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The current political chaos affects public health as much as other public services, which is especially worrying with the ongoing Covid-2019 outbreak.
From SIBUSISO MOYO, Minister of Foreign Affairs and International Trade for the Republic of Zimbabwe.
SYDNEY: Prime Minister Scott Morrison warned that his government might be unable to keep its election campaign promise to deliver Australia’s first budget surplus in over a decade due to the economic impact of the coronavirus epidemic in China.
PETALING JAYA: Nestlé Malaysia Bhd’s fourth quarter net profit rose 6.45% to RM131.8mil year-on-year, against a backdrop of tough market conditions during the period.
HONG KONG: Hong Kong can’t catch a break. January was supposed to be the month that sagging exports from the Asian finance hub’s huge port started to bottom. Instead, they slumped. By a lot more. Total outbound shipments plunged 23% from a year earlier, far worse than the 3.7% drop that economists expected, figures released Tuesday (Feb 25) showed.
NEW DELHI (Bloomberg): US President Donald Trump met his Indian counterpart in New Delhi Tuesday (Feb 25), amid growing tensions between rival protesters in the capital and with a host of critical issues from defence to regional security on the agenda.
JAKARTA (The Jakarta Post/ANN): Finance Minister Sri Mulyani Indrawati hopes to get Saudi Arabia on board to invest more in Indonesia, particularly through the planned sovereign wealth fund that is to be channelled for projects intended to aid the country’s development.
KUALA LUMPUR: Nestle (Malaysia) Bhd posted a firmer set of net profit for the financial year ended Dec 31,2019, supported by strong operational sales execution, anticipation of market trends and a sustained stream of innovations throughout the year.
PETALING JAYA: The policies under the recently announced National Automotive Policy 2020 (NAP 2020) are unlikely to boost vehicle sales this year, with most analysts maintaining their forecasts for 2020.
RIYADH: Saudi Arabia plans to invest 412 billion riyals (US$110bil) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.