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Hong Kong to give big cash handouts as economy reels from virus

by AIP Online Bureau | Feb 26, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

The Hong Kong government on February 26 said it will give HK$10,000 ($1,280) handout to seven million permanent residents in a bid to jump-start a recession-hit economy now compounded by the coronavirus (COVID-19) outbreak.   Financial Secretary Paul Chan...

Proposed IPO of LIC to benefit insurance industry: Fitch

by AIP Online Bureau | Feb 26, 2020 | Eco/Invest/Demography, Indian News, Life

New Delhi: The proposed initial share sale of LIC will improve the accountability and transparency of the country's largest insurer and benefit the insurance industry, Fitch Ratings said on Wednesday. The benefits may trickle down to the entire domestic insurance...

PFRDA likely to add 10-12 new subscribers by fiscal-end: new Chairman

by AIP Online Bureau | Feb 26, 2020 | Eco/Invest/Demography, Indian News, Pension & Social Security

New Delhi: Pension Fund Regulatory and Development Authority of India is expected to add around 10-12 lakh new subscribers to its two pension schemes in the current fiscal ending March, newly-appointed Chairman Supratim Bandhopadhyay said on Wednesday. By March-end,...

How deadly is new coronavirus? It maybe too early to tell

by AIP Online Bureau | Feb 26, 2020 | Eco/Invest/Demography, Facts, Health

  Washington: Scientists can’t tell yet how deadly the new virus that’s spreading around the globe really is — and deepening the mystery, the fatality rate differs even within China.   As infections of the virus that causes COVID-19 surge...

Coronavirus pandemic inevitable, U.S. warns as disease spreads across globe

by AIP Online Bureau | Feb 26, 2020 | Uncategorized

SHANGHAI/SEOUL: Asia reported hundreds of new coronavirus cases on Wednesday, including the first U.S. soldier to be infected, as the United States warned of an inevitable pandemic, and outbreaks in Italy and Iran spread to more countries.World stocks tumbled for the...
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