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BEIJING/WASHINGTON, June 27 (The China Daily/ANN): The global economy is projected to experience a deeper recession amid rising uncertainties, such as the recent trade tension between the United States and the European Union, while China's rebound is expected to be strong thanks to the country's supportive policies, economists said.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain weak next week on lack of catalysts, as production for August is expected to be higher, said a dealer.
KUALA TERENGGANU: The Farmers Organisation Authority (FOA) plans to sell local stingless bee honey or meliponines and its products to the Middle East market.
KUCHING: Sarawak’s economy needs to grow by 8% annually in order to become a high-income and advanced state by 2030, says Datuk Patinggi Abang Johari Tun Openg.
THE country’s Prime Minister warned that the virus pandemic has swept away years of economic gains as South-East Asian leaders met online for a summit.
KUALA LUMPUR: APM Automotive Holdings Bhd said a unit in Indonesia has entered into a joint venture deal with Hyundai Motor Company to produce automobile seats and related components.
SINGAPORE (The Straits Times/ANN): Singapore's manufacturing output shrank last month, reversing two straight months of expansion, as the pace of growth in the volatile biomedical cluster fell sharply.