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Business

Samsung starts work on R&D centre in Vietnam

HANOI: Samsung Electronics has started building a US$220mil research and development centre in Vietnam, the South Korean tech giant’s local unit said.

Business

Virus drives China PMIs to record lows, hurting Asia

Singapore: Asia’s factories took a tumble in February under the weight of the rapidly spreading coronavirus outbreak, with a severe plunge in activity in China driving down output across the region.