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CREDIT Suisse Group AG agreed to pay almost $475 million to resolve multiple investigations into its role in a fundraising scandal that saw hundreds of millions looted from Mozambique and tipped the country into economic crisis.
Li Dong is busy these days decorating his new barbecue restaurant in a northern Pearl River Delta community that is rumbling back to life two years after Samsung closed its smartphone factory that had operated there for almost three decades.
There is strong demand for tugboats in Indonesia
Local shipbuilders appeal to fishermen to look at local shores first when it comes to ordering new boats. They are just as good as any foreign players out there, says the country’s shipbuilders association.
Singapore is shortening the quarantine period for travelers entering the city-state and further easing arrival rules for some countries in the latest move to reopen its borders.
PETALING JAYA: Favelle Favco Bhd’s strong order book is expected to sustain the group’s earnings in the second half of 2021.
PETALING JAYA: Favelle Favco Bhd’s net profit jumped by almost 79% year-on-year (y-o-y) in the second quarter ended June 30, 2021, driven by stronger sales.
KUALA LUMPUR: Crane manufacturer Favelle Favco Bhd said earnings jumped 79% in the second quarter on higher revenue.
Shipbuilder Wison (Nantong) Heavy Industries Co has been commissioned to build the hulls for two floating plants for state-run RosatomThe two countries have been steadily developing political and economic ties, with energy a key area of cooperation