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Khazanah to sell entire stake in Indonesian toll highway
KUALA LUMPUR: Khazanah Nasional Bhd is selling its entire stake in the Cikopo-Palimanan (Cipali) toll road, one of the longest toll roads in Indonesia to the Canada Pension Plan Investment Board (CPPIB). CPPIB and its partner, PT Baskhara Utama Sedaya
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HUR, a leader in resolving ageing, rehabilitation and maintaining wellness
HUR (Helsinki University Research) is a world-leading training solution offers well-proven exercising concepts for active ageing, rehabilitation and the inclusive wellness market. Every feature of HUR’s solutions has been designed to simplify use, ensure safety, and increase motivation – for
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Ringgit moderately lower against US dollar
KUALA LUMPUR: The ringgit was moderately lower against the US dollar at Thursday’s opening on lack of demand despite yesterday’s decision by the US Federal Reserve to cut interest rate. At 9 am, the ringgit eased to 4.1905/1945 versus the
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Tony Fernandes resigns from all posts, except AirAsia Group and AirAsia X
PUCHONG: AirAsia Group Bhd chief executive Tan Sri Tony Fernandes announced that he will relinquish all board positions from his companies, except AirAsia Group and AirAsia X Berhad. Announcing his decision via Twitter, Fernandes said that he plans to allow
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Index slide 0.45%, oil prices cooled off
KUALA LUMPUR: The FBM KLCI fell 0.45% in early trade this morning, weighed by select index-linked stocks as crude oil prices stabilised somewhat. At 9.05am, the FBM KLCI fell 7.13 points to 1,597.17. The decliners included Hong Leong Financial Group
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Analysts: Malaysia will benefit from oil price rise
KUALA LUMPUR: Malaysia is one of the few Asian countries that will benefit from the spike in oil prices in the aftermath of the attack on Saudi Arabia’s petroleum facilities that knocked out more than five percent of global supply
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Redzuan: SMEs needs to buck up with culture to succeed
KUALA LUMPUR: The small and medium enterprise sector needs to buck up with the culture to succeed and contribute up to 50 percent to the economy, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof. “Appreciating culture is not new.
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US, China grant trade concessions ahead of talks
WASHINGTON/BEIJING: US President Donald Trump yesterday welcomed China’s decision to exempt some of US’ anti-cancer drugs and other goods from its tariffs and announced a delay to scheduled tariff hikes on billions worth of Chinese goods. Beijing’s exemptions and Washington’s
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Malaysia retail industry grew 4.5% in 2nd quarter 2019
KUALA LUMPUR: Malaysia’s retail industry reported a year-on-year (y-o-y) growth rate of 4.5% in retail sales in the second quarter of 2019, according to Retail Group Malaysia (RGM). In its September 2019 Retail Industry report, RGM said this latest quarterly
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India-China spat delays global trade matters
NEW DELHI: A spat between the world’s most populous countries is holding up a pan-Asian trade agreement encompassing nearly a third of all global trade. Trade ministers from 16 Asia-Pacific countries this week hailed a “critical milestone” after seven years
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