Indebted Chinese developer Evergrande calls for trading halt amid rumours of sale to rival
China’s second-largest developer has been trying to stay afloat amid liabilities of over 1.97 trillion yuan (S$415 billion) since last year.
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Indonesian podcast app takes on Spotify with local content
Home-grown audio-streaming app Noice has big plans for 2022 with users willing to spend up to two hours on podcasts.
China begins experimenting with unmanned trucks
Officials hope the driverless trucks will help revamp the logistics and industrial sector.
Asia rises to new destination for ESG investing
The region is projected to emerge as a destination for sustainability-driven investment.
Retiring Temasek CEO Ho Ching to join Temasek Trust board, take over as chairman
From April 1, she succeeds Mr S. Dhanabalan, who will remain on the board and be designated chairman emeritus.
Evergrande shares swing wildly as bondholders await word on payments
The company looked set to miss its second bond interest payment in a week.
Chinese FDI in Bangladesh sees huge jump
FDI has jumped over 200 per cent in the past seven months.
World Bank says Delta variant slowing economic growth in East Asia & Pacific
Growth forecasts have been downgraded for most countries, says the Bank.
PM Ismail unveils Malaysia’s biggest five-year development plan with $129b allocation
The plan for the period 2021-2025 focuses on nine key areas, that include social welfare, protection of workers, and addressing the needs of the poor.
HK to seize growth opportunities in 14th five year plan
The city will remain an international center for finance, commerce and trade, a report says.