Business

China’s mobile payment volume tops 81T yuan

BEIJING (Xinhua) - China’s mobile payments totalled 81 trillion yuan (about 12.77 trillion US dollars) as of October 2017, the world’s largest volume, official...

ECB freezes Latvian bank after laundering allegation

FRANKFURT AM MAIN (AFP) - The European Central Bank (ECB) said yesterday it has frozen payments by the third-largest bank in tiny Baltic state...

Malaysia to continue domination of world rubber gloves market

KUALA LUMPUR (Bernama) – Given the strong export performance in 2017, Malaysia is expected to continue dominating the world market for rubber gloves, especially...

France’s Unibail-Rodamco rules out upping Westfield bid

SYDNEY (AFP) - Unibail-Rodamco yesterday ruled out increasing its bid for Australia’s Westfield shopping mall operator despite the cash and script offer losing its...

Saudi women allowed to open businesses without male permission

RIYADH (Xinhua) - Saudi women will from now on be allowed to open their own businesses without the consents of their male relatives, Al...

China’s metalware cluster replaces labour with industrial robots

HANGZHOU (Xinhua) - Over 35 million vacuum bottles were produced last year by Haers Vacuum Containers Co Ltd in Yongkang City, the second largest...

UTB focusses on marketable programmes

|     Danial Norjidi     |   BEGINNING August 2018, Brunei’s first undergraduate degree programmes in Architecture and Product Design will be offered by Universiti Teknologi Brunei (UTB)...

Beijing injects 28 billion yuan in key dispersal projects last year

BEIJING (Xinhua) - Beijing municipal government approved a total investment of 28 billion yuan (US$4.4 billion) in nine key projects dispersing non-capital functions last...

After stunning growth streak, Amazon ambitions seem boundless

SAN FRANCISCO (AFP) - Triumphant in online retail, cloud computing, organic groceries, and streaming television, Amazon founder and chief disruptor Jeff Bezos is turning...

Push for private sector investment in fibre deployment – Malaysian Minister

KOTA BELUD (Bernama) — The government’s recent push to have more private sector investments in fibre deployment is meant to achieve the national objective...

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