Business

Malaysia announces plan to sell 5G agency stock next weekMalaysia announces plan to sell 5G agency stock next week

Malaysia announces plan to sell 5G agency stock next week

MALAYSIA: Malaysian Communications and Multimedia Minister Annuar Musa said on Thursday that the government expects to unveil a plan to…

July 1, 2022
Nomura’s Thai securities unit is sold to Thai Bank of Ayudhya for $155.3 millionNomura’s Thai securities unit is sold to Thai Bank of Ayudhya for $155.3 million

Nomura’s Thai securities unit is sold to Thai Bank of Ayudhya for $155.3 million

THAILAND: On Thursday, the Bank of Ayudhya Pcl (BAY) of Thailand stated that it has agreed to pay $155.3 million…

June 30, 2022
Malaysian palm oil millers stop production as CPO prices fallMalaysian palm oil millers stop production as CPO prices fall

Malaysian palm oil millers stop production as CPO prices fall

MALAYSIA: Some Malaysian palm oil mills have temporarily halted production due to a drop in prices, according to a miller's…

June 28, 2022
Indonesia identifies ex-Garuda chief as a graft suspectIndonesia identifies ex-Garuda chief as a graft suspect

Indonesia identifies ex-Garuda chief as a graft suspect

JAKARTA: Investigators are looking into potential irregularities in the procurement of Bombardier and ATR planes, Indonesia's attorney general said on…

June 28, 2022
Jumbo Floating Restaurant’s parent company says no insurance payoutJumbo Floating Restaurant’s parent company says no insurance payout

Jumbo Floating Restaurant’s parent company says no insurance payout

SINGAPORE: A statement from Hong Kong's Jumbo Floating Restaurant's parent business on Sunday stated that it will not get any…

June 27, 2022
Some aviation positions are hard to replace, say corporations and expertsSome aviation positions are hard to replace, say corporations and experts

Some aviation positions are hard to replace, say corporations and experts

SINGAPORE: Some analysts believe there may still be some hiccups in Singapore's aviation business, despite the city's relatively easy rehiring…

June 27, 2022
US business groups urges free trade talks with TaiwanUS business groups urges free trade talks with Taiwan

US business groups urges free trade talks with Taiwan

TAIPEI: The American Chamber of Commerce in Taiwan urged the United States to "urgently" begin negotiations with Taiwan on a…

June 23, 2022
Google settles French online copyright disputeGoogle settles French online copyright dispute

Google settles French online copyright dispute

PARIS: France's antitrust authorities announced on Tuesday that Google has agreed to resolve a copyright dispute in France regarding online…

June 22, 2022
Strong currency and rising oil costs create “perfect storm” for airlinesStrong currency and rising oil costs create “perfect storm” for airlines

Strong currency and rising oil costs create “perfect storm” for airlines

DOHA: At a time when pricing pressures and labor shortages strain the pandemic-hit industry's recovery, global airlines are facing a…

June 22, 2022
Cryptocurrency fears are becoming a reality, says BISCryptocurrency fears are becoming a reality, says BIS

Cryptocurrency fears are becoming a reality, says BIS

LONDON: Recent cryptocurrency market explosions indicate that the long-foreseen dangers of decentralized digital money are now manifesting, according to the…

June 22, 2022