FRANKFURT: Several German exhibitors at the Techtextil & Texprocess 2019 international trade fair here believe that Malaysia’s textile industry, seen by many as a “sunset industry”, can reassert...
THIS week’s overnight policy rate (OPR) cut of 25 basis points by Bank Negara Malaysia met the expectations of most economists as concerns over stalling growth rise.
BENGALURU, India: Rare earths producer Lynas Corp said on Monday it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earths separation facility in the United S...
PENJERLA/NEW DELHI: It was supposed to be Johnson & Johnson's biggest manufacturing plant in India. It was to eventually employ at least 1,500 people and help bring development to a rural area near Hyderabad in southern India.
PETALING JAYA: Politics may be the deciding factor in a RM36 billion deal to supply light combat aircraft to the Royal Malaysian Air Force over the next 10 years, according to a Singapore news report.
NEW DELHI, May 19 — It was supposed to be Johnson & Johnson’s biggest manufacturing plant in India.
PETALING JAYA: A political scientist has called out government hypocrisy in its action against a Shia group, and questioned if the Islamic principle of Rahmatan lil ‘Alamin, or “mercy to all” ap...
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade between RM2,000 and RM2,050 a tonne next week on demand from China, India, Pakistan and the Middle East, said a dealer.
BALIK PULAU: Minister in the Prime Minister’s Department Datuk Seri Dr Mujahid Yusof Rawa has offered to with meet parties who continue to be unhappy with the presence of controversial Muslim preach...
GEORGE TOWN: Hundreds of people from all walks of life came to pay their last respects to the iconic leader of the civil society movement - S. M. Mohamed Idris - who passed away due to old age at the ...
GEORGE TOWN, May 18 ― Born in India 93 years ago, the legendary activist SM Mohamed Idris was interred at the Perak Road Muslim Cemetery at 10.30am today.
PARIS: Following his announcement of the Parisian launch of his for-hire electric scooter, Usain Bolt took to the stage at Viva Technology 2019 here to reveal a brand new car designed specially to add...
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade between RM2,000 and RM2,050 a tonne next week on demand from China, India, Pakistan and the Middle East, said a dealer
IF anybody thinks that Bank Negara decided to reduce interest rates solely because of the weakening global economic environment, they should think again.
A WOMAN killed her daughter who kept blaming her for not helping to fix her troubled marriage.
Overseas investments into Asian bonds turned negative for the first time in three months in April, and analysts predicted the regional assets to come under more pressure due to an escalation in the Sino-U.S. trade dispute.
Agricultural commodity traders will be among the winners as global temperatures warm so long as policymakers ease trade rules to allow them to adapt the food supply to climate change.
GEORGE TOWN: SM Mohamed Idris, one of Malaysia’s most prominent consumer advocates, died today at the age of 93.
Traveloka, the Indonesian travel unicorn, has notched a 30% rise in flight bookings for Q1 2019 versus the same period last year, the company stated in a press release.
WITH the recent handing over of the ITA-AITES Flag to Malaysia, the annual World Tunnel Congress (WTC), a foremost global gathering of the greatest tunnelling minds and expertise, will next convene on...
SINGAPORE (May 17): Malaysian palm oil futures ticked lower on Friday, as the market took a breather after a four-session rally backed by strong demand for the edible oil.
KUALA LUMPUR (May 17): MIDF Research has revised AirAsia X Bhd’s (AAX) target price downward to 22 sen from 27 sen previously, following an adjustment in its earnings’ prospects.
KUALA LUMPUR: Sunway Construction Bhd remains Affin Hwang Capital research's top mid-cap construction Buy pick with an increased target price of RM2.24 from RM2 previously.
PETALING JAYA: Within the first three months of the year, Sunway Construction Group Bhd (SunCon) has secured 67% of its targeted order book replenishment of RM1.5bil for financial year 2019.
KUALA LUMPUR (May 16): AirAsia X Bhd said its first quarter net profit rose 4.42% to RM43.33 million from RM41.5 million a year earlier, helped by an unrealised foreign exchange gain as a result of th...
KUALA LUMPUR, May 16 — Airasia X Bhd posted a higher net profit of RM43.33 million for the first quarter ended March 31, 2019 (1Q19) from RM41.50 million recorded in the same period last year.
Ride-hailing company Ola has launched Ola Money SBI Credit Card in partnership with SBI Card, one of India’s largest credit card issuers, Livemint reports.
Sansan, a Tokyo-based business card management solutions provider, has filed for an initial public offering (IPO) at the Tokyo Stock Exchange, with listing scheduled for June 19.
India’s election watchdog says it has forced Facebook, Twitter and YouTube to take down hundreds of posts during the country’s election but experts say it is just a drop in an ocean of misinformation that has engulfed voters.
KUALA LUMPUR (May 16): Sunway Construction Group Bhd (SunCon) has reported a slightly lower net profit by 8% for the first quarter ended March 31, 2019 (1QFY19) at RM40.13 million, compared with RM43....
GEORGE TOWN: The Federal Government is expected to announce positive news on the (VOA) for tourists after the Aidilfitri celebrations in June or July, Tourism, Arts and Culture Minister Datuk Mohamadd...
JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged on Thursday as the currency comes under renewed pressure from an escalation in trade tensions between the US and China.
The government is expected to announce positive news on visas on arrival (VOA) for tourists after the Hari Raya Aidilfitri celebrations in June or July, Tourism, Arts and Culture Minister Mohammadin K...
GEORGE TOWN, May 16 — The Federal Government is expected to announce positive news on the Visa-On-Arrival (VOA) for tourists after the Aidilfitri celebrations in June or July, Tourism, Arts and Cult...
Singapore-based Vertex Venture Holdings has raised US$230 million in the first close of its fourth Southeast Asian fund to invest in technology startups across the region and India, Bloomberg reports.
NEW DELHI, May 16 — India’s election watchdog says it has forced Facebook, Twitter and YouTube to take down hundreds of posts during the country’s election but experts say it is just a drop in a...
SINGAPORE: One of the most popular questions at mining conferences is what is your top metal and why are you bullish on it. The clear winner so far this year is gold.
KUALA LUMPUR (May 16): Malaysian palm oil futures rose to a two-week high in early trade on Thursday on better demand for the edible oil, set to gain for the fourth straight day as they tracked gains ...
PUTRAJAYA (May 16): The duration of the Festive Season Price Control Scheme (FSPCS) for Aidilfitri this year has been extended to 30 days compared with 15 days before and includes the addition of 27 t...
RONALD Crelinsten states in his book Counterterrorism (2009) that three important pillars play a vital role in counterterrorism strategies – surveillance, intelligence gathering and monitoring.
PUTRAJAYA, May 16 ― The duration of the Festive Season Price Control Scheme (FSPCS) for Aidilfitri this year has been extended to 30 days compared to 15 days before and includes the addition of 27 t...
PUTRAJAYA: The duration of the Festive Season Price Control Scheme (FSPCS) for Aidilfitri this year has been extended to 30 days compared to 15 days before and includes the addition of 27 types of goo...
PUTRAJAYA: The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, says M. Kulasegaran.
THE Parent-Teacher Association of SJK (T) Ladang Chemor in Perak has lodged a police report against the headmaster for allegedly telling the parents to transfer their children if they disagreed with him, Malaysia Nanban reported.
MAY 16 — Tomorrow, I’ll be having lunch with grandma.
PETALING JAYA: Trade war fears between the United States and China are crushing sentiment and the markets, but UEM Edgenta Bhd is confident that it will record double-digit growth in profit this year.
PUTRAJAYA (May 15): The duration of the Festive Season Price Control Scheme (FSPCS) for Aidilfitri this year has been extended to 30 days compared with 15 days before and includes the addition of 27 t...
NORWAY’S Telenor Group and Malaysia’s Axiata Group Bhd are in discussions regarding a potential merger of their telecom and infrastructure assets in the Asian region.
Sony’s current flagship smartphone, the Xperia 1, was announced earlier this year at CES 2019, and has yet to officially reach the shelves of stores around the world.
PETALING JAYA: The decision to ban ministers from taking part in election campaigns during their working hours should stay, never mind that the prime minister has called for a relaxation, according to...
PUTRAJAYA: The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, said Human Resource Minister M Kula Segaran (pix).
PETALING JAYA: India-based Apollo Tyres has launched its first Apollo Truck Tyre Zone (ATTZ) in Batu Pahat, Johor, a one-stop centre that caters to commercial fleets.
Anthill Ventures, which invests in early-stage startups, said it has chosen 15 companies as part of a market access program based in Singapore.
Samsung Electronics has sold 5 million units of its Galaxy A series smartphones, generating sales of over US$1bil since it began selling the devices in March, a senior company executive said on May 14.
PETALING JAYA (May 15): UEM Edgenta Bhd is spending about RM80 million in capital expenditure this year to enhance its technology offering over the next three years.
PETALING JAYA: UEM Edgenta Bhd is targeting a double digit growth in earnings this year driven by margins improvement, operational efficiency and new jobs.
The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, Human Resource Minister M Kula Segaran said today.
PETALING JAYA: The Election Commission must stand firm in restricting election campaigning by ministers, even if the Prime Minister calls for a relaxation of such guidelines, says electoral watchdog Bersih 2.0.
KUALA LUMPUR, May 15 — Human Resources Minister M. Kulasegaran responded to local pushback against a proposal to supply skilled manual labourers to Japan, saying it was meeting the present reality i...
SINGAPORE: Singapore Telecommunications Ltd on Wednesday posted its smallest annual net profit in 16 years partly due to the intense competition faced by its regional associates in India and Indonesia.
MUMBAI: Inflation in India is rebounding and on course to accelerate after the world’s biggest election concludes this month. Yet that’s unlikely to distract monetary policymakers from their focus on supporting economic growth.
GEORGE TOWN: A heir of a Penang real estate tycoon in the 1800s told the Shariah High Court their family estate in Air Itam worth RM300 million today should be returned to the family by the Penang Isl...
The Realme 3 Pro was unveiled in India last month, but Realme Malaysia has only mentioned when it will make its way here.
NEW DELHI, May 14 — India fears China could soon start flooding excess steel into its market after the United States raised tariffs on Chinese products due to the escalating trade war between the wo...
PETALING JAYA: A lawyer today questioned Putrajaya’s double standards in deporting a woman wanted by Thailand while resisting attempts to deport preacher Zakir Naik who is facing criminal charges in...
Southeast Asian venture lending firm InnoVen Capital received an additional US$200 million in capital commitment from shareholders Temasek and United Overseas Bank, each providing US$100 million.
Which are the startups that are on the path to becoming the next big thing?
TOKYO: In the months leading up to Uber Technologies Inc.’s market debut, Masayoshi Son made a habit of pointing out that SoftBank Group Corp. is the world’s largest investor in ride-hailing companies. Suddenly, it doesn’t seem like such an enviable position.
KUALA LUMPUR: Morgan Stanley has trimmed its growth forecasts for Malaysia and five other Asian countries to take into account the downside risks posed by the renewed escalation in the US-China trade ...
KUALA LUMPUR, May 14 — If you’re travelling overseas during the upcoming Kaataman, Gawai and Hari Raya week, Celcom has just introduced a new roaming pass for short term travel in 40 countries.
Tinder-owner Match Group announced during an earnings call late last week that the company will launch a lite version of the mobile dating application.
PETALING JAYA: The falling price of crude palm oil (CPO), which has dropped below RM2,000 a tonne, is hurting planters.
PETALING JAYA: Underscored by Tenaga Nasional Bhd’s (TNB) aspiration to be the Asean leader in renewables, the group is actively diversifying into energy sources that are able to meet the needs of the future in a sustainable, reliable and affordable manner.
If you’re travelling overseas during the upcoming Kaataman, Gawai and Hari Raya week, Celcom has just introduced a new roaming pass for short term travel in 40 countries.
PORT DICKSON, May 13 — The Primary Industries Ministry has taken various approaches and initiatives to expand the palm oil market overseas in an effort to increase the price of the commodity.
Which are the startups that are on the path to becoming the next big thing?
KUALA LUMPUR, May 13 — Malaysia is seeking to address the issue of the South China Sea in an Asean-centric way instead of via bilateral methods, said Foreign Minister Datuk Saifuddin Abdullah.
KUALA LUMPUR: Falling palm oil inventories should help to support crude palm oil prices, which has been hovering near its lowest levels this year.
KUALA LUMPUR: CIMB Equities Research is maintaining its average crude palm oil (CPO) price forecast of RM2,400 per tonne for 2019F and its neutral view on the sector
AFTER a decade working as a trader and a broker in India, Nithin Kamath was burned out and frustrated with a securities industry that seemed stuck in the past.
Five years ago, I wrote that Narendra Modi could be India’s Shinzo Abe. I couldn’t have been more wrong.
THE Ministry of Trade, Industry and Energy has unveiled plans to help small and medium exporters advance in the global market using online platforms. The plan was jointly announced by the ministries of finance, SMEs and culture.
SINGAPORE: The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%.
THE digital landscape is changing at an unprecedented pace.
Voters in Delhi and elsewhere in India’s north lined up early on Sunday to cast their ballots in the second-to-last round of a seven-phase general election, with the opposition seeking a united stan...
KUALA LUMPUR: The European Union (EU) is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue.
KUALA LUMPUR: The European Union (EU) is optimistic that its relationship with Malaysia will remain strong despite the dispute over palm oil.
The European Union is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue.
KUALA LUMPUR, May 12 — The European Union (EU) is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue.
KUALA LUMPUR (Bernama): The European Union (EU) is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue.
Malaysia is the fourth most vacation deprived country in the world, says study. To address this, there are suggestions for Malaysia to have its own ‘Golden Week’.
A few days ago, the Samsung Galaxy A80 had passed SIRIM certification and strangely, NFC was missing in the description.
KUALA LUMPUR, May 10 — Fugitive televangelist Dr Zakir Naik has conceded that he is willing to face justice back in India, but only if he is not arrested there until he is tried in court and convict...
ADUN SPEAKS | Muhammad Shafee Abdullah must apologise for insulting estate workers and their descendants.
AXIATA Group Bhd’s tower company, edotco Group, is expected to be a major beneficiary of the mega-merger between Axiata and Telenor ASA’s Asian assets.
The people of Odisha are urging the government of India to give them assistance and any other relief after Cyclone Fani has hit the state recently.
A FARMER in Gujarat, India, took revenge on a snake that bit him by biting it to death before succumbing to the venom, Malaysia Nanban reported.
PETALING JAYA: The implementation of the Common European Framework of Reference (CEFR) is timely and could help in improving mastery of the English language among Malaysian graduates.
MUMBAI, May 10 — India’s biggest lender today said it has received two unsolicited bids for Jet Airways, raising hopes for the revival of the debt-laden carrier which was forced to ground its enti...
HONG KONG, May 10 — Asia’s richest man Mukesh Ambani has snapped up the storied British toy store Hamleys from its Chinese owners for US$88 million (RM365.5 million), the latest in a dizzying splu...