Bloomberg Hong Kong Financial Secretary Paul Chan warned the city could be hit by its worst economic slump on record even as authorities prepare to ease some lockdown measures amid signs the coronavirus outbreak has been contained. Reiterating a forecast for a contraction of 4% to 7% this year, Chan said in a blog post on Sunday that the low-end ...

Bloomberg Thai property developer Sansiri Pcl is placing sales ahead of profitability as it looks to generate cashflow to survive the coronavirus pandemic. The Bangkok-based group, which builds high-end condominiums in cities around the Southeast Asian nation, is offering aggressive discounts and other promotional campaigns in an attempt to lure buyers. It expects to revise its annual sales target after ...

Bloomberg Singapore’s government outlined a plan to expand healthcare facilities for foreign workers as coronavirus cases in the city-state jumped, reversing a downward trend. The Ministry of Health confirmed an additional 932 cases, the vast majority of whom are work permit holders residing in foreign worker dormitories. Five are Singaporeans or permanent residents. That brings total confirmed cases to almost ...