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Nine famous US franchising companies are looking for business opportunities and expansion into Cambodia to build a footstep for a strong foundation in South-East Asia.
In currencies, the Australian dollar dropped 0.5% to $0.7712 after China's state economic planner said it had decided to "indefinitely suspend" all activities under the China-Australia Strategic Economic Dialogue.
According to the Malaysian Palm Oil Association (MPOA) CEO Datuk Nageeb Wahab, while the government has approved the return of 32,000 foreign workers to the estates in tranches, the progress has been slow.
The acquisition of Mah Sing Group Bhd’s latest parcel of land is expected to strengthen its development portfolio within the Klang Valley’s key growth corridors.
BENGALURU: Indian shares gained yesterday, led by heavyweight financials, as the central bank rolled out a series of measures to support the coronavirus-ravaged economy, including allowing certain small borrowers more time to repay loans.
PETALING JAYA: KLCC Real Estate Investment Trust’s (KLCC REIT) premium asset quality and its stable office segment due to its location will continue to support the trust’s market value, moving forward, in these uncertain times.
Khazanah Nasional Bhd returned to the US dollar Sukuk market where its dual-tranche offering attracted strong demand across Asia, Euope and the Middle-East.
NEW YORK/LONDON: World equity indexes slid and U.S. Treasury yields fell on Tuesday as low trading volume, a lull in economic news and lack of a catalyst to lift stocks higher sparked a sell-off by investors worried further upside in markets is limited.
WASHINGTON: U.S. Treasury Secretary Janet Yellen (pic) said on Tuesday she sees no inflation problem brewing, downplaying earlier comments that rate hikes may be needed to stop the economy overheating as President Joe Biden's spending plans boost growth.