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Gas Malaysia's Q2 net profit rises 42.39 pct to RM48.07 mil

Gas Malaysia's Q2 net profit rises 42.39 pct to RM48.07 mil

<p>KUALA LUMPUR: Gas Malaysia Bhd’s net profit in the second-quarter (Q2) ended June 30, 2018 escalated 42.39 per cent to RM48.07 million from RM33.76 million a year ago.</p> © New Straits Times Press (M) Bhd

August 8, 2018 | By | Reply More
6 million Ikea shoppers expected to hit up India’s first store

6 million Ikea shoppers expected to hit up India’s first store

Sweden’s Ikea expects to welcome as many as 6 million visitors a year to Hitec City, on the outskirts of Hyderabad, India’s fourth-biggest city. India’s indoor furniture market is set to reach US$10.7 billion in 2022. (Bloomberg pic) MUMBAI: In a milestone that’s been more than a decade in the making, India’s first Ikea store […]

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Tesla engages Chinese banks to fund its Shanghai factory

Tesla engages Chinese banks to fund its Shanghai factory

Shanghai authorities are helping Tesla obtain loans from some of the biggest Chinese banks. With a factory just outside of Shanghai, Musk’s vision of making inroads in the world’s biggest electric-vehicle market and finally making Tesla profitable. (Bloomberg pic) SHANGHAI: Elon Musk’s shock US$82 billion offer to buy out the loss-making Tesla Inc. has the […]

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BMW Malaysia presents the BMW i Roadshow

BMW Malaysia presents the BMW i Roadshow

<p>KUALA LUMPUR: BMW Malaysia is set to drive the future of electro mobility further in Malaysia with the showcase of its Born Electric: The BMW i Roadshow.</p> © New Straits Times Press (M) Bhd

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Ringgit ends unchanged against US dollar

Ringgit ends unchanged against US dollar

KUALA LUMPUR: The ringgit closed unchanged against the US dollar today against a backdrop of improved sentiment coupled with better-than-expected economic data from China, dealers said. At 6pm, the ringgit closed at 4.0740/0770 against the greenback versus 4.0740/0790 on Tuesday. A dealer said stronger-than-expected readings on China’s exports and foreign exchange reserves boosted the yuan […]

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Business Insider helps German publisher Springer win the web

Business Insider helps German publisher Springer win the web

Doepfner, Springer’s chief executive officer, envisions a high-tech hub of online brands that will ensure the company’s prosperity. Portrait of Axel Springer CEO Mathias Doepfner. (Bloomberg pic) BERLIN: Weaving past workers in orange vests and hard hats, Mathias Doepfner struts through what looks like a giant steel-and-concrete bird’s nest in central Berlin, which will become […]

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Kelington Group bags RM55 mil contracts in Singapore and Malaysia

Kelington Group bags RM55 mil contracts in Singapore and Malaysia

<p>KUALA LUMPUR: Integrated engineering solutions provider Kelington Group Bhd has recently bagged several new contracts worth RM55 million in Singapore and Malaysia.</p> © New Straits Times Press (M) Bhd

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Samsung Great Treat

Samsung Great Treat

THERE is more reason to purchase a home entertainment set or new household appliances now! Purchase your favourite television set from selected models of Samsung Malaysia Electronics and get a free petrol gift card (worth up to RM500). This is on top of cash rebates and free household appliances worth up to RM810 but during […]

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Bursa closes at Intra-day high of 1,804.73

Bursa closes at Intra-day high of 1,804.73

KUALA LUMPUR: Bursa Malaysia bucked most of its Asian peers today with the FTSE Bursa Malaysia KLCI (FBM KLCI) closing at an intra-day high of 1,804.73 points, up 13.64 points or 0.76%, on continued support of international investors who were buying into local stocks coupled with encouraging corporate earnings. The market uptrend was noted since […]

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Prudential’s Asia profits soars ahead of UK business demerger

Prudential’s Asia profits soars ahead of UK business demerger

Prudential reported first-half profit from its Asian operations soared 14% ahead of a spinoff that would separate its UK operations from faster-growing markets elsewhere. Prudential Plc Headquarters as company to split firm by spinning off UK operations. (Bloomberg pic) LONDON: Prudential Plc’s focus on Asia is paying off. Prudential reported that first-half profit from its […]

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