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SINGAPORE: Singapore said its economy will probably expand 4% to 6% next year amid a global recovery from the worst of the coronavirus pandemic and as travel restrictions and local safety measures are eased.
Boosting output is main objective over next five years
FOR the first year in seven the value of commodity projects being undertaken in Australia increased, as the natural resources sector shrugged off the economic hit from the novel coronavirus pandemic.
Chancellor of the Exchequer will also spend on infrastructure
HONG KONG: Blackstone Group Inc is doubling down on Asia, seeking to raise at least US$5bil for its second private equity fund focused on the region, people familiar with the matter said.
SINGAPORE: Thailand shares climbed nearly 2% to hit their highest in more than five months on Monday, leading broader gains in emerging Asian stock markets, while Singapore stocks were lifted by better-than-expected third-quarter GDP numbers.
BEIJING: Leaders of the 20 biggest economies have vowed to ensure a fair distribution of Covid-19 vaccines, drugs and tests around the world and do what was needed to support poorer countries struggling to recover from the coronavirus pandemic.
KUALA LUMPUR: Moody’s Investors Service has raised its forecast for crude palm oil (CPO) prices to range between RM2,200 and RM2,600 per tonne, with a midpoint of RM2,400 due to tighter supply over the coming 12 months.