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Antiquera said the Philippines produces at least 40,000 nursing graduates each year. And yet most hospitals lack nurses, as low wages force these nurses to either go overseas or work as call center agents.

Another 86 companies are expected to post a rise in their net profits in 2017, but their annual reports are yet to be released.

Another English daily "The Times of India" quoted Delhi's Health Minister Satyendra Jain as saying that the state government would make necessary preparations to tackle the expected post-festival surge in COVID-19 cases.

Apart from attracting foreign capital, China effected changes to rules on permanent residence for foreigners in April. The reform serves the country's talent development strategy, which is to attract more innovative and entrepreneurial talent.

Another new growth engine, derived from the collaboration between Macao and Zhuhai, a city in Guangdong province, is the traditional Chinese medicine business, Zhou said.