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International cannabis market growth to drive reform

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INTERNATIONAL

Cannabis pharmaceuticals have experienced dramatic growth in recent years as regulatory approvals have increased. The sector’s expansion deepens contradictions within the…

East Timor will struggle to improve economic outlook

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EAST TIMOR

The country is trying to rebuild its economy, which contracted by an estimated 7.6% in 2020. The fallout of the COVID-19 crisis has cut oil and gas income, which contributes about…

Global coal market will decline in the long term

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INTERNATIONAL

Outlook for global coal markets.

ASEAN differences will slow RCEP talks

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ASEAN

These talks have stalled over the scope of tariff reforms and conflicting bilateral agreements. However, following the likely demise of the Trans-Pacific Partnership (TPP), the…

Carillion collapse may transform public-private deals

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INTERNATIONAL

Last month Carillion, the United Kingdom’s second-largest construction and outsourcing firm, went into liquidation. It employed 43,000 people and had 2017 revenues of 5.2 billion…

New Zealand’s economy looks positive in uncertain 2019

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NEW ZEALAND

The RBNZ’s no-change stance reflects major world central banks’ recent retreat from tightening. While current New Zealand economic growth is firm, the RBNZ and the government are…

Philippines tourism investment opportunities to grow

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PHILIPPINES

President Rodrigo Duterte's term ends in 2022; his administration is prioritising the development of the Philippines tourism sector. However, internal security could pose…

Indonesia-Australia rifts will slowly heal

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INDONESIA/AUSTRALIA

He was accompanied on his trip by several senior ministers and business leaders. Canberra and Jakarta are long-standing partners, but various sore points have in recent years…

India’s vaccine diplomacy brings money and influence

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INDIA

Last week, its partners in the ‘Quad’ grouping -- the United States, Japan and Australia -- agreed to help increase its vaccine manufacturing and exporting capacity. Each of the…

Australia budget reversal may accelerate downgrade

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AUSTRALIA

The Australian federal budget, delivered on May 9, attempts to revive the electoral prospects of the Liberal-National Coalition government. The timeline for a return to surplus is…