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1-10 results from 1000 for query «economy»

August 15, 2018 2:51 PM Public Bank posts 4.8% jump in Q2 net profit, declares 32 sen dividend

PETALING JAYA: Public Bank Bhd's net profit for the second quarter ended June 30, 2018 rose 4.8% to RM1.40 billion from RM1.33 billion a year ago due mainly to higher net interest income, higher income from Islamic banking business, lower loan impairment allowance and higher net fee and commission income. Revenue jumped 5.2% to RM5.44 billion compared 6

August 15, 2018 1:04 PM Focus on public-private tie-ups to achieve Vision 2020/25: IDC

KUALA LUMPUR: International Data Corporation (IDC) Asean is calling for the new government to focus on public-private collaborations to achieve Vision 2020/25. As the initial Vision 2020 set higher goals to transform the country’s society and economy, the public sector needs to step up to set the direction and planning towards building a balanced ecosystem 5

August 15, 2018 9:27 AM Modi says 'sleeping elephant' India has woken up

NEW DELHI: Prime Minister Narendra Modi on Wednesday hailed India's growing role in the world economy, calling it a "sleeping elephant" that has woken up, in a keynote national speech before a looming election campaign. The Hindu nationalist leader spoke for more than 80 minutes from the ramparts of New Delhi's 17th century Red Fort in the final Independence 4

August 15, 2018 3:15 AM Georgia hopes to sign MoU on tourism cooperation with Malaysia by year-end

KUALA LUMPUR: Georgia is keen to sign a Memorandum of Understanding (MoU) with Malaysia aimed at boosting bilateral tourism between the two countries, says its Ambassador to Malaysia Nikoloz Apkhazava. He said the MoU in the field of tourism will be crucial to expanding bilateral collaboration in the related sectors, including exchanging information 4

August 14, 2018 1:53 PM Toll concessionaires’ shares rise

PETALING JAYA: The shares of most toll concessionaires rose today after the government decided to postpone the abolishment of tolls. Among the nine toll concessionaires listed on Bursa Malaysia, Lingkaran Trans Kota Holdings Bhd (Litrak) was the top gainer, rising 2.85% or 13 sen to close at RM4.69 with 704,700 shares traded today. The company, which 5

August 14, 2018 8:14 AM Minimum wage increases to be implemented gradually: PM

KUALA LUMPUR: The implementation of the RM1,500 minimum wage will be carried out gradually to allow a recovery in the country's economy, said Prime Minister Tun Dr Mahathir Mohamad. He added that if Malaysia starts spending money which it does not have, it would not be good for the country in the long run. "If we push for higher minimum wages, cost of production 3

August 14, 2018 5:45 AM MAS offers exclusive travel deals for Matta Fair

KUALA LUMPUR: Malaysia Airlines will once again, be the official airline for the upcoming Malaysian Association of Tour and Travel Agents (Matta) Fair which takes place from Sept 7 to 9 at the Putra World Trade Centre. The national carrier will be offering hard-to-beat airfares and other value deals on its domestic and international network 5

August 14, 2018 5:00 AM Ideas: Easing monetary policy, fiscal stimuli not the right move

PETALING JAYA: Easing monetary policy and introducing fiscal stimuli to support consumption may not be the right way to prepare Malaysia for its first recession since 2009, said the Institute for Democracy and Economic Affairs (Ideas). Ideas senior fellow Dr Carmelo Ferlito was responding to Bank Islam Malaysia chief economist Dr Mohd Afzanizam Abdul 3

August 13, 2018 2:46 PM Malaysia-China relations have hit rock bottom, and Mahathir knows it

Dr Mahathir Mohamad has issued a stern warning to China against further militarising the South China Sea (see news item below). Speaking to The Associated Press days ahead of his visit to Beijing, the Prime Minister announced that he would seek to cancel multibillion-dollar infrastructure projects that his predecessor, Dato’ Seri Najib Tun Razak, signed 7

August 12, 2018 1:09 PM France to set penalities on non-recycled plastic next year

PARIS: France plans to introduce a penalty system that would increase the costs of consumer goods with packaging made of non-recycled plastic, part of a pledge to use only recycled plastic nationwide by 2025, an environment ministry official said Sunday. Brune Poirson, secretary of state for ecological transition, said the move was one of several to be implemented 9