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Author: Isla
KUALA LUMPUR: Malaysia’s official reserve assets rose to US$129.73 billion at the end of April 2026 from US$126.61 billion a month earlier, while other foreign currency assets stood at US$66.6 million, Bank Negara Malaysia (BNM) said.The central bank said pre-determined short-term outflows of foreign currency loans, securities and deposits over the next 12 months totalled US$8.22 billion.These included scheduled repayments of the government’s external borrowings as well as the maturity of foreign currency Bank Negara interbank bills.”Net short forward positions amounted to US$24.45 billion as at end-April 2026, reflecting the management of ringgit liquidity in the money market.”In line with…
Bangkok has no shortage of luxury hotels, but civil servants from Thailand’s National Security Council (NSC) have found that the Amari Bangkok (formerly the Amari Watergate) on Phetchaburi Road is an ideal meeting place.Senior NSC officials meet international legal experts, academics Source link
SIAC opens second Chinese office in Beijing Law.com Source link
Carlsberg Malaysia introduces locally brewed ChongQing beer, bringing authentic Chinese brewing heritage and social dining culture nationwide. Carlsberg Malaysia has introduced ChongQing beer to the Malaysian market, marking the local debut of a Chinese lager rooted in nearly 70 years of brewing heritage and inspired by Chongqing’s vibrant communal dining culture. Born in the Chinese city of Chongqing and brewed since 1958, the beer is now being locally produced in Shah Alam and will be made available nationwide beginning June 2026 through 99 Speedmart outlets. The launch reflects Carlsberg Malaysia’s efforts to diversify its portfolio amid growing consumer interest in…
DGC, because it was in the capital and because of its prominent location within the capital, was always more prone to find itself in the headlines than similar institutions elsewhere in India. While all of them could be branded as bastions of colonial and elite privilege, the Kasauli Club, the Bangalore Club, the Madras Club, the Willingdon Sports Club, the Bombay Gymkhana, and many, many others, upholding many of the same customs, they were less in the public eye and therefore didn’t fail the nationalism test quite so visibly and quite so often. A few of them did not just…
A fine piece of race riding from David Probert ensured a surprise 28/1 victory in the Star Sports Henry II Stakes (Group 3) for the Saeed Bin Suroor-trained Dubai Future. Last year’s Dubai Gold Cup winner was patiently ridden early on, but Probert decided to move his mount closer to the lead held by Furthur five furlongs from home. Probert kicked for home with three to run and had a willing partner, the pair skipping clear of the Rab Havlin-ridden favourite Sweet William (8/13 fav) who tried valiantly to close the gap running up the hill but was never getting…
About 300 business representatives from China and the Republic of Korea (ROK) gathered in Guangzhou on May 27 for a high-level dialogue aimed at strengthening economic and trade ties between the two countries.The event was co-organised by the China Council for the Promotion of International Trade (CCPIT) Guangdong Committee and the Korea Trade-Investment Promotion Agency (KOTRA) Guangzhou. It was hosted by the China Chamber of International Commerce Guangdong Chamber of Commerce.The event featured four parallel matchmaking sessions focused on biomedicine, smart electronics, green energy, and fashion and beauty. These sessions enabled companies from both sides to engage in targeted discussions.In…
PT Adaro Energy Indonesia shares were little changed on the Indonesia Stock Exchange on Friday, with investors awaiting fresh catalysts after the latest quarterly report and amid a stable coal price backdrop in Indonesia. PT Adaro Energy Indonesia shares traded broadly steady in Jakarta on Friday, with the coal producer seeing muted price action on the Indonesia Stock Exchange as investors weighed the most recent financial results and the current thermal coal environment in Indonesia.The stock changed hands on the Indonesia Stock Exchange under the ticker ADRO in Indonesian rupiah, reflecting its status as a domestically focused blue-chip coal name…
KUALA LUMPUR (May 29): RAM Rating Services Bhd (RAM Ratings) has maintained a positive outlook on Malaysia’s power sector, as the country’s energy transition gains momentum. It said the country’s net zero ambition is supported by strong regulatory backing under key national frameworks, including the National Energy Transition Roadmap (NETR) and state-level roadmaps. RAM Ratings senior vice-president of infrastructure and utilities ratings Chong Van Nee said that as of end-December 2025, renewable energy (RE) constituted 12 gigawatt (GW) or 31% of total installed capacity, putting the country on track towards its interim targets of 40% by 2035 and 70% by 2050. “Sustained progress…