Stress test predicts profitability resilience for banks
The capital ratio of Malaysia’s banking system will remain above the regulatory minima, with sufficient high-quality liquid assets to meet…
Belmond riding tourism resurgence
Belmond, a luxury travel brand under the umbrella of French luxury giant LVMH, says it has seen a growing volume…
For US$300mil, Razon settles row with former Solaire manager
After a decade-long legal battle, Bloomberry Resorts Corp has ended its dispute with casino-management firm Global Gaming Philippines LLC (GGAM),…
Subsidy reforms needed although painful
The implementation of subsidy reforms in Malaysia, particularly where fuel is concerned, have become a sore topic for many as…
The Netherlands to assist Vietnam in sand mining
Natural Resources and Environment Minister Dang Quoc Khanh on March 18 had a working session with visiting Dutch Minister of…
Equinor spends US$6bil a year to keep Norway oil and gas steady
Equinor is investing around US$6bil a year in oil and gas exploration and drilling in Norway to maintain steady output…
Investors, economists split on whether BoJ will raise rates again
Now that Japan has increased interest rates for the first time since 2007, investors and economists are divided over how…
Economy likely to grow by 4% to 5% this year
The country’s growth will be driven mainly by resilient domestic expenditure, with additional support emanating from the expected recovery in…
Networks key to meeting higher energy demand
China should continuously develop urban and rural power distribution networks to ensure a more reliable and efficient energy supply, at…