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By Nai Lun Tan Bank Central Asia said its first-quarter net profit rose 8.6% as growth in operating income offset higher expenses and provisioning amid the Covid-19 pandemic. Net profit at Indonesia's largest private lender rose to 6.581 trillion rupiah ($447.4 million) from IDR6.061 trillion a year earlier, the bank said late Wednesday. |
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Singapore Telecommunications Ltd's annual net profit plummeted about 65% to the lowest in more than two decades and it did not provide forecasts for the current year, citing uncertainty due to the COVID-19 pandemic. Shares of Southeast Asia's largest telco fell as much as 4% after it reported a net profit of S$1. |
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News Release | 28 May 2020. MANILA, PHILIPPINES (28 May 2020) -The Asian Development Bank (ADB) has released a landmark study which maps supply chains for critical products in the global response to the novel coronavirus disease (COVID-19) pandemic, clearing the way for the identification and.... |
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By Stanley White and Koh Gui Qing. Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan |
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Asia is upgrading its power grid progressively to meet increased energy demand and expand its distribution network. Core investment areas in the region include grid reliability and renewable energy integration. One strategy Asia is assessing to improve transmission capacity and grid reliability is.... |
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TOKYO/NEW YORK: Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0. |
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Tokyo went into the break two per cent higher, Sydney jumped more than two per cent and Seoul rallied 0.8 per cent, while Singapore was up 0.4 per cent. — Reuters file pic. HONG KONG, May 28 — Optimism over the reopening of major economies across the planet continued to push equities higher today,.... |
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A reminder of safety precautions is posted outside a branch of UK clothing brand TOPSHOP inside the SM Mall of Asia, in Pasay City, Metro Manila, Philippines May 27, 2020. — Reuters pic. MANILA, May 28 — The Philippines' coronavirus task force has recommended President Rodrigo Duterte ease one of.... |
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Acquisition of nuclear deterrence capability was also necessary to project Pakistan’s self-sufficiency in defense against any territorial threat. Pakistan’s nuclear tests made it clear that when it comes to national honor and survival, Pakistan would maintain a balance of power against its adversaries. |
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KUALA LUMPUR, Malaysia May 27, 2020 /PRNewswire/ --Â SEMICON Southeast Asia 2020 is going virtual as the region's premiere global electronics manufacturing supply chain exposition and conference continues its rich tradition of gathering industry experts from around the world for critical insights.... |
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KUALA LUMPUR, Malaysia May 27, 2020 /PRNewswire/ -- SEMICON Southeast Asia 2020 is going virtual as the region's premiere global electronics manufacturing supply chain exposition and conference continues its rich tradition of gathering industry experts from around the world for critical insights.... |
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(Bloomberg) -- Asian stocks looked set for a mixed session as investors weighed continued gains in U.S. shares with an increase in Sino-American tensions over Hong Kong. Treasury yields dipped. Futures pointed higher in Japan and Australia, and retreated in Hong Kong. U.S. contracts were little changed in Asia trading. |
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KUALA LUMPUR, Malaysia , May 28 , 2020 /PRNewswire/ -- SEMICON Southeast Asia 2020 is going virtual as the region's premiere global electronics manufacturing supply chain exposition and conference continues its rich tradition of gathering industry experts from around the world for critical insights.... |
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KUALA LUMPUR, Malaysia May 27, 2020 /PRNewswire/ -- SEMICON Southeast Asia 2020 is going virtual as the region's premiere global electronics manufacturing supply chain exposition and conference continues its rich tradition of gathering industry experts from around the world for critical insights.... |
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Bengaluru. Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the Americas, with a V-shaped sharp recovery expected by less than one-fifth of economists polled by Reuters. |
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Reema Shaukat. IT’S been 22 years now that South Asia became nuclearized region. Pakistan became the first Muslim nuclear power on 28 May 1998 by detonating nuclear devices in the Chagai district, Balochistan. Almost 24 years after the first detonation of Indian nuclear device, as a sequel and.... |
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. -The South Asia Media Defenders Network (SAMDEN) (Lanka-e-News -27.May.2020, 11.30PM) The South Asia Media Defenders Network (SAMDEN) today cited detention of media professionals in Bangladesh, attacks on journalists in the Punjab, and the dismissal of a pregnant reporter in Assam state as part of.... |
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, Human Rights Watch said. “The burning of Let Kar village has all the hallmarks of Myanmar military arson on Rohingya villages in recent years,” said Phil Robertson , deputy Asia director. “A credible and impartial investigation is urgently needed to find out what happened, punish those responsible, and provide compensation to villagers harmed. |
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U.S. President Donald Trump has a long list of possible responses to China's plans to impose a national security law on Hong Kong, including visa and economic sanctions, the top U.S. diplomat for East Asia said on Wednesday. David Stilwell, the State Department's assistant secretary for the region,.... |
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The new pandemic epicenter: First, it was East Asia. Then Europe was ravaged by COVID-19. The United States followed. And while the death tolls continue to creep upwards in all of those places, Latin America is now the global epicenter of the coronavirus pandemic, |
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WASHINGTON, May 27 (Reuters) - U.S. President Donald Trump has a long list of possible responses to China's plans to impose a national security law on Hong Kong, including visa and economic sanctions, the top U.S. diplomat for East Asia said on Wednesday. |
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In a surprise move, US President Donald Trump on Wednesday offered to “mediate or arbitrate” the raging border dispute between India and China, saying he was “ready, willing and able” to ease the tensions, amid the continuing standoff between the armies of the two Asian giants. |
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Kalpana Morparia (pictured), chairman of JP Morgan South Asia and South East Asia, plans to hang up her boots by early next year. Leo Puri, former chief executive officer (CEO) of UTI Mutual Fund, will replace her. The global banking major said in a statement Morparia, 72, had expressed her desire to retire, but agreed to stay until Q1 2021. |
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The victims came from impoverished villages in Vietnam and are believed to have paid smugglers to take them on the risky journey to better lives abroad; The 13 people arrested in France are suspected of housing and transporting several dozen migrants from Southeast Asia every day for several.... |
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The Supreme Court yesterday decided to return the Khmer identity card but not the passport of former Radio Free Asia journalist Uon Chhin, who is facing porn production and espionage charges together with former colleague Yeang Sothearin. Both are out on bail. |
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