BEIJING, Sept. 27, 2023 /PRNewswire/ CKGSB Investor Sentiment Index's Q3 report records continued pessimism among Chinese investors towards the real estate market. It also finds investors' expectations for China's A-shares to be slightly lower than the previous quarter, but much higher than last October. Interestingly, the index in Q3 didn't find a significant drop in respondents' expectations for the stock market, which largely results from their confidence in the market evaluations and in China's growth potential. About 88.8% investors surveyed believe A-shares are reasonably valued or even undervalued. 70% of the respondents believe that A-shares will rise (63.2% and 85.3% for individual investors and institutional investors respectively). While respondents are cautious about China's economic outlook, their sentiment overall remains stable. About 58.5% of investors (0.9% fewer than Q2) believed that China's GDP in 2023 can grow by more than 5%. Inve
BRAVING THE FIRE. Firefighters try to stop the blaze from spreadingin Purok 8-A, Barangay 21-C, Davao City on Saturday afternoon (Feb. 25, 2023). An estimated PHP9 million worth of properties were damaged, including 1,200 houses.(PNA photo by Robinson Ninal Jr.) DAVAO CITY - The Bureau of Fire Protection (BFP) Sunday said the Saturday fire that razed a residential area here destroyed an estimated PHP9 million worth of property. The fire broke out at 1:05 pm in Purok 8-A, Barangay 21-C. In an interview, Davao City Fire District spokesperson Senior Fire Officer 4 Ramil Gillado said at least 1,200 houses were destroyed and that they were still investigating its cause. "We are assessing the reports that there were children who were burning some wires in the area to get the bronze in it and will eventually sell them. We are still verifying and conducting an investigation," he told the Philippine News Agency. No casualties were recorded. The city government here has already set up
ASSISTANCE. Governor Daniel Fernando distributes family food packs and non-food items to typhoon victims in Obando town, Bulacan on Monday (Sept. 26, 2022). A total of 1,517 families in the province were displaced by Super Typhoon Karding. (Photo courtesy of Bulacan Public Affairs Office) CITY OF MALOLOS, Bulacan - Governor Daniel R. Fernando said Monday the families of the five rescuers who died in the line of duty in San Miguel town will receive all the benefits due them. He expressed grief over the deaths and lauded the heroic efforts of the five victims who were swept away by raging floodwater while conducting rescue operations during the onslaught of Super Typhoon Karding. "Kulang ang mga salita upang ipahayag ang aking kalungkutan sa naganap na trahedya sa ating mga kasamang rescuers ng Provincial Disaster Risk Reduction and Management Office. Sa ngalan ng lalawigan ng Bulacan, ako ay taos-pusong nagpapasalamat at ikinararangal ang kanilang ipinamalas na kabayanihan at matap
OneCosmo is the result of the joint product offerings of a partnership between OneConnect and Pismo Next-generation technology implemented in OneCosmo allows financial institutions to build a wide range of digital banking capabilities, while allowing for easy scalability and customisation SINGAPORE, July 22, 2022 /PRNewswire/ OneConnect Financial Technology Co., Ltd (OneConnect, NYSE: OCFT, HKEX: 6638), the leading technology-as-a-service provider and an associate of Ping An Group, today announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS) firms. The launch of OneCosmo is the result of the joint product offerings of OneConnect and Pismo, having embarked on a strategic partnership earlier in April 2022. Leveraging next-generation technology such as artificial intelligence (AI), machine learning (ML), blockchain, and SaaS,
The Government of Canada invests more than $1.8 million in four projects to support business growth in Sydney, including $1,476,900 from ACOA and $393,000 from NRC.