Mega First Corporation Bhd reported first quarter net profit of RM57.40mil, boosted by energy sales revenue from the Don Sahong project in Cambodia which was completed in early of the fourth quarter …
What will Torstar’s future be? Jordan Bitove and Paul Rivett speak about their plans for the company
You can’t grow revenue on the back of cuts.” Torstar’s acquirers say they hope to bring new revenue sources and partners to the business — and find …
COVID-19 destroys almost half a million tourism jobs in Sri Lanka
Big tourist companies demand more funds to revive their businesses, not out of sympathy for workers, but to boost profits.
Sri Lanka’s Foreign Policy is Non-aligned, Both India and China are Valued Friends: PM Mahinda Rajapaksa
In an exclusive interview, the Sri Lankan PM asserted that Tamil people want prosperity and peace, not a separate homeland, and asked Tamil politicians to realise that a separate state is just not …
Sri Lanka- No pressure from Ministry on private schools
By Vyshnavy Velrajh The Education Ministry says it can only request and not put pressure on private schools with regards to the payment of term fees. Minister of Education Dullas Alahapperuma told the …
AI robots, automated popcorn dispensers: Cinemas in South Korea go contactless
As South Korea continues to loosen its social distancing guidelines amid the COVID-19 pandemic, hard-hit movie theaters are trying to find ways to lure customers back.
Labuan IBFC Market Performance for 2019: 30 Years of Intermediating Asia – Embracing Business Innovation & Digitalisation
In 2019, the Labuan International Business and Financial Centre (Labuan IBFC) remained resilient in the face of challenges in the global market. The Centre maintained its growth in key business sector …
Turkey Central Bank Short-Term FX Borrowing Tops Record in April
(Bloomberg) — The Turkish central bank brought its short-term borrowing of hard currency from local lenders to a record as it looked to boost international reserves after an effort to defend the lira …
‘Pakistan receives large-scale orders for face masks from US, Canada and Europe’
It’s part of our strategy to diversify into new segments and this has been achieved by the exporters through their own efforts, says PM’s aid on commerce …
Indonesia’s Virus Deaths Near 1,500 Amid Plans to Exit Lockdown
The death toll from coronavirus pandemic in Indonesia neared 1,500, the highest in Southeast Asia, as officials weighed plans to relax social distancing measures and reopen the economy.