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Former 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
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Business 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
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Md 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
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Malaysia´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
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Restriction 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
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Bursa 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
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Azmin: 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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FAMA to establish middlemen register next year
FAMA chairman Ishak Ismail said the move will require middlemen to register with the agency as authorised marketers in accordance with the FAMA Act 1965. “There are some irresponsible middlemen who have bullied our farmers, taking the opportunity to raise
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Malaysia ranks 12th in World Bank Doing Business 2020 Report
KUALA LUMPUR: The World Bank Doing Business 2020 Report has ranked Malaysia in 12th position amongst 190 economies worldwide, a further improvement from the 15th spot the previous year, says the International Trade and Industry Ministry. Minister Datuk Darell Leiking
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New twist to Malaysia-India palm oil issue
KUALA LUMPUR: The Malaysia-India palm oil issue has taken a new twist. Amidst the call by an Indian trade association for importers to shun palm oil from Malaysia, a political body in South India has urged Prime Minister Narendra Modi
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