Labuan: Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government gran…
Kuala lumpur: Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.
According …
Hanoi: AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of ‘bbb+’ (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for Vietnam National Reinsurance Corporation (VINARE). The outl…
Kuala lumpur: The Bumiputera Economic Transformation Plan 2035 (PuTERA35) is a national policy that ensures fairness in strengthening Bumiputera economic participation, enabling the group to compete on a level playing field in the national economy, sa…
Manila: The Asian Development Bank (ADB) will back US$70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade and improve broadband access across Asia and the Pacifi…
Kuala lumpur: The Asian Development Bank (ADB) today launched a new financing facility to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles, and digital technology. Cal…
