Muted growth in auto segment as spending faces shortfalls
KUCHING: The automotive sector will likely remain flattish this year as a slowdown in consumer spending is mitigated by shortfalls…
Browsing: Business
Firefly launches new year promotion
KUALA LUMPUR: Malaysia’s premium short-haul airline Firefly has launched its New Year promotion for domestic destinations at an all-inclusive price…
IJM Corp procures RM539 mln mixed development contract
KUCHING: IJM Corporation Bhd (IJM Corp) has been awarded a construction contract worth RM538.5 million. The company told Bursa Malaysia…
Draghi says price risks rising in eurozone on deflation fears
BERLIN: The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an…
GM adds another 92,000 vehicles to ignition switch recall
WASHINGTON: General Motors announced a recall of more than 92,000 additional vehicles over ignition switch problems blamed for 42 deaths.…
Energy-rich Turkmenistan devalues currency against dollar
ASHGABAT, TURKMENISTAN: The energy-rich former Soviet republic of Turkmenistan devalued its currency against the US dollar by 18 per cent,…
Slow growth, uneven global recovery hampers Singapore
SINGAPORE: Singapore’s economy expanded less than economists estimated last quarter after its manufacturing industry weakened with slowing growth in China…
Tasmania’s lavender bear smells potential of Chinese market
NABOWLA, AUSTRALIA: When Chinese President Xi Jinping stepped on to the airport tarmac in Australia’s smallest state Tasmania he was…