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Indonesia exits recession with 7% GDP growth in Q2, but virus...
JAKARTA: Indonesia showed great signs of improvement as it effectively pulled out of recession in the second quarter of the year. The country reported...
Google offers $340 million in Ads credits to help small businesses
As part of its coronavirus response package, Google is offering $340 million in Ads credits to small and medium-sized businesses that have active accounts...
Germany, Japan seek economic cooperation
During their first-ever high-ministerial government meetings, held in the midst of concerns over global supply chains and the economic repercussions of the war in...
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
S&P Global Ratings anticipates that the Malaysian banking sector will continue to expand loans at a rate of 5% to 6% in 2023 as...
Malaysia’s trade performance breaks record in April
KUALA LUMPUR: The Department of Statistics reported that owing to durable trade performance in April. The Southeast Asian nation Malaysia bested themselves by attaining...
EU faces big subsidy rift before facing US
Sweden’s KIRUNA: There are growing concerns that the continent’s heavyweights may benefit at the expense of the smaller member states. As the European Union...
PETRONAS and Phoenix Petroleum Sign MoU for Downstream Marketing and Tech...
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...
South Korea faces economic difficulty as virus cases climb
From only 31 cases on February 18, South Korea has confirmed a sudden increase in its coronavirus cases that reached 833 as of Monday afternoon. The government over the weekend declared that the virus alert has been raised to its highest level and intensified quarantine measures to contain the virus spread. Aside from human infection, South […]
Serba Dinamik’s major shareholders express concern over audit issues.
Malaysian oil and gas service group are under investigation by Malaysia’s security group. This also rose concerns on the company’s development by 2 of...
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 the Malaysian technology firm. Dagang Nexchange...