ALT ALT

Business

Back to homepage

Moody’s acquires stake in MARC, strengthening presence in key ASEAN markets

KUALA LUMPUR: Moody’s Corporation has acquired a minority stake in Malaysian Rating Corporation Bhd (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk markets. The investment strengthens Moody’s presence in Southeast Asia and across domestic bond markets globally,

Read More

MIDF maintains ‘buy’ call on IJM Corp, cut TP to RM1.63

KUALA LUMPUR: MIDF Amanah Investment Bank Bhd has maintained “buy” a call on IJM Corporation Bhd (IJM) but revised its target price (TP) lower to RM1.63 from RM1.95 previously. This was after IJM secured a contract worth RM864.7 million from IJM Perennial Development

Read More

Govt ready to assist SMEs in resuming business activities

KOTA KINABALU: The government is ready to assist small and medium-sized enterprises (SMEs), including micro entrepreneurs in restarting their business activities to ensure that the country is on track to achieve its economic recovery target next year. Senior Minister cum International Trade and

Read More

Squirrel AI Learning Wins UNESCO AI Innovation Award

SHANGHAI, Aug. 7, 2020 /PRNewswire/ — Recently, the United Nations Educational, Scientific and Cultural Organization (UNESCO) granted Squirrel AI Learning the “AI Innovation Award” for the Mobile Learning Week 2020 under the theme “Artificial intelligence and Inclusion” in order to

Read More

Milliman adds J.P. Augeri to global retirement and benefits team

SEATTLE, Aug. 6, 2020 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today announced the addition of John-Paul Augeri to its global retirement and benefits team. Augeri will be responsible for providing multinational employers with comprehensive employee benefit

Read More

Thailand’s Eastern Economic Corridor Promotes Genomics Project as Center of Medical Hub

BANGKOK, Aug. 6, 2020 /PRNewswire/ — Thailand, already famed for its world class hospitals and success combating coronavirus, aims to enhance its role as a global medical hub by establishing a Thailand Genomics Sequencing Center in the country’s high-tech Eastern

Read More

Malaysian Franchise Association to hold Awards Night 2020

KUALA LUMPUR: The Malaysian Franchise Association (MFA) will be organising the Malaysia Franchise Awards Night 2020, in April 2021 in recognition of franchise participants who are developing the franchise business concept in Malaysia. Its Strategic Management general manager Wan Muhammad Zainal Wan

Read More

Facebook launches its new TikTok clone, Instagram Reels

LOS ANGELES: Facebook’s Instagram is officially launching its answer to the hit short video app — TikTok Instagram Reels, reported the Saudi Press Agency (SPA) according to AP. The new Instagram feature will let users record and edit 15-second videos with audio,

Read More

Oil prices drop on fuel demand worries as coronavirus flares up

MELBOURNE: Oil prices fell in early trade on Tuesday on concerns about fuel demand growth as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns just as major producers ramp up output. U.S. West Texas Intermediate (WTI)

Read More

With eye on China, India looks to increase barriers on imports from Asia

NEW DELHI: New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties with Beijing and a push for self-reliance. India

Read More