Business

PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) Presidential Committee presented its 2020 wishlist on human resource policies to the Human Resources Ministry on Jan 21, highlighting a number of …

PETALING JAYA: Projek Lebuhraya Usahasama Berhad’s (PLUS) AAAIS/Stable rating on its RM23.35 billion sukuk musharakah programme has been placed on the Malaysian Rating Corp Bhd’s MARCWatch Developing list. In a …

KUALA LUMPUR: FGV Holdings Bhd has terminated its memorandum of understanding (MoU) signed with Samyang Foods Co Ltd early last year. “The termination of the MoU would not have any …

JITRA: The Kedah state government has awarded an international company, the contract to draw up a development master plan for the Kulim International Airport (KXP), said Menteri Besar Datuk Seri …

PETALING JAYA: Fitch Solutions Macro Research said it is maintaining its overnight policy rate forecast at 2.75% for 2020, as the 25 basis point cut announced by Bank Negara Malaysia …

KUALA LUMPUR; The Malaysian Rubber Glove Manufacturers Association (Margma) says its members are prepared to gear up glove production to meet requirements if the coronavirus outbreak becomes a pandemic. Its …

PETALING JAYA: Icon Offshore Bhd shares and ordinary rights with warrants (Icon OR) have been declared “designated securities” by Bursa Securities Bhd, with effect from Jan 28 until further notice. …

KUALA LUMPUR: Standard Chartered (StanChart) Malaysia has reduced its lending, financing and fixed deposit rates by 25 basis points (bps) effective Jan 30. Its base rate will be lowered to …

PETALING JAYA: KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), saw its net profit for the fourth quarter ended Dec 31, 2019 …

PETALING JAYA: The Cabinet has endorsed the government’s decision to restructure PLUS Malaysia Bhd based on the recommendations of Khazanah Nasional and the Employees Provident Fund (EPF), according to a …

MANILA: The Philippine economy gathered momentum in the final quarter even though full-year growth slid to an eight-year low and missed the target, tempered by weakness in agriculture and the …

PETALING JAYA: Despite a cut in the Overnight Policy Rate (OPR) being widely expected by the market, economists and analysts alike, the announce-ment of a 25 basis point reduction in …

PETALING JAYA: There will be no increase in on-the-road (OTR) prices of locally assembled vehicles this year arising from the transparent reporting of the open market value (OMV), which would …

PETALING JAYA: Bank Negara Malaysia (BNM) has decided to lower the Overnight Policy Rate to 2.75% from 3% previously, following the meeting of its Monetary Policy Committee meeting. In a …

PETALING JAYA: Glove stocks were among the top gainers on Bursa Malaysia today, as investors likely anticipate a surge in demand for gloves, following news of a coronavirus outbreak in …

PETALING JAYA: Malaysian savers should think for their retirement and have sufficient funds for their golden years amid the rising cost of living. Standard Chartered’s new Wealth Expectancy Report 2019 …

HONG KONG/SHANGHAI: China’s stock market fell to two-week lows and its currency retreated from six-month highs on Tuesday as worries about a new virus that has killed four people so …

KUALA LUMPUR: The ringgit closed lower versus the US dollar as the greenback stayed firm on upbeat US economic data, a dealer said. Last Friday’s data showed US homebuilding surged …

KUALA LUMPUR: Malaysia will not lose out on trade opportunities following the signing of the US-China “phase one” agreement last week, said International Trade and Industry Minister Datuk Darell Leiking. …

PETALING JAYA: Malaysia’s gross corporate bond issuance hit a record RM132.8 billion in 2019, outperforming the previous high of RM124.9 billion in 2017 and exceeding RAM Ratings’ projection of RM110 …