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Malaysia’s Sime Darby Q4 profit slides on weak industrial, logistics segments

[KUALA LUMPUR] Malaysia’s Sime Darby, the world’s largest oil palm planter by land size, announced on Friday its fourth-quarter net profit more than halved on weak performances at its industrial, logistics and property segments. The conglomerate, whose interests include plantations, properties and motors, recorded a net profit of 571 million ringgit (S$181.902 million) for the […]

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Cambodia: SMEs get support to go public

In a move to urge small- and medium-sized businesses to list on the Cambodian stock exchange’s Growth Board, more than 70 companies have joined a new initiative offered by the market regulator that will provide professional guidance on how to meet listing criteria, paving the way to having a first listing sometime next year. The […]

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APEC looks at responsible use of resources for food production

APEC officials and leaders of agricultural businesses in the region met on Thursday to discuss responsible use of resources that will ensure long-term food production and decent living standards for everyone. They also discussed the roles of the public and private sectors in this process. Tran Hong Ha, Minister of Natural Resources and Environment, hailed the private sector for “actively participating in doing research and promoting science and technology application […]

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