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Posted on October 27, 2020

Laos reopens local border gates to facilitate business

The Lao Government is temporarily reopening some local and customary border crossings in a bid to revive the economy and minimise the impacts of the COVID-19 pandemic, the English-language newspaper …

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Posted on October 27, 2020

Billionaire Adelson’s Las Vegas Sands mulls US$6 billion sale of US casinos to focus on Macau, Singapore markets

Las Vegas Sands is exploring the sale of its casinos in Las Vegas, a move that would mark billionaire Adelson’s exit from the US gambling industry.

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Posted on October 27, 2020

Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says

Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro …

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Posted on October 27, 2020

Hong Kong bids farewell to its once-mighty Dragon airline

Other big names in Hong Kong business circles, such as Li Ka-shing and Henry Fok, joined in. According to Pao’s daughter, Anna Pao Sohmen, people around her father were against the idea of backing …

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Posted on October 27, 2020

U.S. Arms for Taiwan Anger Beijing

The U.S. State Department signaled approval for a potential $2.4 billion sale of anti-ship missiles to Taiwan. The move comes just after China warned it will sanction leading American aerospace …

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Posted on October 27, 2020

China says it will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales

Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan.

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Posted on October 27, 2020

Central Bank of Bahrain Launches FinHub 973, a Virtual Fintech Platform for the MENA Region

Bahrain has established a new Fintech hub, called FinHub 973, in order to promote financial inclusion and support the local economy.

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Posted on October 27, 2020

China’s five-year plan to place ‘significant de-emphasis’ on growth target: Think tank

Paulson Institute’s Damien Ma discusses China’s 14th five-year plan, including its dual circulation strategy and shift in focus toward quality of life and jobs.

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Posted on October 27, 2020

Dubai free economic zone open for international business without initial investment

The Dubai Multi-Commodities Centre (DMCC), a free economic zone, has rolled out an offer to international companies to set up a representative office in the emirate in five working days for a free …

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Posted on October 27, 2020

‘Very curious’ that Malaysia’s prime minister did not get explicit mention of support: Think tank

It is conceivable that Malaysia’s largest political party UMNO may be aiming … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and …

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