JOHOR BARU: Secoo, a Chinese online platform featuring high-end fashion brands, will make its Southeast Asian debut with a brick-and-mortar flagship store set to open at Forest City's shopping esplanade, the Harbour Commercial Streets.
KUALA LUMPUR: The ringgit is likely to come under pressure next week on expected continuous oil price volatility, a currency dealer said.
KUALA LUMPUR: MISC Bhd has commenced arbitration proceedings against Sabah Shell Petroleum Co Ltd (SSPC), among others, to claim US$245 million and applicable interest.
KUALA LUMPUR: YTL Hotels is expanding its luxury portfolio with the recent acquisition of three properties in Edinburgh, Berkshire and London, strengthening the company’s presence within the United Kingdom.
KUALA LUMPUR: Telekom Malaysia Bhd (TM)’s subsidiary, Webe Digital Sdn Bhd (webe), today announced the public availability of its digital mobile services offering unlimited data, calls and SMS.
KUALA LUMPUR: The headline Purchasing Managers Index (PMI) posted at 48.6 in Sept for Malaysia, up from 47.4 in August.
KUALA LUMPUR: Sime Darby shareholders today approved a 5 per cent share placement to raise up to RM2.38 billion, said group president and chief executive officer Tan Sri Bakke Salleh.
KUALA LUMPUR: The Organization of Petroleum Exporting Countries (OPEC)’s decision to cut oil production is a boon for the oil and gas (O&G) industry.
KUALA LUMPUR: Bursa Malaysia yesterday capped the surge in Teck Guan Perdana Bhd’s share price at RM1.78 after the stock hit limit up for two consecutive days.
KUALA LUMPUR, Sept 30 – The ringgit opened lower against the US dollar today on the back of falling oil prices.
WISMAR (Hamburg): Foreign direct investments (FDIs) into Malaysia are expected to be particularly good this year, said Prime Minister Datuk Seri Najib Razak.
BERLIN: Closing the gap on clear market leader Nike is the challenge facing new Adidas boss Kasper Rorsted when the Dane takes charge of the world’s second biggest sportswear brand from the start of October.
SHAH ALAM: Proton Holdings Bhd expects to break even in three years by selling 5,000 units of its all-new Proton Saga a month.
SHAH ALAM: DRB-HICOM Bhd has short-listed five global carmakers to be its subsidiary Proton Holdings Bhd’s strategic partner.
KUALA LUMPUR: The ringgit rebounded from three days of losses to open higher against the US dollar this morning, lifted by stronger oil prices, dealers said.
RICHMOND/ KUALA LUMPUR: Malaysia’s Petronas said on Wednesday that it would review a proposed C$11 billion ($8.3 billion) liquefied natural gas plant in western Canada that was approved by Ottawa following a three-year wait.
KUALA LUMPUR: Bursa Malaysia Derivatives (BMD) today signed a licensing agreement with Kuala Lumpur Tin Market (KLTM) to develop and manage an alternative futures tin trading, the Futures Tin Market (FTIN) contract.
KUALA LUMPUR: Commercial laundry equipment and medical devices equipment distributor BCM Alliance Bhd, which is en route to list on the ACE Market of Bursa Malaysia Securities Bhd, expects to raise RM16.01 million from its initial public offering (IPO).
BERLIN: Malaysia was ranked 25th among the 138 economies in the latest annual World Economic Forum's Global Competitiveness Report.
ADDRESSING non-tariff barriers (NTB) in Asean still has a long way to go, and member countries must first work on key people-centric focus groups in order to start progressing, said Asean Business Advisory Council Malaysia chairman Tan Sri Dr Mohd Munir Abdul Majid.
BERLIN: Satellite Pipeline Sdn Bhd has tied up with German pipe machine leader AWS Schäfer Technologie GmbH to start a steel and pipe heat induction bending workshop in Pahang.
MAKING a city a liveable space involves the citizens, the government and businesses and requires small and multiple meaningful projects for the transformation, said Think City Sdn Bhd executive director Hamdan Abdul Majeed.
THERE will be no changes to the Goods and Services Tax (GST) in the near term as the government aims to embed the tax system into entire consumer spending system, said Finance Minister II Datuk Johari Abdul Ghani.
BERLIN: German wafer fab giant X-Fab Silicon Foundaries is looking at Khazanah Nasional Bhd’s wafer fab company Silterra Malaysia Sdn Bhd in Kulim as a possible acquisition target.
MALAYSIA is on track to become a high-income nation as it has successfully diversified its economy and remains one of the largest trading nations in the world.
MONTREAL: Canada approved Tuesday a Can$36 billion (US$27 billion USD) project by Malaysia’s Petronas to build a liquid natural gas pipeline along its Pacific Northwest coast, a massive project targeting Asian markets.
The term “innovation” has been bandied around with increasing frequency over the past decade.
BERLIN: German companies have given the thumbs-up to the incentives rolled out by Malaysia, saying they have provided support to their investment story abroad.
PUTRAJAYA: Ranhill Holdings Bhd has partnered with China-based SIIC Environment Holdings Ltd in a deal worth RM169 million to strengthen its presence in China.
KUALA LUMPUR: The Real Estate and Housing Developers' Association (Rehda) will be organising two property expositions (Mapex) which include Bumiputera Mapex and national Mapex this Oct to assist developers in driving sales and buyers to get their dream homes.
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