Wednesday, April 14, 2021
All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the canal by Saturday, ending the backlog that built up during the blockage, the canal authority said. The last 61 ships, out of 422 ships that were queuing...
China announced tax breaks Monday to spur growth of its semiconductor industry following US sanctions that cut off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic priority...
Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies and investment firms rushed to get ahead of changes in how people work, shop, trade and receive healthcare during the COVID-19 pandemic. While the number of deals was up only 6...
Shinjiru Technology Sdn Bhd has been conferred the SME100 Awards 2020: Fast Moving Companies for its dedication in facilitating the digital transformation of small and medium sized enterprise (SME) sector in Malaysia. Shinjiru is one of the most prominent web hosting providers in the country and currently the nation’s leading...
Several of San Francisco Bay Area’s largest technology companies including Twitter Inc and Google plan to keep their offices largely closed for months more despite the government allowing them on Tuesday to be opened in a limited capacity. Taking into account declining coronavirus infections, San Francisco and Santa Clara counties...
Malaysia and Singapore are working toward reciprocal vaccination certification as the Southeast Asian neighbors plan to restore cross-border travel. Operational details, including the application process involved for entry and exit between the two nations will be discussed further, Singapore Foreign Minister Vivian Balakrishnan and his Malaysian counterpart Dato' Seri Hishammudin...
Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate a global semiconductor shortage. “We are gathering information and trying to see if this will affect us or not,” a Honda spokesman...
Amidst the pandemic, the Malaysian Government has announced that it is continuing measures to revive the economy. Dubbed the PEMERKASA programme, Prime Minister Tan Sri Muhyiddin Yassin says the government will embark on several economic revival programmes such as increasing SME assistance, access to micro credit financing, and extending the...
Britain’s government said Tuesday the UK will prioritize diplomatic engagement with Asian countries in the coming decade and lift its own cap on the size of its nuclear stockpile, as Prime Minister Boris Johnson unveiled a major shift in the country’s foreign policy and defense priorities after Brexit. Setting out...
Chinese companies targeted by a sweeping investment ban imposed by former President Donald Trump are considering suing the US government after a federal judge on Friday suspended a similar blacklisting for Beijing-based smartphone maker Xiaomi. Lawyers familiar with the matter said some of the banned Chinese companies are in talks...
Malaysia has charged glove maker Top Glove Corp Bhd with 10 counts of failing to provide worker accommodation that meets the minimum standards of the labour department, news agency Bernama said on Tuesday. Top Glove, the world’s largest medical glove maker, has pleaded not guilty to all the charges levied...
The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in the US, or Alibaba in China, will begin trading under the ticker “CPNG.” It’s actually the largest initial public offering from an Asian company since Alibaba...

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