Business

UK Grants USD 2 Billion Loan to JLR Following Cyberattack

London: The British government announced financial loan guarantees on Sunday to help Jaguar Land Rover (JLR) secure loans worth GBP 1.5 billion (USD 2 billion). The announcement comes in response to severe disruptions to the company’s supply chain cau…

Malaysia: ASEAN Ready to Explore Free Trade Deal with GCC

Kuwait city: The Association of Southeast Asian Nations (ASEAN) is prepared to explore a free trade agreement with the Gulf Cooperation Council (GCC), as announced by Malaysia. This development follows a joint economic cooperation announcement issued …

ASEAN Economic Ministers Sign Framework Agreement on Competition

Kuala lumpur: ASEAN economic ministers signed on Tuesday the ASEAN Framework Agreement on Competition (AFAC) during their 57th ministerial meeting in Kuala Lumpur, reaffirming their commitment to fairness, transparency, and integrity in regional marke…