Latest
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India
Manipur votes in the face of danger
Residents of India’s violence-torn northeastern state of Manipur turned out in large numbers to vote, despite the shadow of ethnic clashes that killed at least 220 people in the last year hanging over the national election.
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Economy
Enhancing the venture capital ecosystem
KUALA LUMPUR: The government has launched a wave of passes, geared towards supercharging the venture capital (VC) ecosystem and fostering a conducive environment.
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Vietnam
Deputy head nabbed as police widen graft probe
POLICE have detained the assistant to the head of the National Assembly over a probe into a builder, amid a widening anti-graft drive.
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Nation
KL-Hangzhou pact to boost startups
KUALA LUMPUR: Kuala Lumpur City Hall (DBKL) has signed a Letter of Intent (LOI) with Hangzhou Municipal People’s Government for “Smartup City Connect” cooperation.
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Japan
No signs of mechanical failure in flight data recorders
AN initial analysis of flight data recorders recovered from the crash of two Japanese navy helicopters showed no sign of mechanical problems, Japan’s defence minister said, indicating likely human error.
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China
Storms strike south China
ELEVEN people are missing following storms that battered southern China, state media said, with tens of thousands evacuated away from the torrential downpours.
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India
Violence forces some voters to go back to the polls
VOTERS at a handful polling places in a northeastern Indian state went back to the polls yesterday amid tight security after violence disrupted the vote last week.
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Focus
Techies work to save migrants in distress
WHEN a migrant rescue non-profit asked Nicolas Zemke if he could design an app to pinpoint ships in distress in the Mediterranean, the German web developer headed to a hackers’ convention to look for like-minded volunteers.
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Nation
Govt allots RM9.5mil to boost cocoa production
KUALA LUMPUR: Malaysia, which is among the world’s top five exporters of cocoa powder, is seeking to reduce its reliance on bean imports and boost its cultivation in an effort towards developing made-in-Malaysia chocolate brands.
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Business
China property tycoon faces debt woes
HONG KONG: A Chinese tycoon who had snapped up mansions and offices in Hong Kong and London faces demands from banks to repay more than US$200mil of loans for which he and his family had provided personal guarantees, in a sign of further liquidity problems for the businessman and his property-investment company.
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Focus
Increased jitters over ‘Day Zero’
AGUSTIN Garcia looks with dismay at the dry bed of the lake where he once fished for a living – a symptom of the water problems facing Mexico and its capital, one of the world’s biggest cities.
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Nation
Putting Borneo cocoa on the world chocolate map
KUALA LUMPUR: An international chocolate brand is planning to use cocoa grown in Sabah and Sarawak to produce its sweet treats in a move that proponents say would place Malaysia on the global confectionery map.
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Economy
Exports expected to continue doing well this year
PETALING JAYA: The contraction in Malaysia’s exports last month is not expected to affect the recovery of external demand for the country’s goods through 2024.
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Banking
Maybank targets long-term investors
KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects at least 20,000 customers to sign up for its new goal-based product which aims to encourage a long-term investment strategy.
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Business
Elevating the country to be a leading startup destination
KUALA LUMPUR: It is an ambitious target for Malaysia to be in the top 20 startup ecosystems in the world by 2030, given that many countries including Singapore, had a head start in this area.
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Indonesia
Tourist falls off cliff while posing for photo on volcano
A Chinese woman who was posing for photos on an Indonesian volcano known for its stunning “blue fire” phenomenon died after tripping and falling off a cliff.
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Banking
Alliance Bank’s growth likely to rise in 2024
PETALING JAYA: Even with shares of local banks trending up a fair bit, Hong Leong Investment Bank Research (HLIB Research) finds Alliance Bank Malaysia Bhd’s risk-reward profile to be tilted to the upside.
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Singapore
Spain murder suspect often went overseas
The man allegedly linked to the murder of Singaporean architect Audrey Fang regularly travelled overseas for business and to attend dance parties, said those familiar with him.
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Indonesia
Volcano alert level lowered
Indonesian authorities lowered the alert level of a remote volcano that erupted more than half a dozen times in the last week, while the nearest international airport reopened after being shuttered for days.
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Corporate News
Pasukhas CEO Wan resigns
PETALING JAYA: Pasukhas Group Bhd has announced that its chief executive officer (CEO) Wan Thean Hoe has resigned from his post effective yesterday.