Competitive zodiac signs

HK's COVID-battered economy may see light at the end of the tunnel this year, but revised strategies are needed to reboot the local economy for long-term sustainable growth. Oswald Chan reports from Hong Kong. Decimated by the triple whammy of lingering trade frictions between the world's two largest economies, the COVID-19 pandemic and a deglobalization trend, Hong Kong's economy shrank a record 6.1 percent in 2020. Economic experts aren't forecasting a quick turnaround. US-based credit rating agency Moody's Investors Service warned in its sovereign rating report in January that even though Hong Kong's economic situation may turn a corner this year, the level of recovery may not revert to that of 2019 due to sustained pandemic-related constraints. OCBC Wing Hang Bank economist Carie Li Ruofan expects the special administrative region's economy to grow just 3 to 5 percent in 2021, as the positive factors of a resilient financial market, trade activities, and the mass COVID-19 ... » Learn More about Turning a difficult corner in Hong Kong economy

With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its chairman and managing director Suresh Narayanan said on Friday. To support the move, Nestle is also planning a communication thrust for messaging and advertising, which will be more rural centric. Besides, Nestle -- which is expecting a rebound in urban markets -- is also evaluating Direct-to-Consumer (D2C) channels to reach its customers at their doorsteps. "The target is to reach 1,20,000 villages. That is all villages, with more than a 5,000 population is really the kind of reach that you would like to establish in the next two to three years," Narayanan said while addressing a virtual media roundtable. This will be done, not only through distribution expansion but relevant parts of the portfolio will be tweaked, he added. ... » Learn More about Nestle eyes rural markets, to reach 1.2 lakh villages in next 2-3 years with relevant portfolio

Email ABC Western Sydney By data journalist Catherine Hanrahan Updated February 28, 2021 05:55:57 Photo: Pete Srzich and Silvana Di-iorio both own properties near the Western Sydney Aerotropolis. (ABC News) Map: Badgerys Creek 2555 Land values around Australia's new international airport have taken off — but it's corporations, not residents, cashing in. A few strands of wire is all that separates Peter Srzich from millions of dollars. His 2 hectare property has a house, some sheds and a few pigs and goats. It is directly opposite the $5.3 billion Western Sydney airport, due to open at Badgerys Creek in 2026. Next door is the Leppington Pastoral Company — one of Australia's largest dairy farms, situated on a 519ha property owned by brothers Ron and Tony Perich. Photo: A satellite image of Badgerys Creek and its surrounds. That simple wire fence divides two worlds. The Leppington Pastoral Company will be redeveloped as ... » Learn More about Western Sydney Aerotropolis land values are soaring, but not everyone is able to cash in