LG International Corp., Korea's leading general trading company, is set to kick off the operation of a cement factory in Myanmar for which it has invested for two years. This is part of the company's strategy to preempt the rapidly growing Myanmar market by becoming the first general trading firm to build a cement plant in the Southeast Asian nation. According to industry sources on September 11, LG International is currently making a pilot run of the cement plant in the erstwhile reclusive c...

Central bank governors of three East Asian countries including China, Japan, and Korea will get together and discuss issues such as debt and macroeconomic soundness. But the issue of the Korea-China currency swap deal which will expire on October 10 won't be one of the official agendas in the meeting. Bank of Korea Governor Lee Ju-yeol, People's Bank of China Governor Zhou Xiaochuan, and Bank of Japan Governor Haruhiko Kuroda will meet in Incheon's Songdo for two days on September 13-14 in th...

The youth unemployment rate has hit a record-high level in August since the Asian financial crisis. As for the number of net job increase, it fell to a low of 54 months. Even though the government is doing everything it can to create jobs, jobs-related figures won't budge. According to a report "August 2017 Employment Trend" published by the National Statistical Office on September 13, the jobless ratio of those aged between 15 and 29 was 9.4 percent, up 0.1 percentage point from a year ago. ...

International oil prices have hit a record high in seven months as they went up over US$50 a barrel. The domestic oil refining sector raised its hopes of improving their profitability in the third quarter after suffering poor results for two consecutive quarters. The spot price for Dubai crude as compiled by the Korea National Oil Corp. was $53.64 a barrel on September 16, up by 7 cents from the previous day. This is the highest level since February this year when the figure was $54.39. ...

The approval rating of the Moon Jae-in government has hit a low of 67.1 percent largely due to North Korea nuclear issues. The rating has fallen for three consecutive weeks. As for the approval rating of the ruling Minjoo Party has declined for four weeks in a row to 49.3 percent. Pollster Realmeter said on September 18 that a survey commissioned by CBS-TV revealed that the ratio of those who thought positively about the way the current government has performed was 67.1 percent, down by 2.0 p...

Practice Statement No. 31: Implications for formal sale processes 1. Introduction On 7 July 2017, the UK Takeover Panel published Practice Statement No. 31, which sets out how the Panel Executive will apply certain aspects of Rules 2.4, 2.6, 21.2 an...

China’s securitisation has been developing rapidly. To date, China’s securitisation market is already the largest in Asia and second largest in the world. Our structured finance partner Kingsley Ong (who is also the Secretary-General of ...

Takeover Panel Public Consultation Paper (PCP) 2017/2: Statements of intention and related matters   1. Introduction On 19 September 2017, the Code Committee (the “Code Committee”) of the UK Takeover Panel (the “Panel”) ...

The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) is conducting further public consultation on the listing of companies from emerging and innovative sectors.  The consultation paper published on 23 February 2018 (the &l...

On 19 March 2018, a draft Agreement on the withdrawal of the UK from the EU was published. The Agreement’s objective is to set out the arrangements for the withdrawal of the UK from the EU. Amongst these arrangements are the transitional provi...

Background There have been two key documents published which clarify the impact that Brexit will have on the UK takeovers regime. The draft Takeovers (Amendment) (EU Exit) Regulations 2019 (Takeovers Regulations) essentially remove all refere...

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Employers, the leasing industry, professional advisers and many government departments including the DTI, were taken by surprise when withdrawal of the tax relief on computers supplied to employees was announced in the recent Budget. Numerous re...

December to April is bonus season. According to the latest annual report from the Office for National Statistics, bonuses for UK staff have reached a record £19 billion, a rise of £2.5 billion since last year. The forthcoming months will...

In a somewhat timely judgment, bearing in mind the May bank holidays, the Court of Session (the Scottish Court of Appeal) has clarified that it is not necessarily unlawful for an employer to not provide alternative leave days for part-time workers w...

Good and bad news Yesterday, Chancellor Alistair Darling announced some changes to the Enterprise Management Incentive (EMI) legislation, which will impact on those companies operating EMI and those proposing to do so. The good news Under the cu...

If you have not yet responded to the Eversheds survey as to the likely impact of the changes to agency worker rights upon your business and would like to do so by 13 June, please click here.   Main body The topics of equal rights for age...

Pension Ombudsman determinations are a snap shot of issues which can and do arise in relation to the LGPS. This speedbrief looks at two recent determinations relating to the construction of the LGPS Regulations and the effect of in...

A brawl broke out in the Armenian parliament on May 8. Edmon Marukian, chairman of the opposition Bright Armenia party, had just finished his speech when he was approached and slapped by Sasun Mikaelian, a member of the ruling My Step Alliance. Soon, dozens of lawmakers were fighting.

The Ukrainian government promised that all medical personnel would be tested for COVID-19 once every five days, but doctors have told RFE/RL that has not happened. Medics also said that there were shortages of protective gear and that government promises of increased pay have not been met.

Together with the German Marshall Fund and its Frontlines of Democracy Initiative, RFE/RL experts spoke about the amplified challenges now facing Putin and the Kremlin and the potential consequences for Russia’s future.

Georgia summoned its ambassador to Ukraine back to Tbilisi in a sign of its displeasure over Kyiv’s decision to name Mikheil Saakashvili to a government reform body. 

Armenian parliamentarians from opposing parties exchanged blows amid a disagreement over the government’s economic response to the coronavirus crisis. 

The top members of the U.S. House Foreign Affairs Committee say an increase in violence in Afghanistan has raised questions about the Taliban’s commitment to an agreement it signed with the United States in February.

Farmers in Afghanistan are growing poppies in government-controlled areas, insisting that there are no real economic alternatives to cultivating the flowers for the opium trade. It's estimated that Afghanistan's poppy fields are the source for much of the world's illegal heroin supply.

Police have released the name of the man who died following a crash on State Highway 51, Napier, on Thursday.He was David Allan Trousdell, 37, of Napier.It's understood Mr Trousdell's car collided with a truck at Te Awa. The crash...

A man involved in a $2.5 million meth bust in Hawke's Bay has had his three and a half year prison sentence dropped to 12 months of home detention.Uriah Whetu Monty Wirihana received a prison sentence of three years and seven months...

More revelations have been uncovered from the Government's coronavirus document dump, while new cases remain low as Cabinet prepares to decide when to move to alert level 2. Get all the important news and read the full stories in...

Alger -Deux bombes de confection artisanale ont �t�...

Auteur d'une excellente saison avec le RB Leipzig, Dayot Upamecano est tr�s convoit� sur le march�. ......

Alger -Le ministre des Travaux publics et des...

En Centrafrique, la Cour p�nale sp�ciale a annonc� le 8 mai se saisir du dossier concernant les crimes commis dans la ville de Nd�l� dans le nord du pays. ......

La nouvelle sur la recrudescence des cas de contamination de Covid-19 a mis l'opinion en �moi et elle a m�me provoqu� des remous au plus haut sommet de l'Etat. ......

Police are investigating a house robbery in which a couple in Amanzimtoti, on the south coast of KwaZulu-Natal, believed to be in their 50s was stabbed. ......

Member States (53) reporting COVID-19 cases (57,746) deaths (2,151), and recoveries (19,351) by region: Central (5,165 cases; 202 deaths; 1,580 recoveries): Burundi (19; 1; 7), Cameroon (2,265; 108; 1,221), Central African Republic (143; 0; 12), Chad (260; 27; 50), Congo (274; 10;...

The legendary Bafana Bafana striker has backed the Amakhosi midfielder, who is facing stiff competition in midfield ......

Johannesburg - The Gauteng Department of Health announced on Saturday that total number of confirmed Covid-19 cases in the province as at May 8 sits at 1851, with 1247 recoveries and 18 deaths. In a statement it said that out of a total of 9403 contacts traced (these are individuals who were in contact with people who tested positive for the coronavirus); 6885 people have completed the 14-days monitoring period with no symptoms reported and therefore they are de-isolated. A total number of 60 people are currently hospitalised in public and private facilities. Breakdown per sub-district City of...

(MENAFN - EIN Presswire) Coronavirus - Africa: Commemorating Smallpox Eradication � a legacy of hope, for COVID-19 and other�diseases [To enable links... ......