KL-Singapore HSR terminated following lapse in deadline
The Kuala Lumpur-Singapore High-Speed Rail (HSR) project has been terminated, after both countries disagreed on Malaysia's changes by the deadline of Dec 31, 2020. Prime...
Malaysian Economy Showing Signs on Recovery for 2021
Malaysia’s economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the COVID-19 pandemic....
ADB to help Indonesia PLN expand access to electricity for all Indonesians
The Asian Development Bank (ADB) has approved a $600 million loan to help the State Electricity Corporation (PLN), expand electricity access and promote renewable energy...
Thai King to Donate Personal Funds Prison Project to Improve Prison Inmate Health
His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua donated 128 million baht from his personal funds. The donation is to support the second phase of the...
Fugitive Jho Low now claims 1MDB billions were “loans” to him
Fugitive businessman Low Taek Jho has claimed that millions of dollars siphoned from 1Malaysia Development Berhad (1MDB), Malaysia's debt-ridden state fund, were merely loans to...
EU commits new grants to Philippines Government
The European Union (EU) has committed an additional 150 million euros-worth of grants to the Philippines. Two-thirds of the fund will firstly, help finance programs...
Accounting Bodies Give Thumbs Up for Malaysia Budget 2021
According to a report by E&Y, PWC and MIA (Malaysian Institute of Accountants), the recent Malaysian budget for 2021 sets to be the largest ever...
Thailand economy performing better than expected according to government report
Government Spokesperson Anucha Burapachaisri stated that Thailand’s economic situation was better than predicted earlier. The Government’s continued measures to cushion the economy have resulted in...
World Bank: Digital Technologies will help the Philippines recover
According to a report released by the World Bank and the National Economic and Development Authority (NEDA), the rapid adoption of digital technologies can help the Philippines overcome tremendously. Firstly, in navigating the impact of the Covid-19 pandemic. Secondly, digital technology can assist the Philippines in recovery from the crisis. Lastly, it can also help it achieve its vision of becoming a middle-class society free of poverty.
