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How Covid-19 killed the KL-Singapore project

January 02, 2021 5:00 AM

Malaysia's decision yesterday to cancel the high-speed rail (HSR) project with Singapore was a painful one, say analysts, but a necessary move to shore up its domestic economy against the more immediate onslaught of the coronavirus pandemic.

Malaysia faces revenue crunch as spending mounts on coronavirus woes

December 21, 2020 7:22 AM

The government expects revenue to rise 4.2 per cent next year.

Chinese leaders pledge to keep up economic recovery

December 19, 2020 5:00 AM

Senior Chinese leaders have pledged to maintain "necessary support" to keep up China's economic recovery, as the world's second-largest economy continues to face uncertainties and headwinds.

Wuhan: A city of resilience, a city of scars

December 12, 2020 5:00 AM

WUHAN - On a rainy Sunday evening, a line of about 100 cars is at a standstill waiting to enter an upscale mall in the Guanggu district east of Wuhan.

Japan compiles new $947b economic stimulus package

December 09, 2020 5:00 AM

TOKYO • Japan announced a fresh US$708 billion (S$946.8 billion) economic stimulus package yesterday to speed up the recovery from the country's deep coronavirus-driven slump, while targeting investment in new growth areas such as green and digital innovation.

India to overlook fiscal deficit worries in virus recovery fight

December 08, 2020 4:15 PM

Stimulus spending won't be wound down in a hurry either, Finance Minister Nirmala Sitharaman said

Uncertainty in politics, policymaking sours Malaysia's credit rating

December 08, 2020 1:29 PM

KUALA LUMPUR - Malaysia's downgrade by one of the world's top credit rating agencies has cast a light on standards of governance and political instability in the country where a third Prime Minister in as many years is facing a potential ouster.

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