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NEW RIVAL FOR AIRASIA
AirAsia will soon have to compete with a new Malaysia-based low cost carrier, MYAirline, which plans…
MOODY’S UPBEAT ON MALAYSIA’S ISLAMIC BANKING PROSPECTS
Malaysia’s Islamic finance industry is expected to grow faster than conventional banking with growth driven by…
OCBC BANK USES DIGITAL TOOLS AND ANALYTICS TO HELP SMEs OBTAIN BETTER BUSINESS OUTCOMES
Small and medium sized enterprises have accelerated their digital transformation through the Covid-19 pandemic. Tan Chor…
STRONG USD HURTING EMERGING ECONOMIES
The dazzling rise of the US dollar, which has hit one record after another, is raising…
MALAYSIA RAISED ALMOST US$2 BILLION VIA SRI SUKUK BETWEEN 2015-2021
Malaysia has raised close to US$2 billion (RM9.2 billion) via 21 sustainable and responsible investment (SRI)…
SATS ACQUIRES FRANCE’S WFS FOR US$1.15 BILLION
Singapore-based ground handling services firm SATS is acquiring Paris-based Worldwide Flight Services (WFS) for US$1.15 billion (S$1.65…
HEDGE FUNDS IN TODAY’S BEAR MARKET SIGNIFICANTLY OUTPERFORM EQUITIES
Hedge funds have provided their best downside protection in the ongoing bear market, as a proportion…
GBP SINKS AS USD SOARS
Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook. As the British…
GRAB AIMING FOR 2024 PROFITABILITY
Grab Holdings Ltd. expects revenue to slow sharply as the Southeast Asian internet giant targets profitability…
CHINA INTERVENES IN RMB & RAISES FX RISK RESERVE RATIO
China’s central bank on Monday (Sep 26) announced steps to slow the pace of the yuan’s…