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February 16, 2018 12:09 PM Walmart reportedly in talks to buy more than 40pc of India’s Flipkart

The logo of India's largest e-commerce firm Flipkart is seen on the facade of the company's headquarters in Bengaluru, India July 7, 2017. — Reuters picMUMBAI, Feb 16 — Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources 9

February 15, 2018 2:17 PM Report: Malaysian civil engineer detained in UAE to be released soon

Malaysian businessman Richard Lau (left) has been detained without charge for over 10 months. ― Picture via Detained in DubaiKUALA LUMPUR, Feb 15 — Malaysian citizen Richard Lau who has been detained in Dubai since April last year is set to be released soon thanks to the collaboration of Wisma Putra and the United Arab Emirates (UAE) government. According 10

February 12, 2018 12:05 AM Trump to unveil US$1.5t infrastructure plan

WASHINGTON: Donald Trump's administration will sketch out more details of its plan to invest in America's creaking infrastructure Monday, hoping it can leverage up to US$1.5 trillion (RM5.9 trillion) for the cause. Senior White House officials said the president's budget, due to be released on Monday, will include US$200 billion earmarked for projects 4

February 9, 2018 5:26 AM Make bicycle a mode of transport in KL: Netherlands Minister

KUALA LUMPUR: The bicycle should be a mode of transport in the federal city to promote a healthier lifestyle among city folks, said the Netherlands Minister of Foreign Trade and Development Cooperation Sigrid Kaag. Taking her country as an example, she said cycling has long become a common mode of transport with 36% of the people listing the bicycle 3

January 29, 2018 7:50 AM Google confirms investment in Indonesian ride-hailing firm Go-Jek

Two sources had told Reuters that Google was investing about US$100 million in Go-Jek. — Reuters picSINGAPORE, Jan 29 — Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in South-east Asia. The funding 9

January 23, 2018 3:54 PM Additional 1.5b units of AS 1Malaysia open for subscription from Jan 29

MIC president Datuk Seri Dr S. Subramaniam (centre) announcing 1.5 billion units of Amanah Saham 1Malaysia shares for subscriptions open to more than 50,000 Indians from January 29 at a press conference in Putrajaya, January 23, 2018. — Bernama picPUTRAJAYA, Jan 23 — More than 50,000 Indians are expected to benefit from the 1.5 billion additional units 4

January 9, 2018 2:24 AM Mercedes-Benz claims luxury pole position in 2017

The Stuttgart-based group reported sales of around 2.3 million cars last year, an increase of almost 10 per cent on the figure for 2016 and its seventh record year in a row. — Reuters picFRANKFURT, Jan 9 — Mercedes-Benz said yesterday it had defended its top spot as the world’s biggest luxury carmaker in 2017, with a surge in sales, particularly in China 22

December 23, 2017 2:36 PM Fama aims to export RM200m worth of Musang King and D24 durian next year

Fama aimed to export RM200 million worth of frozen Musang King and D24 durian in 2018. — Bernama file picYAN, Dec 23 — The Federal Agricultural Marketing Authority (Fama) aims to export RM200 million worth of frozen Musang King and D24 durian next year, up from RM70 million this year. Its chairman, Tan Sri Badruddin Amiruldin said this was based on the wider 29

October 30, 2017 12:45 PM Goldman CEO has high hopes for London HQ post-Brexit, much outside his control

LONDON: Goldman Sachs chief executive Lloyd Blankfein expects to fill up the firm's new European headquarters which is currently under construction in London, but said Britain's exit from the European Union leaves much outside the bank's control. "In London. GS still investing in our big new Euro headquarters here. Expecting/hoping to fill it up, but so much outside 9

October 27, 2017 6:25 AM New Deal Ideas: Moving beyond Najib’s Nothing-nomics

The New Deal Ideals is not an exhaustive list but the point is to avoid further economic insanity. Prime Minister Najib Razak has been in survival mode since the revelation in 2015 that he was personally connected to the 1MDB mega-scandal. Even before that, he has not been thinking about serious reforms to transform the Malaysian economy but merely muddling 25