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British Airways to fly from Melbourne to London… via KL starting Jan 2027
MELBOURNE, March 17 – British Airways announced the launch of daily flights from Melbourne Airport to London’s Heathrow, transiting in Kuala Lumpur beginning January 2027. The United Kingdom’s flag carrier will operate the daily route from January 11 using a
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Fuel, freight, fertiliser: FMM warns rising freight and energy costs from West Asia tensions could hit Malaysian prices… hard
PETALING JAYA, March 17 — Rising global tensions are driving up fuel, freight and fertiliser costs, with potential knock-on effects on prices in Malaysia, the Federation of Malaysian Manufacturers (FMM) warned today. Its president Jacob Lee Chor Kok said escalating
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Price wars incoming? Malaysian manufacturers say nearly half of local firms forced to cut prices amid China pressure
PETALING JAYA, March 17 — Malaysian manufacturers are facing mounting pressure to cut prices and margins as competition from Chinese products intensifies, the Federation of Malaysian Manufacturers (FMM) said today. Its president Jacob Lee Chor Kok said 46 per cent
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Pos Malaysia sees 15 to 20pc rise in Raya parcels, hijabs leading orders
KUALA LUMPUR, March 17 — Pos Malaysia Bhd expects parcel volumes to increase by between 15 per cent and 20 per cent during the Hari Raya Aidilfitri period this year compared with ordinary months, driven largely by purchases of Raya
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Stronger ringgit caps Monday trading as West Asia tensions keep oil prices high
KUALA LUMPUR, March 16 — The ringgit ended higher against the US dollar and other major currencies at the close on Monday as major central banks, including the US Federal Reserve, hold their policy meetings this week amid high crude
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AI to drive growth despite geopolitics, Taiwan’s Foxconn says
TAIPEI, March 16 — Taiwanese tech giant Foxconn today said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict. Strong demand for AI hardware fuelled a 24 per cent
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IJM plans India exit to unlock shareholder value
PETALING JAYA, March 16 — IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value. This follows IJM’s independent adviser, M&A Securities Sdn Bhd, stating last Friday that Sunway Bhd’s
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Indonesia firms in palm oil fraud probe supplied fuel majors
BANGKOK, March 16 — Indonesian companies targeted in a palm oil fraud probe supplied European firms including Italian energy giant Eni and Finnish sustainable aviation fuel leader Neste, an investigation by AFP and SourceMaterial has found. The links raise fresh
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Gold dips to below US$5,000 per troy ounce for first time since late February
MOSCOW, March 16 —The price of gold fell this morning, dropping below US$5,000 (RM19,670) per troy ounce for the first time since late February, according to trading data reported Sputnik/RIA Novosti. As of 05:05 GMT, the price of the April
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Bursa Malaysia lower at midday amid selected selling
KUALA LUMPUR, March 16 — Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.78 points, or
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