Dubai Fines 14 Merchants For Hiking Face Mask Prices

DUBAI, Apr 6 (NNN-WAM) – Dubai imposed fines on 14 merchants, for inflating the prices of face masks, to exploit the rise in demand for hygiene essentials, following the nationwide alert against COVID-19. The merchants fined for tampering with prices included nine pharmacies in Nad Al Hamar, Al Mizhar, Nad…

China’s Medical Supplies Exports Top 10 Billion Yuan

BEIJING, Apr 6 (NNN-XINHUA) – China actively joined hands with the rest of the world to stem the COVID-19 disease, with the exports of medical supplies registering 10.2 billion yuan (about 1.43 billion U.S. dollars). The items of medical supplies include 3.86 billion face masks, 37.52 million protective suits, 2.41…

FDI policy reforms needed to ride out Covid-19 impact, says don

By S. Joan Santani KUALA LUMPUR, April 6 (NNN-BERNAMA) — Malaysia must undertake bold structural and sectoral reforms in its Foreign Direct Investment (FDI) policy in order to ride out the COVID-19 shock, says an academic.  Professor Sufian Jusoh of Universiti Kebangsaan Malaysia’s International Trade and Investment Institute for Malaysian…

Covid-19: IGP urges public to understand their role during MCO roadblocks

KUALA LUMPUR,  April 6 (NNN-BERNAMA) — The public should stop blaming the police for the traffic congestion due to roadblocks mounted to ensure compliance to the Movement Control Order (MCO), said Inspector-General of Police Tan Sri Abdul Hamid Bador. He said the public is expected to comply with the MCO…

Russian Energy Minister: “OPEC+” Meeting Is Expected To Be Held Tomorrow

BAGHDAD, Apr 5 (NNN-NINA) – Russian Energy Minister, Alexander Novak, said that, he informed Russian President, Vladimir Putin, about the date of the “OPEC+” meeting. Novak added that, he told President Putin that the “OPEC+” meeting is expected to be held on the sixth of this April (tomorrow). The Russian…

Sri Lanka Conducts First Online Tea Auctions Amid COVID-19 Pandemic

COLOMBO, Apr 5 (NNN-SLNEWS) – The Colombo Tea Auction, one of largest and oldest ongoing tea auctions in the world, conducted it’s first online sessions Saturday, amid the COVID-19 pandemic. The Colombo Tea Auction, which was suspended for two weeks, due to a curfew imposed by the government, to contain…

Covid-19: Swift response, being united will help in economic recovery – Zafrul

KUALA LUMPUR, April 4 (NNN-BERNAMA) — The government is fully aware of the need to be agile and to respond swiftly to the COVID-19 threat in the country, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. “Many have asked me, does the government expect to see economic recovery this year? The answer to…

DOE to ensure proper disposal of increased clinical waste – Tuan Ibrahim

KUALA LUMPUR, April 4 (NNN-BERNAMA) — The amount of clinical waste generated in the country increased by 27 per cent last month compared to a 17 per cent rise in February following the COVID-19 outbreak, said Environment and Water Minister Datuk Tuan Ibrahim Tuan Man. He said the percentage was…

Mongolian Economy To Drop Sharply In 2020 Due To COVID-19: ADB

ULAN BATOR, Apr 4 (NNN-MONGOLIAWEB) – Mongolia’s economic growth is expected to decline sharply in 2020, due to the COVID-19 pandemic but rebound in 2021, as the outbreak subsides, according to a report released by the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) 2020, the bank projects…

Bank Negara expects gradual improvement in economy from 2H 2020

Malaysia’s East Coast Rail Link are among the large-scale projects expected to boost economic growth later this year, says Bank Negara. Graphics courtesy of BERNAMA. KUALA LUMPUR, April 3 (NNN-BERNAMA)  – Malaysia foresees economic growth for the second half of the year to improve gradually, boosted mainly by the overnight…
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