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Business 16 Apr 2021 | 7:00 AM

Philippines lifts nine-year-old ban on new mines

MANILA: Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to fresh mining investments as he seeks to boost state revenues to fund infrastructure projects and other initiatives.

Business 16 Apr 2021 | 7:00 AM

China takes further steps to streamline administration, improve business environment

BEIJING: China on Thursday released a guideline on advancing reforms to streamline administration and delegate power amid efforts to improve the business environment and push high-quality development.