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MBSB Bank, Prec ink pact to drive cashless business transactions among SMEs

MBSB Bank, Prec ink pact to drive cashless business transactions among SMEs

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PKNS Real Estate Sdn Bhd (Prec) and MBSB Bank Bhd (MBSB) have signed a memorandum of understanding (MoU) to work together. To promote cashless...
South Korea chip inventory climbs the fastest in 27 years

South Korea chip inventory climbs the fastest in 27 years

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In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...
EV-related stocks advance after Tesla gets approval to import electric vehicles into Malaysia

EV-related stocks advance after Tesla gets approval to import electric vehicles into Malaysia

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KUALA LUMPUR: Following the Ministry of International Trade and Industry’s (Miti) approval of Tesla’s application to import battery electric vehicles (BEVs) into Malaysia. The...
Crude oil prices stay muted in 1H amid altered oil flows tracking Ukraine war

Crude oil prices stay muted in 1H amid altered oil flows tracking Ukraine war

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Dated Brent prices are expected to remain relatively flat in the first half of 2023. On ample inventories despite persistent supply risks. With an...

Directors Caught plundering YNH Property assets worth RM 422 Million

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YNH Property Bhd Directors caught plundering assets worth RM 422 Million in a scam transaction to sell the company's two primary income-producing assets undervalue to the YU Syndicate-controlled company, ALX Asset Berhad. Leaked documents reveal the alleged fraudulent scheme.
New Russian offensive underway in Ukraine, says NATO

New Russian offensive underway in Ukraine, says NATO

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KYIV: Days before the first anniversary of Moscow’s invasion heavy artillery bombardment was being directed at the eastern Ukrainian city of Bakhmut. As the...
New China-Laos-Thailand train builds efficiency for China and Asean trade

New China-Laos-Thailand train builds efficiency for China and Asean trade

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BEIJING: The China-Laos Railway’s extension, the round-trip China-Laos-Thailand train, was successfully launched. Trade between China and Asean members is anticipated to gain new momentum thanks...
Malaysia not going into recession, growth set to continue in 2023: Bank Negara Malaysia Governor.

Malaysia not going into recession, growth set to continue in 2023: Bank Negara Malaysia...

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Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic...
US forces returning to Philippines to counter China threats

US forces returning to Philippines to counter China threats

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More than 30 years after the closure of its sizable bases there, the US has been taking steps to rebuild its military power in...
Hope fading as deaths in Turkey, Syria quake pass 15,000

Hope fading as deaths in Turkey, Syria earthquake surpasses 15,000

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Stretched rescue crews labored through the night in Turkey and Syria looking for signs of life. In the rubble of thousands of buildings that...
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