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China plans to further open up its economy

SINGAPORE: Chinese Premier Li Keqiang said Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions.

Li Keqiang

Thai tycoon’s global consortium to bid for rail job

BANGKOK: Billionaire Dhanin Chearavanont’s (pic) Charoen Pokphand Group is teaming up with companies from Asia and Europe to bid for a 225 billion-baht (US$6.8bil) high-speed rail link connecting three international airports in Thailand.

In OPEC heartland, billions are spent to boost oil capacity

DUBAI: OPEC members may be weighing oil production cuts again, worried that a slowing global economy will undermine prices, but in the group’s Middle East heartland producers are spending billions to add output capacity for the long term.

Fitch: Malaysia's Budget has limited impact on rated corporations

SINGAPORE: The proposals in Malaysia's 2019 Budget are likely to have only a limited impact to Fitch Ratings' rated Malaysian issuers, Petroliam Nasional Bhd (Petronas) (A-/ Stable), Genting Bhd (A-/Stable), and Sime Darby Plantation Bhd (BBB+/Stable).

Third national car blueprint to be presented to PM in two weeks

KUALA LUMPUR: The blueprint to drive the third national car project will be presented to the Prime Minister Tun Dr Mahathir Mohamad in two weeks and then submitted to the Cabinet for approval, says Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof.

Entrepreneur Development Minister Datuk   Seri Mohd Redzuan Md Yusof: "The blueprint to drive the third national car project will be presented to the Prime Minister Tun Dr Mahathir Mohamad in two weeks."

China expected to expand budget deficit amid trade war risks

BEIJING: China’s policy makers are expected to increase the budget deficit in the coming year, as a slowing economy and the downdraft from the trade war with the U.S. raise the need for a more active fiscal policy.

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