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Fears grow for India’s missing coffee king
BANGALORE: Indian police on Tuesday launched a major hunt for coffee tycoon V.G. Siddhartha, amid mounting fears for the billionaire who admitted in a letter before disappearing that he had “failed as an entrepreneur”. The founder of the Cafe Coffee
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Malaysia, India’s new top palm oil supplier
MUMBAI: Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta,
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Bank of Japan hints at more easing if inflation sputters, keeps policy steady
TOKYO: The Bank of Japan held off on expanding stimulus on Tuesday but signaled its readiness to do so “without hesitation” if a global slowdown jeopardizes the country’s economic recovery. Growing fallout from the U.S.-China trade war has prompted major
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AirAsia: No more processing fee for online banking and credit card customers
KUALA LUMPUR: Low-cost carrier AirAsia Group Bhd says it will remove the processing fee for passengers who pay either through online banking and credit card from October. “We still have some charges to drive traffic to cheaper, safer and less
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Singapore to stop production of ‘Sling’ LNG price indices
SINGAPORE: Singapore’s Energy Market Company (EMC) will stop producing and publishing price indices for liquefied natural gas (LNG) in the city-state known as ‘Sling’, the company said in an undated statement on its website. EMC said Sling – short for
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Mexico unveils $25 billion stimulus package to boost economy
MEXICO CITY: Mexico unveiled on Monday a stimulus package of over $25 billion to boost the country’s infrastructure, investment and private consumption as Latin America’s second-largest economy teeters on the brink of a recession. The announcement by Finance Minister Arturo
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Sephora’s Asia Pacific online customers hit by data breach
SINGAPORE: Sephora’s customers who have online accounts with the cosmetics and beauty products retailer were alerted yesterday to a data breach discovered by the company in the last fortnight. In an email sent out to its customers in the Asia-Pacific
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TM: Reduced Streamyx plan, wireless broadband to be introduced
IPOH: Telekom Malaysia (TM) will be reducing the price of 8Mbps Streamyx plan from RM160 a month to RM69 for existing customers. New customers can get the plan at RM89. However, it will only be announcing more details at a
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Ambank unaffected by Najib trial, non compliance fines
KUALA LUMPUR: The ongoing trial of former prime minister Datuk Seri Najib Razak and the biggest fine imposed on Ambank has not impacted Ambank, said its chief executive officer, Datuk Sulaiman Mohd Tahir. “It has not impacted our business. As
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Malaysia Airlines’ KL-Istanbul charter flights underway
KUALA LUMPUR: Malaysia Airlines Bhd (MAB) has partnered Turkish-Dorak Holdings to provide charter flights between Kuala Lumpur and Istanbul’s Sabiha Gokcen International Airport from October until December 2019. A three-month agreement signed between the national carrier and Turkish-Dorak on Friday
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