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The central city’s people’s committee and the Import-Export Pan Pacific Group (IPPG) has signed a Memorandum of Understanding (MoU) on the development of an international and regional finance centre in Da Nang to attract investors in the future.
THE merger between Celcom Axiata Bhd and Digi.Com Bhd opens an interesting question of whether a similar merger of equals in the banking sector also needs to take place.
SINGAPORE: Banks are facing billions of dollars in losses after a little-known US investment firm, Archegos Capital Management, defaulted last month on margin calls, forcing a brutal near US$30bil (S$40.4bil or RM124.14bil) stock fire sale.
FORBES magazine’s World’s Billionaires List 2021 released this week revealed a record number of mega wealthy.
KUALA LUMPUR: Stocks with corporate announcements to watch for on Thursday include Nestle, Velesto Energy, Samaiden, EcoFirst, Paragon Glove, Ageson, MMHE, AirAsia and Genting Malaysia, said JF Apex Research.
But group remains cautious on its near-term prospects
KUALA LUMPUR: Genting Bhd is maintaining a cautious stance on the group's near-term prospects in the leisure and hospitality industry as the sector's outlook stays highly uncertain, but the conglomerate remains upbeat on carrying its long-term business strategies.
Perhaps the biggest development in recent years has been the trend of companies giving away top-notch games that previously might have sold for US$60 (RM248), and then persuading players to spend big bucks on upgrades to enhance their enjoyment or provide a competitive edge.
KUALA LUMPUR: A man known as “Broken Tooth”, said to be linked to fugitive businessman Datuk Seri Nicky Liow Soon Hee, is feared in the underworld as he was once the “dragon head” or kingpin of the notorious 14K triad in Macau.
News highlights from Asean countries in the Star-AseanPlus section forTuesday (March 30)