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March 22, 2018 1:44 PM Higher export sales boost Scientex Q2 earnings

PETALING JAYA: Scientex Bhd’s net profit grew 4.3% to RM67.98 million in the second quarter ended Jan 31, 2018, from RM65.19 million in the previous corresponding quarter on higher export sales. Revenue for the quarter increased 8.3% to RM634.8 million from RM586.2 million in the same period a year ago. For the six-month period, its net profit jumped 4

March 20, 2018 6:06 AM Big potential for Sungai Rambai under existing government

JASIN: The Sungai Rambai sub-district has a great potential to become a new growth centre in the state of Malacca as the area had been properly developed, said Prime Minister Datuk Seri Najib Abdul Razak. Now, he said, the sub-district has the capability to generate its own economic activity including minor industries, commerce and the tourism industry 3

March 20, 2018 1:00 AM Gerakan finalising seat swap with MCA: Mah

PUTRAJAYA: Gerakan is finalising the negotiation to swap five parliamentary and state seats with component party MCA, ahead of the looming 14th General Election (GE14). Gerakan president Datuk Seri Mah Siew Keong said the move was necessary to ensure that Barisan Nasional (BN) wins with a bigger majority. "If we feel that by swapping seats can help either 5

March 19, 2018 9:04 AM PETRONAS Chemicals expands methanol distribution in Kuantan

PETRONAS Chemicals Group (PCG) Berhad's new methanol storage tanks are seen in Tanjung Gelang, Kuantan, March 19, 2018. — Picture by Azinuddin Ghazali KUANTAN, March 19 — PETRONAS Chemicals Group (PCG) Berhad has expanded its methanol distribution service in Kuantan and its surrounding regions with the operational commissioning of two new methanol storage 4

March 17, 2018 12:11 AM Product exclusions from US tariffs may take 90 days, says document

Steel coils sits in the yard at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania March 9, 2018. ― Reuters picWASHINGTON, March 17 ― Steel and aluminum users that depend on imported products not available from US producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce 6

March 16, 2018 7:10 AM EU palm oil move can result in retaliation: Mah

PUTRAJAYA: Malaysia will take all necessary steps to protect its palm oil industry and the 650,000 oil palm smallholders, including retaliating against the European Union (EU) if it were to pass a proposal to ban palm oil in biofuel beginning 2021. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said he would not rule out Malaysia 20

March 14, 2018 1:21 AM Bung Moktar: Party rejuvenation will make Umno, BN relevant for another 1,000 years

Datuk Seri Bung Moktar Radin said Umno and BN had always stayed focused on its objective to develop Malaysia for future generations. — Picture by Yusof Mat IsaKUALA NERUS, March 14 ― Umno and Barisan Nasional (BN) have engineered many transformations and rejuvenated themselves not just to win the upcoming 14th general election (GE14), but also to ensure 14

March 12, 2018 10:35 AM Kossan buys land in Perak for RM82m

PETALING JAYA: Kossan Rubber Industries Bhd's subsidiary Premium Medical Products Sdn Bhd (PMP) has acquired two pieces of land in Perak measuring in total 824.11 acres for RM82.42 million cash from Perbadanan Kemajuan Negeri Perak (PKNP). PKNP is a body corporate established under the Perak State Development Corp Enactment 1967. Both pieces of land will be utilised 12

March 9, 2018 11:42 PM Obama in negotiations to create Netflix series

File photo of Former US President Barack Obama sitting with former first lady Michelle Obama prior to the unveiling of their portraits at the Smithsonian’s National Portrait Gallery in Washington, US, February 12, 2018. — Reuters picSAN FRANCISCO, March 10 — Former US President Barack Obama is in negotiations with Netflix about producing a series of shows 16

March 6, 2018 3:19 PM Mida expects slight improvement in approved investments this year

KUALA LUMPUR: After seeing a 7.4% drop in approved investments last year, Malaysia is targeting a slight improvement this year to RM200 billion, given RM69.5 billion worth of investments in the pipeline. Speaking at a media briefing here today on Malaysia’s investment performance last year, Malaysian Investment Development Authority (Mida) Datuk Azman 12