Banks’ loan growth drops further to 5.6 per cent in June
KUCHING: The banking sector’s loan growth continued with its downward trend in June 2016, registering a lower growth rate of…
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New York-based Malaysian businessmen to launch TPP business council
NEW YORK: A group of New-York based-Malaysian businessmen is launching the Malaysia-TPP (Trans-Pacific Partnership) Business Council of America on Aug…
KTC appointed as distributor of P&G products for Sarawak
KUCHING: Kim Teck Cheong Consolidated Bhd (KTC) has been appointed as a distributor of Procter & Gamble (P&G) products in…
Maybank appoints two new independent directors
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has recently appointed two new Independent Directors to its board – Nor Hizam Hashim…
Libya’s NOC welcomes opening of ports
TRIPOLI: Libya’s state oil company said it welcomed the ‘unconditional’ reopening of blockaded oil ports following a deal between the…
Bosnia clears last obstacles to progress towards European Union, win IMF deal
SARAJEVO: Bosnia’s rival leaders agreed on the key conditions set by the European Union for accepting the country’s membership application…
Asian factories face fitful activity as world sputters
SYDNEY: Factories in China and Japan – the world’s second and third largest economies – saw scant sign of demand…
Didi to merge with Uber China operations in US$35 billion deal
BEIJING: China’s dominant ride-hailing firm Didi Chuxing will merge with Uber’s business in China in a US$35 billion deal that…