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CHINA'S trillion dollar asset-management market opens wider this week, forcing BlackRock Inc., Vanguard Group Inc. and other global firms to make a strategic decision: Go it alone or work with an entrenched local partner.
Stimulus package targeted at reducing people’s burden
PETALING JAYA: Pestech International Bhd has secured a US$7.34mil contract for a project in relation to the construction of Okvau Gold Mine project 230kV grid connection in Cambodia.Pestech
PETALING JAYA: Uchi Technologies Bhd expects to see a low double digit drop in revenue in US dollar terms for the financial year ending Dec 31,2020 due to the impact of Covid-19 pandemic.
KUALA LUMPUR: The second-round of economic package to cushion the impact of COVID-19 on the country should have a slight change of strategy from "stimulating" the economy to "protecting" the productive potential as both the health and economic crises worsen, said Khazanah Research Institute (KRI).
HONG KONG/SYDNEY: Australia's A$3 trillion ($1.72 trillion) pension industry was not consulted on the federal government's decision to allow the unemployed and sole traders early access to retirement savings and is now in urgent talks about the move, sources said.
SINGAPORE: OLÁ – Gamuda Land’s second development in the city state – is receiving strong response with online applications nearly double the number of its available units despite the current Covid-19 pandemic and economic uncertainties.
PETALING JAYA: Glove maker Rubberex Corp Bhd is confident of registering significantly stronger results ahead, on the back of capacity expansion plans and margin expansion from higher sales of nitrile gloves.
A recently-inked agreement may turn out to be a positive development for HLT Global Bhd.
On Jan 31 2020, the UK Crown Court published its judgment approving Airbus’ settlement with the UK Serious Fraud Office.