising in Asia, with the largest Evergrande bond exposure of around US$1.2 billion, according to a new DMSA study just published.

Taiwan in talks to deepen partnership with Europe

November 4, 2021

Taiwan was committed to deepening its partnership with Europe while safeguarding freedom and democracy for the people of both sides, President Tsai Ing-wen told a seven-member delegation of EP lawmakers led by Raphael Glucksmann of France, chair of the EP Special Committee on Foreign Interference in all Democratic Processes in the European Union, including Disinformation (INGE).

Airport Authority HK revised down to 'bbb' on protracted traffic recovery

November 22, 2021

HONG KONG -- The negative impact of the COVID-19 pandemic on passenger travel will likely weigh on Airport Authority Hong Kong's (AAHK) revenue and leverage over the next 12-24 months, according to ratings agency Standarfd and Poors.  It says AAHK's passenger traffic recovery will lag behind global peers due to the HKSAR's sustained stringent quarantine measures and the absence of domestic flight operations.

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