Business News
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Cathay Pacific Forecasts Significant Loss for Fiscal Year 2022 Operations
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Malaysia’s Consumer Sector To Remain Robust Through This Year Ahead
Malaysia’s consumer sector is projected to maintain its strength throughout 2023, buoyed by robust domestic demand and advancements…
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EU to mobilise RM47bil for Asean investments
Experts in international development and economics view the European Union’s (EU) announcement to mobilize €10 billion (US$10.59 billion…
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Malaysian economy relatively resilient in 2023, says ICAEW
A Glimmer of Stability Amidst Global Economic Turmoil The Institute of Chartered Accountants in England and Wales has…
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RHB Bank On Track to Meet Key Performance Targets Successfully
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Celcom Axiata, DiGi.Com Merger Cleared by Malaysia SEC
Malaysia’s telecom landscape is about to shrink by one competitor. The Securities Commission Malaysia cleared the merger of…
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AmBank pledges faster SME loans in two-year partnership deal
On 16 September 2022 AmBank signed a two‑year agreement with the Persatuan Usahawan Maju Malaysia (PUMM) at the…
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AmBank, PUMM Sign Deal to Lend RM400M to SMEs
AmBank and the Persatuan Usahawan Maju Malaysia (PUMM) signed a two-year strategic agreement on 16 September 2022 that…
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Eurozone Inflation Hits Record 7.5 Percent in March Report
Mina Agib, who operates the Egyptian restaurant Meya Meya in Berlin, recently received a supplier quote that reflected…
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Japan approves chip development project with Taiwan’s TSMC
Strategic Partnership Aims to Revitalize Japanese Semiconductor Industry Amid Global Shortages On August 15, 2021, the Japanese government…
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Celcom Digi Merger Creates $12.1B Telecom Giant
KUALA LUMPUR, July 1, 2021 — cyberinktimes.com — For years, Southeast Asia’s telecom market has been crowded. Too…
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Axiata and Telenor Complete Merger Creating Telecom Giant in Asia
Axiata Group Bhd, Telenor Asia Pte Ltd, and Digi.com Bhd announced the completion of a proposed merger between…
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Ericsson Wins RM11B Malaysia 5G Network Deal
On June 29, 2021, Digital Nasional Bhd (DNB) selected Ericsson to deploy a fifth-generation (5G) national network in…
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World Bank lowers Malaysia GDP growth due to pandemic.
World Bank Adjusts Malaysia Economic Forecast Amid Pandemic Resurgence The World Bank has officially revised its economic growth…
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Malaysia Expects FDI Inflows Despite Covid Lockdown
On June 10, 2021, despite the Malaysian government imposing varying degrees of restrictions due to the Covid-19 epidemic,…
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Malaysia warns corporate funds of looming tax exemption deadline
KUALA LUMPUR — A regulatory body in Malaysia has issued a notification to fund managers, instructing them to…
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Serba Dinamik Investors Voice Concern Over KPMG Audit Dispute
Two of the largest institutional investors in Malaysia’s oil‑and‑gas services firm Serba Dinamik have publicly expressed unease after…
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Foxconn in talks to buy a stake in chipmaker DNeX
KUALA LUMPUR: Some people familiar with the situation reported. That after the Taiwanese Foxconn Technology Group’s loss to…
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Singapore’s April exports grow 6% but sharply miss March pace
Singapore’s non-oil domestic exports (NODX) rose 6% in April 2021 compared to the same month last year, according…
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Panic Buying, Not Shortage, Drives Empty Shelves
Panic, Not Production, Is Driving the Global Shortage Crisis The world is not running out of goods. It…
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China faces global pressure over increasing counterfeit coronavirus gears
The Chinese government is facing a growing pressure from different countries as more and more counterfeit personal protective…
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Japanese Manufacturers in Southeast Asia Face Severe Supply Chain Crisis
A new survey reveals that the majority of Japanese manufacturers operating in Southeast Asia and India are facing…
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South Korean exports jump as employees worldwide work from home
South Korea, March 24, 2020 — infopulsetoday.com — South Korea’s customs office reported on 24 March that exports…
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South Korea’s teleconferencing hardware exports rise 10% amid global remote work shift
South Korea’s customs office reported on 24 March that exports of teleconferencing hardware and related components leapt 10…
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