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French grape harvest heading to historic low

French grape harvest heading to historic low

PARIS: Knocked off course by a cold spring snap, French wine production from Bordeaux to Alsace has dropped dramatically this year and could hit “a historic low“, according to the agriculture ministry.

July 22, 2017 | By | Reply More
Truckers crying foul over massive delays at Westports

Truckers crying foul over massive delays at Westports

KLANG: The ongoing massive congestion at Westports is taking a heavy toll not only on hauliers in terms of financial losses but also truck drivers’ health.

July 22, 2017 | By | Reply More
M'sian rubber industry shifting to high-value engineering: Mah Siew Keong

M'sian rubber industry shifting to high-value engineering: Mah Siew Keong

KUALA LUMPUR: The Malaysian rubber export industry is moving towards high-value precision engineering, Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said today.

July 22, 2017 | By | Reply More
MAHB maintains 8pc growth target

MAHB maintains 8pc growth target

MAHB maintains 8pc growth target

July 22, 2017 | By | Reply More
Fitch maintains 'junk' rating on Turkey, points to stimulus costs

Fitch maintains 'junk' rating on Turkey, points to stimulus costs

ISTANBUL: Ratings agency Fitch on Friday maintained its “junk” rating on Turkey’s sovereign debt, citing domestic political and regional risks as well as the impact of economic stimulus measures that could weaken the country’s fiscal performance.

July 21, 2017 | By | Reply More
Cahya Mata Sarawak names Isaac Lugun as chief corporate officer, Goh Chii Bing as chief operating officer

Cahya Mata Sarawak names Isaac Lugun as chief corporate officer, Goh Chii Bing as chief operating officer

KUALA LUMPUR: Cahya Mata Sarawak Bhd announced today that Datuk Isaac Lugun and Goh Chii Bing will be appointed group chief corporate officer and group chief operating officer, respectively, when present group managing director Datuk Richard Curtis retires on Dec 31.

July 21, 2017 | By | Reply More
Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019

Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019

KUALA LUMPUR: Ipmuda Bhd aims to garner up to RM4 million in sales by mid-2019 as it takes in orders from hotels and commercial office units looking to upgrade and incorporate luxury shower heads and taps.

July 21, 2017 | By | Reply More
Credit Suisse revises M'sia's GDP growth forecast upwards, again, to 5.6%

Credit Suisse revises M'sia's GDP growth forecast upwards, again, to 5.6%

KUALA LUMPUR: Credit Suisse has developed a more upbeat outlook on Malaysia’s growth story this year, revising its forecast upwards again, this time to 5.6 per cent from 5.1 per cent.

July 21, 2017 | By | Reply More
ABM: Banks have not deviated from usual approach to screening loan applications

ABM: Banks have not deviated from usual approach to screening loan applications

KUALA LUMPUR: The 27-member Association of Banks in Malaysia (ABM), has issued a statement saying that in the Jan-May 2017 period, banks disbursed RM24.6 billion in loans for the purchase of residential property, and assured that commercial banks will continue providing financing to eligible house buyers.

July 21, 2017 | By | Reply More
ABM: Banks have not deviated from usual approach to screening loan applications

ABM: Banks have not deviated from usual approach to screening loan applications

KUALA LUMPUR: The 27-member Association of Banks in Malaysia (ABM), has issued a statement saying that in the Jan-May 2017 period, banks disbursed RM24.6 billion in loans for the purchase of residential property, and assured that commercial banks will continue providing financing to eligible house buyers.

July 21, 2017 | By | Reply More