Business

Why are global players chasing Proton?

In Malaysian automotive circles, the guessing game has begun in earnest, as to who would emerge as Proton's foreign strategic partner (FSP) and if...

GWM, Go Auto to invest RM2bil to strengthen position in Malaysia

Go Auto Group of Companies (Go Auto) and its Chinese partner, Great Wall Motors Company Ltd (GWM), are allocating up to RM2bil investment until...

Ringgit likely to remain firm next week

The ringgit is likely to remain firm at the 4.40 level against the US dollar next week on the back a retreating greenback and...

Malindo is IATA member now

Malindo Air has received its International Air Transportation Association (IATA) certificate as an IATA member. Prior to attaining this IATA membership, Malindo Air had been...

New system to track MAS planes minute-by-minute

Malaysia Airlines has signed up to a new system to track its planes minute-by-minute, three years after the unexplained disappearance of one of its...

Ringgit opens lower against USD

The ringgit opened lower against the US dollar today on mild profit-taking following yesterday's gains. At 9.03 am, the local note stood at 4.4070/4120 against...

Ringgit opens higher against USD

The ringgit opened marginally higher against the US dollar today on better demand for the local note as weak US economic data dampened investor...

Ringgit opens higher against USD

The ringgit opened higher against the US dollar today as investors continued to buy Asian currencies, a dealer said. As at 9.02 am, the local...

US airlines not keen on talks to ban overbooking of flights

With the US government and a Senate committee looking into the dragging of a man off a United Express flight, the airline industry is...

United Airlines to reimburse all passengers in the ‘dragged off’ plane

All of the customers who were on the United Airlines flight that involved police officers dragging a passenger off the aircraft over the weekend...

GST is better than higher corporate tax, Mahathir

Mahathir suggested that the government should have a corporate tax to generate revenue instead of doing so via the Goods and Services Tax (GST),...

Samsung regains top spot in global smartphone market

Samsung Electronics Co regained the top status in the global smartphone market in the first quarter of the year, even before the release of...

Cosway launches its online mall

Leading direct selling company, Cosway (M) Sdn Bhd, which is part of the Berjaya group of companies, has launched its online mall as part...

Indonesia, Malaysia launch efforts to counter EU palm oil resolution

Indonesia and Malaysia will send a joint mission to meet with European Union officials next month, aiming to prevent the implementation of a parliamentary...

Analysis: Oil majors’ reserves are shrinking and investors don’t mind

As crude prices recover, oil majors face a dilemma – how quickly should they seek to replenish reserves? It’s the same question the cyclical oil...

Short-term rates stable on Bank Negara intervention

Short-term rates are expected to remain stable today on Bank Negara Malaysia’s continuous intervention to absorb excess liquidity from the financial system. The central bank...

Several oil majors eye Petronas’ stake

Petroliam Nasional Bhd’s (Petronas) proposed sale of a stake in a gas field offshore Sarawak has attracted the attention of several oil majors, with...

Ringgit opens lower against USD

The ringgit was marginally lower against the US dollar and all major currencies as traders remained on the sidelines due to geopolitical fears, a...

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