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KUALA LUMPUR: Malaysia is exploring the possibility of bailing out domestic airlines that have been hit hard by the coronavirus outbreak, according to people with knowledge of the matter.
On Jan 31 2020, the UK Crown Court published its judgment approving Airbus’ settlement with the UK Serious Fraud Office.
NEW DELHI: India is planning to offer 324 companies including Tesla Inc and GlaxoSmithKline Plc incentives to set up factories in the South Asian nation in a bid to capitalise from the trade war between China and the US, according to a document seen by Bloomberg.
STICKY issues surrounding a RM2bil bond issued by Bandar Malaysia Sdn Bhd when it was under the purview of 1Malaysia Development Bhd (1MDB) are said to be the main point of negotiations between the government and its prospective new controlling shareholders.
SINGAPORE: Singapore’s economy probably hasn’t slid into recession yet, though the government is monitoring conditions closely and will step in with support measures if needed, said Indranee Rajah, Minister in the Prime Minister’s Office.
MUMBAI: India’s path to economic recovery faces another obstacle, with Prime Minister Narendra Modi asking the state road builder to stop constructing highways after its debt ballooned almost seven-fold over the past five years.
SINGAPORE: Governments in Asia are seeking to tap private investment for the region’s substantial infrastructure needs as the current rate of public financing is “insufficient and unsustainable, ” said Indranee Rajah, Singapore’s second minister for finance and education.
MUMBAI: Confusion over India’s plans for a US$10bil overseas bond sale is getting worse with each passing day, frustrating investors.
LONDON: Former Reserve Bank of India governor Raghuram Rajan has indicated the political challenges posed by Brexit were the reasons he didn’t apply to head up the Bank of England.
KUALA LUMPUR: The cargo division of Malaysia Airlines Bhd, MAB Kargo Sdn Bhd (MASkargo) is ready to tap into the global halal market worth US$2 trillion per annum, now that its halal shipments handling capability has received the Malaysian Halal certification.