Business news

On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

A.P. High Court orders reinstatement of Ramesh Kumar as State Election CommissionerMr. Ramesh Kumar's decision to postpone elections to urban and rural local bodies just a few days before polling on the ground that coronavirus pandemic would flare up if the elections were held as per schedule. This prompted YSR Congress leaders and Chief Minister Y.S. Jagan Mohan Reddy himself to attribute motives to the step taken by Mr. Ramesh Kumar, who approached the High Court seeking justice after he was removed through an ordinance. … [Read more...] about Top news of the day: India’s coronavirus death toll overtakes China’s; those with serious ailments, pregnant women told to avoid Shramik Specials, and more

Nitra-based Agrokomplex National Exhibition Centre is the very first state-run company to ask for protection from bankruptcy. It is struggling due to exhibitions that had to be cancelled due to the coronavirus crisis, and the problems of its former head. U.S. Steel Košice will continue with shortened working hours in June and July. Employees who are forced to stay home will receive wage compensation of 80 percent of their salary. Companies Strabag and Eurovia won the second biggest tender in the history of railways. They are expected to build the railway junction in Žilina for €323 million. The failed bidders can still appeal the decision, so the date for starting the construction is unclear. (Denník N) Sports news The Slovak Football Association did not grant a licence for UEFA and Fortuna League competitions for 2020/2021 season to FC Nitra and MŠK Žilina football clubs, explaining they failed to meet the minimal financial conditions. They have until … [Read more...] about E-quarantine now possible via Apple phones (news digest)

Minister of Planning and Investment Nguyen Chi Dung at the April Government meeting held on May 5 presented a report on the draft resolution on implementing solutions to ease difficulties for production and business, accelerate disbursement of public investment and ensure social security in the context of Covid-19. … [Read more...] about Public investment to offer benefits to many local businesses

'Peter we’ve talked to family, we’ve talked to your friends and roommates all of them have said the same thing; that this behavior out of ordinary for you. We know that this is not who you are,' Lt John Aiello, Commanding Officer of Eastern District HQ said on Tuesday.  … [Read more...] about BREAKING NEWS: UConn student who ‘killed two men and kidnapped a woman’ is arrested in Maryland after five-day manhunt