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East Canada LNG edges towards decision on $7.5 billion plant

Bloomberg A $7.5 billion liquefied natural gas (LNG) project in East Canada focussed on Europe is seeking to get the go-ahead this year. Pieridae Energy Ltd is targeting the milestone known as a final investment decision after having lined up buyers for the fuel, mainly in Europe. If approved it would add to LNG supplies into northwest Europe, which has ...

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Singapore planning cautious budget with an eye on polls

Bloomberg Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year. While not expected to be as headline-grabbing as last year — when Heng flagged a hike in the goods-and-services tax — the 2019 ...

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India raises import taxes on Pakistan goods by 200%

Bloomberg India raised duties on all goods imported from Pakistan following the withdrawal of most-favored nation status to its neighbor after a terror attack last week killed dozens of Indian soldiers. The basic customs duty on all Pakistan exports to India will be increased to 200 percent immediately, Finance Minister Arun Jaitley said in a post on Twitter. Withdrawing the ...

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