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…
Economy
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AsiaEconomyFeaturedGlobal NewsNewsSri Lanka
Sri Lankan shares mark worst year since 2008
by Myint Nyanby Myint NyanSri 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…
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ASEANAsiaEconomyFeaturedGlobal NewsNewsPoliticsVietnam
Global recession fears weigh on Vietnam’s export-driven economy
The country’s central bank said it will prioritise policies related to valuation of its currency to support exports and meet the economy’s credit demand. Vietnam’s economy was one of the…
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BusinessEconomyFeaturedMalaysia
Financial Challenges Abound For Malaysians
by Amila Herathby Amila HerathRinggitPlus also said Malaysians from all walks of life are now facing severe financial challenges that leave them vulnerable to financial shocks, bearing in mind that various financial aids had…
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ChinaEconomyFeaturedGlobal NewsKazakhstanNewsPoliticsWorld News
Xi visits Kazakhstan ahead of summit with Putin
Astana, Kazakhstan (22/10 – 49). Chinese President Xi Jinping on Wednesday started his first foreign trip since the outbreak of the pandemic with a stop in Kazakhstan ahead of a summit…
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BusinessVietnamWorld News
New Zealand Prime Minister reaffirms economic ties with Vietnam
by Deepak Mirzaby Deepak MirzaThe Prime Ministers reaffirmed New Zealand and Vietnam’s commitment to working together as strategic partners. “Vietnam is an important partner for New Zealand, and their emerging, dynamic market presents many…
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Vietnam’s economy is facing strong headwinds due to slowing external demand, rising inflation and tightening domestic financial conditions, according to the World Bank. Export growth slowed to a 12-month low…
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VietnamWorld News
Biden, Jokowi Unveil $20 Billion Deal to End Coal in Indonesia
by Amila Herathby Amila HerathUS President Joe Biden and Indonesian President Joko Widodo announced a climate finance deal providing $20 billion to help Indonesia pivot away from coal power. The funding deal, brokered between…
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AsiaEconomyGlobal NewsNewsWorld News
Malaysia’s economy likely grew 11.7% in Q3, outlook cloudy
by Myint Nyanby Myint NyanMalaysia’s economy grew in double digits for the first time in over a year in the third quarter, boosted by strong domestic consumption and robust exports, according to a Reuters…