Pos Malaysia Bhd narrowed its losses in the first quarter on higher postal rates and a booming parcel delivery business. Net losses in the three months ended March 31 was RM49.2mil compared with …
Covid-19 creates new billionaires in Malaysia, Thailand
Malaysia, a country that produces about 65% of the world’s supply for rubber gloves, now counts at least four billionaires whose fortunes were made in the industry.
How demand for medical gloves made Malaysia’s new billionaires
Malaysia, a country that produces about 65 per cent of the world’s supply for rubber gloves, now counts at least four billionaires whose fortunes were made in the industry, including two new ones this …
Iraq cuts July Basra crude exports to Asia to comply with OPEC cuts
Iraq, which has been lagging behind its target, had already taken measures to further reduce its output and exports in June. For July, Iraq’s Basra crude supply cuts in Asia range …
Investors challenge Myanmar govt over VFV land law
An existing policy requiring mineral exploration permit applicants to obtain land grants could deter investors and “kill off” foreign investments in mineral exploration in Myanmar.
India-Myanmar aim to deepen and expand trade post COVID-19
Myanmar is seen by some business people as the last trade frontier to conquer in Southeast Asia, maybe even Asia.
Myanmar Times Cites Asia Foundation Survey on Business Impact of Covid-19
Myanmar Times cites data from The Asia Foundation’s latest national survey, Myanmar Business Environment Index: Covid-19 Impact on Business, assessing the pandemics impact on businesses across the …
Defying Trump, Iran aims to offload gasoline glut to Venezuela
Iran has since April sent five tankers totalling about 1.5 million barrels to the leftist government of fuel-starved Venezuela …
Post-Lockdown Turkey Snapshot Shows Economic Damage Hard to Undo
Once the growth engine of Turkey’s $750 billion economy, consumers are setting their sights lower in the post-lockdown era.
Cricket-Pakistan’s Hafeez to delay retirement if T20 World Cup postponed
LAHORE, Pakistan, June 16 (Reuters) – Pakistan all-rounder Mohammed Hafeez says he will delay his retirement if this year’s Twenty20 World Cup is postponed because of the coronavi …