Bankruptcy among Malaysian youth crimps consumption
KUALA LUMPUR: Malaysia, which aims to become a “high-income status” nation by 2020, is seeing an increase in the number…
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‘Weaker ringgit has no major effect on Scomi Energy’
KUALA LUMPUR: Scomi Energy Services Bhd says the weaker ringgit has no major negative effects on its current financial year…
‘No real threat to sovereign ratings with declining reserves’
KUCHING: The decline of Malaysia’s foreign exchange reserves will not pose an immediate danger to the country’s sovereign ratings. The…
Semiconductors to stay buoyant on new major smartphones
KUCHING: Despite slower worldwide semiconductor sales recorded last July due to softening demand, analysts believed the sector’s outlook remains encouraging.…
CIMB Thai bank’s rights issue credit positive, says Moody’s
KUALA LUMPUR: CIMB Thai Bank pcl’s plans to raise 3.7 billion baht (US$382 million) through a rights issue is credit…
Petronas Chem sees improving long term outlook via upgrades
KUCHING: In recent years, Petronas Chemicals Bhd (Petronas Chemicals) has undertaken heavy maintenance at its plants to upgrade equipment as…
Malaysia’s spending on enterprise application software to grow
KUALA LUMPUR: Information technology research company Gartner Inc has forecast that Malaysia’s spending on enterprise application software will grow 12.2…
Free seats promotion back for AirAsia, AirAsia X
KUCHING: AirAsia Bhd (AirAsia) is bringing back its iconic ‘free seats’ promotion that would allow guests to travel at RM0…