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Malaysia Airlines sees strong bookings after tough Q1

KUALA LUMPUR: Malaysia Airlines continued to see strong bookings after a tough Q1 FY17 with a 45% improvement in forward bookings for the next six months from June to November 2017 compared with a year ago. Announcing the results of its performance, the national carrier said on Friday it was maintaining its cautious outlook for […]

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Malaysia’s growth quickens, beating forecasts

Malaysia’s economy grew at the fastest pace in two years last quarter, lifted by an export recovery and stronger private consumption and investment. Key Points Gross domestic product (GDP) rose 5.6% from a year earlier, Bank Negara Malaysia said in a statement Friday. Growth was 4.5% in the fourth quarter. The median estimate of 22 […]

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Malaysian palm oil price declines, tracking weaker rival oils

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday evening, tracking weaker soyoil on the Chicago Board of Trade and other related edible oils on China’s Dalian Commodity Exchange. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was down 0.6 percent at 2,626 ringgit ($607.03) a tonne by the close. Traded volumes stood at […]

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Malaysia’s economy expands faster at 5.6% in Q1

KUALA LUMPUR: Malaysia’s economy grew at a faster pace of 5.6% in the first quarter ended March 31, 2017, exceeding the consensus of a 4.8% growth, powered by the manufacturing and services sectors. Bank Negara Malaysia (BNM) said on Friday that growth, on the expenditure side, was underpinned by an increase in private consumption of […]

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