Tag: domestic

ESG refers to the performance of an enterprise in terms of Environment, Social and Governance. It is an investment philosophy that focuses on the environmental, social and governance performance of an enterprise and a non-financial measure or standard for measuring the performance of an enterprise. With the continuous advancement of the global carbon neutrality process and China’s transition to a high-quality and sustainable economic development model, ESG has become an important factor in corporate value judgment and development planning. Recently, a domestic power battery company obtained upgraded ESG ratings from a number of domestic and foreign rating agencies, and the ... Read more

Foreign domestic helper jailed for breaching condition of stay **************************************************************      A foreign domestic helper was convicted of breaching her condition of stay by selling sports facilities bookings for monetary reward and was sentenced to two months’ imprisonment suspended for 24 months yesterday (March 13) at Shatin Magistrates’ Courts.      The Immigration Department (ImmD) received reports from the public earlier that a foreign domestic helper was suspected to have breached her condition of stay by selling sports facilities bookings to others for remuneration. ImmD investigators enquired and retrieved relevant records from the department concerned and successfully targeted the foreign domestic helper. Investigators found ... Read more

After a record-breaking coal production of 777 Million Ton (MT) in  2021-22, the domestic coal production continues to witness an increasing trend in the current financial year as well. The total domestic coal production in 2022-23, as on 31st May, 2022 is 137.85 MT, which is 28.6% more as compared to the production of 104.83 MT in the same period of last year. This trend is being maintained in June, 2022 also. The coal production by Coal India Ltd (CIL) is 28% more than the production in the same period of the previous year (as on16th June, ... Read more

Designation of Domestic Systemically Important Authorized Institutions ********************************************************************** The following is issued on behalf of the Hong Kong Monetary Authority:        The Hong Kong Monetary Authority (HKMA) has completed its annual assessment of the list of Domestic Systemically Important Authorized Institutions (D-SIBs). As with previous years, the assessment takes into account the size, interconnectedness, substitutability and complexity of authorised institutions. Based on the assessment results, the total number of D-SIBs has decreased from six to five. The Bank of East Asia, Limited is no longer identified as a D-SIB in this assessment considering its systemic importance relative to other institutions. ... Read more

While international prices of edible oils are soaring, the domestic market has reported a declining trend in prices with exception, informed Department of Food and Public Distribution (DFPD). Source – DoCA/SEAI     Though the international prices of edible oils have gone up in the range of 1.95% to 7.17% after the import duty reduction, the decreasing trend in domestic prices and net effect (ranges for 3.26% to 8.58% declined) after duty reduction is quite substantial. Necessary policy intervention by Central Government with reference to duty reduction is proving to be beneficial for the general consumers.   International Prices of ... Read more