Business
Back to homepageFAA downgrade may affect Malaysia Airlines’ codeshare deals
KUALA LUMPUR: Malaysian carriers, including Malaysia Airlines, will have their operations and codeshares to and from the United States (US) limited to the existing levels following the US Federal Aviation Administration’s (FAA) downgrade of the Civil Aviation Authority of Malaysia’s
Read MoreEconomist: M’sia remains attractive to global investors
KUALA LUMPUR: Malaysia will continue to be on the global investors’ radar due to its solid economic position and its importance in the Belt and Road Initiative (BRI), said IQI Global chief economist Shan Saeed. There have been lots of
Read MoreMalaysia’s labour force rate soars to 68.7%
KUALA LUMPUR: The labour force participation rate in Malaysia for the month of September this year increased 0.1 percentage point to 68.7% as compared to the previous months, said the Department of Statistics Malaysia. It also saw an increase of
Read MoreFormer top judge appointed Prasarana chairman
KUALA LUMPUR: Former Chief Judge of Malaya, Tan Sri Zaharah Ibrahim has been appointed chairman of government-linked, public transport owner and operator, Prasarana Group, effective today. In a statement, Prasarana said Zaharah is filling the vacancy left by Tan Sri
Read MoreBusiness council to enhance trade ties between Msia, Nigeria
PUCHONG: With the official registration of the Malaysia Nigeria Business Council (MNBC), the business council now embarks on its mission to strengthen and enhance trade ties between Malaysia and Nigeria. Speaking at a press conference after the official handover of
Read MoreMd Agil is Affin Bank’s new chairman
KUALA LUMPUR: Affin Bank Bhd has appointed experienced banker Datuk Md Agil Mohd Natt as chairman effective Nov 8. The bank said he possesses in-depth banking knowledge, strong leadership capability and vast experience in corporate banking, investment banking as well
Read MoreMalaysia´s trade surplus soar by 15.3%
KUALA LUMPUR: Malaysia’s trade surplus in the first nine months of 2019 widened by 15.3% to RM100.86 billion, compared with RM87.47 billion registered in the same period last year. This was the largest January-September trade surplus recorded during the last
Read MoreRestriction on palm oil- related products may impact Malaysia’s export to India
KUALA LUMPUR: Malaysia’s current healthy export momentum to India may be significantly dampened, if there are restrictions against the import of palm oil-related products by that country, according to Ram Ratings. This is because palm oil is the biggest contributor
Read MoreBursa Malaysia starts November easier
KUALA LUMPUR: Bursa Malaysia opened November in a weak note as market sentiment turned bearish following a renewed US-China trade jitters that curbed investors’ risk appetite for equities. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.99
Read MoreAzmin: Trade spat with India over palm oil will not be prolonged
KUALA LUMPUR: The boycott of the Malaysia’s palm oil by Indian traders will likely not be prolonged as there were not enough supplies from top producer Indonesia to cover the shortfall, said Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali (pix). Indian
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