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Luggage tracking apps still have a long way to go
The world's biggest airlines are heavily investing in technology to give passengers the ability to track their bags when flying. The only problem is: The technology isn't foolproof.
The Week That Was: Ahead of the game
Malaysia is fast becoming an attractive spot for gaming studios and the national eSports team is gearing up for the SEA games.
Big money in hand, little hope for the Games
KUALA LUMPUR: National tennis coach Suresh Menon is having mixed feelings. A RM360,000 sponsorship from a leading real estate development company has the team buoyed but that is for the future. For now, he thinks his charges for the SEA Games are ill-prepared.
SoftBank’s 2nd fund starting life a lot smaller than the first
NEW YORK: SoftBank Group Corp has quietly completed an initial money-raising push for its second technology fund, at a fraction of its targeted US$108bil.
China’s industrial policies work. So copy them
CHINA hawks are chastising President Donald Trump’s “phase one” trade deal because it focuses on increasing US exports while ignoring Beijing’s subsidies for favoured industries. Instead of seeking to coerce China into abandoning policies that both sides agree benefit its economy, the US should seek to emulate them.
Trade tensions not affecting investments in Singapore’s startups
VENTURE capital investors are flocking to Singapore despite uncertainty around US-China trade relations, even as businesses hold back spending, according to Peter Ong, chairman of Enterprise Singapore.
Saudi Aramco seeks up to US$1.71 trillion in IPO valuation
DUBAI: Saudi Arabia put a preliminary valuation on its state-owned oil giant Aramco of between US$1.6 trillion and US$1.71 trillion, short of the US$2 trillion target set by Crown Prince Mohammed bin Salman in 2016.
Credit Suisse: Extraordinary rally can extend into 2020
LONDON: Investor appetite for risk that has sent equity markets to record highs has the potential to extend into next year, according to Credit Suisse Group AG.
Legacy of economic crises haunts housing market
KUALA LUMPUR: The impact of the mid 1980s recession and the 1997/98 Asian Financial Crisis continues to impact the housing market as a significant number of abandoned projects from that era remain unresolved decades later.
Banks see tough 2020
PETALING JAYA: With the prolonged US-China trade war and global growth moderating across developed and emerging economies, coupled with geopolitical tensions, the banking sector as a bellwether of the Malaysian economy is not being spared from a tough 2020.