Economy of Asia

Regional Comprehensive Economic Partnership (RCEP) will deepen Pacific economic integration

Retrieved on: 
Friday, November 20, 2020

LONDON, Nov. 20, 2020 /PRNewswire/ -- On 15 November, 15 countries signed the Regional Comprehensive Economic Partnership (RCEP).

Key Points: 
  • LONDON, Nov. 20, 2020 /PRNewswire/ -- On 15 November, 15 countries signed the Regional Comprehensive Economic Partnership (RCEP).
  • Over time, it should lead to deeper integration of regional supply chains and economies in East and South East Asia, boosting trade and productivity.
  • RCEP extends and links a number of existing trade agreements into a multi-lateral partnership covering most of the major economies in the Asia-Pacific region.
  • CRU big enough to deliver a high quality service, small enough to care about all of our customers.

Israel Corp. Reports Results for Third Quarter of 2020

Retrieved on: 
Thursday, November 19, 2020

Israel Corporation Ltd. (TASE: ILCO) ("IC") is a reputable public investment company, which owns and invests in high quality companies with established managements and go-to markets.

Key Points: 
  • Israel Corporation Ltd. (TASE: ILCO) ("IC") is a reputable public investment company, which owns and invests in high quality companies with established managements and go-to markets.
  • In November 2019, IC announced its updated strategy, IC plans to expand its portfolio through new investments in total amount of $350m-500m over the next few years.
  • IC plans to focus mainly in the food (inc. tech), agriculture (inc. tech), healthcare and industry 4.0 sectors.
  • IC current core holdings include c.46% stake in ICL Group (NYSE:ICL, TASE:ICL) and a c.33% stake in the Bazan Group (TASE:ORL).

Bank Hapoalim Announces Third Quarter 2020 Financial Results

Retrieved on: 
Thursday, November 19, 2020

TEL AVIV, Israel, Nov. 19, 2020 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the third quarter ended September 30, 2020.

Key Points: 
  • TEL AVIV, Israel, Nov. 19, 2020 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the third quarter ended September 30, 2020.
  • Key developments in the financial statements for the third quarter of 2020:
    Income from regular financing activity totaled NIS 2,336 million in the third quarter of 2020, compared with NIS 2,387 million in the same quarter last year.
  • Bank Hapoalim will host a conference call today to discuss its thirdquarter 2020 financial results at 5:00 p.m. (Israel); 3:00 p.m. (UK); 10:00 a.m. (ET).
  • The Bank Hapoalim Group includes holdings in financial companies involved in investment banking, trust services and portfolio management.

HKTDC continues to review Book Fair holding conditions

Retrieved on: 
Monday, November 16, 2020

HONG KONG, Nov 16, 2020 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced earlier that the HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, had been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC).

Key Points: 
  • HONG KONG, Nov 16, 2020 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) announced earlier that the HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, had been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • The HKTDC has since been monitoring pandemic developments closely while maintaining close contact with the Centre for Health Protection (CHP) and the industry.
  • Today (16 November), a meeting was held with representatives of the Book Fair's supporting organisations to assess the latest situation.
  • With various factors taken into account, it was agreed that the circumstances supported continuing the preparation work for holding the Book Fair in December.

AI business matching at Autumn Sourcing Week | ONLINE

Retrieved on: 
Sunday, November 15, 2020

Autumn Sourcing Week | ONLINE (ASWO), which will open tomorrow (16 November), has attracted 2,600 exhibitors from 33 countries and regions, featuring 37 group pavilions and covering the latest products from 11 industries.

Key Points: 
  • Autumn Sourcing Week | ONLINE (ASWO), which will open tomorrow (16 November), has attracted 2,600 exhibitors from 33 countries and regions, featuring 37 group pavilions and covering the latest products from 11 industries.
  • Buyers and exhibitors can make deals through the HKTDC's business matching platform, Click2Match, which uses AI technologies to conduct automatic matching between potential business partners.
  • In addition, the HKTDC has mobilised its network of 50 offices worldwide to invite quality international buyers, arranging online business matching meetings according to their sourcing needs to increase the chance of business collaboration.
  • Autumn Sourcing Week | ONLINE: http://asw.hktdc.com
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

Huntkey to Present at Hong Kong Autumn Sourcing Week Digital Show

Retrieved on: 
Saturday, November 14, 2020

SHENZHEN, China, Nov. 13, 2020 /PRNewswire/ -- Huntkey, a leading provider of power solutions, will be presenting at the Hong Kong Autumn Sourcing Week Digital Show (shorted for "the show" below) from November 16 27, 2020.

Key Points: 
  • SHENZHEN, China, Nov. 13, 2020 /PRNewswire/ -- Huntkey, a leading provider of power solutions, will be presenting at the Hong Kong Autumn Sourcing Week Digital Show (shorted for "the show" below) from November 16 27, 2020.
  • The show is a one-top online sourcing platform for buyers and suppliers to continue explore more business opportunities across various industries.
  • It's organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong's businesses.
  • For more information, please visit: https://en.huntkey.com/
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong's businesses.

Bank Leumi to Report Third Quarter Results on November 17, 2020

Retrieved on: 
Thursday, November 12, 2020

TEL AVIV, Israel, Nov. 12, 2020 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its Third Quarter 2020 financial results on Tuesday, November 17, 2020.

Key Points: 
  • TEL AVIV, Israel, Nov. 12, 2020 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its Third Quarter 2020 financial results on Tuesday, November 17, 2020.
  • The call will be accompanied by a presentation which will be published on the day of the publication of the Financial Results on the Israeli Securities Authority reporting website (MAGNA).
  • It will also be available on the Leumi website under Investor Relations, in the Financial Statements page, Investor Presentation and Conference Call.
  • An archived recording will be available on the Leumi website one business day after the call ends.

HKTDC upgrades online sourcing platform

Retrieved on: 
Thursday, November 12, 2020

HONG KONG, Nov. 12, 2020 /PRNewswire/ --The Hong Kong Trade Development Council (HKTDC) has upgraded its hktdc.comSourcing platform in the run-up to Autumn Sourcing Week | ONLINE , a large-scale online trade fair that will run from 16 to 27 November 2020.

Key Points: 
  • HONG KONG, Nov. 12, 2020 /PRNewswire/ --The Hong Kong Trade Development Council (HKTDC) has upgraded its hktdc.comSourcing platform in the run-up to Autumn Sourcing Week | ONLINE , a large-scale online trade fair that will run from 16 to 27 November 2020.
  • As a pioneer in digital sourcing, the HKTDC introduced Hong Kong's first large-scale business-to-business (B2B) marketing platform, hktdc.com Sourcing, back in 2000.
  • Following the success of its Summer Sourcing Weeks | GO ONLINEearlier this year, which migrated a number of physical exhibitions online, the HKTDC is holding Autumn Sourcing Week | ONLINE next week under the theme "A New Connected World Beyond the New Normal", bringing together2,600 suppliers from 33 countries and regions.
  • "Even when physical exhibitions resume, the HKTDC will continue to organise regular thematic online sourcing events catering to the different sourcing cycles of various sectors.This will create an extended exhibition experience and fully utilise the advantages of O2O."

HKTDC initiatives enhance digital experience for SMEs

Retrieved on: 
Thursday, November 12, 2020

The latest HKTDC survey shows that Hong Kong companies are adjusting their business strategies to cope with the new normal.

Key Points: 
  • The latest HKTDC survey shows that Hong Kong companies are adjusting their business strategies to cope with the new normal.
  • He said the HKTDC will continue to enhance its online services to help Hong Kong businesses capture opportunities.
  • "We are also launching the Digital Academy to provide SMEs with comprehensive free-of-charge assistance and training in the area of digital marketing," Mr Chau continued.
  • The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels.

HKTDC upgrades online sourcing platform

Retrieved on: 
Thursday, November 12, 2020

HONG KONG, Nov. 12, 2020 /PRNewswire/ --The Hong Kong Trade Development Council (HKTDC) has upgraded its hktdc.comSourcing platform in the run-up to Autumn Sourcing Week | ONLINE , a large-scale online trade fair that will run from 16 to 27 November 2020.

Key Points: 
  • HONG KONG, Nov. 12, 2020 /PRNewswire/ --The Hong Kong Trade Development Council (HKTDC) has upgraded its hktdc.comSourcing platform in the run-up to Autumn Sourcing Week | ONLINE , a large-scale online trade fair that will run from 16 to 27 November 2020.
  • As a pioneer in digital sourcing, the HKTDC introduced Hong Kong's first large-scale business-to-business (B2B) marketing platform, hktdc.com Sourcing, back in 2000.
  • Following the success of its Summer Sourcing Weeks | GO ONLINEearlier this year, which migrated a number of physical exhibitions online, the HKTDC is holding Autumn Sourcing Week | ONLINE next week under the theme "A New Connected World Beyond the New Normal", bringing together 2,600 suppliers from 33 countries and regions.
  • "Even when physical exhibitions resume, the HKTDC will continue to organise regular thematic online sourcing events catering to the different sourcing cycles of various sectors.This will create an extended exhibition experience and fully utilise the advantages of O2O."