China launches international payment system
BEIJING: China has launched an international payment system, a step forward in internationalising its currency, the renminbi or yuan, state…
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RFI for KL-Singapore high speed rail project
KUCHING: Malaysia’s Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) have jointly issued a Request for Information…
Malaysian current reserves position still sufficient
KUCHING: Despite the drop in current reserves, the current level is still sufficient to cover 8.6 months of retained imports,…
Possibly better prospects in fourth quarter and beyond for palm oil
KUCHING: While headwinds remain, palm oil prices have recovered from sub-RM1,900 per tonne levels with production peaking for 2015, allowing…
H Simon to showcase London property Brook House at Pullman this weekend
KUCHING: H Simon Real Estate will hold a residential apartment building caled Brook House located in London, UK,at Pullman Hotel…
Malaysians diligent in searching for investment options beyond Malaysia
KUALA LUMPUR: Malaysian unit trust investors are constantly searching for yield and increasingly looking at alternative options outside of Malaysia…
Mercedes-Benz to maintain prices for now
KUALA LUMPUR: Mercedes-Benz Malaysia Sdn Bhd will maintain prices over the short-and medium-term, despite the fluctuation in the ringgit at…
Monsanto sees lower corporate earnings, plans job cuts
NEW YORK: US seed giant Monsanto forecast a fall in full-year earnings Wednesday and announced job cuts in anticipation of…