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Japan cabinet okays bill to ratify RCEP trade deal
TOKYO (Xinhua): Japan's cabinet on Wednesday (Feb 24) gave the green light for a bill to ratify a free trade deal (FTA) signed last year by 15 Asia-Pacific countries.
Kenanga maintains 'outperform' on DRB-Hicom
KUALA LUMPUR: Kenanga Research maintained its "outperform" recommendation on DRB-Hicom Bhd as the latter's earnings results came within forecasts.
‘Public must remain vigilant to avoid falling prey to scammers’
PEOPLE are still falling prey to scams despite the high number of reports on the topic being disseminated every day.
Klarna valued at US$31bil after latest fundraising
STOCKHOLM: Klarna Bank AB is raising funds valuing the Swedish fintech startup at around US$31bil, roughly tripling the company’s valuation after its most recent round in September.
Couriers reaped rich harvest in January
BEIJING: January has proved to be a big month revenue-wise for China’s major listed companies specialising in courier, delivery or logistics services.
New law to stem money laundering, terrorism financing
THE country will approve a regulation to stem money laundering and terrorism financing by requiring fintech players to report suspicious transactions.
Strong demand for steel products powers Prestar’s earnings
KUALA LUMPUR: Steel products and equipment maker, Prestar Resources Bhd’s net profit jumped 400% to RM15.76mil in the fourth quarter ended Dec 31,2020 and remains upbeat for this year due to strong demand for its products.
Hong Kong hikes share trading tax, stock plunges despite record profit
HONG KONG: Hong Kong said on Wednesday it would increase the tax on stock trading in the global financial hub, sending shares in the city's stock exchange operator tumbling, even as it posted record profits due to high trading volumes.
Indonesia launches 'priority list' to jack up investment in key industries
JAKARTA (The Jakarta Post/ANN): The government has issued a regulation containing a so-called priority list that promises potential investors fiscal and nonfiscal incentives and scraps some restrictions on foreign investment to spur inflow of investment to the recession-hit country.
RCEP offers Vietnam opportunity to expand agricultural exports
HO CHI MINH CITY (Vietnam News/ANN): The Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said.