Semiconductor sector off to a slow start as January sales drop
KUCHING: Carrying on from the previous year, semiconductor sales fell 5.8 per cent on year to US$26.9 billion in January…
Browsing: Business
China to replace business tax by VAT before May
BEIJING: China will replace business tax in all industries by value-added tax (VAT) before May this year, a concrete step…
Moody’s expects capitalisation of M’sian banks to remain robust
KUALA LUMPUR: Global credit rating agency, Moody’s Investors Service, expects the capitalisation of banks in Malaysia to remain robust and…
Group says nay to plain packaging of tobacco products
KUALA LUMPUR: The ASEAN Intellectual Property Association (ASEAN-IPA) wants the Health Ministry to reconsider the proposal to introduce plain packaging…
Petronas Chemicals’ earnings expected to contract by 21 per cent y-o-y
KUCHING: Petronas Chemicals Group Bhd’s (Petronas Chemicals) earnings is expected by Affin Hwang Investment Bank Bhd (Affin Hwang) to contract…
Singapore bourse to boost freight derivatives with pursuit of Baltic Exchange
SINGAPORE Exchange’s (SGX) bid to buy London’s Baltic Exchange is aimed at burnishing its derivatives credentials among ship brokers and…
Shake up in global shipping alliances will not affect Westports
KUCHING: Westports Holdings Bhd (Westports) believes that the eventual shake-up in the global shipping alliances will not affect the group’s…
Reach Energy to acquire 60 pct intersets in Palaentol BV
KUALA LUMPUR: Reach Energy Bhd will acquire a 60 per cent equity interest in Palaeontol BV for US$154.9 million through…