Business
Back to homepageMIMCOIN: Boost economy with more foreign workers
PUCHONG: Malaysian Indian Muslim Chamber of Commerce and Industry president Datuk Jamarul Khan Kadir urged the government to boost the economy by bringing in more foreign workers in certain economic sectors. “Our business activities have slowed a little especially in
Read MoreNikkei: Malaysian manufacturers upbeat on future output volume
KUALA LUMPUR: Malaysian manufacturers were the most upbeat towards future output volumes since October 2013, which was a multi-year high, despite the current manufacturing trend taking a dip. According to the May Nikkei Purchasing Managers Index (PMI), businesses have planned
Read MoreMalaysia´s inclusion in US watchlist likely a ploy to boost export
PUCHONG: Malaysia’s inclusion in the US Treasury’s monitoring list of potential currency manipulators is likely a ploy by Washington to gain exchange rate competitiveness to boost its exports, say experts. However, it is not expected to have a significant impact
Read MoreIOI Group founder dies
KUALA LUMPUR: IOI Group founder, Tan Sri Lee Shin Cheng, 79, died at his home last night at 8.30pm. He is also the executive chairman of IOI Industry. Lee who was scheduled to celebrate his 80th birthday on Monday was
Read MoreSingapore undecided on Huawei
SINGAPORE: Singapore Prime Minister Lee Hsien Loong said the island nation has not made a decision on its stance on Huawei and that it is not settled yet on the network configuration equipment it plans to use. He was responding
Read MoreUS-China trade war: Retaliatory tariffs imposed on US imports
BEIJING: China raised tariffs on tens of billions of dollars of goods imported from the U.S., implementing the promised retaliation to President Donald Trump’s latest round of trade war duties on about US$200 billion in Chinese exports. As of Saturday,
Read More‘EU would still use Malaysian palm oil’
KUALA LUMPUR: Outgoing Sime Darby executive deputy chairman and managing director Tan Sri Mohd Bakke Salleh is confident that Malaysian palm oil would still enter the European Union market despite a ban on using it as biofuel. This is because
Read MoreMokhzani resigns, Mukhriz reduces stake in Opcom
KUALA LUMPUR: Tan Sri Mokhzani Mahathir, 58, resigned today as the executive chairman of Opcom Holdings Bhd due to personal reason, he said in an exchange filing which also stated his retirement tomorrow. Mokhzani, who is the second son of
Read MoreRAM: Malaysia’s GDP to grow by 4.6 percent
PUCHONG: RAM Holdings Bhd expects Malaysia’s gross domestic product (GDP) to grow by 4.6% this year, supported by resilient private consumption. In a statement today, it said, however, lingering global and local economic uncertainties would keep exerting an impact on
Read MoreMalaysian halal nail polish penetrates international market
PUTRAJAYA: POLISHED by Sama Sama, a product of the Sama Sama Spa under Natural Wellness Holdings Sdn Bhd, has gained acceptance in Japan and the United Kingdom. The spa in Bukit Jelutong — which offers a manicure, pedicure and nail
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