September 16, 2020 Business
MANILA: Coronavirus-ravaged economies across the Asia Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could derail the region’s return to growth.
September 16, 2020 Business
Kuala Lumpur: The gradual improvement in economic activities in various sectors has given hope that the nation’s economy will turn the corner in the third quarter (Q3) of this year, an analyst said.
September 15, 2020 Business
Kuala Lumpur: The ringgit will likely be heading for a second straight weekly fall this week amid a volatile oil market outlook, said Kenanga Investment Bank Bhd.
September 15, 2020 Business
NEW YORK: American tech giant Microsoft said its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of the imminent deadline for the Chinese-owned video app to sell or shut down its US operations.
September 14, 2020 Business
TOKYO: The criminal trial against Japanese automaker Nissan and its former executive Greg Kelly will open in Tokyo District Court on Tuesday. It’s the latest chapter in the unfolding scandal of Carlos Ghosn, a superstar at Nissan Motor Co. until he and Kelly were arrested in late 2018.
September 13, 2020 Business
IPOH: The government will study and redefine the context of socio-economic and environmental sustainability in its post-Covid-19 economic recovery framework. .
September 12, 2020 Business
SEREMBAN: The Ministry of Finance (MoF) has urged self-employed workers who do not have a fixed income to take the opportunity to participate in the Employees Provident Fund’s (EPF) i-Saraan scheme initiated by the government to ensure they will get the social security benefits.
September 12, 2020 Business
Kuala Lumpur: Malaysia is keeping pace with Southeast Asia’s digital transformation by recording the highest percentage of digital consumers with 83 per cent of its population (aged 15 years and above), based on a study titled “Digital Consumers of Tomorrow, Here Today” conducted by Facebook and Bain & Company.
September 10, 2020 Business
Kota Kinabalu: Premendran Pathmanathan (pic) iProperty’s General Manager of Customer Data Solutions at REA Group Asia, during an online video conference, said in reply to questions on the proposed vacancy tax to be introduced by the government in 2021, that it could be helpful for planning future home supply and housing development projects.
September 10, 2020 Business
BEIJING: Chinese inflation moderated in August, data showed Wednesday, as a slowdown in the surging price of pork tempered food costs.
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