|Thursday, February 23, 2017

Business News

Rubber not a sunset industry — Mah

KLANG, Feb 20: Malaysia’s rubber industry is not a sunset industry following demand for high-value engineering rubber products from many countries, says Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong. He said Malaysia has the ability to produce high-value engineering rubber products used specially in the field of vibration and earthquake engineering. Mah said Malaysian manufacturers ...Full Article

EPF’s 2016 dividend performance commendable: MIDF

KUALA LUMPUR, Feb 20: The Employees Provident Fund’s (EPF) dividend performance in 2016 is commendable, amid challenges on the economic front, said MIDF Amanah Investment Bank Bhd. Deputy Head ...Full Article

Maserati’s Levante now available in Malaysia

KUALA LUMPUR, Feb 20: Maserati’s first suburban utility vehicle (SUV), the Levante, is now available in Malaysia through NAZA Italia, the official importer and distributor for Maserati. In a ...Full Article

EPF to bank on private market investments for better returns

KUALA LUMPUR, Feb 20: The Employees Provident Fund (EPF) will continue efforts at creating greater access to private market investments this year for better returns, Chief Executive Officer Datuk ...Full Article

Ringgit opens easier versus greenback

KUALA LUMPUR, Feb 20: The ringgit extended last week’s downtrend to open easier against the US dollar, in early trade, dampened by weak interest for the currency, delears said. ...Full Article

Kraft Heinz withdraws bid for Unilever

WASHINGTON, Feb 20: The US food giant Kraft Heinz has dropped its bid to buy Unilever days after it rejected a US$143 billion buyout offer, the companies said on ...Full Article

UAE signs US$1.2b in deals as arms fair opens

ABU DHABI, Feb 20: The four-day International Defence Exhibition and Conference (IDEX) kicked off on Sunday (Feb 19) in Abu Dhabi with the United Arab Emirates announcing 21 deals ...Full Article

China’s oil giant CNPC signs US$1.77b Abu Dhabi deal

ABU DHABI, Feb 20: The China National Petroleum Corporation on Sunday secured an eight per cent share in an onshore oil concession in Abu Dhabi in a deal worth ...Full Article

Iraq reports increased oil reserves of 153b barrels

BAGHDAD, Feb 20: Iraq’s proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced Sunday (Feb 19) in a statement. The country ...Full Article

British PM to meet PSA boss over Vauxhall takeover plans

LONDON, Feb 19: Prime Minister Theresa May will meet with PSA chief executive Carlos Tavares to discuss its plans to take over the European arm of General Motors, which ...Full Article
Page 3 of 1,00612345...102030...Last »