ABU DHABI / WAM The Sheikh Mohamed bin Zayed Community Programmes operated by NYU Abu Dhabi (NYUAD) and the Stevens Initiative launched a virtual exchange programme connecting youth from the UAE and the US. The programme, funded by Stevens Initiative, will virtually connect students from the Sheikh Mohamed bin Zayed Scholars Programme (SMSP) at NYUAD with their peers who are ...
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UAE’s Ministry of Economy cuts fees for 94 of its services
ABU DHABI / WAM The UAE Ministry of Economy announced on Sunday the reduction of fees associated to 94 services provided to individuals, companies, and the business sector. The announcement follows the issuance of UAE Cabinet Resolution No. 20 of 2020 regarding services fees issued by the ministry. According to a statement issued by the Ministry of Economy, fee reductions ...
Read More »ADSG signs digital learning agreement with Haykal Media
ABU DHABI / WAM The Abu Dhabi School of Government (ADSG) signed a Memorandum of Understanding (MoU) with Haykal Media to contribute 10,000 licences to the Harvard Business Review’s Arabia platform for Abu Dhabi Government employees, reinforcing the ADSG’s active role in digital learning, as part of Abu Dhabi’s ongoing digital transformation. The licences will provide Abu Dhabi’s government employees ...
Read More »Virus derails Myanmar’s move to open stock market to foreigners
Bloomberg The novel coronavirus outbreak has derailed Myanmar’s move to open its stock market to foreign investors. Only two of the country’s five listed securities have attracted international traders since rules were relaxed on March 20, leaving their foreign-shareholding ratios at minimal levels. Officials had hoped to attract funds from both expatriates and non-resident foreigners. “After two trading days when ...
Read More »Anti-virus curbs must continue: Australia
Bloomberg Australians have done a good job in adjusting to government restrictions and social-distancing measures but it isn’t the right time to begin easing some of those rules, Chief Medical Officer Brendan Murphy said. “It’s really important that we look at what’s happened around the world, where people have released restrictions and had to reimpose them,†Murphy told reporters. Australia ...
Read More »Philippines tycoon urges restart as 1 million jobs cut
Bloomberg The Philippines should gradually reopen the economy and allow businesses to operate at 50% capacity to save jobs, according to Teresita Sy-Coson who helps run an empire ranging from banking to retail under SM Investments Corp. More than 1 million workers were affected by temporary closures, prompting 98% of almost 42,000 establishments to seek assistance for their employees, the ...
Read More »Tokyo reports 166 new cases of Covid-19
Bloomberg Tokyo reported an additional 166 coronavirus cases on Sunday, bringing the total in the city to 2,068. Governor Yuriko Koike released the daily increase in an online briefing. New infections eased from a single-day record gain of 197 marked the previous day. Japan’s Economy Minister Yasutoshi Nishimura urged residents to further limit contact with other people and warned it ...
Read More »Singapore gets stricter on law enforcement for virus spread
Bloomberg Singapore will start imposing fines on first-timers who flout social-distancing rules, while those who aren’t wearing masks may be barred from entering some premises which provide essential services, as the spread of coronavirus in the city-state showed few signs of abating. The government has closed beaches, and some areas of parks and nature reserves, saying “tougher measures†are necessary ...
Read More »Covid-19: India may colour-code zones on lockdown extension
Bloomberg India’s government is likely to divide the country into three zones — red, orange and green — during the proposed extended period of lockdown and might permit a few services to function in safe zones, the Economic Times reported, citing people it didn’t identify. No activity will be allowed in the red zones where sizable number of cases were ...
Read More »Canada approves wage bill to stem wave of job losses
Bloomberg Canadian lawmakers approved a bill to subsidise wages by 75% in a bid to stabilize the economy as Prime Minister Justin Trudeau called the coronavirus his generation’s greatest challenge yet. The flagship C$73 billion ($52 billion) program — more than one-quarter of the government’s emergency fiscal plan to date — was passed in an emergency sitting of the House ...
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