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DUBAI/RIYADH (Reuters) - A popular Saudi talk show host told private businesses this week it was their national duty to lay off foreign rather than local employees, warning that the dominance of Saudi Arabia's workforce by expatriates was a "real danger".
BANGKOK: Thailand remains open to foreign visitors despite a Covid-19 (coronavirus) pandemic while all colleges and universities are being closed on temporary basis, said Prime Minister Prayut Chan-O-Cha said on Tuesday.
BEIJING: China’s troubled Baoshang Bank will be taken over by local governments and a group of state firms, a central bank official with direct knowledge of the matter said, as Beijing looks to shore up some of the country’s weakest lenders
LONDON (Reuters) - Angolan billionaire and former first daughter Isabel Dos Santos decried a New Year's Eve court order to freeze her vast assets as a "witch hunt" engineered to weaken her father's influence and distract from economic failures.
SINGAPORE: China will for the first time allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants as Beijing looks to boost domestic energy supplies.
SINGAPORE (Reuters): China has called on its biggest state firms to take a more active role in Hong Kong, including stepping up investment and asserting more control of companies in the financial hub, executives familiar with the matter said, as Beijing attempts to calm months of unrest in the city.
BEIJING: China’s policy makers will unveil a three-year action plan in early 2020 on the reform of state enterprises (SOEs), with an aim to improve the performance of the sector and create world class champions, according to state-owned newspapers.
BEIJING: China’s policy makers will unveil a three-year action plan in early 2020 on the reform of state enterprises, with an aim to improve the performance of the sector and create world-class champions, according to state-owned newspapers.
BEIJING (AFP): Chinese Premier Li Keqiang signalled plans to free up more cash for the country's banking system in a bid to boost lending to small businesses as leaders look to kickstart the world's number two economy.
WARSAW (Reuters) - Thirty years ago, Leszek Balcerowicz unleashed the "shock therapy" that put Poland on the path to rapid economic growth after decades of communist rule.