ATLANTA: Pacific trade ministers have reached a deal on the most sweeping trade liberalisation pact in a generation that will cut trade barriers and set common standards for 12 countries, an official familiar with the talks said on Monday.
KUALA LUMPUR: Toyota and Lexus car prices will be increased by between 4 to 16 per cent as of January next year.
KUALA LUMPUR: Manufacturers of building materials must get their products certified by the Construction Industry Development Board (CIDB) by Jan 1, while construction personnel have up to June 1 next year to register themselves with the board.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher today, driven by persistent buying interest in heavyweights on increased expectations of a delay in US interest rates hike due to dissapointing US jobs data.
KUALA LUMPUR: The ringgit closed stronger against the greenback today as traders shifted their focus to emerging currencies following the release of sluggish US economic data.
WASHINGTON: A college degree practically stamped Andres Aguirre’s ticket to the middle class. Yet at age 40, he’s still paying the price of admission.
NEW YORK: American Apparel, the troubled chain that boasts of “Made in the USA” fashions, filed for voluntary bankruptcy protection early on Monday on the back of a growing list of woes.
KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) Myanmar operations, which were launched today, aimed to focus on transaction banking, corporate lending and treasury services as part of its objective to establish itself as a leading cross-border bank in Myanmar.
SHAH ALAM: Bumiputeras should not be ‘afraid’ of taking up accountancy as a career path, said Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar.
LONDON: Britain’s Rolls-Royce said it would cut an additional 400 staff from its marine business by the end of next year, in its latest move to make the unit more efficient and cope with a fall in orders as a result of the lower oil price.
KUALA LUMPUR: Great Eastern Takaful Bhd (GETB) has launched the “i-Great Ameen” plan, its latest Family Takaful plan which will run until year-end.
KUALA LUMPUR: The government needs to intervene to ensure a fair distribution of the wealth created in the economy and remove social injustice.
KUALA LUMPUR: Employees Provident Fund (EPF) has recorded an increase in the usage of its electronic services, with its i-Akaun seeing a surge of 101.27 per cent growth to 3.33 million users in Q2 2015, compared to 1.65 million in the same quarter in 2014.
JOHOR BARU: The contract for Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim has been extended for three years beginning Jan 1, 2016.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives were untraded as at 10 am today.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives opened higher this morning in tandem with the improving cash market.
BY size, South Korea, which sits on the southern part of the Korean Peninsula, is just slightly smaller than Peninsular Malaysia. Yet, its big dream has slowly come true.
KUALA LUMPUR: UDA Holdings Bhd aims to acquire more land in the 113-year-old Kampong Bharu as part of its plans to redevelop it into a high-growth residential and commercial area.
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened marginally higher today, led by positive buying momentum in heavyweights.
KUALA LUMPUR: The ringgit opened stronger against the US dollar today as negative sentiment over the latter helped boost demand.
MILAN: Petronas Lubricants International (PLI), a wholly -owned subsidiary of Petronas, chalked up revenue of one billion euros from its investment in Italy, reflecting the national oil corporation’s continuing success as a global investor in international markets.
JAKARTA: Indonesia and Malaysia plan to set up an intergovernmental organisation of palm oil producers to ensure further industry cooperation between the world’s top producers and prop up prices, ministers from both countries said.
KUALA LUMPUR: THE annual international trade fair in Nanning, China, last month marked an important milestone for Malaysia.
One of the most important topics in the American Chamber of Commerce recently is the Trans-Pacific Partnership Agreement (TPP). Negotiations for the TPP have been ongoing for five years and the 12 participating countries have made great strides to bring this historic agreement to a close.
PARIS: Air France on Friday unveiled details of its alternative restructuring plan, including 2,900 job cuts, retiring 14 long-haul planes and reducing flights, union officials said.
YANGON: The services sector in Myanmar still has room to grow, and Malaysian companies should take advantage of the opportunity to gain a foothold in the country.
YANGON: Malaysia’s franchise industry has secured a strong foothold in the emerging Myanmar market, particularly in the food and beverage (F&B) sector.
KUALA LUMPUR: Petron Malaysia Refining and Marketing Bhd plans to upgrade its oil refinery in Port Dickson, Negeri Sembilan, in line with the goal of shifting to the Euro 4 oil grade from the current Euro 2 standards.
NEW YORK: MALAYSIA’S top decision- makers yesterday presented the unique prospects of the country’s diversified economy to Global Tier 1 fund managers, who, together, represented assets under management of more than US$1.75 trillion (RM7.7 trillion).
KUALA LUMPUR: The ringgit opened easier against the US dollar today on lack of demand and ahead of the weekend.
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