Politics

Malaysia's political landscape shifts as King begins process of selecting a new Prime Minister following Muhyiddin Yassin's resignation. The former leader stepped down amid criticism of his pandemic response, which saw Malaysia experiencing high infection and death rates despite prolonged lockdowns.

Britain and Singapore are initiating negotiations on a digital trade agreement aimed at eliminating barriers for tech companies. This move is part of the UK's strategy to become a global tech powerhouse and expand economic partnerships in the Indo-Pacific region following Brexit.

UEM Sunrise collaborates with Maybank Islamic's HouzKEY to help first and second-time homebuyers acquire their dream homes. The partnership offers zero payments during construction, zero down payments, and 100% financing for 10 projects, making homeownership more accessible.

Malaysian engineering firm KAB partners with Janakuasa to enter Vietnam's renewable energy market, establishing a special purpose company to acquire majority stakes in three hydropower stations. The projects have power purchase agreements valid from 2030 to 2039, with commercial operations already commenced between 2015-2019.

Federal Reserve economists uncover unusual trade reporting patterns during tariff tensions, suggesting potential misreporting by exporters and importers to manipulate tax and tariff calculations.

The World Bank has reduced Malaysia's GDP growth projection to 4.5% in 2021, down from the previous 6%, citing concerns about the COVID-19 resurgence, healthcare system capacity, and economic disruptions caused by recurring lockdowns.

Bank Negara Malaysia and Bank of Thailand have launched a cross-border QR payment linkage, enabling instant payments between the two countries through their real-time retail payment platforms PromptPay and DuitNow.

After months of resistance to masks, President Donald Trump urged Americans to wear them to help contain the coronavirus outbreak that’s rapidly spreading throughout...

Japanese Prime Minister Shinzo Abe announced a massive $989 billion stimulus package to protect the economy from coronavirus damage, representing 20% of GDP and more than double the 2008 financial crisis relief efforts.

Vietnamese exports to the United States have surged, with imports reaching $67 billion in 2019—a 36% increase. As American companies reduce dependence on Chinese supply chains, Vietnam has emerged as a critical alternative manufacturing hub, supplying diverse products to the US market.