Bangladesh - Tropical Storm Mahasen struck southern districts on 16 May. The Joint Needs Assessment (JNA) is ongoing and preliminary findings are due to be presented tomorrow (21 May). 17 people have reportedly lost their lives, JNA results will provide a better understand of the impact of the cyclone on shelter and livelihoods.
Source: PDC, OCHA Flash Update No. 7
Myanmar - 120,000 people, mainly IDPs, were relocated in expectation of Tropical Storm Mahasen. Assessments have been conducted in affected areas and the humanitarian community is responding to the identified needs.
Source: OCHA Flash Update No. 7
Sri Lanka - Heavy rain and flooding caused by Tropical Storm Mahasen has killed eight, most in Central Province, and affected nearly 12,000. 150 houses were destroyed. Central and Sabaragamuw...
China: Habitat for Humanity China to rebuild homes in quake-hit Qionglai city in Sichuan
Source: Habitat for Humanity International
Bangkok, 20th May 2013 – Habitat for Humanity China, part of international non-government housing organization Habitat for Humanity, today announced that it will support families in Qionglai city affected by the recent Sichuan earthquake. It will help them rebuild homes in Maping village in Tiantaishan town and Jingkou village in Gaohe town, as part of its ‘Sichuan Post-Earthquake Rebuilding Projects’.
“Our thoughts and prayers are with families who lost their homes and family members. Many of those affected are low-income farmers in urgent need of safe, permanent shelter, and without the means to rebuild on their own. Habitat will start its rebuilding operations as soon as possible so families can fulfill their dreams of a decent place to live”, said Kester Yim, Managing Director of Habitat for Humanity China.
Both Tiantaishan and Gaohe towns are located only five kilometers from the epicenter of the 7.0-magnitude earthqu...
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Inside China's Economy: Airlines Profitable Thanks to Exchange Gains; Property ...The China PerspectiveProfits reaped by Chinese airline companies fell 30% year on year to ¥1.4 billion ($227.92 million, $1 = ¥6.14) in April as an economic slowdown and a new strain of bird flu trimmed demand for air travel and hence air fares, the Civil Aviation Administration of ...and more »
Surveying the dollar's new strings - Business Spectator
Surveying the dollar's new stringsBusiness SpectatorSurveying the dollar's new strings. The key influences that broke the dollar's historic correlation with commodity prices are appearing to weaken, with the US and China set to determine a new level for the currency. ... Download the December CEO Pulse survey. CEOs outline changing views on corporate spending and profits, their economic expectations and political dissatisfaction, including advice for Julia Gillard and Tony Abbott.and more »
China, India Capable Of Creating New Engine Of World Economy: Chinese Premier
NEW DELHI, May 20 (Bernama) -- China and India are able and willing to foster new highlights in cooperation among Asian countries and create a new engine of the world economy, Xinhua news agency quoted Chinese Premier Li Keqiang as saying.
China, India to make new engine of world economy: Chinese premier
China and India are both willing and able to foster new highlights in cooperation among Asian countries and make new engine of the world economy, Chinese Premier Li Keqiang said on Sunday.
Craig Stephen's This Week in China: China ‘hard-landing’ trades revisited
Even if China’s economy isn’t going through a so-called ‘hard landing’ just yet, Craig Stephen says that some of the trades which would benefit from a Chinese crash are doing well.
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