South Korea’s rating upgraded to gAA3(pi) on economic resilience, fiscal prudence
KUCHING: RAM Ratings has upgraded South Korea’s global-scale rating to gAA3(pi)/Stable from gA1(pi)/Positive. The upgrade is premised on the country’s…
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Petronas divests interest in Bintulu’s LNG 9
KUCHING: Petronas has signed an agreement with PTTGL Investment Ltd (PTTGLI) for PTTGLI’s equity participation of a 10 per cent…
Twitter shares take beating as user growth stalls
Twitter shares took a pounding Thursday after the company reported stalled growth in a key measure of its user base,…
Timber, product exports rise to RM9.75 bln in first 5 months
KUALA LUMPUR: Malaysia’s timber and timber product exports rose 6.76 per cent to RM9.75 billion in the first five months…
Further selling pressure on Alam Maritim despite CDRC extension
KUCHING: With no reprieve for Alam Maritim Resources Bhd’s (Ala Maritim) near-term tepid outlook, analysts anticipate further selling pressure on…
Five Malaysian companies on Forbes ‘Best Under A Billion’ list this year
KUALA LUMPUR: Five Malaysian companies – Elsoft Research Bhd, Kerjaya Prospek Group Bhd, MyEG Services Bhd, Pentamaster Corp Bhd and…
Moderate outlook maintained for Public Bank’s preformance
KUCHING: Public Bank Bhd’s (Public Bank) first half of financial year 2017 (1HFY17) earnings were within analysts’ expectations, with some…
Malaysia’s economy in 2016 expands 6.3 per cent on GDP
KUALA LUMPUR: Malaysia’s economy increased in 2016 as the value of Gross Domestic Product (GDP) at current prices expanded further…