SYDNEY -- The global law firm BakerMcKenzie has addressed the question of compulsory vaccination against COVID-19 in a special report authored by Michael Michalandos, the firm's Head of Employment and Compensation Group, Asia-Pacific. The report covers 11 countries across Asia-Pacific - Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.
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SINGAPORE -- With substantial vaccination coverage attained in most economies, ANZ Bank economists foresee a less-interrupted recovery in 2022, with the ASEAN region gaining the most.
HONG KONG - Ratings agency Standard and Poor's has downgraded Hong Kong major Li & Fung, saying its planned sale of LF Logistics is negative to the business strength of the global supply chain manager. The logistics arm of Li & Fung was likely to account for 50%-60% of full year EBITDA in 2022, S&P said.
SHANGHAI - China's decision to reduce itsloan prime rate (LPR) has reinforced the ANZ Bank view that Chinese authorities are increasingly open to cutting interest rates amid looming economic headwinds.