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SINGAPORE (The Straits Times/ANN): An excess of $370 million in wage support was erroneously paid out last year, after the Government used the wrong dates to determine the amount that 5,400 companies should get.
PETALING JAYA: Besides the now well-priced in factor of an improving economy, Affin Bank Bhd has another factor going for it in the form of its subsidiary’s pending initial public offering (IPO).
KUALA LUMPUR: It’s bad enough that ikan kembung, the so-called poor man’s fish, has become pricey with local supplies depleting.
ALBERTA: Enbridge Inc’s push into new frontiers of the energy transition such as carbon capture and clean hydrogen production could use Canadian tax credits similar to those in the US, the company’s CEO said.
IPOH: Lorry drivers who were blacklisted after being forced to carry excess loads by their employers should be given a second chance by the government, says a social welfare non-governmental organisation.
KUALA LUMPUR: The ringgit was higher against the US dollar at opening on Tuesday, lifted by buying support for the local currency, while the greenback is weakening through the global risk-on channel as foreign exchange traders sell the dollar and put more money to work outside of the US.
Trade ministers from the Group of 7 (G7) – the United States, Germany, Britain, France, Canada, Italy and Japan – on Wednesday pledged collective action against “harmful industrial subsidies” without naming China directlyChina responded by saying it “won’t accept any accusation” of its trade practice as it “has always honoured its commitments” since it joined the World Trade Organization (WTO) at the end of 2001