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‘Labour disputes may be open to abuse’

‘Labour disputes may be open to abuse’

KUALA LUMPUR: The labour chapter under the Trans-Pacific Partnership Agreement (TPPA) will open up Malaysia’s industrial court system to abuse, said Bantah TPPA. Parti Sosialis Malaysia treasurer and coordinator of Bantah TPPA Sivarajan Arumugam said certain provisions have been inserted into the labour chapter, for example Article 19.12, which allows investors to take the legal […]

November 8, 2015 | By | Reply More
Support TPP deal, says AmCham

Support TPP deal, says AmCham

PETALING JAYA: The American Malaysian Chamber of Commerce (AmCham) has urged stakeholders in Malaysia to support the Trans-Pacific Partnership (TPP) agreement and to continue efforts to build a strong foundation for the country’s economy. “By promoting greater participation among Malaysian companies in the global supply chain, Malaysia’s critical sectors stand to benefit from the TPP […]

November 8, 2015 | By | Reply More
TPPA has no impact on monetary policy

TPPA has no impact on monetary policy

PETALING JAYA: While the 12 members of the Trans-Pacific Partnership Agreement (TPPA) have pledged not to deliberately weaken their currencies to win an export edge, analysts opined that this will not tie Malaysia’s hands in conducting monetary policy. Hong Leong Investment Bank (HLIB) Research economist Sia Ket Ee believes that each country will be able […]

November 8, 2015 | By | Reply More
Ringgit closes lower against US dollar

Ringgit closes lower against US dollar

KUALA LUMPUR: The ringgit closed lower against US dollar today as traders remained cautious ahead of the release of US jobs data later today, dealers said. At 5pm, the ringgit was quoted at 4.3070/3160 against the greenback from Thursday’s 4.2920/2970. A dealer said economists expected a positive data and thus strengthened US Federal Reserves officials’ […]

November 6, 2015 | By | Reply More
Bursa Malaysia ends lower

Bursa Malaysia ends lower

KUALA LUMPUR: Bursa Malaysia settled the day lower on last-minute selling in selected bluechips, in line with the weaker Asian markets dampened by overall weak sentiment. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 2.84 points to end at 1,685.70 after moving between 1,685.08 and 1,693.07 throughout the day. Gainers thumped losers […]

November 6, 2015 | By | Reply More
Ringgit closes lower against US dollar

Ringgit closes lower against US dollar

KUALA LUMPUR: The ringgit closed lower against US dollar today as traders remained cautious ahead of the release of US jobs data later today, dealers said. At 5pm, the ringgit was quoted at 4.3070/3160 against the greenback from Thursday’s 4.2920/2970. A dealer said economists expected a positive data and thus strengthened US Federal Reserves officials’ […]

November 6, 2015 | By | Reply More
Bursa Malaysia ends lower

Bursa Malaysia ends lower

KUALA LUMPUR: Bursa Malaysia settled the day lower on last-minute selling in selected bluechips, in line with the weaker Asian markets dampened by overall weak sentiment. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 2.84 points to end at 1,685.70 after moving between 1,685.08 and 1,693.07 throughout the day. Gainers thumped losers […]

November 6, 2015 | By | Reply More
Malaysian property industry Oscars

Malaysian property industry Oscars

CONSUMERS are the ultimate end-users of products and services. Understanding their views and opinion is important for all marketers. Likewise those who purchase property, be it for their own residence, office-space, investment or rental income, are the ultimate end-users of the properties promoted by developers. Having believed and invested in the developers’ offerings, their views […]

November 6, 2015 | By | Reply More
KL shares lower at opening

KL shares lower at opening

KUALA LUMPUR: Bursa Malaysia opened lower today on profit-taking activities and in tandem with the downtrend among regional peers, following the weaker overnight close on Wall Street. At 9.13am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,686.44, down 2.1 points, after opening at 1,686.35. Gainers led losers 180 to 129, while 189 […]

November 6, 2015 | By | Reply More
Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar today on subdued sentiment amid optimism of an interest rate hike in the US this year. At 9.18am, the ringgit was quoted at 4.2940/3010 versus the greenback from 4.2920/2970 at 5pm on Thursday. A dealer said a recent comment from US Federal Reserve Chair Janet […]

November 6, 2015 | By | Reply More