Sat, 24 Jul 2021

HONG KONG -- The wealth management connect in the Guangdong-Hong Kong-Macao Greater Bay Area will be launched in the near term, an official of the Hong Kong Special Administrative Region (HKSAR) government said here on Friday.

Financial Secretary Paul Chan made the remarks when delivering a speech at a forum here and said the program, which allows investors in the Greater Bay Area to make cross-border investments in wealth management products, will create enormous opportunities for the financial sector. (HK-GBA-Wealth Management Connect)

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JAKARTA -- The World Bank's Board of Executive Directors has approved funding of 400 million U.S. dollars to support the Indonesian government's reforms to deepen, increase efficiency and strengthen the financial sector resilience.

World Bank Country Director for Indonesia and Timor-Leste Satu Kahkonen said here on Friday that the new funding was designed to assist Indonesia in addressing vulnerability in the financial sector exacerbated by the COVID-19 pandemic. (Indonesia-WB-Fund)

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HONG KONG -- A senior official of China's Hong Kong Special Administrative Region (HKSAR) government on Friday elaborated on the bright prospect of Hong Kong's development and invited companies in the Association of Southeast Asian Nations (ASEAN) countries to seize the opportunities here and strengthen business ties.

Addressing over 200 participants from the ASEAN business community during an online dialogue, Chief Secretary for Administration Matthew Cheung presented Hong Kong's strong fundamentals and unique advantages under "one country, two systems." (HK-ASEAN-Business)

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JAKARTA -- Indonesia on Friday received another batch of COVID-19 vaccine doses from Chinese firm Sinopharm for use in a private vaccination program.

With the arrival of the vaccine, Indonesia now has about two million doses of vaccine used for the so-called "Gotong Royong" (mutual cooperation) private vaccination scheme. (Indonesia-China-Vaccines)

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KABUL -- As many as 111 Taliban militants have been killed during a spate of conflicts over the last 24 hours in conflict-battered Afghan provinces, the Ministry of Interior said in a statement on Friday.

"Following a series of government forces air-and-ground operations, 111 Taliban fighters have been killed and 79 others wounded in Wardak, Kandahar, Uruzgan, Zabul, Badghis, Faryab, Nimruz, Helmand, Takhar and Badakhshan provinces over the past 24 hours," the ministry said in the short statement. (Afghanistan-Taliban-Casualties)

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HONG KONG -- The COVID-19 pandemic continues to spread in Asia-Pacific countries as India reported 91,702 new cases on Friday and the Philippines' total cases topped 1.3 mln, meanwhile Thailand's new infections hit a 10-day low.

India's COVID-19 tally rose to 29,274,823, with 91,702 new cases recorded in the past 24 hours, said the federal health ministry. (Asia-Pacific-COVID-19)

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