KUALA LUMPUR, The government’s emphasis on upskilling the local workforce through numerous allocations in the Budget 2024 could prove to be a pulling factor for investors and, in turn, create more job opportunities in the country, experts said.Sabah Ec…
SEOUL, – Hyundai Engineering & Construction Co. on Friday reported its third-quarter net profit of 182.9 billion won (US$135.1 million), down 22.1 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Se…
SEOUL, South Korean stocks traded 1.62 percent lower late Thursday morning on losses in battery and tech shares.The benchmark Korea Composite Stock Price Index (KOSPI) had shed 39.99 points to 2,422.61 as of 11:20 a.m.Battery shares led the sharp decl…
SEOUL, Hanwha Aerospace Co. said Thursday it won a 235.6 billion-won (US$174 million) component supply deal from British aircraft manufacturer Vertical Aerospace Ltd.Under the deal, the South Korean aerospace company will provide tilting and blade sys…
SEOUL, Hyundai Motor Co. said Thursday it plans to launch a program to sell refurbished used cars produced by the company and its luxury brand Genesis, with a goal to sell 5,000 certified secondhand models within the year.Hyundai said it will begin sa…
KUALA LUMPUR, The National Film Development Corporation Malaysia (FINAS) will focus on script development and co-production efforts to steer Malaysia’s creative industry in the right direction.FINAS chairman Datuk Kamil Othman said the RM90 million al…
The government plans to extend tax exemptions to fund management companies that manage sustainable and responsible investment (SRI) funds and also tax deductions on the cost of issuing SRI sukuk until the year of assessment 2027.Prime Minister Datuk Se…
South Korea has seen no major impact from the Israel-Palestine conflict on the country’s imports of crude oil and natural gas, the trade ministry said Monday.Officials from the Ministry of Trade, Industry and Energy, the state-run Korea National Oil C…
