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Panasonic suspends transactions with Huawei

TOKYO: Japanese consumer electronics giant Panasonic has announced the suspension of all transactions with Chinese telecommunications company Huawei in the wake of the US’ decision to add the company to the list of companies considered as a threat to the

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Malaysian banking system stable amidst weakening economy

KUALA LUMPUR: Moody’s Investors Service says that its outlook for the Malaysian banking system remains stable, as strong loss-absorbing buffers should mitigate a potential rise in credit costs and moderating profitability over the next 12 to 18 months. “The banks

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ASEAN to improve production technology and capacity

KUALA LUMPUR: Southeast Asia, particularly Malaysia, should focus on improving production technology and capacity, as well as regional integration in order to benefit from the shifting of supply chains due to changes in global trade, says HSBC Bank Malaysia Bhd.

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New investor confident of NFCorp

PUCHONG: The new investor which is set to take over the National Feedlot Corporation (NFCorp) are doing so based on two factors. First, the investor has assessed the work done by NFCorp and is satisfied with the work done by

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US-China trade war hits markets

WASHINGTON/BEIJING: Worries that the US and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harbouring ‘extravagant expectations’ for a deal to end their dispute. Investors added up

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NFCorp chairman: New owner will settle debt in three months

PUCHONG: National Feedlot Corporation (NFCorp) chairman Datuk Sri Dr Mohamad Salleh Ismail said that the debts owed by the company to the government will settled by the new owners if the government gave a green light for a company restructure.

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Google suspends business with Huawei post Trump blacklist

CALIFORNIA: Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow

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Amidst issues in Malaysia, Lynas Corp ventures into US

CANBERRA: Rare earths producer Lynas Corp confirmed that it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earth separation facility in the United States. Lynas’ move into the United States follows ongoing

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‘Felda settlers won’t lose their land rights’

KUALA LUMPUR: Federal Land Development Authority (Felda) today denied the news report in Berita Harian, among others, claiming its settlers were at risk of losing their land rights, alleging the contents in the article were inaccurate. Head of the Legacy

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Vietnam’s Industry 4.0: Opportunities and Challenges

In a recent Industry 4.0 summit in July 2018, the Vietnamese prime minister Nguyen Xuan Phuc stated that his administration was committed to creating a favourable environment for international organisations to collaborate in research and technology transfer with Vietnamese counterparts.

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