Senator Upakit Pachariyangkun is back in the spotlight over his alleged links with a crony of Myanmar’s military ruler Min Aung Hlaing who was arrested in Thailand on drug charges…
Tag:
Economy
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BusinessEconomyInvestVietnam
Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO
by Amila Herathby Amila HerathF88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution…
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ASEANEconomyMalaysiaMyanmar
Malaysia’s Anwar urges ASEAN rethink on resolving Myanmar crisis
by tempekeringby tempekeringMANILA/KUALA LUMPUR — Malaysian Prime Minister Anwar Ibrahim on Wednesday told Philippine President Ferdinand Marcos Jr. that ASEAN should consider new approaches in resolving the drawn-out crisis in Myanmar. Anwar,…
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EconomyInvestMalaysia
Amazon’s cloud unit to invest $6 bln in Malaysia by 2037
by Prasad Bandaby Prasad BandaMarch 1 (Reuters) – Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc (AMZN.O), said on Wednesday it plans to invest $6 billion in Malaysia over the next 14…
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COLOMBO: Sri Lanka was expecting its long-standing ties with Saudi Arabia to grow stronger, Foreign Minister Ali Sabry said on Monday, after meeting with a delegation from the Saudi Fund…
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EconomyNewsSri Lanka
World Bank Vice President reaffirms support for Sri Lanka
by Myint Nyanby Myint NyanWorld Bank Vice President for South Asia, Martin Raiser has reaffirmed the World Bank Group’s continued support to help Sri Lanka navigate economic challenges, implement critical reforms, and chart a…
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BangladeshEconomyNews
Bangladesh urges G-20 to force companies making profit from Ukraine war to compensate poor nations
Bangladesh’s foreign minister said companies making “runaway profit” from the war in Ukraine should compensate affected, less developed nations. “In this war, some companies are making runaway profit… energy companies…
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ASEANAsiaBusinessEconomyFeaturedMalaysiaNews
Malaysia’s manufacturing PMI declines further to 47.8 in December 2022
The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) stood at 47.8 in December last year, slipping from 47.9 in November to mark a fourth consecutive softening of…
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ASEANAsiaChinaEconomyFeaturedGlobal NewsMalaysiaNews
GLOBALink | Malaysian economy recovers with expectations to deepen cooperation with China
by Amila Herathby Amila HerathIn 2022, Malaysia’s economy recovers steadily thanks to improved labor conditions, increasing trade with foreign countries, etc. However, according to some research agencies, Malaysia faces such challenges as a sluggish…
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