Tuesday, May 18, 2021

business

RM400 million funds pour into local stocks, bucking trend since 2019

This is significant for Malaysia as foreign investors turn into net buyers after a year which saw billions of dollars pulled out.

Now, China denies mulling US$1 billion fine for Alibaba

Alibaba spokesman says if the news is not on its website, it's not true.

China eyeing near-US$1 billion monopoly fine for Alibaba, report says

The penalty could top the US$975 million paid by US chipmaker Qualcomm in 2015.

Britain launches competition probe into Apple’s App Store

The Competition and Markets Authority says it will examine Apple's position regarding the distribution of apps on its iPhones, iPads and other devices in Britain.

Malaysia remains among freest economies, improves in integrity, says US index

The Heritage Foundation places Malaysia in the 'Mostly Free' category, hailing its anti-corruption plan.

Disabled man turns to loan sharks after losing his stall

With no other way to support his family, Murugan Raju is struggling to repay his debt amid threats from 'ah long'.

Singapore rolls out new budget boost for virus-hit businesses

The latest package of financial aid is on top of the nearly S$100 billion rolled out last year.

For buskers, moving online means 70% drop in income

While going digital may have saved many businesses during the MCO, performing online doesn't cut it for some.

Putrajaya eyes high-quality investors as it seeks to reverse impact from global FDI drop

Some 240 high-profile foreign projects worth over RM80 billion are being eyed, with more than half to be implemented in the coming year.

‘Pasar malam’ back with very few customers but better than nothing, say traders

Traders say business has been slow, with many barely making enough to get by.

Economist tells who could make or break race-based cartels

He says control over the supply chain is only part of the picture.

It’s boom time for automative sector after pandemic slams brakes on sales

Only 143 units were sold in April, but as the year draws to a close, more cars are being sold compared to the same period last year.

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