Business News

Singapore: OCBC alerts public on rising phone scams impersonating the bank

OCBC Bank eyes acquisition of NAB's private wealth business in Singapore and Hong Kong

OCBC Bank Chief Operation Officer Ching Wei Hong says the mortgage portfolio to be transferred to the group is well-supported and of high quality.

May 15, 2017

By Kiersnerr Gerwin Tacadena

Malaysia's MoF confirms 1MDB CEO booted as Bandar Malaysia chairman

Johari also rebuked allegation made by in a report published by Singapore Straits Times on 10 May, claiming two members from the Budiman Committee was relieved of their duties.

May 11, 2017

By Ushar Daniele

Indonesia banks offers Gojek drivers micro financing

Bank Tabungan Negara (BTN), Bank Negara Indonesia (BNI) Syariah and Permata Bank Syariah are involve din the scheme.

May 11, 2017

By Ushar Daniele

ASEAN will become fourth largest economy by 2030, says UOB

The GDP of the 10-member countries is likely to expand to US$8.1 trillion in 2030 from the current US$2.5 trillion.

May 11, 2017

By Ushar Daniele

World Bank lauds PEMANDU's contribution in Malaysian public sector management reform

PEMANDU is a unit under the purview of the prime minister's Office.

May 9, 2017

By Ushar Daniele

Singapore's private office investment sales grow to 9-year high

According to JLL Singapore, the engine of growth for the private investment market sales was the office sector, whose investment sales took the lion share of 47.5%, worth $2.12b.

May 9, 2017

By Kiersnerr Gerwin Tacadena

All eyes on e-commerce, digital economy as Singapore chairs ASEAN

The city-state is also gunning to improve trade facilitation measures to boost internalisation plans, including for small and medium enterprises.

May 9, 2017

By Kiersnerr Gerwin Tacadena

1MDB CEO remains silent about his removal from Bandar Malaysia, TRX City board

Arul, when contacted by International Business Times, said: "I have nothing further to add to the statements made yesterday."

May 9, 2017

By Ushar Daniele

Petronas' first floating LNG terminal expected to boost production by 33%

The facility which will commence next month will expand compared to the production of 24.6 MT last year.

May 8, 2017

By Ushar Daniele

China exports and imports fall more than expected in July due to weakening demand

Malaysia's Q1 trade up by RM430.5 billion, set to meet 5% growth target

For the first quarter of the year, Malaysia's exports increased by 21.4% this year to RM224.7 billion.

May 5, 2017

By Ushar Daniele

Facebook shares dip from high as investors fret over costs, future profit

Facebook's shares fell 2.4 percent in after-hours trading to $148.12. They had closed at an all-time high of $153.60 on Tuesday.

May 4, 2017

By Reuters

Facebook Mark zuckerberg

50 Philippine entrepreneurs undergo Business Leadership Training

The initiative has been developed as a part of the Zamboanga Chamber of Commerce and Industry Foundation's advocacy to promote business education for both the Chamber's members and non-members.

May 3, 2017

By Noel Tarrazona

Ticket 1 hopes to top Philippine market before 2017 ends

The air travel industry is growing at rate of 5% and the international flight industry needs 38,000 new aircrafts valued at USD 5.6 trillion.

May 3, 2017

By Noel Tarrazona

Philippine can now export to Indonesia at reduced cost, thanks to new shipping route

A new shipping route of the General Santos-Davao City and Bitung North Sulawesi tri-city has been initiated, which will drastically reduce the export cost.

May 1, 2017

By Noel Tarrazona

Euro jumps, Asian shares rally on French election relief

The outcome lessens the risk of an anti-establishment shock on the scale of Britain's vote to quit the European Union with Macron widely tipped to win the final vote and keep France in the union.

Apr 24, 2017

By Reuters

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