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SEA TURNS IN FIRST ANNUAL PROFIT AS E-COMMERCE PAYS OFF
Singapore-based Sea delivered its first annual profit since the internet firm’s market debut in 2017, as…
CHINA’S FX RESERVES HITS US$3.2 TRILLION
China’s foreign exchange reserves unexpectedly rose in February, official data showed on Thursday (Mar 7), even…
BITCOIN RISES TO RECORD OVER US$70,000
Bitcoin rallied to a record high on Friday (Mar 8) in volatile trade, as crypto mania…
TYCOON ON TRIAL IN VIETNAM FOR FRAUD
Truong My Lan is accused of swindling the cash from Saigon Commercial Bank, in which she owned…
MALAYSIA OPEN TO FX INTERVENTION AS MYR SINKS
Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said,…
STANDARD CHARTERED & FREIGHT AMIGO LAUNCH PRODUCT TO FACILITATE FUNDING
Standard Chartered Bank (Hong Kong) Limited and FreightAmigo have joined forces to utilize a privacy-preserving technology…
FOR GLOBAL TRADE STABILITY, SUPPORT SMEs
The confluence of recent extraordinary events such as the COVID-19 pandemic and Russia’s invasion of Ukraine…
RISING FOREIGN DIRECT INVESTMENTS, EASING WAGE GROWTH COULD BENEFIT SMES IN 2024
DBS committed to supporting SMEs across its key markets on regionalisation, sustainability and digitalisation Although the…
UOB MARKS ITS FORAY WITH MILESTONE SUKUK
UOB Malaysia successfully priced its debut RM500 million Basel III-compliant Tier 2 subordinated Islamic MTN (“Tier…
NEW FISCAL BUDGET IN MALAYSIA AND MUCH NEEDED CONSOLIDATION
Prime Minister Anwar Ibrahim’s 2024 budget points to serious roadblocks in achieving further reform. What serves…