RHETORICS are translating into action, as trade spat continues to brew rapidly between the world’s two largest economic juggernauts, the United States and China. The US President Donald Trump’s move to impose sweeping tariffs on US$50bil worth of imports from China has raised concerns on the potential domino effect on other countries. Malaysia, known as […]
Read MoreAT a time when parcels were the domain of businesses and consumers mainly went to postal offices for their delivery affairs, the opening of Mail Boxes Etc (MBE) in Malaysia was, in some ways, ahead of its time. But Brian Chow somehow deemed it appropriate to open up retail access for the local courier market […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research is cautious on Yinson Holdings over the latest development in the Red Emperor or Ca Rong Do (CRD) project offshore Vietnam. It was reported that Vietnam halted the oil drilling project in the Red Emperor block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China. Red […]
Read MoreWHEN it comes to tech startup hubs in South-East Asia, entrepreneurs sometimes look past Malaysia to the lure of Singapore’s vibrant financial centre or Indonesia’s attractiveness as the region’s largest economy. They shouldn’t, said a former Microsoft Corp executive who’s now in charge of driving the country’s digital economy. Policy makers are serious about developing […]
Read MoreJAKARTA: Malaysian palm oil futures slid slightly in early trade on Friday, as disappointment lingered over the government’s decision to resume taxing exports of the edible oil. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange fell 0.73 percent to RM2,432 (US$621.20) per tonne at the midday break. Prices held […]
Read MoreKUALA LUMPUR: China’s move to throw down the gauntlet in the ensuing trade war with the US will leave Malaysia’s highly open economy vulnerable as exports account for 71% of the country’s gross domestic product (GDP). While heavy foreign positioning in government bonds shows that the exposure to capital outflows is high, Nomura Global Markets […]
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