Ariel Antonio

10 August, 2023 Ukrainian President Volodymyr Zelensky has provided unequivocal assurance that the skies over Ukraine will soon be graced by the presence of F-16...

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum have agreed and signed a memorandum of understanding (MoU). To develop a collaboration in downstream...

Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus reports that Malaysia is unlikely to enter a recession this year. Despite reduced foreign demand, domestic expenditure is expected to anchor economic growth, with the first quarter of 2023 showing more robust performance compared to the fourth quarter of 2022.

Chinese investment is set to accelerate Malaysia's transition to a low-carbon economy, with potential growth in high-tech sectors like electric vehicle manufacturing. Business leader Datuk Liew Chee Ming anticipates increased investor interest following the return of Chinese tourists.

Sarawak is set to experience significant improvements in internet connectivity with the launch of the Batam Sarawak Internet cable system (Basics) and a new data center. Developed by PPTEL under the Irix brand, these infrastructure investments aim to address connectivity challenges, especially in rural areas.

Telecommunications giants Axiata Group and Telenor Asia have completed a landmark merger of their Malaysian wireless operations, creating a new tech leader. The combined entity, MergeCo, promises significant synergies, with pre-tax profits of 5.7 billion ringgit and strong financial prospects. Both parent companies will hold equal 33.1% stakes in the newly formed company.

HSBC found itself in a complex diplomatic situation after providing documents to US authorities in the case against Huawei's CFO Meng Wanzhou, prompting Chinese diplomatic pressure and questioning about the bank's cooperation.