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Indonesia launches 'priority list' to jack up investment in key industries
JAKARTA (The Jakarta Post/ANN): The government has issued a regulation containing a so-called priority list that promises potential investors fiscal and nonfiscal incentives and scraps some restrictions on foreign investment to spur inflow of investment to the recession-hit country.
Dutch Lady hopes vaccination programme will be catalyst for economic rebound
KUALA LUMPUR: Dutch Lady Milk Industries Bhd is hoping to see a rebound in the Malaysian economy with the roll-out of the national COVID-19 vaccination programme.
Denso Malaysia invests RM160m in advanced semicon production
KUALA LUMPUR: Japan’s Denso Corporation is investing RM160mil to expand the production capacity of its automotive semiconductors in Malaysia.
Japan's emperor calls for more effort to stop suicides as 'Minister of Loneliness' starts work
TOKYO (The Straits Times/ANN): Japan's struggle with suicide has been well-documented even as deaths due to suicide had been declining for 11 straight years until Covid-19 hit.
Healthcare bore brunt of cyberattacks in 2020, study says
The global health care and pharmaceutical industries bore the brunt of cyberattacks in 2020 as nation-state hackers and criminals targeted companies looking for information on Covid-19 as well as vaccine development, cybersecurity research firm CrowdStrike said in a report made public Monday.
Investors jolted by sinking Bitcoin, Tesla and other market favorites
LONDON/NEW YORK (Reuters) - Bitcoin, shares of Tesla and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check.
Analysis: Gambling sponsor ban adds to Spanish clubs' pain
BARCELONA (Reuters) - A looming ban on gambling sponsorship will put renewed financial pressure on Spanish football clubs and could lead to a drop in sponsorship rates across the board while increasing the wealth gap between sides, experts have told Reuters.
Reliance to spin off O2C ops with US$25bil loan
MUMBAI: Reliance Industries Ltd (RIL) has started carving out its new oil-to-chemicals (O2C) operation into an independent unit with a US$25bil loan from the parent, as billionaire Mukesh Ambani steps up efforts to unlock the value of his businesses.
Brazil’s Vale bullish on conditions in China
RIO DE JANEIRO: Brazilian mining company Vale SA said it will continue investing in China and further expand its presence in the country, which has been witnessing an ever increasing share of the global mining giant’s total sales.
