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Posted on January 1, 2021

In Duterte’s budget for Philippines, critics see skewed priorities and a Covid-19 shortfall

The lion’s share of the US$93.7 billion budget is going to ministries and infrastructure projects, with only 4 per cent targeted to fight Covid-19.

( read original story …)



Posted on January 1, 2021

Macau’s merchandise export down by 15.7 pct in November

The total merchandise export from Macau amounted to 957 million patacas (about 119.8 million U.S. dollars) in November, down by 15.7 percent year on year, the special administrative region’s (SAR) …

( read original story …)



Posted on January 1, 2021

Macau casinos end worst year on record as gaming revenue sinks 79 per cent, outlook remains bleak

Even though gaming revenue fell 79 per cent year on year to 60.4 billion patacas in 2020, Sanford C. Bernstein sees revenue returning to about 80 per cent of 2019 levels.

( read original story …)



Posted on January 1, 2021

Henry uses experience as Chef to open own cafe

Henry Betah, a Bidayuh Biperoh man from Kampung Giam, Jalan Puncak Borneo near here, has been travelling the world to gain experience, exposure, and knowledge as a chef since he was 29 years old.

( read original story …)



Posted on January 1, 2021

Business News: January 2021

(Page 1) LG Chem to run Wuxi cathode-materials plant on 100% renewable power; Arkema starts up expanded fluoropolymer capacity in China; Aramco and Baker Hughes form JV focused on non-metallic …

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Posted on January 1, 2021

Jared Kushner’s company to raise $100 million in Israel bonds

Jared Kushner’s family real estate business wants to raise at least $100 million in capital through Israel’s bond market, according to papers filed near the end of his tenure as President Donald Trump …

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Posted on January 1, 2021

Azerbaijan starts gas exports to European market

Azerbaijan has started commercial natural gas supplies to Europe via the Trans Adriatic Pipeline (TAP), the energy ministry said on Thursday, beginning its push into the lucrative energy market …

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Posted on January 1, 2021

‘China paid bounty to kill American troops in Afghanistan’

Donald Trump is planning to declassify uncorroborated intelligence that China sought to pay militants to kill US troops in Afghanistan, according to several US media reports.

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Posted on January 1, 2021

Vietnam’s bright economic outlook in 2021

Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.

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Posted on January 1, 2021

Boosting Malaysia-China investments and trade

Malaysia can further streamline its foreign investment policy to boost business networks and alliances between its companies and China firms and state-owned enterprises.

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