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KUALA LUMPUR: The government is dishing out various tax incentives and reinvestment allowances to attract foreign direct investments (FDIs) in the quest to reinvigorate economic growth.
KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin announced a RM35bil short-term economic recovery plan, with RM10bil direct cash injection from the government, to bolster state support for the economy hit hard by the global Covid-19 pandemic.
KUALA LUMPUR: There has been an increase in the number of Hong Kong buyers looking to purchase a home at Malaysian-owned Battersea Power Station in London in the past few months as UK immigration policy could pave the way to citizenship for Hongkongers.
SYDNEY: Three years after Elon Musk took up a challenge to solve Australian power outages by building the world’s biggest battery, a Siemens AG venture wants to install even larger ones to bolster renewable investment in the nation.
JOHANNESBURG: South African farmers are increasingly turning to commercial lenders to top up their working capital as the Land and Agricultural Development Bank battles a liquidity crisis.
KUALA LUMPUR: Berjaya Corporation Bhd (BCorp) is seeking shareholder ratification of the disposal of its trust beneficial interest in Four Seasons Hotel & Hotel Residences Kyoto in Japan to Godo Kaisha Tigre for Japanese yen 50.79 billion (about RM2.06 billion).
SYDNEY: Japanese stocks drifted near their more than three-month highs on Thursday on signs of an economic rebound from a coronavirus-led slump and a weakening yen, with the rally losing steam as investors locked in profits.
KUALA LUMPUR: The government is drafting a Temporary Measures Bill to mitigate the social and economic impacts of COVID-19, said the International Trade and Industry Ministry (MITI).
WASHINGTON: The United States is expected to designate at least four additional state-run Chinese media outlets as foreign embassies, increasing restrictions on their operations on American soil, three people familiar with the matter said on Wednesday.