Saudi eyes tripling of foreign tourists in 2022
Riyadh: Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements of the crown prince’s signature projects open Read full story
Riyadh: Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements of the crown prince’s signature projects open Read full story
FRANKFURT: Russia’s failure to send an interest payment to creditors is triggering a payout on debt insurance, taking the country another step closer to its first default on international bonds since the Bolshevik revolution more than a century ago. Read full story
NEW YORK: Oil settled higher on Friday, supported by expectations that OPEC’s decision to increase production targets by slightly more than planned will not add that much to global supply which should tighten as China eases COVID restrictions. Read full story
NEW YORK: A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades. Read full story
The impact of flooding on residential property Read full story
Tesla CEO Elon Musk’s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Read full story
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious tone next week ahead of key crop reports to be released in the same week, a dealer said. Read full story
KUALA LUMPUR: The Malaysian Rubber Gloves Manufacturers Association (MARGMA) is committed to total compliance regarding labour issues and strives to be among the first industry in the region to have social compliance as its unique selling proposition Read full story
KUALA LUMPUR: National car maker Proton Holdings Bhd’s sales rose 10.8 per cent month-on-month to 9,792 units in May 2022, as the company ramped up production after overcoming parts shortage issues. Read full story
For Walmart and Target, location matters – especially when it comes to transportation costs. Read full story
KUALA LUMPUR: UEM Sunrise Bhd has partnered with Affin Bank Bhd in the ‘Home Step Fast/i’ campaign to offer financing solutions to home buyers. Read full story