COVID-19 Updates
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Philippines eyes new taxes to fund economic stimulus amid coronavirus pandemic
The Philippines is considering introducing a raft of new taxes to fund economic stimulus in the wake of the coronavirus pandemic, despite the risk that these levies could slow economic…
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There may be no immunity against Covid-19, new Wuhan study suggests
Humans may never develop immunity against Covid-19, according to new research on antibodies by Chinese and American scientists.Their conclusion was based on a study looking at whether hospital workers in…
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Will Hong Kong continue to fall behind Singapore in competitiveness rankings?
Hong Kong’s policymakers should heed a wake-up call to secure the city’s social and political stability after it fell behind rival Singapore in a competitiveness ranking for the second year…
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Indonesia to reopen economy as coronavirus cases surge. Is it ready?
Last week, the Indonesian government said it was looking to reopen its borders to travellers from China, South Korea, Japan, and Australia, leaving many online commentators in disbelief as coronavirus…
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Citigroup, DBS and other big banks are hiring again as demand for coders soars
A hiring slowdown at banks in Asia is beginning to thaw, driven by demand for coders. Lenders including DBS Group Holding, Oversea-Chinese Banking Corp and Citigroup are adding workers to…
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Coronavirus: Beijing outbreak may deal fatal blow to some small businesses in the capital
Beijing resident Gu Jinfeng had spent weeks preparing to reopen her preschool training centre, rolling out nucleic acid tests for teachers, disinfecting classrooms and slogging through red tape to get…
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Can London’s Chinatown survive the coronavirus?
Concern is growing that London’s Chinatown, the best known and largest in Europe and one of the city’s major tourist attractions, may not survive the tailwinds of the Covid-19 pandemic.…
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The West shouldn’t fear Chinese cash, but welcome the peace dividend
The trend in advanced economies of closing up to Chinese foreign investment has accelerated during the economic downturn from the coronavirus pandemic.There is a fear among Australian, Japanese, European and…
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Tsinghua panel calls for collaboration in AI to combat Covid-19 as US limits access to some Chinese scholars
Academics from top universities in the US and China have called for more collaboration in artificial intelligence research as US-China tech tensions continue to escalate and the increased use of…
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China to forgive interest-free loans to Africa that are coming due, Xi Jinping says
Beijing will write off all interest-free loans advanced to African countries that are due this year, Chinese President Xi Jinping announced on Wednesday.China will also build hospitals and send more…