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China to establish three new pilot free trade zones
BEIJING, Sept 21 (China Daily/ANN): China released plans for three new pilot free trade zones in Beijing, Hunan and Anhui on Monday to further facilitate its high-level opening-up and boost high-quality growth through deeper reforms, according to the State Council.
Brunei economy continues to grow by 2.8% in Q2 2020
BANDAR SERI BEGAWAN, Sept 21 (Borneo Bulletin/ANN): In Q2 2020, Brunei Darussalam’s gross domestic product (GDP) at current prices was estimated at BND4 billion compared to BND4.8 billion in Q2 2019.
Malaysia’s GDP to shrink 6% this year, rebound next year
KUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics.
US-China rivalry in the South China Sea has the Philippines at its core, observers say
HONG KONG, Sept 21 (SCMP): Beijing and Washington know the value of Manila’s and its mercurial leader Rodrigo Duterte’s support, and they are willing to pay handsomely to get it. Despite the Philippines pivoting closer to China in recent years, its ties with long-standing ally America on security issues remain ‘resilient’, says analyst Richard Heydarian
ANALYSIS: Why US won't 'decouple' from China in finance
Does the United States really want to decouple from China in the financial industry? Presumably, the answer is "No".
Trump celebrates TikTok deal that falls short of his key demands
The TikTok video-sharing app was already under US scrutiny when users pranked President Donald Trump’s campaign by pretending to reserve thousands of tickets to a June re-election rally in Oklahoma.
Indonesian president assigns senior minister to contain surging Covid-19 issues
JAKARTA, Sept 21 (Xinhua): Indonesian President Joko Widodo has assigned Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan to tackle the Covid-19 pandemic in the country in addition to the recent establishment of a national committee on pandemic mitigation and economic recovery.
China’s middle-class dream of a second home in Malaysia dashed by coronavirus and geopolitical tensions
HONG KONG, Sept 21 (SCMP): Many Chinese people have left Malaysia, opting to sell their homes remotely rather than wait to see when and if they will be allowed to returnIndividual Chinese investors are often unprepared – both financially and psychologically – for the risks of overseas investment, expert says
RAM assigns environ benefit ratings to Cagamas’ Sukuk
KUALA LUMPUR: RAM Sustainability Sdn Bhd has assigned environmental benefit (EB) ratings to the proposed Asean sustainability bonds/SRI Sukuk to be issued under Cagamas Bhd’s RM60bil MTN & IMTN programme.
Report: Hackers aimed at manufacturing firms during pandemic
Companies in as many as 27 different industries fell victim to the hackers, nearly double the number of industries that were targeted in all of 2019, CrowdStrike said in a report.
