Economy News

Malaysia Loses Out in Foreign Investors to Indonesia

Greater political stability and clear-cut policies give Indonesia’s digital economy a boost

Carl AdrianFeb 21, 2022

China gets serious about antitrust, fines Alibaba $2.75B – TechCrunch

Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet conglomerates. In November, China proposed sweeping antitrust regulations targeting its interent economy. In late December, the State Administration for Market Regulation said […]


China's economy is recovering quickly; foreign investments rise to record levels

China's economy grew despite the global pandemic, with foreign investments peaking in the fourth quarter of 2020.

Alfred LeeJan 22, 2021

BlackRock Launches Solution for Financials and Investors to Quantify Climate Risk in Portfolios - ESG Today

BlackRock, the world’s largest asset manager, announced today the launch of Aladdin Climate, a software-based solution enabling financial institutions and investors to quantify and measure the physical risk of climate change and the transition risk to a low-carbon economy on their portfolios, using climate-adjusted security valuations and risk metrics. According to BlackRock, the new platform […]

ESGTODAY.COMDec 16, 2020

Catch these thought leaders at MaGIC's upcoming E-Nation Conference

Helping businesses navigate through the post-pandemic economy.

Alfred LeeOct 19, 2020

Malaysia's GoGet raises $2million series A round to enhance on-demand gig economy

GoGet currently has over 20,000 gig workers and 5,000 businesses

Alfred LeeOct 13, 2020

MaGIC is on a mission to help startups maneuver in the post covid-19 economy

Startups need to focus on sustainability, growth, adaptability and recovery

Alfred LeeJun 22, 2020

China is turning Hainan into a free trade hub, just like Hong Kong.

Further solidifying their economy and international presence.

Alfred LeeJun 03, 2020

China's economy shrinks for the first time since 1992.

The country will announce stimulus plans shortly.

Alfred LeeApr 19, 2020

China is speeding up developments for “new infrastructure” to boost economy

Further placing the country ahead in the technological race.

Wallace HoApr 13, 2020

Singapore’s startup Doctor Anywhere raises $27 million despite current economy

The company is eyeing expansion to Malaysia and Philippines

Wallace HoApr 01, 2020

Alibaba reports strong revenue in Q4 2019

Results for next quarter may decrease due to slowing economy.

Ismawati AsmatFeb 18, 2020

Singapore economy expanded just 0.7 percent in 2019, affected by US-China trade war

As the US-China trade war hit global markets, Singapore's economy grew just 0.7 percent in 2019.

Ismawati AsmatJan 06, 2020

Macau to become financial hub as unrest continues in Hong Kong

As unrest continues in Hong Kong, Chinese President Xi Jinping plans to announce policies aimed at diversifying Macau’s economy.

Ismawati AsmatDec 17, 2019

President Joko Widodo Targets $7 Trillion Indonesia Economy By 2045

The country’s per-capita income is expected to be lifted to 320 million rupiah ($22,656) by 2045.

Ismawati AsmatOct 21, 2019

Malaysia’s 2020 budget includes boosting 5G ecosystem

Malaysia sets its direction towards digital economy.

Syamil FaisalOct 15, 2019

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