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Experts: China's 2021 goals for job creation, inflation show country ready for post-epidemic development
China is planning to create 11 million jobs in 2021, the 2021 Government Work Report said on Friday, which analysts said suggests that the country's job policy will steer toward the post-pandemic era as the Covid-19 situation in the world's second-largest economy is gradually brought under control.
Premier Li Keqiang delivered a government work report at the opening of this year's session of the 13th National People's Congress in Beijing on Friday. Here are some highlights.
BEIJING, March 5 (People's Daily): Seventeen targets set in the Report on the Work of the Government 2020 were all met by the end of 2020, with many even exceeded, gov.cn said on March 2.
KUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending.
KUALA LUMPUR: Khazanah Nasional Bhd, which saw its profit from operations fall to RM2.9bil in 2020, declared a dividend of RM2bil for the Government.
BEIJING (Global Times): As thousands of China's top legislators and political advisors prepare to convene in Beijing later this week for the annual two sessions, they are tasked to review and discuss various policy priorities and sweeping development plans designed to further lift the country to new milestones in the next 15 years: a modern socialist power with world-leading national strength and global influence.
FOCUS will be on Bank Negara’s monetary policy decision. Bank Negara’s Monetary Policy Committee (MPC) is scheduled to meet on Thursday to review the overnight policy rate (OPR).It has maintained the OPR unchanged at 1.75% on Jan 20.
Group posts higher revenue of RM318.6mil for the quarter ended Dec 31,2020
Global Forex MarketTHE dollar closed the week softer, down 0.25% to 90.13 but managed to recover some of its early week losses following Fed chair Powell’s upbeat speech during his two-day Congressional testimony as well as a slew of strong data release, which triggered a selling wave in the US Treasury market.
KUMPULAN Perangsang Selangor Berhad (KPS) reported RM1.1bil revenue for its fiscal 2020, setting a new financial milestone by surpassing the RM1bil revenue mark for the Group’s performance.