February 15, 2020 Business
Kuala Lumpur: Bursa Malaysia ended higher as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27.
February 13, 2020 Business
SINGAPORE: Boeing issued a stark warning Wednesday about the impact of the deadly coronavirus outbreak, saying there was “no question” it would hammer the aviation industry and the broader economy.
February 08, 2020 Business
PUTRAJAYA: Malaysia’s palm oil market share in Pakistan is set to grow from the current 22 per cent following Karachi’s commitment to buy more palm oil from the country, Primary Industries Minister Teresa Kok Suh Sim said Friday.
February 08, 2020 Business
Kuala Lumpur: The whole palm oil supply chain needs to work together in meeting the European Commission (EC) proposed regulation of 2.5 ppm for 3-MCPD esters or the industry may face another trade barrier with the trading bloc, according to the Malaysian Palm Oil Board (MPOB).
February 08, 2020 Business
Kuala Lumpur: Bursa Malaysia ended higher Friday lifted by last-minute buying supported mainly by financial services stocks, despite the easier performance on most regional markets, analysts said.
February 08, 2020 Business
Moscow: Russia on Thursday rejected proposals to slash crude output at an Opec+ meeting, media reported, and asked for more time to assess the impact of a new coronavirus on crude prices.
February 08, 2020 Business
DETROIT: Volkswagen is recalling nearly 107,000 older vehicles sold by its Audi luxury brand because Takata driver’s air bag inflators may not function properly or they could hurl shrapnel in a crash. The vehicles may have one of the 1.4 million air bag inflators that Takata recalled in December. They have a new and distinct problem from previous Takata recalls, but still can explode with too much force and blow apart a metal canister. The new problem has led to at least one death.
February 05, 2020 Business
PARIS: Fallout from the Airbus bribery scandal reverberated around the world as the head of one of its top buyers temporarily stood down and investigations were launched in countries aggrieved at being dragged into the increasingly political row.
February 04, 2020 Business
KUALA LUMPUR: Malaysia’s diversified export market serves as a huge advantage for the country in minimising the impact of slower demand expected from China following the 2019 novel coronavirus outbreak.
February 04, 2020 Business
Kuala Lumpur: Through the continuous support of an expanding customer base, Sports Direct Malaysia, opened its latest elevated superstore @ Bangsar Village 3, in the affluent Bangsar suburb of KL. This standalone store boasts a retail footprint of close to 18,000 sf, and marks the 30th store in Malaysia, since inception back in 2011.
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