Geography of Asia

Middle East Macroeconomic Outlook to 2025 - Infrastructure Spending & Strong Performance by Non-oil Sector to Boost Regional Economy

Wednesday, April 1, 2020 - 12:45pm

DUBLIN, April 1, 2020 /PRNewswire/ -- The "Middle East Macroeconomic Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 1, 2020 /PRNewswire/ -- The "Middle East Macroeconomic Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Middle East Macroeconomic Outlook to 2025 presents economic, demographic, employment, infrastructure and competitiveness data for 14 countries.
  • The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region.
  • The Qatari economy is anticipated to strengthen with increased infrastructure and construction activities for the 2022 FIFA World Cup.

New Law Firm Bowers Opens in Hong Kong; Experienced Team Offers Innovative Fixed-Fee Charging Structure, Eliminates Hourly Billing

Wednesday, April 1, 2020 - 1:00am

HONG KONG, April 1, 2020 /PRNewswire/ --New, independent law firm Bowers, which will be branded bowers.law, today opened for business in Hong Kong.

Key Points: 
  • HONG KONG, April 1, 2020 /PRNewswire/ --New, independent law firm Bowers, which will be branded bowers.law, today opened for business in Hong Kong.
  • Founded by Hong Kong Solicitor Advocate Kevin Bowers, bowers.law will implement a new, value-based charging model for legal services.
  • The firm will eliminatetraditional hourly rate billing even for contentious dispute resolution legal work.
  • He specialises in commercial, insurance, employment and property dispute resolution as well as crisis management, fraud, and media law both in Hong Kong and internationally.

WHO: KSA's Support of USD 10 Million Will Support COVID-19 National Health Plan

Tuesday, March 31, 2020 - 4:49pm

Dr. El Ziq, in a press statement following the signing of the agreement, said that "the ten million dollars provided by Saudi Arabia to the World Health Organization will contribute to the implementation of the COVID-19 National Health Plan.

Key Points: 
  • Dr. El Ziq, in a press statement following the signing of the agreement, said that "the ten million dollars provided by Saudi Arabia to the World Health Organization will contribute to the implementation of the COVID-19 National Health Plan.
  • With this contribution, we will purchase preventive equipment for health workers, and laboratory equipment needed for investigations on the virus.
  • He ended his remarks by expressing his appreciation for the Kingdom's generous ongoing support to crisis-affected countries around the world.
  • This leadership, he stated, demonstrated how seriously the Kingdom takes its responsibility to join with the rest of the world in fighting and overcoming the dangerous health and economic effects of COVID-19.

Only Two-thirds of Export Value of Textiles and Clothing From ASEAN Constitute Their Own GDP – Says ASEAN-Japan Centre

Tuesday, March 31, 2020 - 8:45am

Textiles and clothing1 are archetypal industries through which ASEAN member states achieve industrialization and integration into the global economy, according to Global Value Chains in ASEAN: Textiles and Clothing ( https://www.asean.or.jp/en/centre-wide-info/gvc_database_paper14/ ) published by the ASEAN-Japan Centre.

Key Points: 
  • Textiles and clothing1 are archetypal industries through which ASEAN member states achieve industrialization and integration into the global economy, according to Global Value Chains in ASEAN: Textiles and Clothing ( https://www.asean.or.jp/en/centre-wide-info/gvc_database_paper14/ ) published by the ASEAN-Japan Centre.
  • For ASEAN, the most vibrant is clothing, which is often a major exporter, generating significant employment.
  • Textiles, in contrast, play a less salient role in its overall export structure because of their technology and capital intensity.
  • In the clothing industry, the lower-income ASEAN countries tend to specialize in labour-intensive activities such as cut, make and trim operations.

Israeli Small Businesses Get Creative in Face of Global Upheaval

Monday, March 30, 2020 - 1:38pm

NEW YORK, March 30, 2020 /PRNewswire/ --As small businesses in Israel's north and south face unprecedented economic hardship, local proprietors have come together to create a U.S. focused online marketplace.

Key Points: 
  • NEW YORK, March 30, 2020 /PRNewswire/ --As small businesses in Israel's north and south face unprecedented economic hardship, local proprietors have come together to create a U.S. focused online marketplace.
  • Through the support of Jewish National Fund-USA (JNF-USA), Israeli artisans and small business owners are sharing their stories and offering unique artisanal products via a new platform called Online Mitzvah Marketplace: Shop Israeli Goods.
  • The initiative will help Israeli businesses operate outside of their traditional business model that relies on foot traffic from tourists.
  • The "one-stop-shop" features daily 10-15-minute episodes available at Youtube.com/jewishnationalfund with interviewees including Israeli craftsmen and small business owners from the country's premier Negev Desert and Galilee region.

Aker Solutions Secures Brownfield Services Contract in Brunei

Monday, March 30, 2020 - 1:19pm

OSLO, Norway, March 30, 2020 /PRNewswire/ -- Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

Key Points: 
  • OSLO, Norway, March 30, 2020 /PRNewswire/ -- Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).
  • The work will be managed from PTAS Aker Solutions Sdn Bhd's office in Kuala Belait, Brunei Darussalam.
  • Since Aker Solutions secured the Offshore Reliability Maintenance and Construction contract for Brunei Shell Petroleum in 2012, the company has continuously improved the service delivery and introduced new working methods and technology to Brunei Shell Petroleum.
  • Aker Solutions currently employs more than 340 people in Brunei and manages 2,300 though local subcontractors.

Aker Solutions Secures Brownfield Services Contract in Brunei

Monday, March 30, 2020 - 1:17pm

OSLO, Norway, March 30, 2020 /PRNewswire/ -- Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

Key Points: 
  • OSLO, Norway, March 30, 2020 /PRNewswire/ -- Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).
  • The work will be managed from PTAS Aker Solutions Sdn Bhd's office in Kuala Belait, Brunei Darussalam.
  • Since Aker Solutions secured the Offshore Reliability Maintenance and Construction contract for Brunei Shell Petroleum in 2012, the company has continuously improved the service delivery and introduced new working methods and technology to Brunei Shell Petroleum.
  • Aker Solutions currently employs more than 340 people in Brunei and manages 2,300 though local subcontractors.

NOVA LIFESTYLE, INC. ANNOUNCES DELAY IN FILING FORM 10-K REPORT AND PROVIDES COVID-19 UPDATE

Friday, March 27, 2020 - 8:14pm

The Company previously announced that it expected to file its Annual Report within the extension period afforded by Rule 12b-25.

Key Points: 
  • The Company previously announced that it expected to file its Annual Report within the extension period afforded by Rule 12b-25.
  • As a result of the increasing challenges associated with the COVID-19 outbreak, the Company does not expect to file the Annual Report until May 14, 2020.
  • The Company filed a Current Report on Form 8-K today which outlines the Companys reliance on the relief from the original filing deadline provided by the SEC, and the Annual Report filing extension permitted thereunder.
  • The Company primarily conducts its business operations from four cities: Los Angeles, California, Hong Kong, Macao, China and Kuala Lumpur, Malaysia.

2020 Insights on the Hong Kong Air Treatment Systems Market - Heath Conscious Customers Present Opportunities - ResearchAndMarkets.com

Thursday, March 26, 2020 - 2:48pm

The "2020 Air Treatment Systems Market: Hong Kong" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "2020 Air Treatment Systems Market: Hong Kong" report has been added to ResearchAndMarkets.com's offering.
  • A comprehensive analysis of the Air Treatment Systems (Air Purifiers) Market in Hong Kong including market sizing, market share by competitor, drivers, restraints, distribution, pricing trends, new products and market forecasts to 2026.
  • This report covers air treatment systems and filter replacements.
  • The report captures the following information about the air treatment systems market in Hong Kong:

Promoting Education Services Trade in ASEAN Proves to Be Stimulating Regional Economic Growth – Says ASEAN-Japan Centre

Thursday, March 26, 2020 - 9:28am

Education services is one of three social services1 subject to study by the ASEAN-Japan Centre (AJC) for promoting social services trade.

Key Points: 
  • Education services is one of three social services1 subject to study by the ASEAN-Japan Centre (AJC) for promoting social services trade.
  • View the full release here: https://www.businesswire.com/news/home/20200326005246/en/
    "Promoting Services Trade in ASEAN: Trade in Education Services" by ASEAN-Japan Centre (Graphic: Business Wire)
    The key economic task of education services is to build human capital meeting skill requirements of labor markets, for increasing productivity and competitiveness and, consequently, for stimulating economic growth, said AJC in its report Promoting Services Trade in ASEAN: Education Services ( https://www.asean.or.jp/en/trade-info/pst2_papers/ ).
  • ASEAN countries increasingly participate in most types and modes of trade in education services, but mainly as importers.
  • Another important policy task of governments is to increase benefits and avoid or reduce risks of trade in education services.