French MPs slash ‘Nutella tax’ after Indonesia, Malaysia protest
PARIS: French lawmakers have voted to slash a surtax on imported palm oil – dubbed the Nutella tax because the…
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Malaysia’s long-term economic prospects remain favourable
KUALA LUMPUR: Malaysia’s long-term economic prospects remain favourable given its structural strengths and diversified economy despite the revision of its…
French parliament to vote on extra tax on palm oil
PARIS: France’s National Assembly is due to vote on a proposed additional tax on palm oil, a move that has…
Malaysia-Singapore should improve connectivity, market access
SINGAPORE: Malaysia and Singapore need to improve connectivity between both countries to enhance the movement of people as well as…
KTC to acquire Brunei distribution outfit
KUCHING: Teck Cheong Consolidated Bhd (KTC) has entered into two conditional agreements with Grandtop Marketing Sdn Bhd (GMSB), for the…
HSL consortium procures RM750 million contract
KUCHING: Hock Seng Lee Bhd (HSL) and its consortium has been awarded a contract worth RM750 million. The company told…
MTC hopes to maintain export growth for timber this year
KUALA LUMPUR: The Malaysian Timber Council (MTC) is optimistic of maintaining the growth momentum of timber and timber products this…
‘Banks are adapting to credit card reforms’
KUCHING: RAM Ratings observes that some banks have substantially scaled down their credit-card reward programmes following a reduction in the…