KUALA LUMPUR: Petronas has received the tallest and heaviest propylene fractionator process column in Malaysia for the steam cracker facility located within its Pengerang Integrated Complex (PIC) in Pengerang, Johor.
Billionaire investor George Soros said on Saturday that Britain’s vote to leave the European Union makes “disintegration of the EU practically irreversible,” and that the effects of Thursday’s referendum will likely damage Britain.
PARIS: Business groups in France and Germany on Sunday said EU nations should respond to Britain’s decision to quit the bloc by working even more closely together to limit the “turbulence” caused by the Brexit shock.
KUALA LUMPUR: The ringgit is likely experience further correction next week to RM4.15 per US dollar following the shocking referendum by Britain to exit the European Union (EU).
KUALA LUMPUR: Malaysia’s first Tension Leg Platform (TLP), which was completed in April, is a result of a collaboration among major oil players — a signal that joint efforts are needed to remain sustainable during the “lower for longer” period.
WASHINGTON: IMF chief Christine Lagarde called on Britain and Europe on Friday to work together to ensure that Britain’s pullout from the European Union will take place smoothly.
TOKYO: Finance ministers and top central bankers from the Group of Seven warned that Britain’s vote to quit the European Union could have “adverse implications“, after the pound dived to three-decade lows and equity markets flew into a tailspin.
KUALA LUMPUR: Malaysia will explore the possibility of having a bilateral free trade agreement with the United Kingdom said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
LONDON: The Bank of England will take “all necessary steps” to ensure monetary and financial stability after Britain’s decision to leave the European Union, it said Friday.
LONDON: Britain has voted to leave the European Union, results from Thursday’s landmark referendum showed, a stunning repudiation of the nation’s elites that deals the biggest blow to the European project of greater unity since World War Two.
PETALING JAYA: Kelington Group Bhd expects a better financial year for 2016 on the back of its strong outstanding orderbook of RM250 million.
TOKYO: The pound collapsed to its lowest level since 1985 as the unit takes a beating on fears that Britain will vote to leave the European Union, in what critics warned would be a hammer blow to financial markets.
SEPANG: KLM Royal Dutch Airlines has added three weekly flights from Kuala Lumpur (KL) to Amsterdam, bringing it to a total of 10 flights a week.
KUALA LUMPUR: There is no pressing need for Bursa Malaysia to raise the amount of cash firms must pledge to cover trading positions amid concerns over market volatility linked to Britain’s vote on whether to exit the European Union.
KUALA LUMPUR: The country’s leading listed property companies have seen their sales retreat from the peak in 2013, falling at double-digit rates in 2014 and last year, said RAM Rating Services Bhd.
SEPANG: Showdown talks are expected to be held soon between Malaysia Airports Holdings Bhd (MAHB), the Transport Ministry and AirAsia Bhd over the issue of Kuala Lumpur International Airport 2 (klia2).
KUALA LUMPUR: The ringgit opened stronger against the US dollar today ahead of the outcome of Britain’s referendum on European Union membership, dealers said.
HONG KONG: The pound plunged on Friday morning and stock traders moved nervously as early results from Britain’s knife-edge EU referendum gave surprisingly strong wins for those wanting to leave the bloc.
KUALA LUMPUR: The central bank said it is monitoring the UK referendum on its European Union membership and any potential emerging risks and challenges to the domestic financial markets.
KUALA LUMPUR: Today's UK's European Union referendum, which will decide on whether Britain remains in the union or leaves it (i.e. Brexit), will spell a positive economic spillover effect for Asia, regardless of which way the votes go.
KUALA LUMPUR: Asian exports do not rely heavily on UK demand hence the direct impact on the regional economies ex-Japan would likely be small in the event of a possible exit from the EU, says Credit Suisse.
TOKYO: The pound on Thursday rallied to its strongest level against the dollar this year, just hours before Britain’s knife-edge vote on its future in the European Union kicks off.
KUALA LUMPUR: Malaysian Bioeconomy Development Corp (MBDC) Sdn Bhd plans to help companies in the Middle East and Africa harness the potential of bioeconomy as a new source of economic growth.
KUALA LUMPUR: Malaysian public-listed companies (PLCs) with significant investments in the United Kingdom will be in focus over the next few days as UK decides on its future in the European Union.
KUALA LUMPUR: Malaysia-Europe trade will not be significantly affected if Britain choses to exit the European Union (EU) as the country is not Malaysia’s main trading partner in the union, said Malaysia External Trade Development Corporation (Matrade) chief executive officer Datuk Dzulkifli Mahmud.
KUALA LUMPUR: Asean fundamentals — higher growth potential, current account surpluses, and monetary and fiscal policy space — should buffer the region from any negative effect of a “leave” vote and a weaker European Union (EU) growth.
KUALA LUMPUR: The ringgit opened firmer against the US dollar today as traders reduced foreign currency holdings, ahead of the British referendum on whether to exit or stay on in the European Union.
TOKYO: Group of Seven finance leaders will issue a statement stressing their readiness to take all necessary steps to calm markets if Britain votes to exit the European Union, said government officials with direct knowledge of the preparations.
SAN FRANCISCO: Electric car maker Tesla Motors wants to buy solar panel maker SolarCity for up to US$2.8 billion in an attempt to create a one-stop shop for cleaner energy as consumers become more concerned about fossil fuels harming the environment.
SEPANG: Asia's largest low-cost carrier, AirAsia will continue to refer to the Kuala Lumpur International Airport 2 (klia2) as Low-Cost Carrier Terminal 2 (LCCT2).
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