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June 22, 2021 Business
Kuala Lumpur: Axiata Group Bhd, Telenor Asia Pte Ltd and Digi.Com Bhd (Digi) had signed agreements for the merger of Celcom Axiata Bhd (Celcom) and Digi, referred to as MergeCo.
June 22, 2021 Business
BEIJING: Bitcoin tumbled more than 10 per cent Monday after China broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province.
June 22, 2021 Business
Kuala Lumpur: The United Nations Global Compact (UNGC) has projected that the market for environmental, social, and governance (ESG)-related projects in Malaysia will require financing of about RM45 billion in the next five years.
June 21, 2021 Business
PARIS: While the United States and Europe waged a 17-year trade battle over subsidies to Boeing and Airbus, China poured money into its own commercial aircraft to take on the Western aviation duopoly.
June 19, 2021 Business
Kuala Lumpur: Foreign direct investment (FDI) into Malaysia recorded a net inflow of RM14.6 billion in 2020, down 54.8 per cent from RM32.4 billion in 2019, the lowest since 2009.
June 19, 2021 Business
TOKYO: Japan’s central bank on Friday announced its first investment fund for efforts to address climate change, as the government works towards its new target of reaching carbon neutrality by 2050.
June 19, 2021 Business
Kuala Lumpur: Malaysia and Singapore have intensified longer-term positioning as regional hubs for green and sustainable finance, making the issuing of sustainability bonds in Asean more vibrant.
June 18, 2021 Business
NIBONG TEBAL: The government is awaiting the gross domestic product (GDP) performance for the second quarter of 2021 (Q2) before deciding whether to revise its target of between 6.0 per cent and 7.5 per cent growth this year, as the economy is seeing signs of recovery in the current quarter.
June 18, 2021 Business
SYDNEY: Major banks and airlines were among businesses hit by a fresh global online outage Thursday, with the problem traced to US-based tech provider Akamai.
June 18, 2021 Business
Kuala Lumpur: The induction of UMW Aerospace Sdn Bhd in the 2021 Cohort of Rolls-Royce’s High Performing Supplier Group shows that Malaysia is indeed an ideal location to meet the growing demand of the aerospace sector in the Asia-Pacific region, the Malaysian Investment Development Authority (Mida) said.
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