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WASHINGTON (Bloomberg): Xiaomi Corp and the US government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.
BEIJING: China State Construction Engineering Corp’s (CSCEC) Middle East subsidiary is fully engaged in the construction of the 139-km Package A of Etihad Rail’s 605-km Stage 2 project, connecting Ruwais and Ghuwaifat in the United Arab Emirates.
BIMB Securities Research expects the economy to have shrunk at a slower pace of 0.6% year-on-year in the first quarter (1Q 2021) compared with a contraction of 3.4% in the fourth quarter last year.
Beijing’s aggressive stance in the South China Sea set to have impact on 2022 presidential poll, given incumbent Rodrigo Duterte’s tolerance of itBut Manila is unlikely to endanger the US-Philippines alliance, which helps both parties to counter Chinese assertiveness
MANILA (Philippine Daily Inquirer/ANN): Environment and heritage advocates are opposing a plan by the government to put up a “megavaccination centre” in an urban forest, saying the short-term use of the property of the Nayong Pilipino Foundation (NPF) will result in long-term ecological damage.
BRUSSELS (Reuters): The European Union and India will agree to revive stalled free-trade negotiations at a virtual summit on Saturday (May 8) while also seeking closer cooperation to combat climate change, as concerns about China bring Brussels and New Delhi closer.
Part I: High quality growth to sustain global leadership
BEIJING/SYDNEY (The Straits Times/ANN): China halted a high-level economic dialogue with Australia on Thursday (May 6) amid already strained ties, in a symbolic move to show its displeasure with Canberra for scrapping two Belt and Road deals.
KUALA LUMPUR: Investigation papers over alleged abuse of power within Prasarana Malaysia Bhd have been submitted to the Attorney General's Chambers (AGC), says Datuk Seri Azam Baki.