IMF says euro zone growth could be worse than expected
WASHINGTON: The International Monetary Fund (IMF) warned of downside risks to its growth projections for the euro zone, and urged…
Browsing: Business
China, Mexico eye US$7.4 billion in investment funds
BEIJING: China and Mexico will set up a US$2.4-billion investment fund to support infrastructure, mining, and energy projects and are…
South Korea keeps key rate at 2 per cent in November
SEOUL: South Korea’s central bank on Thursday kept the key interest rate unchanged at 2.0 per cent for November, as…
Asean economic integration creates biz opportunities
SINGAPORE: The Association of South-East Asian Nations’ (Asean) efforts at economic integration have helped to anchor the grouping’s relevance to…
GDEX to ride the e-commerce boom, poised for quantum leap in FY16
KUCHING: The growing adaptability of e-Commerce in this region is expected to boost GD Express Carrier Bhd’s (GDEX) growth exponentially…
Petronas to acquire Phillips 66 interest in Malaysian Refining Company
KUALA LUMPUR: Petronas announced it has reached an agreement with Phillips 66 Asia Ltd, a subsidiary of Phillips 66, to…
Fadillah: Produce construction materials from local sources
KUALA LUMPUR: The Works Ministry has urged developers, academic institutions, construction material suppliers and industry players to work together and…
Bumi Armada with long-term FPSO, T&I contracts to stay resilient
KUCHING: Bumi Armada Bhd’s (Bumi Armada) prospects remain resilient supported by its long-term contracts for floating, production, storage and offloading…