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Affin Bank shareholders give the nod to AHAM divestment
KUALA LUMPUR: Affin Bank Bhd shareholders have given the nod to the proposed divestment of seven million shares, or 63 per cent equity interest, in Affin Hwang Asset Management Bhd (AHAM) by Affin Hwang Investment Bank Bhd to Starlight Asset Sdn Bhd for RM1.417 billion.
S&P: Malaysia to continue leading Islamic banking growth in southeast Asia
KUALA LUMPUR: Malaysia is on track to continue leading the growth of Islamic banking in Southeast Asia, said S&P Global Ratings.
Exclusive-Two senior Grab executives quit as company rejigs unit to stem losses - sources
SINGAPORE - Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.
S.Korean Naver's robotics ambitions challenged by 5G on-the-ground realities
SEONGNAM, South Korea (Reuters) - On weekdays, South Korean tech company Naver Corp's new headquarters near Seoul resembles a scene straight out of a science-fiction movie, with some 40 robots ambling across floors and delivering parcels and Starbucks coffee to humans.
Latex goods account for 83.1% of total exports for rubber products in Q1 2022
KUALA LUMPUR: The rubber export performance for the first quarter (Q1) of 2022, witnessed latex goods accounted for 83.1 per cent of total exports of rubber products, with the gloves subsector remaining as the largest export revenue generator for the rubber industry, said Malaysian Rubber Council (MRC).
Food crisis fuels fears of protectionism compounding shortages
DAVOS, Switzerland (Reuters) - A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said.
WHO says monkeypox 'containable' as more govts start limited vaccinations
GENEVA (Reuters) -The outbreak of monkeypox cases outside of Africa can be contained, the World Health Organization said on Tuesday, as more governments said they would launch limited vaccinations to combat rising infections of the virus.
Lebanese currency sinks to new record low
BEIRUT, May 24 (Xinhua) -- The Lebanese pound on Tuesday sank to a new historic low on the parallel market amid the country's unprecedented financial crisis, local media reported.
JPMorgan ups forecast amid expenditure queries
Investors assured of growth despite cost questions
Singapore importers worry supply delays will still occur
PETALING JAYA: Chicken importers in Singapore have expressed concern over sourcing birds from other countries after Malaysia banned the export of chicken from June 1.
