KUALA LUMPUR: Malaysia Airlines will mount 20 additional frequencies between Kuala Lumpur to Kuching, Sandakan, Tawau and Kota Kinabalu during the Hari Raya peak travel period beginning April 28 until May 8. Read full story
KUALA LUMPUR: The FBM KLCI closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood amid relatively quiet trading. Read full story
KUALA LUMPUR: Rohas Tecnic Bhd’s subsidiary, HG Power Transmission Sdn Bhd (HGPT) has secured a contract worth US$14.56mil (RM65.65mil) from Nepal Electricity Authority. Read full story
KUALA LUMPUR: Eco World Development Group Bhd’s wholly owned subsidiary, Hasrat Budi Sdn Bhd (HBSB) has filed in the High Court of Malaya a writ of summons and statement of claim against Revolusi Asia Sdn Bhd, Entomo Malaysia Sdn Bhd and Raveenderen A/L Ramamoothie, in relation to HBSB’s investment in MYSJ Sdn Bhd. Read full […]
BEIJING: Chinese authorities have urged commercial lenders to lower their deposit rates in the government’s latest effort to shore up the world’s second-largest economy, according to sources. Read full story
AMID a rising interest rate environment, the Monetary Authority of Singapore (MAS) has tightened its monetary policy setting recently by re-centring the Singapore dollar nominal effective exchange rate (S$NEER) band to the predominant level and increasing the appreciation rate of the policy band. However, there is no change on the width of the policy band. […]
WITH the country finally transitioning into endemicity, the Malaysian property market is expected to regain its momentum this year. Read full story
CHINA’S home prices fell at a slower pace in March after authorities took further steps to prevent a worsening of a prolonged downturn in the real estate industry. Read full story
The hospitality sector has been in the doldrums for the past two years but with the reopening of borders, nearly half of the respondents in a survey say the disruption will likely end this year. Read full story
KUALA LUMPUR: The Rubber Industry Smallholders Development Authority (Risda) will launch an online application known as the “Sistem Smallholders Rubber Market (e-SRM)” to boost productivity among smallholders. Read full story
FEDERAL Reserve (Fed) officials are reinforcing expectations they’ll raise interest rates by a half percentage-point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades. Read full story