Selamat Hari Raya Aidiladha

Selamat Hari Raya Aidiladha! Wishing our Muslim friends a blessed celebration with your friends and family on this auspicious day.

Central banks up reserves of RMB to a high

5-year record shows Chinese yuan’s internationalization progressing well Central banks around the world are holding record levels of reserves in Chinese yuan, according to IMF data. Analysts said the current five-year high marks another step forward for the Chinese currency’s internationalization, a process that began a few years back. In the first quarter this year, […]

Happy Father’s Day

Wishing all fathers, a Happy Father’s Day! We hope you have a wonderful day with your father and your kids on this special occasion.

MIDA approved RM80.6 bil investment in 1Q, including RM54.9 bil FDI

KUALA LUMPUR (June 9) : Malaysian Investment Development Authority (MIDA) said today it has approved RM80.6 billion worth of investments in the manufacturing, services and primary sectors in the first quarter (1Q), a surge of 95.6% from RM41.2 billion a year ago MIDA said in a statement, these approved investments involved 993 projects and are […]

Newly-launched Asia Digital Bank aims to become world’s leading digital asset operator

KUALA LUMPUR, May 26 — Asia Digital Bank Ltd (ADB), a wholly-owned subsidiary of Chinese state-owned Asia Pacific Investment Bank (APIB), is striving to become the world’s leading digital asset operator. Chief executive officer Chris Wang said this could be achieved through the development of an inclusive financial service platform for digital asset transactions, with […]

Newly-launched Asia Digital Bank aims to become world’s leading digital asset operator

KUALA LUMPUR, May 26 — Asia Digital Bank Ltd (ADB), a wholly-owned subsidiary of Chinese state-owned Asia Pacific Investment Bank (APIB), is striving to become the world’s leading digital asset operator.   Chief executive officer said this could be achieved through the development of an inclusive financial service platform for digital asset transactions, with advance […]

Malaysia’s economic contraction slows to 0.5% despite Covid-19 surge

KUALA LUMPUR – Malaysia recorded its slowest economic contraction in a year, slipping 0.5 per cent compared with the first quarter of 2020 despite continuing to grapple with a persistent wave of Covid-19 infections. The modest decline provides some hope of a rebound after gross domestic product (GDP) shrank 5.6 per cent in 2020 following […]