KUALA LUMPUR: CN Asia Corp Bhd has proposed to ratify the diversification of the business of the group to include moneylending business. The board proposes to seek approval for the proposed ratification from the shareholders at an extraordinary general meeting of the company to be convened. “Currently, the group derives most of its revenue from the manufacturing … [Read more...] about CN Asia to diversify into moneylending business
Cn rail
Ukrainian servicemen load bodies of Russian soldiers onto refrigerated rail cars
Ukrainian military authorities loaded the bodies of Russian soldiers collected after fighting in the Kyiv and Chernihiv regions onto refrigerated rail cars on Friday. Volodymr Lyamzin, the head of Ukraine’s civil-military cooperation, said his country was acting in accordance with international law and was ready to return the bodies to Russia. "According to the norms of … [Read more...] about Ukrainian servicemen load bodies of Russian soldiers onto refrigerated rail cars
Hong Kong railway fans queue overnight to board first train on new cross-harbour section
Avid train fans make a dash for the platform at Exhibition Centre station in Hong Kong. (South China Morning Post photo) HONG KONG: Hong Kong railway fans on Sunday rushed to board the first train at dawn on a newly opened, cross-harbour section of the city's costliest MTR project, with the long-awaited launch coming off years of repeated delays and cost overruns. Despite … [Read more...] about Hong Kong railway fans queue overnight to board first train on new cross-harbour section
Laos economic recovery challenged by debt and rising prices
VIENTIANE, May 15: While the economy is beginning to recover from the effects of Covid-19, Laos faces stiff challenges associated with long-standing macroeconomic imbalances, according to the World Bank’s latest economic update, reports Laotian Times. Increasing public debt levels and rising global prices are endangering macroeconomic stability and threatening living … [Read more...] about Laos economic recovery challenged by debt and rising prices
Laos’ economy to grow by 3.8 per cent in 2022, says World Bank report
VIENTIANE, May 13 (Xinhua): Laos' economy is forecast to grow by 3.8 percent in 2022, a recent World Bank report said. While sectors of the Lao economy are beginning to recover from the slowdown caused by Covid-19, the country faces stiff challenges associated with long-standing macroeconomic imbalances, according to the World Bank's latest economic update for Laos. Laos' … [Read more...] about Laos’ economy to grow by 3.8 per cent in 2022, says World Bank report