Recent Articles

Europe, US escalate trade war with duelling disputes at the WTO

Europe, US escalate trade war with duelling disputes at the WTO

  An employee monitors electric arc furnace at Liberty Steel’s Aldewerke mill in Rotherham, U.K., on Wednesday, March 21, 2018. (Bloomberg pic) GENEVA: China and the EU have joined a group of countries asking the World Trade Organization to investigate the Trump administration’s decision to impose metals tariffs on national security grounds. In a separate […]

October 19, 2018 | By | Reply More
China urges investor calm while stopping short of market rescue

China urges investor calm while stopping short of market rescue

A man sits in front of an electronic board displaying share prices at a securities brokerage in Beijing, China, on Monday, March 7, 2016. (Bloomberg pic) HONG KONG: China’s top financial officials moved to shore up confidence in the country’s tumbling stock market, marshalling a rare show of coordinated verbal intervention as the government tries […]

October 19, 2018 | By | Reply More
The Rice Day 2018 campaign

The Rice Day 2018 campaign

HOUSEHOLD brand names Jasmine Food Corporation (Jasmine) and Tefal Malaysia collaborate in organising The Rice Day 2018. The event was established to create awareness and educate the public on the benefits of rice, at the same time bust the myths and common misconceptions about this dietary staple. The event, themed “No Rice, No Life”, is […]

October 19, 2018 | By | Reply More
Ringgit closes slightly lower against US dollar

Ringgit closes slightly lower against US dollar

Malaysian ringgit notes against US dollar background KUALA LUMPUR: The ringgit continued its downtrend to close slightly lower against the US dollar today, as buying sentiment towards the local unit deteriorated after the government cut economic growth projections and dropped plans to balance the budget by 2020. At 6pm, the ringgit edged down to 4.1560/1600 […]

October 19, 2018 | By | Reply More
Broader external market weakness  pulls FBM KLCI lower

Broader external market weakness pulls FBM KLCI lower

Bursa Malaysia (Bloomberg pic) KUALA LUMPUR: Bursa Malaysia ended lower today on a broader external market weakness, but the decline was capped by selective play in plantations and third liners, an analyst said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 5.87 points to 1,732.14 against Thursday’s close of 1,738.01. The index opened 4.3 […]

October 19, 2018 | By | Reply More
BIG promo offer from KK to Kunming, direct

BIG promo offer from KK to Kunming, direct

FROM Nov 30, Sabahans will be able to fly direct from Kota Kinabalu to Kunming. The new route on AirAsia will offer four flights a week and marks AirAsia Group’s fourth route into the capital of Yunnan province. It is also the airline’s 10th international route from the hub in Kota Kinabalu. Kunming, known as […]

October 19, 2018 | By | Reply More
Nazir Razak steps down as CIMB chairman today, succeeded by Mohd Nasir Ahmad

Nazir Razak steps down as CIMB chairman today, succeeded by Mohd Nasir Ahmad

PETALING JAYA: CIMB Group Holdings Bhd has received Bank Negara Malaysia’s approval for the appointment of Datuk Mohd Nasir Ahmad as the group chairman effective tomorrow. He will succeed Datuk Seri Nazir Razak, who is stepping down today. On Sept 24, Nazir announced his intention to retire from his position as the group chairman and […]

October 19, 2018 | By | Reply More
Ringgit closes slightly lower against US dollar

Ringgit closes slightly lower against US dollar

KUALA LUMPUR: The ringgit continued its downtrend to close slightly lower against the US dollar today, as buying sentiment towards the local unit deteriorated after the government cut economic growth projections and dropped plans to balance the budget by 2020. At 6pm, the ringgit edged down to 4.1560/1600 versus the greenback from 4.1550/1580 on Thursday. […]

October 19, 2018 | By | Reply More
Boustead: Alleged land conspiracy involved 200 acres in Selangor

Boustead: Alleged land conspiracy involved 200 acres in Selangor

PETALING JAYA: The land transactions named in businessman Deepak Jaikishan’s lawsuit involves three pieces of freehold land measuring 200 acres in Selangor that were acquired for RM130 million cash, said Boustead Holdings Bhd. In a filing with Bursa Malaysia, Boustead said in December 2012, it acquired two plots of land measuring 96.825 acres and 81.085 […]

October 19, 2018 | By | Reply More
Melati Ehsan appointed turnkey contractor for PJ commercial project

Melati Ehsan appointed turnkey contractor for PJ commercial project

PETALING JAYA: Melati Ehsan Holdings Bhd’s wholly owned subsidiary Bayu Melati Sdn Bhd (BMSB) has been appointed the main/turnkey contractor to construct shops, commercials lots and serviced apartments in Section 40, Petaling Jaya. The appointment of BMSB as main/turnkey contractor of the project is by virtue of the privatisation agreement dated Oct 19, 2018 entered […]

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