Mosti offers rm1 mln incentive for best 10 innovative products
PUTRAJAYA: The Ministry of Science, Technology and Innovation Ministry (MOSTI), in conjunction with Malaysia Commercialisation Year 2016, will offer RM100,000…
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HSL on a roll as it procures RM1.71 billion Pan Borneo Highway Sarawak project
KUCHING: Hock Seng Lee Bhd (HSL) and its consortium partner Dhaya Maju Infrastructure (Asia) Sdn Bhd (Dhaya Maju) has been…
Potential postal tariff hike positive for Pos Malaysia’s mail segment
KUCHING: A possible postal tariff hike will bode well for Pos Malaysia Bhd (Pos Malaysia) as its mail segment currently…
Oil at 2016 high, US crude above US$40 on output freeze hopes
OIL prices hit 2016 highs on Thursday, with US crude surging five per cent to pierce the US$40 barrier, on…
Steve Cohen’s Point72 says it has perfect US compliance
BILLIONAIRE Steve Cohen’s investment firm, a family office that took over managing his fortune in 2014 after his hedge fund…
Heineken eyes control of indebted Indian tycoon’s brewery
HEINEKEN is likely to ask Vijay Mallya, who owes creditor banks more than US$1 billion, to step down from the…
Chinese winery Changyu hunting for more foreign purchases
CHINA’S Yantai Changyu Pioneer Wine is looking to expand its network of overseas wineries and drive up imports into its…
China wasted 20 per cent of wind power generated in 2015
ENERGY wastage on wind farms in China worsened in 2015, as plunging utilisation rates kept 33.9 billion kilowatt hours (kWh)…