Calls to offset Malaysian ringgit’s fall
The ringgit has hit a 26-year low as emerging Asian currencies weakened against the dollar, trading at RM4.79 to the US dollar and RM3.57 to the Singapore dollar on Feb 21.
Big Picture
Singapore key exports rise 16.8% in January; fuels optimism for recovery, albeit a choppy one
The expansion in January came after a 1.5 per cent drop in December, and exceeded the 4.3 per cent growth forecast by economists polled by Bloomberg.
China’s rate cuts hold key to recovery: Experts
The experts commented after a faster-than-expected credit expansion signaled a nascent recovery in the nation's financing demand.
South Korea no longer a land of workaholics: Study
This is a dramatic decline compared with data tallied in 2002, when those who worked 50 hours a week accounted for nearly half of the total labor force at 47.9 percent and 42.6…
The ‘dragon’ boosting consumption sentiment in Hong Kong: Financial secretary
The Lunar New Year markets in all of the city’s 18 districts have seen a surge in footfall. Many of the stalls are run up by high school students, offering a variety of…
Malaysia’s biggest port considers new investors for $11 billion expansion
The company is also looking at a dividend reinvestment plan and borrowing to help fund the expansion of the facility in Klang.
Hong Kong issues the world’s first multi-currency digital green bond
The two-year digital green bonds were offered in Hong Kong dollars, renminbi, US dollars and euros under the Government Green Bond Programme. The launch comes as part of efforts…
Samsung Biologics, LegoChem team up to develop new targeted cancer drugs
LegoChem Biosciences, founded in 2006, specializes in research and development capabilities in therapeutics, especially with a focus on ADC technology and synthetic drugs.
China’s regulation to control carbon trading unveiled
Carbon trading allows companies to buy and sell permission to release a specific amount of carbon dioxide, helping them manage emissions better and encouraging efforts to reduce…
China’s trade in services making inroads to world
Acceleration of the global value chain's restructuring has already led to an increased prominence of services segments, such as innovation, finance, logistics, marketing and…