NAIROBI, May 18 (Xinhua) -- East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya's capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic recovery has prompted a lot of interest in the sector … [Read more...] about East African real estate executives hopeful of recovery amid COVID-19 shocks
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Money for Ukraine tops G7 agenda; inflation, food a concern
KOENIGSWINTER, Germany (Reuters) -Group of Seven financial leaders are likely to agree on Thursday and Friday on around $15 billion to help Ukraine pay its bills in coming months, but surging inflation, climate change, supply chains and the impending food crisis are also on the agenda. Finance ministers and central bank governors of the United States, Japan, Canada, Britain, … [Read more...] about Money for Ukraine tops G7 agenda; inflation, food a concern
Kobay reports higher net profit of RM15mil in 3Q
KUALA LUMPUR: Kobay Technology Bhd ’s net profit more than doubled to RM15.1mil in the third quarter ended March 31 (3Q) from RM7.06mil a year ago. Its revenue rose almost threefold to RM100.1mil in the third quarter against RM35.2mil a year prior. The engineering solution provider, in a statement, said growth mainly came from the manufacturing segment which saw a … [Read more...] about Kobay reports higher net profit of RM15mil in 3Q
Kobay Q2 net profit surges
PETALING JAYA: Kobay Technology Bhd posted a net profit of RM14.52mil in the second quarter ended Dec 31, 2021, more than double from RM5.95mil a year ago, thanks to strong orders from the semiconductor and electrical and electronics (E&E) industries. In a filing with Bursa Malaysia yesterday, the group said its revenue for the quarter almost tripled to RM92.83mil … [Read more...] about Kobay Q2 net profit surges
Cambodia iron, steel imports mount as construction sector recovers
PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia imported iron and steel worth US$119.72 million in the first four months of 2022, marking an increase of 19 per cent over the $101 million recorded in the same period last year, according to Customs. This accounted for 1.192 per cent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, … [Read more...] about Cambodia iron, steel imports mount as construction sector recovers