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Philippines to start easing foreign business restrictions

Philippines‘ President Rodrigo Duterte Rodrigo Duterte gestures during a news conference on the sidelines of the Association of South East Asian Nations (Asean) summit in Pasay, metro Manila, Philippines, Nov 14, 2017. (Reuters photo) MANILA: Philippine President Rodrigo Duterte has instructed government agencies to scrap or start easing barriers that foreigners face in multiple business and employment sectors, part of […]

Mugabe granted immunity ‘part of resignation deal‘

Mugabe granted immunity ‘part of resignation deal‘

Zimbabwe‘s former Vice-President Emmerson Mnangagwa, who is due to be sworn in to replace Robert Mugabe as President, addresses supporters in Harare on Wednesday. (Reuters photo) HARARE: Zimbabwe‘s former president Robert Mugabe was granted immunity from prosecution and assured that his safety would be protected in his home country as part of a deal that led to his resignation, sources […]

AirAsia X Q3 results hit by rising costs

The tail of an AirAsia X plane as seen at the Garuda Maintenance Facility AeroAsia in Tangerang, Indonesia, on Sept 20, 2017. (Reuters photo) KUALA LUMPUR: AirAsia X Bhd said it swung into a net loss in its third quarter from a year earlier, blaming higher costs and lower unit revenues particularly in its main markets of Malaysia and Thailand. […]

Indonesian startup wages war on plastic with edible cups

Indonesian startup wages war on plastic with edible cups

An ice cream parlor attendant holds cones made of seaweed jelly called Ellojello, a product of seaweed-based plastic ware company Evoware, at a shopping mall in Jakarta. (Reuters photo) JAKARTA: Jakarta food and beverages retailer Ong Tek Tjan sells ice cream in cups his customers can eat afterwards, instead of throwing away – they are made from seaweed and taste […]

Philippine leader gives order to start easing foreign business restrictions

Philippine leader gives order to start easing foreign business restrictions

Buildings are seen as vehicles pass through the financial district of Makati city, metro Manila, on Wednesday. (Reuters photo) MANILA: Philippine President Rodrigo Duterte has instructed government agencies to scrap or start easing barriers that foreigners face in multiple business and employment sectors, part of moves to liberalise an economy long criticised as restrictive. The directive, made public on Thursday, […]