KUALA LUMPUR: Malaysian palm oil giant Kuala Lumpur Kepong (KLK) Bhd has made an offer to buy IJM Corporation Bhd's entire stake in IJM Plantations Bhd for 1.53 billion ringgit, IJM Corp said on Wednesday. IJM Corp said in a bourse filing it has received a letter from KLK,...
SINGAPORE: Southeast Asia's Grab, which is going public through a merger worth US$40 billion with special-purpose acquisition company Altimeter Growth, said on Wednesday (Jun 9) it expects to complete the business combination during the fourth quarter. The company had previously said it aimed to ...
HANOI: Vietnamese farmers should avoid expanding their black pepper crop to avoid the risk of oversupply, as prices in the world's largest producer of the household spice trade at a three-year high, an industry association said. Pepper prices have been on a roller-coaster ride with a glut in ......
India's retail inflation likely rose last month after a three-month low in April, lifted by higher food and energy prices, but stayed within the Reserve Bank of India's target range for the sixth consecutive month, a Reuters poll found.
Tourism-reliant Thailand expects about 3 million foreign tourist arrivals this year, tied to a phased reopening to vaccinated visitors later this year, the state tourism agency said on Wednesday (Jun 9).
Japanese Prime Minister Yoshihide Suga plans to accelerate investment in green projects and digital transformation, setting his eyes on new sources of economic growth in the post-COVID era, according to a draft blueprint of policy priorities for the coming fiscal year released on Wednesday.
U.S. bank JPMorgan said it will exclude Huawei's dollar bonds from some its most influential investment indices from the end of next month, following the latest ratcheting up of U.S. sanctions on Chinese technology firms.
Solarwatt will start selling storage batteries from this autumn in cooperation with carmaker BMW amid an ongoing convergence of renewable power and electric mobility, the German photovolatic firm announced on Wednesday.
South Korean transportation firm Kakao Mobility secured an additional combined 140 billion won (US$125.69 million) investment from a consortium led by private equity firm TPG as well as Carlyle Group, parent Kakao Corp said on Wednesday.
SINGAPORE: Singapore's Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP's Singapore unit starting in 2024, the companies said on Wednesday (Jun 9), as the country seeks to diversify its gas supply sources. The long-term binding LNG sale and purchase agreement ...
