Barclays
Barclays cuts hundreds of jobs in Asia, exits South Korea, Taiwan
British bank Barclays is closing its investment banking units in Asian countries, namely Indonesia, Malaysia and Thailand, as well as in Australia and Russia,...
Malaysia grows 6.4% in second quarter, tops forecasts
Malaysia's economy expanded at a faster-than-expected pace in the second quarter, data released on August 15 showed, boosted by strong exports and robust consumption.
Gross...
Philippine rating upgrade ‘in 3 months’
The Philippines is expecting at least one more credit rating upgrade in the next three months, according to a research note by First Metro...
Looking East: The tourism investment angle in Southeast Asia
The Gulf states, especially Qatar, find a promising area for investment in ASEAN in the tourism sector, as a number of ventures by Qatari investment institutions have shown in the recent past.
IPIC posted lower 2010 profits
IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...
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Vietnam’s economy seen to grow 5.5% this year in case pandemic subsides
Vietnam’s economic recovery is likely to accelerate in 2022 as gross domestic product (GDP) growth is expected to rise to 5.5 per cent from...
Stories of the week
Creditors demand nearly $14 billion from struggling Garuda Indonesia
Creditors of Indonesia’s struggling flagship airline Garuda Indonesia are seeking about 198 trillion rupiah ($13.9 billion) in claims as part of the carrier’s debt...