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TEHERAN: Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
CARACAS: Venezuela has reached a deal with the U.N. Development Programme (UNDP) to destine part of its gold in Bank of England accounts toward the purchase of food and medicine during the coronavirus pandemic, its central bank governor said on Wednesday.
ABUJA: Nigeria impounded a plane operated by a British company for allegedly contravening a flight ban imposed to prevent the spread of the coronavirus, the aviation minister said on Sunday.
LEE Yeet Chuan is the special officer to Proton chief executive officer Dr Li Chunrong but he holds another job as the head of the new energy management (NEM) department.
Venezuela's oil exports ticked higher in April after falling in March to their lowest average in seven months, helped by new trading partners that were re-selling cargoes in Asia, according to documents from state-run PDVSA and vessel tracking data.
KUALA LUMPUR: GroupM hosted a virtual roundtable on Business Unusual – A Look at Life After Covid-19 to share key learnings from their clients working across critical business verticals on how they are currently navigating businesses in such unusual times.
CARACAS: Chevron Corp will be forced to effectively wind down its operations in Venezuela, dealing the Maduro regime’s crumbling oil industry another blow as US President Donald Trump manoeuvres for regime change in the Latin American nation.
MALAYSIA’S RM66bil construction sector could not afford further delays to the long-promised mega infrastructure projects.
PETALING JAYA: Companies in Malaysia have been battered by the coronavirus disease (Covid-19) pandemic and this has led to the Securities Commission (SC) introducing further relief for public-listed companies in its commitment to ensure continued access to fundraising.
KUALA LUMPUR: Retail investments in the equity market are expected to increase this year, especially with online account activation currently exceeding 10,000, said Securities Commission’s Market and Corporate Supervision executive director, Kamarudin Hashim.