OTTAWA: Canada’s strategy to lure electric vehicle (EV) manufacturing is shifting toward financial incentives based on tax credits, and away from the huge production subsidies that were promised to companies including Volkswagen AG in 2023. But the pace of that transition will be put to the test this year as …

PETALING JAYA: Datuk Zaid Ibrahim has reminded Umno that Malaysia is not a theocracy following the party’s reaction to the court verdict in the case of Nik Elin Zurina and her daughter against the Kelantan government. The former law minister said the reactions of Malay politicians, especially Umno, to the …

JAKARTA (Reuters) – Hundreds of Indonesian students and activists will stage protests on Monday over what they see as outgoing President Joko Widodo’s abuse of power to sway voters in this week’s election in favour of frontrunner, Prabowo Subianto, organisers said. Jokowi, as the incumbent is known, has not explicitly …

FOR years, SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son’s tech powerhouse is relying on a new weapon as it searches for the next big thing in AI: caution. The strategy marks a vast turnaround for a company that completely …

PETALING JAYA: Kedah Umno has advised certain DAP leaders not to disrupt the harmony of the unity government by inciting discord among component parties. Its state information chief Datuk Shaiful Hazizy Zainol Abidin said these leaders seemed to have forgotten they were no longer in the opposition but were now …

KOTA KINABALU: A controversial gold mining operation in Sabah’s east coast Tawau district is operating legally under a Sabah mining law, says Assistant Minister to the Chief Minister Datuk Abidin Madingkir. He said the operation was covered by the Sabah Mining Ordinance 1960 which provides for the Lands and Surveys …

HANOI: Vietnam needs to promote the development of national corporations as an important force to drive economic growth, experts say. Developing enterprises, including large corporations, have been considered an important solution to improve production capacity and build an independent and autonomous economy. It’s time to further promote their role in …

WARSAW (Reuters) – Poland’s Prime Minister Donald Tusk travels to France and Germany on Monday as the three European Union members seek to bind closer in the face of mounting security risks. With the war in Ukraine soon to enter its third year and a possible Donald Trump presidency threatening …

Viral sensation: Sit and Sheila’s ‘The Year of the Yo’ has received over 1.2 million views since its release. — Picture taken from Facebook Compiled by FATIMAH ZAINAL and TAN SIN CHOW THE multilingual Lunar New Year song by Malaysian singer Shila Amzah and Hong Kong artiste Nancy Sit Ka-yan …

AS commercial real estate values crumble in the United States and parts of Europe, so far there’s no evidence of systemic risk spreading through the financial system. What happens next at the German specialist real estate lender Deutsche Pfandbriefbank AG, though, may presage whether the pressure remains localised – or …