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Posted on June 18, 2020

ADB revises Philippine DGP growth forecast to shrink 3.8 pct in 2020

The forecast for 2021 is maintained at 6.5 percent, supported by public infrastructure spending and anticipated recovery in consumer and business confidence, adds the report. The Philippines …

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Posted on June 18, 2020

Bangladesh to see 7.5pc growth in FY2021: ADB

Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) has said in a report of Asian Development Outlook (ADO) 2020 Supplement.

( read original story …)



Posted on June 18, 2020

Experts see environmental, social fallout in Indonesia’s infrastructure boom

saying it would have a pro-business tendency. He said the government was already “not very transparent” about plantation information — most land conflicts in Indonesia center on overlapping land …

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Posted on June 18, 2020

HSBC: Hong Kong Exposure Is A Long-Term Liability

It’s dependent on it. The city provides a third of revenue and over half of profits. The bank is so linked to Hong Kon …

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Posted on June 18, 2020

Mao’s ‘Magic Weapon’ Casts a Dark Spell on Hong Kong

Days earlier, a former Hong Kong chief executive and a vice chairman of the Chinese government’s political advisory body had castigated the bank for not issuing a statement back …

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Posted on June 18, 2020

Qatar outlines efforts to mitigate impact of Covid-19 on workers

The Ministry of Administrative Development, Labour and Social Affairs (MADLSA) participated yesterday in a seminar via videoconference, organised by the presidents and members of European business …

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Posted on June 18, 2020

Malaysia Stock Market May Be Stuck In Neutral On Thursday

The Malaysia stock market has moved higher in two straight sessions, advancing more than 25 points or 1.6 percent along the way. The …

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Posted on June 18, 2020

Amazon Launches Saudi Arabia Shopping Site Despite CEO’s Dispute With Kingdom

Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company’s chief executive, …

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Posted on June 18, 2020

Saudi Arabia Pharmaceutical Market Outlook to 2028 – Rising Preference for Branded Drugs Among Key Stakeholders to Provide Lucrative Growth Aspects

Research Nester published a report titled “Saudi Arabia Pharmaceutical Market: Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the Saudi Arabia pharmaceutical market in …

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Posted on June 18, 2020

New Taxes Are a Double-Edged Sword as Frugal Philippines Eyes Stimulus

The Philippines is weighing a bevy of new taxes to fund anti-virus economic stimulus — with the risk that these levies could slow activity even further.

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