Economy

MANILA/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,…

March 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…

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…

World 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…

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…

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…

In 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…

Malaysian car maker Proton announced Wednesday that its total vehicle sales in 2022 climbed 23.3 percent year on year to 141,432 units. Proton said in a statement the company ended…

Malaysia’s railway sector is rapidly advancing due to close cooperation with China on a number of projects in the railway sector, Malaysian Transport Minister Anthony Loke Siew Fook said. This…

Sri Lankan shares ended higher on Friday, but logged their worst year since 2008 as the island nation battled a severe economic crisis. The CSE All-Share index rose 0.7% to…