Business

Malaysia's economic outlook improves in March 2020, driven by leading index growth. Despite pandemic challenges, key sectors like housing, imports, and new company registrations demonstrate potential recovery and economic resilience.

Amazon has added Pakistan to its sellers list, marking a significant milestone for Pakistani online entrepreneurs. This development allows Pakistani sellers to access international markets, potentially creating new job opportunities and revenue streams through e-commerce platforms.

Singapore's economy showed resilience in the first quarter of 2021, with a 1.3% growth according to the Ministry of Trade and Industry. Despite ongoing global economic challenges from the pandemic, the country's economic performance remains promising, with a full-year forecast expected to be reviewed in August.

Malaysian banks with A3 stable outlook benefit from a resilient economy. Despite pandemic challenges, the sector demonstrates strong performance with expected GDP growth of 5-5.5% and solid macroeconomic policies supporting financial stability.

Malaysia's Petronas, a leading petroleum company, has pioneered a new approach in LNG trading by using Canadian pricing indicators for a spot cargo sale to a Far East buyer. This marks a significant step in the company's global energy strategy and market positioning.

Electric car manufacturer Tesla has obtained a substantial loan of 9 billion yuan ($1.29 billion) from Chinese financial institutions to support its Shanghai Gigafactory. The loan facility will help finance the company's growing manufacturing operations in China, marking a significant investment in the region.

Singapore's non-oil domestic exports (NODX) increased by 6% in April, slower than March's 11.9% growth. Electronic exports rose 10.9%, supported by strong semiconductor demand and increased shipments of computers, diodes, and semiconductors. Petrochemicals and basic chemicals also showed significant growth.

Telecommunication giant Axiata Group Bhd is confident in achieving its dividend target of 20 sen per share by 2024. CEO Datuk Izzaddin Idris highlights the company's strategic shift towards becoming a high-profit organization, supported by robust financial foundations and focus on digital transformation.

The coronavirus pandemic has dramatically reshaped global economic landscapes, causing severe supply chain disruptions, panic buying, and unprecedented economic challenges that extend beyond initial vaccination efforts.(100 words that provide a concise overview and include searchable keywords)

Chinese manufacturers are under global scrutiny for selling counterfeit personal protective equipment (PPE). In February, authorities confiscated over 31 million substandard face masks and arrested 1,560 suspects involved in fraudulent production and distribution of coronavirus gear.