Philippines Q1 GDP grows 5.7% y/y
MANILA: The Philippine economy grew 5.7% in the first quarter from the same period last year, the statistics agency said…
Microsoft’s staggering investment a technological shot in the arm for Malaysia
KUALA LUMPUR: Microsoft Corp’s commitment to invest a staggering US$2.2 billion (US$1=RM4.74) in Malaysia is undoubtedly a stimulus to upgrade…
Volkswagen to establish Malaysia as export hub – Tengku Zafrul
KUALA LUMPUR: Volkswagen Group Malaysia (VGM) plans to designate Malaysia as an export hub for the Volkswagen brand, said Investment, Trade…
FBM KLCI retreats to 1,600
KUALA LUMPUR: The FBM KLCI retreated to the psychological support of 1,600 points at midday as investors took profit in…
China’s exports and imports return to growth, signalling demand recovery
BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, signalling an encouraging improvement…
Air India Express fires cabin crew over mass sick leave
NEW DELHI: Air India Express has sacked at least 30 employees, mostly cabin crew, over mass sick leave amid flight…
China’s Xi in Hungary to celebrate ‘new era’ with Orban
BUDAPEST: Chinese President Xi Jinping visited Hungary on Thursday (May 9) seeking a "new journey" with Beijing's closest European Union…
Axiata and Sinar Mas seek merger
Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas have sought permission from the Indonesian government to merge their…
Auditor casts doubt over Pharmaniaga
Pharmaniaga Bhd’s independent auditor has issued a material uncertainty that may cast significant doubt on the group’s ability to continue…