Business
Back to homepage
Fine for oil palm estates above 40.5 ha without MSPO cert
Oil palm estates of more than 40.47 hectares and palm oil mills that fail to obtain the Malaysian Sustainable Palm Oil (MSPO) certification will be fined and penalised under the Malaysian Palm Oil Board (Licensing) 2005 regulation number 15. This
Read More
Khazanah Nasional’s debt down to RM47 bln
Khazanah Nasional Bhd has managed to reduce its debt burden from RM55 billion to RM47 billion in one year through asset and investment sales. In an interview with RTM yesterday, Khazanah Nasional managing director Shahril Ridza Redzuan said the country’s
Read More
Malaysia’s trade surplus jumps 655.2% in Aug 2019 at RM10.92 bln
KUALA LUMPUR: Malaysia’s trade surplus in August 2019 surged 655.2% valued at RM10.92 billion from August last year, the 262nd consecutive months of trade surplus since November 1997. In a statement, the International Trade and Industry Ministry (Miti) said total
Read More
KLCI dips by 0.35% as domestic sentiment remains cautious
KUALA LUMPUR: The FBM KLCI fell 0.35% to remain at a four-year low at mid-morning today, despite the uptrend at regional markets as domestic sentiment remained wary. At 10am, the FBM KLCI fell 5.53 points to 1,558.65. Gainers led losers
Read More
KLCI falls 0.65% due to possible US-Europe trade war
KUALA LUMPUR: The FBM KLCI lost 0.65% at mid-morning today as sentiment turned weak in line with the downward trend at regional markets on worries of a fresh trade war between US and Europe. At 10am, the FBM KLCI lost
Read More
Asian stocks dips after US announces tariffs on Europe
TOKYO: Asian stocks, already under pressure from growing global growth fears, tumbled today after New York markets slumped overnight as the US opened a new trade war front, saying it will impose tariffs on US$7.5 billion of goods from the
Read More
Ringgit soars against the US dollar early today
KUALA LUMPUR: The ringgit opened higher against the US dollar today due to better demand for the local currency and following the release of weaker US manufacturing data, as well as fewer jobs created in the country. At 9.03 am,
Read More
PETRONAS: No offer yet from Saudi Aramco
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said that it has yet to receive any offer to become a potential cornerstone investor in Saudi Aramco’s proposed Initial Public Offering (IPO). “Petronas, to-date, has not received any offer from Saudi Aramco or
Read More
Boeing to improve product, services safety after 737 MAX crashes
SAN FRANCISCO: US top aircraft manufacturer Boeing Company (Boeing) said Monday it is taking enhanced measures including the creation of a new unit to elevate its safety focus upon recommendations by its board of directors, reported Xinhua news agency. Boeing
Read More
Guan Eng: Between development and managing debts, you can’t be biased
PUTRAJAYA: Information can be a double-edged sword, depending on how it is being perceived and in the case of the country’s debt level, all is well as the government is balancing it within its means, Finance Minister Lim Guan Eng said.
Read More