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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.
KUALA LUMPUR: Malaysia is on track to continue leading the growth of Islamic banking in Southeast Asia, said S&P Global Ratings.
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.
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.
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).
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.
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.
Investors assured of growth despite cost questions
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.