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M2, which covers cash in circulation and all deposits, rose by eight percent year-on-year by the end of February, according to the central bank.

Luxury cruise operator Francesco Galli Zugaro moved from Peru to Singapore in 2012, keen to tap an increasingly affluent market in the Asia-Pacific region.

MANILA - The death toll from the 6.3-magnitude earthquake that struck North Cotabato province in southern Philippines on Wednesday has climbed to five people, local officials said on Thursday.

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Luciano Brustia, regional managing director of Asia-Pacific at InterSystems, said its business in China expanded at an annual rate of 18 to 20 percent in the past five years, and the robust growth momentum is expected to be sustained in the future.

Lu said China supports the United States and the DPRK in actively advancing the process of political settlement to the issue according to the consensus reached by the two countries' leaders in Singapore. However, he added that all relevant parties should stick to the direction of political settlement, and show more sincerity and flexibility, instead of being fickle or laying the blame on others.

MANILA - Troops from the Philippines and the United States will kick off next Monday a series of joint military exercises designed to hone their interoperability skills in fighting terrorism, including chemical attack, and disaster response, said a Philippine military officer on Thursday.

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Lu said the growth of traditional crops with low benefits should be reduced, while the production of fast, efficient cash crops should be encouraged.

MOSCOW - Russia and India on Monday called on the international community to continue to work together on combating terrorism "without double standards", the Russian Foreign Ministry said.

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MANILA - The death toll from the 6.3-magnitude earthquake that struck North Cotabato province in southern Philippines on Wednesday has climbed to five people, local officials said on Thursday.

Lu Dongfu, general manager of CRC, said last month that 2017 is the beginning of corporate system reform in the railway sector, and the following year it will focus on deepening the reform.