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Group banks on Budget 2021 development expenditure, rising steel prices and new plant
ISTANBUL (Reuters) - Saudi Arabia formally suspended imports of meat, eggs and other products from Turkey earlier this month, the Turkish exporters' union said, after a months-long informal boycott of Turkish goods over political tensions between the two regional rivals.
SINGAPORE (The Straits Times/ANN): Say you are a company producing mutton curry in Singapore. With the newly-signed Regional Comprehensive Economic Partnership (RCEP) trade pact, you can buy ingredients such as mutton and curry paste from 14 other countries and still have the final can or packet dish count as being made in Singapore
JAKARTA (The Jakarta Post/ANN): The Indonesian Coal Mining Association (APBI) signed on Wednesday (Nov 25) a deal with the China Coal Transport and Distribution (CCTD) association to export US$1.46 billion worth of coal to China next year.
BEIJING (China Daily/ANN) China's economy is expected to continue its recovery and achieve a higher growth rate next year, driven by consumption, experts said.
VIENTIANE (Xinhua): A Chinese company in Laos, Khoukham Steel Industry Sole Co., Ltd, has recently shipped rebar to Cambodia, realising the first exportation of steel produced in Laos.
SINGAPORE (The Straits Times/ANN): Singapore's manufacturing output dropped for the first time in three months in October, with only the biomedical and precision engineering clusters seeing growth.
KUALA LUMPUR: Malaysia's exports in October rose by 0.2% to RM91.10bil, exceeding a Bloomberg survery of a 0.4% decline, underpinned by rubber exports, palm oil agricuture products and electrical and electronic (E&E) products.
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).
MEXICO CITY, Nov. 26 (Xinhua) -- Mexico's economy faces an environment of uncertainty and risks, mainly due to the possibility of a second wave of novel coronavirus (COVID-19) outbreaks, the governing board of the central Bank of Mexico (Banxico) said on Thursday.