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Posted on September 29, 2020

WB lowers Malaysia’s 2020 growth forecast to -4.9 pct

The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected ... ( read original story ...)

Posted on September 29, 2020

South Korea’s KT Corp. to Enter Thailand’s IDC Market

South Korea's largest telecommunications company, is expanding its strategic partnership with Thailand's Jasmine Group as part of efforts to explore growing business opportunities in the Southeast ... ( read original story ...)

Posted on September 29, 2020

Qatari investments in Turkey stood at $22bn in 2019, says Turkish union of chambers official

Qatar’s investments in Turkey stood at $22bn last year, an official of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) stated during the "Qatari-Turkish Business Forum" hosted virtually ... ( read original story ...)

Posted on September 29, 2020

Greece Says ‘No Way’ to Demilitarized Islands Amid Turkey Tension

Greek Alternate Foreign Minister Miltiadis Varvitsiotis talks about tensions with Turkey and the Greek government seeks a dialog between the countries without military on the ground. He speaks on ... ( read original story ...)

Posted on September 29, 2020

Armenians Fear Turkey Is Back to Finish Off the Genocide

The foreign minister of a disputed region on the Armenia Azerbaijan border says his comrades in Armenia may have to call on Putin to facedown the Turkish-backed forces. ( read original story ...)

Posted on September 29, 2020

Cargill Philippines allots P20 million for COVID-19 food security relief efforts

“Despite the restrictions brought about by the efforts to mitigate the effects of the pandemic on public health and safety, we have kept our operations going across all our business units,” he added. ( read original story ...)

Posted on September 29, 2020

World Bank sees worse turnout for Philippines

The World Bank expects a deeper economic contraction for the Philippines this year and a slower recovery by next year as the country fails to control the COVID contagion despite repeated lockdowns. ( read original story ...)

Posted on September 29, 2020

Japan: Lawyers and Big Business in the Land of No Lockdown

Law firms have faced unusual pandemic challenges in Japan, according to local leaders at Freshfields, Baker McKenzie and Nishimura. ( read original story ...)

Posted on September 29, 2020

Martin Sorrell says U.S.-China ‘cold war’ is bogging down business, dismisses Big Tech break-up

S4 CEO Martin Sorrell says the bifurcation of U.S. and China relations around technology concerns is hindering global business. He also trashes former employer WPP's efforts around simplification as ... ( read original story ...)

Posted on September 29, 2020

Crown prince becomes oil-rich Kuwait’s new ruling emir

Kuwait's Crown Prince Sheikh Nawaf Al Ahmad Al Sabah became the oil-rich nation's new ruling emir Tuesday night, state media reported, reaching the highest post in the country after decades in its ... ( read original story ...)

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