SEOUL -- LG Electronics, South Korea's tech giant, on Friday reported record-high earnings in 2020, attributing the achievement to a solid demand for tech products generated by the COVID-19 pandemic.

Preliminary figure for consolidated operating profit reached a record high of 3.19 trillion won (2.9 billion U.S. dollars) in 2020, up 31.0 percent from the previous year. (South Korea-LG-Earnings)

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KUALA LUMPUR -- Malaysia's central bank, Bank Negara, said on Friday that its international reserves stood at 107.6 billion U.S. dollars as of Dec. 31, 2020.

The central bank said in a statement that the reserves level had taken into account the quarterly foreign exchange revaluation changes.

According to the bank, the reserves position is sufficient to finance 8.6 months of retained imports and is 1.2 times the total short-term external debt. (Malaysia-Foreign Reserves)

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KATHMANDU -- The Nepali government has altered its quarantine and customs offices and border security forces to keep strict vigilance on the import of poultry and poultry products from a foreign country.

A quarantine officer has been authorized to prohibit the entry of animal, animal products or animal production inputs if information is received that the imported animal, animal products or animal production inputs are brought from the outbreak area of contagious diseases. (Nepal-Imports-Poultry)

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ROME -- World food prices finished 2020 with a 3.1 percent increase from the previous year, the United Nations Food and Agriculture Organization (FAO) reported Thursday.

Prices in December rose by 2.2 percent from November, marking a seventh straight month of gains, led by dairy products and vegetable oils, the FAO said. (Italy-FAO-Food Prices)

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SEOUL -- Samsung Electronics, South Korea's tech behemoth, recorded a double-digit growth in its fourth-quarter operating profit, the company said Friday.

The preliminary figure for consolidated operating profit reached 9 trillion won (8.3 billion U.S. dollars) in the October-December quarter, up 25.7 percent from a year earlier. (South Korea-Samsung-Profit) Enditem

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