Newsfeed – Business News
How oil prices, capital flight and weak currencies are creating a perfect storm in Asia
SINGAPORE, May 21 — Asia’s policymakers are taking increasingly urgent and unusual steps to shore up their economies on the front line of the global energy supply shock, with currencies […]
Volvo faces legal action in Thailand over battery fires in EX30 SUVs
BANGKOK, May 21 — Thailand’s consumer watchdog will file a civil suit against the local unit of Volvo Cars over battery-related fires in its EX30 model, a senior official told […]
Construction costs in Malaysia rise up to 15pc as diesel prices bite, says contractors group
KOTA BHARU, May 21 — The increase in diesel prices has affected the construction industry, with building material costs currently rising by between 20 and 30 per cent, said the […]
Miti ramps up aid for Malaysian firms hit by global supply disruptions
KUALA LUMPUR, May 21 — The Ministry of Investment, Trade and Industry (Miti) and its agencies continue to prioritise the stability and competitiveness of Malaysian industries facing the current global […]
Malaysia and China sign new port agreements to boost supply chain resilience
PUTRAJAYA, May 21 — Malaysia and China continue to strengthen maritime cooperation following the signing of several memoranda of understanding (MoUs) between ports from both countries at the China-Malaysia Port […]
DOSM: Malaysia’s labour productivity rises 4.8pc in Q1 2026
PUTRAJAYA, May 21 — Malaysia’s labour productivity stood at RM45.5 per hour worked in the first quarter of 2026, growing by 4.8 per cent compared with 5.8 per cent in […]
Matrade: Malaysia’s trade reaches historic RM1.127t in January-April 2026
KUALA LUMPUR, May 21 — Malaysia’s total trade rose 15.3 per cent year-on-year (y-o-y) to RM1.127 trillion in January-April 2026, driven by surging demand for high-growth, high-value (HGHV) products and […]
Zuckerberg says Meta is building the future — after laying off 8,000 workers
NEW YORK, May 21 — Meta began laying off roughly 8,000 employees yesterday — about 10 percent of its global workforce — as co-founder and Chief Executive Mark Zuckerberg pushes […]
Bursa opens higher as traders breathe easier over Middle East tensions
KUALA LUMPUR, May 21 — Bursa Malaysia opened higher on Thursday, tracking overnight gains on Wall Street amid optimism after the United States signalled that the conflict with Iran could […]
Samsung union says South Korea strike on hold ‘until further notice’
SEOUL, May 21 — Samsung Electronics workers’ union said late yesterday that a planned strike had been put on hold until further notice after negotiations with management resumed with the […]