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Emirates Post implements contactless deliveries amid Covid-19 developments

DUBAI / WAM Emirates Post has started implementing ‘contactless deliveries’ as part of stringent measures to protect the wellbeing of its customers and staff amid coronavirus, Covid-19, concerns. To limit contact, delivery drivers will now place all items outside the intended recipient’s door, the official postal operator said, adding that from a safe distance, couriers will ask recipients to confirm ...

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Gojek raises $1.2b for clash with Grab

Bloomberg Southeast Asian ride-hailing giant Gojek has raised $1.2 billion for expansion, defying tech-sector turbulence and the coronavirus pandemic to secure funds to take on Grab Holdings Inc. The new financing was finalized just over the past week, when the Covid-19 outbreak quickened its spread and triggered market routs across the globe. That took the total raised in its current ...

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Hong Kong loses ‘freest economy’ title to S’pore

Bloomberg Hong Kong lost its title as the world’s freest economy to Singapore for the first time since 1995 in a global survey, as social unrest and uncertainties rattled its reputation as a global financial hub. Hong Kong’s overall economic freedom score fell primarily due to a decline in its marks for investment freedom, according to the 2020 Index of ...

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