Vehicle sales up 12.7% to 73,222 units in March
KUALA LUMPUR: Malaysia’s motor vehicle sales for March 2022 rose 12.75% to 73,222 units, from 64,938 units in March 2021, according to the Malaysian Automotive Association (MAA). Read full story
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KLCI to extend gains, breaches 1,600-point level
KUALA LUMPUR: The FBM KLCI ended the day above the 1,600 level, thanks to gains in bank and healthcare counters. Read full story
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Touch 'n Go launches upgraded card enabling reloads from mobile devices
KUALA LUMPUR: Touch ‘n Go (TNG) has launched the upgraded Touch ‘n Go Card providing users the ability to perform card reloads anytime, anywhere from their Touch ‘n Go eWallet app. Read full story
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Sunsuria buys land for RM74.16mil
KUALA LUMPUR: Sunsuria Bhd has proposed to acquire a piece of 60.81 acres leasehold land in Mukim Ijok, Kuala Selangor for RM74.16mil. Read full story
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IHH calls for medical PPP to continue to create better healthcare system in Malaysia
KUALA LUMPUR: IHH Healthcare Bhd has called for the public-private partnership (PPP) in the healthcare system, formed during the COVID-19 crisis, to continue so that the country can better navigate any uncertainties in the future by maximising all possible resources. Read full story
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Petronas awards block SK427 PSC to SK earthon, PSEP
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed a production sharing contract (PSC) with SK earthon Co Ltd (SK earthon) and Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP) for Block SK427 off the coast of Sarawak. Read full story
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Asia shares fall on China slowdown fears, but lower yields limit losses
HONG KONG: Fears of a sharp economic slowdown in China and higher oil prices weighed on most Asian stocks on Thursday, but a dip in U.S. treasury yields offered some relief for broader markets worried by the prospect of aggressive rate hikes. Read full story
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Oil firms as investors focus on supply drop from Russia, Libya
NEW DELHI: Oil prices rose on Thursday as concerns about supply due to a potential European Union (EU) ban on Russian oil came to the fore, days after diminished supplies from Libya rocked the market. Read full story
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Twitter, analysts wary of Musk takeover bid
As tempting as access to Elon Musk’s wealth may be, Twitter is not eager to be ruled by a billionaire known for shooting from the hip with little regard for the consequences. Read full story
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UOB Malaysia to offer Malaysia's first automated insurance procurement for SMEs
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is partnering with Liberty Insurance to offer Malaysia’s first automated insurance procurement for small- and medium-sized enterprises (SMEs). Read full story