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Malaysia’s biodiesel output, exports set to hit record high levels

Malaysia’s biodiesel output, exports set to hit record high levels

KUALA LUMPUR: Malaysian biodiesel production is likely to hit record levels this year and next. The 2018 exports are on track to double from 2017, pushed up as higher oil prices boost the appeal of biofuels, the head of an industry association said on Wednesday. The Southeast Asian nation is the world’s No. 2 producer […]

October 17, 2018 | By | Reply More
Nasir Ali appointed AmanahRaya chairman

Nasir Ali appointed AmanahRaya chairman

Mohd Nasir Ali. PETALING JAYA: Amanah Raya Berhad (AmanahRaya) has announced the appointment of Mohd Nasir Ali as its new chairman, effective Oct 12, replacing Sabbaruddin Chik. Kumpulan AmanahRaya’s managing director Adenan Md Yusof was reported by Utusan Malaysia as saying that Nasir was capable of leading AmanahRaya as he was previously one of its […]

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Cambodia’s garment workers fear EU trade threat but producers optimistic

Cambodia’s garment workers fear EU trade threat but producers optimistic

Cambodian women workers leaves the factory during a lunch break in Phnom Penh (AFP pic) PHNOM PENH: A European Union decision to ramp up trade pressure on Cambodia has alarmed unions in its garment industry, a pillar of the economy that employs about 700,000 people, but a key grouping of manufacturers said the risk would […]

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Pollution charge on single-use plastics by 2021

Pollution charge on single-use plastics by 2021

KUALA LUMPUR: The government is working towards implementing a pollution charge for single-use plastics which will be imposed on fixed premises at a rate of 20 sen or higher, to be determined by state governments through local councils. They include premises such as hypermarkets, supermarkets, department stores, convenience stores, fast food restaurants, petrol station convenience […]

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Govt to impose pollution charges on single-use plastics

Govt to impose pollution charges on single-use plastics

KUALA LUMPUR: The government is looking to introduce pollution charges on single-use plastics, for which the rates will be determined by local councils through state governments, said Energy, Science, Technology and Climate Change Minister Yeo Bee Yin. The initiative is part of Malaysia’s Roadmap Towards Zero Single-Use Plastics 2018-2030. A minimum charge of 20 sen […]

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Public Bank’s Teh named BrandLaureate Man of the Year 2018

Public Bank’s Teh named BrandLaureate Man of the Year 2018

PETALING JAYA: Public Bank Bhd founder and chairman Tan Sri Datuk Seri Dr Teh Hong Piow has been awarded ‘The BrandLaureate Hall of Fame – Lifetime Achievement Award 2018 – Man of the Year by the Asia Pacific Brands Foundation (APBF). APBF president Dr KK Johan presented the award to Teh at a ceremony held […]

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Bursa Malaysia stays firmer at mid-afternoon

Bursa Malaysia stays firmer at mid-afternoon

Bursa Malaysia (Bernama pic) KUALA LUMPUR: Bursa Malaysia stayed firmer at mid-afternoon today lifted by gains in selected heavyweights led by Genting-linked counters. At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,741.12, up 4.28 points from 1,736.84 on Tuesday. The index opened 4.69 points stronger at 1,741.53. On the broader market, […]

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EU delegation to meet local palm oil players for the first time next week

EU delegation to meet local palm oil players for the first time next week

KUALA LUMPUR: A panel of experts from the European Union (EU) Commission will be coming to Malaysia next week, for the first time, to asses the local palm oil industry as well as to engage with stakeholders. Ambassador and Head of EU to Malaysia, Maria Castillo Fernandez said the delegation is expected to be here […]

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Tokyo shares rise after Wall Street rally

Tokyo shares rise after Wall Street rally

(AFP pic) TOKYO: Tokyo stocks ended higher on Wednesday with investor sentiment boosted by robust corporate earnings that triggered a rally on Wall Street and lifted shares in Asia. The benchmark Nikkei 225 index rose 1.29% or 291.88 points to 22,841.12 while the broader Topix index added 1.54% or 25.96 points at 1,713.87. Previous articleZahid diberi notis […]

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Digi.com sees higher earnings in Q3, proposes 5 sen dividend

Digi.com sees higher earnings in Q3, proposes 5 sen dividend

PETALING JAYA: Digi.com Bhd reported a 2.1% rise in net profit to RM392.54 million for the third quarter ended September 30, 2018 against RM384.62 million in the previous corresponding period, underpinned by higher data consumption and lower depreciation and amortisation. Its revenue expanded 1.9% to RM1.6 billion from RM1.57 billion. The group has proposed to […]

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