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Washington: The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the International Monetary Fund (IMF) and World Bank, with concrete proposals expected in time for a global climate summit this fall.
ONE of the biggest challenges that Malaysia has been grappling with over the past year is the spike in unemployment rates, a situation that was made worse by the Covid-19 pandemic.
JAKARTA: Indonesia’s Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd, a blank-cheque firm backed by billionaires Richard Li and Peter Thiel, according to people familiar with the matter.
PETALING JAYA: Lestari Capital has launched the Rimba Collective, an initiative with the aim of delivering US$1bil (RM4.14bil) to forest protection and restoration in South-East Asia over a 25-year duration.
THE Asean Plan of Action for Energy Cooperation, the framework of energy cooperation in the region, stipulates the aspirational targets of achieving 23% renewable energy share in the total primary energy supply and 32% energy intensity reduction by 2025.
PETALING JAYA: The Securities Commission (SC) is investigating a syndicate suspected of unlicensed investment schemes that had duped hundreds of investors of over RM7mil.
KUALA LUMPUR: The Securities Commission Malaysia (SC) is investigating a syndicate suspected of running five unlicensed investment schemes, including two clone firm schemes, that
KUALA LUMPUR: Top Glove Corp Bhd is looking forward to working with the US Customs and Border Protection (CBP) to resolve the allegation of forced labour practices in a swift manner following the latter’s latest move that directed its ports to seize goods from the manufacturer.
KUALA LUMPUR: The US Customs and Border Protection (CBP) has directed personnel at all US ports of entry to begin seizing disposable gloves produced by Top Glove Corp Bhd in Malaysia.