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Bloomberg Philippine President Rodrigo Duterte pushed for opening the economy to more foreign investments in his final address to Congress, where he also pledged pandemic support to help businesses bounce back and defended his much-criticised drug war. Duterte called on lawmakers to amend laws to ease restrictions on international retailers and professionals, as well as to allow foreigners greater ownership ...

Bloomberg India’s digital learning pioneer Byju’s is buying professional training and higher education platform Great Learning for $600 million, accelerating an acquisition spree to expand globally. The cash-and-stock purchase marks an entry to the higher education segment for Byju’s, the company said on Monday in a statement. The sellers of Singapore-based Great Learning will receive certain payments based on its ...

Bloomberg AstraZeneca Plc is planning to import Covid-19 vaccines to Southeast Asia as its only manufacturing facility in the region struggles to ramp up output to meet demand from countries hit hard by the delta variant. The Anglo-Swedish drugmaker is scouring more than 20 supply chains in its global manufacturing network to find additional vaccines for Southeast Asia, including Thailand, ...

Bloomberg Indonesia is extending its mobility curbs for another week until August 2 as coronavirus cases remain high following near month-long restrictions. Adjustments are made in order to allow small businesses to operate under strict health protocols, President Joko Widodo said in a briefing broadcast on YouTube. Traditional markets selling staple foods will open as normal, while shops selling non-food ...

Bloomberg The US and China left open the possibility of a summit between their presidents despite a contentious day of talks between officials from both sides in city of Tianjin. Vice Foreign Minister Xie Feng told visiting Deputy Secretary of State Wendy Sherman during a meeting on Monday that the relationship was “in a stalemate and faces serious difficulties.” Xie ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has issued a resolution to form a new Board of Directors for the Abu Dhabi Chamber of Commerce and Industry. The new board will be chaired by ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the Consulate-General of the Republic of South Korea in Dubai means of enhancing economic cooperation and commercial relations between companies and investment institutions operating in Sharjah and South Korea. They also discussed ways of supporting partnerships, along with investment opportunities available in information technology, healthcare, tourism, ...

ABU DHABI / WAM Alpha Condé, President of Guinea, has received Major General Dr Ahmed Nasser Al Raisi, Inspector General of the Ministry of the Interior (MoI), and his accompanying delegation. During the meeting, the sides discussed means to enhance relations between Guinea and the UAE in police and security fields. President Condé stressed the depth of the UAE-Guinea relations, ...

ABU DHABI / WAM Khalifa University (KU) is now a member of the Global Engineering Education Exchange Program (Global E3 Consortium), a consortium-based exchange programme established in 1995 that provides undergraduate engineering students an opportunity to study in leading universities from around the world while being able to pay tuition at their home university. As a top ranked university in ...

Bloomberg The world’s biggest platinum miners are ramping up plans to build renewable energy plants to free them from power outages that have plagued South Africa for more than a decade and to reduce their carbon footprint. Sibanye Stillwater Ltd, the No. 1 platinum miner, Impala Platinum Holdings Ltd and Anglo American Platinum Ltd said they plan to scale up ...