The Malaysian economy is expected to grow by 5.3 per cent this year before rising to 5.5 per cent in 2014 on improved global economic environment, Asian Development Bank (ADB) said. Electronics and other
PHARMACEUTICAL firm GlaxoSmithKline (GSK) and A*Star’s Institute of Chemical and Engineering Sciences (ICES) have inked a five-year agreement to develop medicines for emerging countries, which are expected to account for a sizeable proportion of
Indonesia sold $3 billion of 10- and 30-year dollar bonds at record low borrowing costs, tapping the global market for the first time this year, according to a person familiar with the offering. The
The Bank of Thailand has expressed concerns over the baht’s ferocious surge prompted by the Bank of Japan (BoJ)’s unexpected aggressive liquidity pumping. But governor Prasarn Trairatvorakul said the central bank is adopting a
THE GOVERNMENT generated around P32 million in revenue after less than a month since it lifted the moratorium on the acceptance of mining applications. “The government, through the Mines and Geosciences Bureau (MGB), generated
Vietnam and France will work closely together to elevate their economic and trade ties to a new level. The agreement was reached by Vietnamese Minister of Planning and Investment Bui Quang Vinh and French
Toyota, a Japanese multinational automaker, will establish a production base in the Savan-Seno Special Economic Zone (Zone C) in Savannakhet province to manufacture vehicle interior components for export. The company will invest US$5.6 million
Realising that the annual ritual of wreath-laying and rhetorical speechmaking would never be enough, Philippine President Benigno Aquino III on Tuesday pledged to fully deliver the benefits of the thousands of World War II
An environmental disaster and a gaping divide in energy access between rich and poor looms unless the region dramatically changes course. A report by the Asian Development Bank yesterday expressed its increasing concern about
Beijing opposes any moves that will sabotage stability on the Korean Peninsula and calls on all parties to sit down for peace talks, the Ministry of Foreign Affairs said on Monday. “Dialogue and consultation