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Nikkei M'sia Manufacturing PMI posts lowest reading in 5 years

Nikkei M'sia Manufacturing PMI posts lowest reading in 5 years

KUALA LUMPUR: The headline Nikkei Malaysia Manufacturing Purchasing Managers’ Index, which records manufacturing performance, slipped to 46.9 in June, the lowest reading in five years.

July 3, 2017 | By | Reply More
Nikkei M'sia Manufacturing PMI posts lowest reading in 5 years

Nikkei M'sia Manufacturing PMI posts lowest reading in 5 years

KUALA LUMPUR: The headline Nikkei Malaysia Manufacturing Purchasing Managers’ Index, which records manufacturing performance, slipped to 46.9 in June, the lowest reading in five years.

July 3, 2017 | By | Reply More
TNB gets 'buy' call from HLIB Research

TNB gets 'buy' call from HLIB Research

KUALA LUMPUR: HLIB Research has given Tenaga Nasional Bhd a buy call with a target price of RM17 on news that TNB is getting RM1.3 billion in compensation from the government in order to cover its higher energy fuel costs under the Imbalance Cost Past Through mechanism.

July 3, 2017 | By | Reply More
Oil prices edge up on drop in US drilling

Oil prices edge up on drop in US drilling

SINGAPORE: Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity in months, although rising output from OPEC despite a pledge to cut supplies capped gains.

July 3, 2017 | By | Reply More
Oil prices edge up on drop in US drilling

Oil prices edge up on drop in US drilling

SINGAPORE: Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity in months, although rising output from OPEC despite a pledge to cut supplies capped gains.

July 3, 2017 | By | Reply More
July 3: Ringgit starts week higher against US dollar

July 3: Ringgit starts week higher against US dollar

KUALA LUMPUR: The ringgit opened higher today due to bearish sentiment for the US dollar after the release of its first-quarter gross domestic product (GDP) data last week, a dealer said.

July 3, 2017 | By | Reply More
July 3: Ringgit starts week higher against US dollar

July 3: Ringgit starts week higher against US dollar

KUALA LUMPUR: The ringgit opened higher today due to bearish sentiment for the US dollar after the release of its first-quarter gross domestic product (GDP) data last week, a dealer said.

July 3, 2017 | By | Reply More
Gov't targets furniture exports to top RM12b by 2020

Gov't targets furniture exports to top RM12b by 2020

KUALA LUMPUR: The government hopes Malaysian furniture manufacturers would be able to top RM12 billion by 2020, now that a total ban of rubberwood exports is in place.

July 2, 2017 | By | Reply More
Gov't targets furniture exports to top RM12b by 2020

Gov't targets furniture exports to top RM12b by 2020

KUALA LUMPUR: The government hopes Malaysian furniture manufacturers would be able to top RM12 billion by 2020, now that a total ban of rubberwood exports is in place.

July 2, 2017 | By | Reply More
Halal exports growth expected to increase by 5 to 6pct in 2017 – HDC

Halal exports growth expected to increase by 5 to 6pct in 2017 – HDC

KUALA LUMPUR: The Halal Industry Development Corporation (HDC) expects the exports of halal products to grow between five per cent and six per cent this year from RM42 billion recorded last year, said chief executive officer, Datuk Seri Jamil Bidin.

July 2, 2017 | By | Reply More