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Monopoly and labour woes continue to haunt businesses in New Malaysia
PUCHONG: A business leader questioned the rationale of the Pakatan Harapan government continuing the practice of monopoly even though it came to power on promises of reforms. “Pakatan Harapan claimed that they would end monopoly in businesses. Why then is
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Bursa Malaysia shares red amidst US-China trade war
KUALA LUMPUR: Bursa Malaysia opened sharply lower on Tuesday with 29 KLCI-components stocks trading in the red, tracking the global rout after China announced plans to impose higher tariffs on US$60 billion worth of US goods. At 9.10 am, the
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Lack of US-China trade deal weighs on Asian markets
Markets in Asia were largely down in morning trade on Monday as the lack of a US-China trade deal cast a cloud over the market. Investors watched the latest developments warily in the trade war between the world’s top two
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Johnson & Johnson reformulates baby care range
KUALA LUMPUR: Johnson & Johnson Malaysia today launched its new reformulation baby care products to meet market demand in the country. Country director of consumer Prashant Mahalingam said the new reinvented products came with new packaging and were set to
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Economic Affairs Ministry to focus on developing new industries
KUALA LUMPUR: The Economic Affairs Ministry will focus on developing new industries to drive the nation’s economy to a higher level and in tune with current developments. Its Minister Datuk Seri Mohamed Azmin Ali said the generation of new growth
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Nanjing Tech Week: New platform to expand international ‘friends circle’
Nanjing: Themed ‘Innovation in Nanjing, Limitless Opportunities’, the ‘Nanjing Tech Week’ will be held on June 26, with the principal of “innovating, sharing and winning together”. Nanjing Tech Week brings together innovative minds to exchange groundbreaking ideas in summits that
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Gobind to clarify proposed Axiata-Telenor merger
PUTRAJAYA: Communication and Multimedia Minister Gobind Singh Deo said he will issue a statement on the proposed merger deal between Axiata Group Bhd and Norway’s Telenor Group tomorrow. “I’m going to come out with an official statement tomorrow. “(Whether) it
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Sunway Malls adopt flora inspired theme for Raya
KUALA LUMPUR: All six Sunway Malls across Malaysia have been transformed into a thematic garden to usher in the upcoming Hari Raya celebration. Its chief operating officer Kevin Tan said the ‘Bunga-Bunga Raya’ theme revolved around the different species of
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Kok slams EU trade war on palm oil
BRUSSELS: Prime Industries Minister Teresa Kok has accused the European Union of launching a trade war as the EU plans to phase out the use of palm oil in biofuels by 2030. She who is currently on a month long
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Bumi Armada secures third FPSO project in India worth RM8.8 billion
KUALA LUMPUR: Shapoorji Pallonji Bumi Armada Godavari Pvt Ltd (SPBAG), a joint venture owned 30 per cent by Bumi Armada Bhd, has secured a US$2.1 billion (RM8.8 billion) contract from India’s state-owned Oil and Natural Gas Corporation Ltd (ONGC). In
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