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Trade Outlook 2019: Mostly Cloudy
The global trade outlook continues to be a sombre one, as the effect of policy tension and uncertainty make themselves felt. The latest World Trade Organisation (WTO) Trade Outlook Indicator, published on 19 February 2019, stands at 96.3 on a
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Millions seized from 1MDB fugitive financier Jho Low’s father’s bank accounts
The Malaysian government took legal action on Thursday to freeze about 48 million ringgit (US$11.8 million) in bank accounts belonging to the father of fugitive financier Low Taek Jho, The Edge newspaper reported. The money in the seven of Low Hock
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Facebook to deploy new transparency tools ahead of European elections
PARIS: Facebook announced on Friday changes to the way political advertisements are handled on the social media site ahead of the upcoming European Parliament elections. “We are introducing some new tools to help us deliver on two key goals that
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EU risks trade war with Malaysia over palm oil: Mahathir
LANGKAWI: The European Union risks opening up a trade war with Malaysia over its “grossly unfair” policies aimed at reducing the use of palm oil, Prime Minister Tun Dr Mahathir Mohamad said on Thursday. This month, the European Commission concluded that
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Bank Negara to announce virtual banks’ licensing requirements by year end
KUALA LUMPUR: Bank Negara Malaysia will be coming out with requirements for virtual bank licensing by the year-end, governor Datuk Nor Shamsiah Mohd Yunus said. “We had a briefing this morning with stakeholders and Bank Negara will be coming out
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Wan Azizah: Emphasise on balance between work and family
KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the government and private sectors must continue to play their respective roles in ensuring that their workers could strike a balance between their work and family. She
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In an unfortunate mix-up, British Airways plane lands in Scotland, not Germany
The flight on Monday seemed to go perfectly well, until passengers realized that their plane had landed in both the wrong city and the wrong country. The British Airways flight from London City Airport was supposed to head to Duesseldorf,
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Bursa Malaysia trades higher in early session
KUALA LUMPUR: Bursa Malaysia rebounded from the negative close yesterday to trade higher at opening Tuesday and in tracking the upbeat external environment. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.49 points to 1,650.64 from
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Berjaya Air: No advisory on runway work
PETALING JAYA: No Notice to Airmen (Notam) was issued to advise that maintenance was being carried out on the runway at Subang Airport on Monday when an aircraft hit a work vehicle, Berjaya Air said today. “Landing clearance was requested
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Bursa Malaysia higher on bargain hunting, dovish fed
KUALA LUMPUR:- Bursa Malaysia stock exchange rebounded from yesterday’s losses to open higher today on bargain hunting amid US Federal Reserve’s (Fed) dovish stance over the interest rate hikes. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained
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