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 …
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.
‘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 …
China plays up business opportunities amid increasing U.S. protectionism
Chinese Premier Li Keqiang used a key meeting at the National People’s Congress on Thursday to emphasize the opportunities China offers to foreign businesses, in the wake of the coronavirus shock.
ASX pulls back from early highs, still ahead 1.4pc
The ASX 200 was last up 1.4pc, having climbed by as much as 2.5pc in early trade Financials were again strong, adding as much as 4.5pc before easing The ASX was keeping pace with the Nikkei, and …
Malaysia’s LNG exports in May set to drop to lowest since mid-2018 -data
Malaysia’s exports of liquefied natural gas (LNG) are set to drop to their lowest since mid-2018 as producers globally are pressured to cut production amid record low spot prices of the super-chilled …
Iraq’s Oil-Rig Count Tumbles
(MENAFN – Iraq Business News) By John Lee. Iraq’s oil-rig count has reportedly fallen by almost two-thirds this year. Iraqi sources told S & P Global Platts that the total now averages 32 rigs …
Filinvest and ‘Plug and Play’ form alliance to accelerate digital innovations in the Philippines
Leading Philippine conglomerate Filinvest Development Corporation and Plug and Play, considered the foremost global innovation platform, join forces to fuel innovations in property and real estate …
Online sales: A vital business mode
Small and medium-sized enterprises are now facing great difficulties due to the pandemic, but various online sales platforms have provided them with new opportunities. More and more companies of …