PETALING JAYA: SkyWorld Development Bhd is seeking to develop a 24-storey residential apartment in Vietnam, marking its first overseas venture, to ride on the urbanisation in Vietnam. Yesterday, the property developer’s wholly-owned subsidiary SkyWorld Development (Vietnam) Co Ltd (SkyWorld Vietnam) proposed to acquire 1.3 acres of land in Ho Chi …

PETALING JAYA: In an effort to address the shortage of locally-produced rice, the government has implemented a restriction on the sale of local white rice, limiting purchases to 100kg per customer, says Datuk Azman Mahmood.The Agriculture and Food Security Ministry’s Agricultural Industry Development Division secretary said this purchase limit would …

HO CHI MINH CITY: AirAsia continues to fly high, bagging the coveted titles of “Asia’s Leading Low-Cost Airline” for the eighth consecutive year and “Asia’s Leading Low-Cost Airline Cabin Crew” for the seventh year in a row at this year’s World Travel Award (WTA) 2023 – Asia and Oceania. AirAsia …

KUALA LUMPUR: With inflation expected to have peaked and global growth becoming weaker, Bank Negara decided to keep interest rates unchanged when its Monetary Policy Committee (MPC) kept the overnight policy rate (OPR) at 3%. This also indicates the focus of the central bank has now changed to stimulating growth …

PETALING JAYA: Analysts remain positive on the construction sector, with expectations that there will be higher job rollouts and improving billings in the months ahead, backed by an ample labour force. Construction companies’ second-quarter (2Q23) financial performance came in below expectations, despite the value of construction work rising by some …

THERE is a growing perception that Hong Kong is losing its allure as a gateway to and from China. One of the questions that analysts and economists are pondering is: To what extent can Singapore fill the emerging gaps? Over the past three years, several reports point to international companies …