Banks experience cash squeeze over ringgit, default concerns
MALAYSIA’S banks are charging one another the most to borrow in six years as the oil-price slump, a falling ringgit…
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TNB on track for steady earnings growth in 1QFY15
KUCHING: Tenaga Nasional Bhd (TNB) is poised to register a steady quarter of earnings growth in first quarter of financial…
MAHB’s SGIA to garner 33 million passengers
ISTANBUL: The newly-acquired Sabiha Gokcen International Airport (SGIA) by Malaysian airport operator, Malaysia Airports Holdings Bhd (MAHB), is expected to…
Neutral impact from new rubber standard in China
KUCHING: The new rubber standard in China, which limits the usage of natural rubber (NR) in compound rubber, is not…
Nov 2014 manufacturing sales up 2.5 pct to rm54.3 billion
KUALA LUMPUR: The sales value of the manufacturing sector in November 2014 rose by 2.5 per cent (RM1.3 billion) to…
Malaysia’s ipi up by 4.7 per cent in November
KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) grew by 4.7 per cent in November 2014 compared with the same month…
MyCC forges stronger ties with consumer watchdog PPIM
KUCHING: The Malaysia Competition Commission (MyCC) yesterday forged closer cooperation with the Muslim Consumers Association of Malaysia (PPIM) regarding possible…
Macy’s to close 14 stores, cut 1,300 jobs
NEW YORK: US department store giant Macy’s said Thursday it would shut 14 stores, cutting more than 1,300 jobs, in…