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TM posted a loss of RM51.09 million for the last quarter of 2019
KUALA LUMPUR: Telekom Malaysia Bhd (TM) posted a net loss of RM51.09 million for the fourth quarter of 2019, compared with RM69.65 million net profit the previous year due to a one-off RM233.7 million fair value adjustment on medium-term notes
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Dr M: Two more national cars and one motorbike project under NAP 2020
KUALA LUMPUR: The government plans to develop two national cars and one national motorcycle in the new Malaysia Vehicle Project under the National Automotive Policy 2020 (NAP 2020). Malaysia is also open to foreign collaborations for the development of the
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Statistics Dept: M’sia consumer price index up 1.6%
Malaysia’s January consumer price index (CPI) rose 1.6% from a year earlier, the fastest pace in nearly two years, government data showed today. The annual inflation rate was in line with the pace forecast by economists in a Reuters poll
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India trade group slams refined palm oil import licences
NEW DELHI: An Indian trade group representing vegetable oil importers yesterday slammed the government for issuing licences to import refined palm oil, saying this was not in line with the “stated objective” of last month’s order restricting RBD palmolein imports.
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TH posts RM1.3 bln profit in first nine months of 2019 amid restructuring process
KUALA LUMPUR: Lembaga Tabung Haji (TH) has demonstrated the seeds of recovery by registering a profit of RM1.3 billion for the first nine months of 2019, as a result of its restructuring exercise. Urusharta Jamaah Sdn Bhd (UJ) said for
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Malaysia’s labour productivity in Q4 2019 up 1.5%
PUTRAJAYA: Malaysia’s labour productivity in the fourth quarter of 2019 (Q4 2019), as measured by value added per hours worked, rose 1.5% compared to a growth of 2.6% in the third quarter 2019 (Q3 2019), the Department of Statistics Malaysia
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Touch ‘n’ Go top-up charges waived at Shell stations along PLUS, LPT
KUALA LUMPUR: Shell Malaysia has waived the 50 sen Touch ‘n Go top-up fee at all stations along the PLUS Expressways (NKVE and ELITE) and the East-Coast Expressways (LPT). Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd managing
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Malaysia Airlines: Business class rates discounted by 40%
KUALA LUMPUR: Malaysia Airlines is offering a discount of up to 40% on Business Class fares for both domestic and international destinations. The special promotion starts from today and ends on March 2, for immediate travels up to Jan 31,
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APEC: Unpredictability is the biggest concern of world economies now
PUTRAJAYA: The Asia-Pacific Economic Cooperation (APEC) member economies are facing a different challenge today, compared to when the group was founded in 1989 with unpredictability emerging as the new norm. The International Trade and Industry Ministry’s deputy secretary-general Datuk Seri
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TH hotels to continue operating under UJPM
KUALA LUMPUR: The operations of four Lembaga Tabung Haji (TH) hotels which has been transferred to the Finance Ministry’s special purpose vehicle, Urusharta Jamaah Sdn Bhd (UJ), will continue under the new management without any downsizing. The entire management and staff of
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