Rig dearth aggravates Indonesia’s declining oil and gas production
Pertamina EP, the exploration and production arm of state-owned oil and gas company Pertamina, blamed a dearth of oil rigs…
AI boom set to fuel data centre deals in Asia
Global private equity investors and asset managers are readying for billions of US dollars worth of mergers and acquisitions (M&A)…
Thai business group cuts 2024 GDP growth forecast
Thailand’s economy is expected to grow between 2.2% and 2.7% this year, down from a previous forecast of 2.8% to…
Epsom sees more student enrolment from UK
Epsom College in Malaysia (ECiM) is prepared to accommodate an increase in student enrolment following the introduction of its special…
MNRB net profit at 50-year high in FY24
MNRB Holdings Bhd (MNRB) aims to continue pursuing growth in overseas markets and venture into specialised business lines for its…
DeepMind alumni raise US$200mil funding round for Holistic AI
Holistic AI, a new startup in Paris working to leapfrog other generative artificial intelligence (AI) models, has closed the first…
TotalEnergies mulls moving listing to Wall St
TotalEnergies SE’s chief executive officer has plenty of reasons to antagonise the French government with the possibility of moving its…
KKR to buy Perpetual wealth, corporate units
Perpetual says that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18bil (US$1.43bil),…
In rapidly ageing China, millions just cannot afford retirement
After three decades of selling homemade buns on the streets of the Chinese city of Xian, 67-year-old Hu Dexi would…