KUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded at 6.8% in August 2017 from a year ago, underpinned by the stronger manufac turing output and exceeding a Bloomberg survey of a 5.8% growth. The Statistics Department said on Thursday the expansion in August was supported by positive growth in all indices: Manufacturing (7.6%), Mining (5.3%) […]
Read MoreKUALA LUMPUR: The Government has decided to impose a provisional anti-dumping duties ranging from 7.27% to 111.61% on cold-rolled stainless steel (CRSS) imports from China, South Korea, Chinese Taipei and Thailand. In a statement on Wednesday, the International Trade and Industry Ministry (Miti) said the measure would be effective not more than 120 days from […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production in August expanded at its fastest pace since March 2015 and above industry expectations, supported by strong growth across all sectors. Factory output grew 6.8% from a year earlier in August, above the 5.9% annual rise forecast in a Reuters poll. Industrial output was up 6.1% in July. Factory output […]
Read MorePETALING JAYA: A group controlled by Thailand’s third richest man, Charoen Sirivadhanabhakdi, is said to be looking to taking a substantial stake in the Kentucky Fried Chicken and Pizza Hut restaurant chain in Malaysia. Charoen, through his majority controlled Thai Beverage PCL, which brews and markets Chang beer, is in the process of taking over […]
Read MoreKUALA LUMPUR: Business sentiment among Malaysian companies improved further for the third consecutive quarter in the fourth quarter (Q4 17), reaching its new peak in six consecutive quarters. According to Dun & Bradstreet (D&B) Malaysia’s Business Optimism Index (BOI) study, overall BOI climbed from +3.40 percentage points in Q3 17 to +5.52 percentage points in […]
Read MoreKUALA LUMPUR: The ringgit extended yesterday’s gain to open higher against the US dollar today on continued demand for the emerging currencies, including the local note, as investors remained concerned over the possibility of US interest rate increase moving forward, dealers said. At 9.25 am, the local unit was quoted at 4.2240/2270 against the US […]
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