Malaysia’s economy contracted 7.4% in 2020 due to global downturn
Q2 was the worst period for the country as the economy plunged...
Asia
Hong Kong’s Wharf secures $1.2 bn land site along with property tycoons
The 54,541 square-foot property is located in the luxurious peak area and...
Singapore Airlines defers over $4 bn on fleet delivery schedule
The development is expected to recalibrate the rate of introduction of capacity...
Dai-ichi Life to divest 17% stake of Janus Henderson
The stake sale will be carried out through an underwritten public secondary...
Thailand’s KBank plans to establish new branch in Vietnam
The bank is catering to Thailand’s wholesale clients investing in Vietnam...
Vietnam port container volumes surged 8.5% in 2020
Volume at Lach Huyen surged 661,071 TEU from 418,558 TEU, while the...
Alibaba’s Cainiao Smart Logistics to invest $645,000 for seamless delivery
The new services will comprise 1500 workers across the full chain of...
CNOOC plans to boost capital spending for 2021
According to the company, 68% of the targeted production for domestic output...
Saudi asset management to remain strong in 2021: KPMG
The Kingdom’s asset management firms held $125.6 billion worth of assets under...
Singapore eyes development through digital economy agreements
DEPA has paved the way for the city-state to create an international...