MANILA -- The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced its plan on Friday to transfer its currency production facility to New Clark City in Capas in Tarlac province.

The BSP signed a memorandum of understanding (MOU) with the Philippine Bases Conversion and Development Authority (BCDA) to transfer its facility to New Clark City, about 100 km north of Manila. (Philippines-Central Bank)

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SYDNEY -- A number of ports in Australia's tropical north near the Great Barrier Reef will be given an early-warning detection system to cope with invasive marine pests that can harm native sealife.

Queensland State Member of Parliament Scott Stewart who holds the seat of Townsville, on Friday said the installation of the high-tech devices is a necessary tool to protect one of the world's most pristine marine environments. (Australia-Great Barrier Reef)

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WELLINGTON -- New Zealand is taking steps to ensure gun ownership is restricted to responsible users and to stop the flow of guns into the black market, as legislation is introduced to the parliament on Friday, Prime Minister Jacinda Ardern said.

The bill includes a new register to track firearms and new offences and penalties that can be applied extraterritorially for illegal manufacture, trafficking, and for falsifying, removing, or altering markings - which are a new requirement under the Firearms Protocol. (New Zealand-Gun Control)

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MUMBAI -- India's slowing economy may see shallow recovery by early 2020, a Mumbai-based economist of Bank of America Merrill Lynch has said.

"We see the current Indian slowdown -- not a crisis under any circumstances - as cyclical. Its genesis lies in the liquidity crunch of 2018," Indranil Sen Gupta, economist of Bank of America Merrill Lynch (BofAML) told Xinhua on Thursday. (India-Economy) Enditem

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