Facing crisis, Sri Lanka to cut spending 'to the bone'

In an attempt to address the country’s worst-ever economic crisis, the prime minister of Sri Lanka says his government will be “cutting to the bone where possible.”

Zafrul: Economy in the right direction

KUALA LUMPUR: Malaysia’s economy is heading towards the right direction despite the challenging environment, especially with the expectation of a higher inflation rate, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said

Penny has her family at heart

KOTA KINABALU: For many around the world, Kota Kinabalu-born Penny Wong, Australia’s newly minted foreign minister following last weekend’s national election, is a tough-talking, hardball politician.But to her family in Sabah, Penny remains a kind, loving and protective woman – a far cry from her public persona.

Carlsberg appoints Chor as chairman

PETALING JAYA: Carlsberg Brewery Malaysia Bhd has appointed Tan Sri Chor Chee Heung (pic) as chairman of the group effective June 1, following the resignation of Datuk Toh Ah Wah from the role as chairman and independent non-executive director.

Pakistan-IMF loan talks going well, take ‘bit of time’

Exclusive-Sri Lanka's prime minister says will slash expenditure in new budget

COLOMBO (Reuters) - Sri Lanka's new Prime Minister Ranil Wickremesinghe said on Tuesday he will present an interim budget within six weeks, slashing down on infrastructure projects and re-routing funds into a two-year relief programme for the crisis-hit island nation.

Saudi Arabia finalising extension of $3 billion deposit to Pakistan -Finance Minister

DAVOS (Reuters) - Saudi Arabia is finalising the extension of the kingdom's $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters.

Global digital tax deal might not be ready until early 2024 - France

PARIS (Reuters) - A global digital tax deal might not be ready until the end 2023 or early 2024, French Finance Minister Bruno Le Maire said on Tuesday, flagging a big delay to the reform's implementation.

Introduce e-subsidy card system

From MOHIDEEN ABDUL KADER, President Consumers Association of Penang (CAP).

China’s children of the 70s come to the fore as next generation of leaders starts to emerge

China-watchers are keeping a close watch on the rise of politicians born in the 1970s, as the Communist Party’s next generation of leaders is likely to come from this group.