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Insight - China’s recovery crucial to global growth
Success in containing pandemic key to economic progress
Hubei targets 10% GDP growth
WUHAN: Central China’s Hubei province, once hit hard by the Covid-19 epidemic, set its gross domestic product (GDP) growth target at more than 10% in 2021, according to governor Wang Xiaodong.
Strong Q4 results despite accounting wrinkle
Planters to gain from high prices of CPO, palm kernel
Indonesia sees risks to growth on virus, natural disasters
JAKARTA: Indonesia sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak, said the finance minister.
Labour shortage more serious than fall in CPO price
KUALA LUMPUR: Labour shortage is more detrimental to both estates and smallholders in Malaysia’s oil palm industry than a global price drop, according to a Khazanah Research Institute (KRI) study.
China was largest recipient of FDI in 2020
China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread across the world during the course of the year, with the Chinese economy having brought in US$163 billion in inflows.
Indonesia sees risks to economic growth in Q1
JAKARTA: Indonesia sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak, said the finance minister.
Having the welfare of migrant workers at heart
AFTER falling to its first recession last year since the 1997 Asian financial crisis, Indonesia’s economic growth is expected to rebound this year.
Buoyant outlook for emerging markets
THE prospects for emerging markets are buoyant as they will likely get a lift from Americans receiving US$1,400 cheques from the US government and putting the money into the stock market.
‘Unstoppable’ luxury stocks remind some investors of US tech
THE coronavirus pandemic is still raging throughout large parts of the world and China is facing a resurgence of the outbreak, yet investors keep pushing luxury-goods stocks higher, undeterred by near-record valuations.