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KUALA LUMPUR: Solid fundamentals built over the years have accorded Malaysia some resilience to deal with COVID-19 shocks, says Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
BUDGET 2021 will be presented at a time of uncertainty on revenue collections and continued high expenditure for 2021 leading to fiscal slippage. If the goal is to focus entirely on keeping the economy and domestic demand afloat, what should the Finance Minister do?
SINGAPORE: A day after the National Wages Council issued fresh guidelines on pay, tripartite partners followed up with an updated framework for retrenchments signalling that the job situation ahead remains grim.
ZURICH: UBS on Tuesday posted a 99% jump in third-quarter profit on heavy turnover in global markets, helping the bank to a strong performance in investment banking as well as an unexpected rise in earnings for wealth management.
KUALA LUMPUR: Alliance Islamic Bank Bhd has expanded its Halal in One ecosystem by inking a Memorandum of Understanding (MoU) with Halal Development Corporation (HDC), Halnex Sdn Bhd (Halnex), and Halal Street UK.
PETALING JAYA: E-wallet providers have to work together to move the industry towards inter-wallet operability where money credits can be moved between different e-wallet operators, according to Boost chief executive officer Mohd Khairil Abdullah.
HONG KONG: Major Wall Street banks in India raked in their second-highest fee income since the global financial crisis in the first nine months of this year, benefitting from a flurry of private-sector deals despite the coronavirus pandemic.
Measures needed to mitigate the impact of the slowdown on businesses