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Archive: All news

  • FMM says production cost will ease if ringgit continues to be strong

    February 22, 2018 6:08 AM 5

    PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) said the bane of high production cost could be contained if the ringgit strengthens to the RM3.50-RM3.80 range, amid favourable business conditions moving into the first half of this year. The FMM-MIER (Malaysian Institute of Economic Research) Business Condition Survey found that indicators

  • Development in Malaysia proof country not bankrupt, Najib says

    February 22, 2018 5:18 AM 5

    Prime Minister Datuk Seri Najib Razak said that Malaysia was in good hands economically as the government has made bold decisions to ensure its progress, while reducing debt to 50.4 per cent with the self-imposed Gross Domestic Product limit. — Reuters picKUALA LUMPUR, Feb 22 — If Malaysia was a bankrupt, there wouldn’t be development taking place, says Prime

  • Live within your means, PM tells Malaysians

    February 22, 2018 5:00 AM 3

    KUALA LUMPUR, Feb 22 —Malaysians should be wise in making lifestyle choices and spend only within their means, Prime Minister Datuk Seri Najib Razak said today. “It is about choice, actually lifestyle is about choice, making the (right) choice. If you make the right choice InsyaAllah you will be able to manage,” he said when addressing the crowd at a forum

  • Four arrests over Taiwan’s ‘first’ bitcoin robbery

    February 22, 2018 5:00 AM 5

    Bitcoin (virtual currency) coins placed on Dollar banknotes, next to computer keyboard, are seen in this illustration picture, November 6, 2017. — Reuters picTAIPEI, Feb 22 —Taiwan police have arrested four men over a bitcoin robbery worth T$5 million (RM666,145) in what they said was the first case of its kind on the island. Bitcoin is a virtual currency

  • Najib’s vision of Malaysia in 2050: Prosperous, ultra-modern and equitable

    February 22, 2018 4:53 AM 4

    Prime Minister Datuk Seri Najib Razak speaks during a forum addressing the effects of the 2018 Budget in Kuala Lumpur February 22, 2018.
 — Bernama picKUALA LUMPUR, Feb 22 — Prime Minister Datuk Seri Najib Razak today described his vision of Malaysia in 2050 as prosperous, ultra-modern and equitable. He said this when asked through an anonymous question

  • Japan’s stock market got you confused? Try analysing eyebrows

    February 22, 2018 4:49 AM 6

    A man walks past an electronic board displaying Japan's Nikkei average outside a brokerage in Tokyo. — Reuters picTOKYO, Feb 22 — With Japan’s stock market having slipped away from strategists’ targets set at the start of the year, investors seeking alternative analysis could consider studying eyebrows. Thick eyebrows became popular during the nation’s

  • Fernandes praises AAX’s great results

    February 22, 2018 3:50 AM 6

    AirAsia X Bhd’s co-founder and co-group chief executive officer Tan Sri Tony Fernandes. — Reuters picPETALING JAYA, Feb 22 — AirAsia X Bhd’s (AAX) co-founder and co-group chief executive officer Tan Sri Tony Fernandes expressed his excitement on social media yesterday over the carrier’s financial performance last year. For the fourth quarter, the company’s

  • Toyo Ink queried over share price spike

    February 22, 2018 3:49 AM 5

    PETALING JAYA: Toyo Ink Group Bhd has been slapped with an unusual market activity (UMA) query by Bursa Malaysia Securities Bhd on the sharp rise in the price of the company's shares recently. As at 11.59am, Toyo Ink's share price rose 32.05% to RM1.03 with 4.46 million shares changing hands. It was trading at 58 sen on Feb 9 and to date, the stock has risen

  • Labour productivity in the country grew 3.6% in Q4

    February 22, 2018 3:46 AM 5

    PETALING JAYA: Labour productivity in the country grew 3.6% (RM85,031) in the fourth quarter of 2017 after registering 4.1% (RM82,433) growth in Q3 2017. During this quarter, Malaysia’s economy expanded 5.9% (Q3 2017: 6.2%) while employment rose 2.2% (Q3 2017: 2.0%). Agriculture sector registered labour productivity growth of 4.8% (Q3 2017: 5.2%) at RM55,490. The value

  • Court strikes out Puncak Niaga’s RM14b suit against Azmin, Selangor govt

    February 22, 2018 3:34 AM 6

    Selangor Mentri Besar Datuk Seri Mohamed Azmin Ali's (pic) lawyer said the court will also decide on a counter claim filed by Azmin against Puncak Niaga on March 13. ― Picture by Yusof Mat IsaKUALA LUMPUR, Feb 22— The Shah Alam High Court today struck out Puncak Niaga’s RM14 billion lawsuit against the Selangor state government and Selangor Mentri Besar