Malaysia

New Business

AI boom drives record loans for data centres in Southeast Asia

Artificial intelligence (AI) advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans…

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New Business

Manulife picks its chief actuary Steve Finch as Asia CEO to lead its biggest profit centre

Canada’s biggest insurer Manulife Financial has appointed its chief actuary Steve Finch to head its Asian business, picking a company…

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Malaysia peddles premium palm oil in China as overall imports decline

Ezzaruddin Abdul Rapar spends a lot of his time guiding guests around an “experience centre” on a giant oil palm…

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New Business

Tencent’s Weixin Pay chases Chinese tourists in Singapore with Sentosa deal

Tencent Holdings’ Weixin Pay, a leading digital payment platform in China, is expanding its presence in Southeast Asia to capitalise…

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China fresh-tea brand Chagee follows Mixue, Guming in IPO rush with New York plan

Chinese tea-drink maker Chagee Holdings has secured approval from the country’s market regulator for an initial public offering (IPO) in…

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US deals with Canada, Mexico in pipeline: prelude to an expanded trade push against China?

Expected US deals with Canada and Mexico, both hit by US import tariffs this week, may foreshadow multiple countries aligning…

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‘Gone down a lot’: why Chinese travellers are shunning US and Europe

Chinese tourists are increasingly turning away from traditional destinations such as the United States and Europe in favour of hotspots…

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China’s middle-class investors lose appetite for overseas property

Stephen Yao travelled from southern China’s Guangdong province to Thailand 32 times in 2017 and 2018 to help middle-class Chinese…

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Hong Kong SMEs want funding support amid mounting costs, survey finds

Hong Kong’s small and medium-sized enterprises (SMEs) are seeking funding support and easier loan access, as rising costs have landed…

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New Business

Macroscope | Why Asian central banks are starting to decouple from the Fed

One after another, major central banks in Asia and the Pacific region are cutting interest rates. On February 18, the…

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