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CHINESE consumers are finally starting to spend again after the pandemic-induced slump, but the recovery is unbalanced and overly reliant on luxury goods, with poorer Chinese still cautious.
FRANKFURT: The Chinese economy made a relatively swift recovery after bottoming out in the first quarter of the year due to the Covid-19 pandemic, according to an article published by the European Central Bank (ECB) on Monday.
SINGAPORE: Oil pipelines, hotels, convenience stores and automaker bonds are among the assets being bought by some of the world’s biggest asset managers as they look for value in a world thrown into turmoil by the coronavirus pandemic.
BARCELONA: Development funding for efforts to tackle air pollution falls far short of what is needed in a world where nine in 10 people breathe air that is damaging their health - a problem thrown into sharp focus by the pandemic, researchers said on Monday.
DESPITE imposing one of the world’s longest and strictest lockdowns, coronavirus cases in the Philippines have now surged past 230,000, with Indonesia eclipsed as the region’s biggest outbreak.
PETALING JAYA: MyHSR Corp Sdn Bhd, the government’s project delivery vehicle for the Kuala Lumpur- Singapore High Speed Rail (HSR) project, has launched two tenders to appoint consultants for the project to assist with regulatory submissions to the relevant authorities.
KUALA LUMPUR: MyHSR Corporation Sdn Bhd is issuing two tenders for consultants to assist with regulatory submissions to the relevant authorities for the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) project.
KUALA LUMPUR: Prasarana Malaysia Bhd says it will miss its target of positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) for 2021 as it expects to incur losses of between RM200mil and RM500mil this year.
Proposals include vehicle end-of-life policy to boost sales
Economy shrank 16.5% in second quarter from a year ago