Thai fin ministry cuts 2021 GDP growth outlook on tourism slump

BANGKOK: Thailand's finance ministry on Thursday slashed its 2021 economic growth forecast to 2.8%, from 4.5% growth it projected earlier, after fresh waves of COVID-19 cases in the Southeast Asian nation and other countries hit tourism.

Gold falls as safe-haven appeal shifts to dollar

BENGALURU: Gold prices fell on Thursday as investors flocked to the safety of the dollar after global equity markets slipped and the Federal Reserve raised concerns about the pace of economic recovery in the United States.

Cathay Pacific raises US$870mil in convertible bonds to shore up liquidity, shares fall

HONG KONG's Cathay Pacific Airways Ltd said on Thursday it would issue HK$6.74 billion ($869.51 million) of convertible bonds to shore up liquidity, sending shares down as much as 9.4% in the worst daily decline in 12 years.

Ringgit set to shine this year

Uptrend to extend on weakening of world’s reserve currency

Petronas stays as most valuable Asean brand

KUALA LUMPUR: Petronas president and group chief executive officer Tengku Muhammad Taufik has been ranked 38th in the list of 100 best global Brand Guardians 2021 and recognised among the world’s top three O&G CEOs as well as the highest-ranked Asean CEO.

Zafrul: Boost for Wage Subsidy Programme

Govt will allocate an additional RM500mil

Hoteliers call for unified system for tourism industry

Foreign buying of S’pore private homes at 17-year low

EPF to resume counter services at KL branch on Friday

KUALA LUMPUR: The Employees Provident Fund (EPF) will resume counter services at its Jalan Raja Laut branch here on Friday.

Petronas named most valuable Asean brand for 2021

KUALA LUMPUR: Petroliam Nasional Berhad (Petronas) has retained its position as the most valuable Asean brand in the Brand Finance Global 500 report for 2021.