Fri, 24 Sep 2021

ACCRA -- The government of Ghana has committed a seed funding of 25 million U.S. dollars for the local production of COVID-19 vaccines, President Nana Akufo-Addo has said.

In his address to the nation late Sunday on measures taken against the spread of the virus, the president said local production of the vaccine became necessary following a global shortage in recent times. (Ghana-COVID-19-Vaccine)

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KUALA LUMPUR -- Malaysia's gross fixed capital formation, which measures investment, declined 14.5 percent year on year to 281.1 billion ringgit (about 66.53 billion U.S. dollars) in 2020 amid the COVID-19 pandemic, the biggest contraction recorded since the 1998 Asian Financial Crisis, official data showed Monday.

The Department of Statistics Malaysia said in a statement that the contraction was mainly attributed to the COVID-19 pandemic which has affected the investment of fixed assets for all economic activities. (Malaysia-Gross Fixed Capital)

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SINGAPORE -- The Singapore Economic Development Board announced on Monday that the country's manufacturing output grew 27.5 percent year on year in June, compared to the revised 27 percent increase in the previous month.

In the first half of 2021, Singapore's manufacturing output grew 14.5 percent year on year. (Singapore-Manufacturing Output)

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WELLINGTON -- New Zealand exports reached a new high in June 2021 as China continues to receive the largest share of New Zealand exports, the statistics department Stats NZ said on Monday.

In June 2021, China received 32 percent of New Zealand's total exports. China received 44 percent of New Zealand's dairy, 90 percent of logs, and 41 percent of meat, Stats NZ said. (New Zealand-China-Export)

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