KUALA LUMPUR: Malaysia Convention & Exhibition Bureau (MyCEB) has launched the 3rd Malaysia Business Events Week (MBEW) at One World Hotel in Petaling Jaya. According to a press release issued on Monday, the event aims to be a platform for industry stakeholders to converge, communicate and debate issues that impact the future growth and sustainability […]
Read MoreKUALA LUMPUR — Malaysia’s industrial production in July expanded at its fastest pace in eight months, government data showed on Monday, boosted by gains in all three major sectors. Factory output grew 6.1% from a year earlier in July, the fastest since November 2016 and beating the 5.3% annual rise forecast in a Reuters poll. […]
Read MoreKUALA LUMPUR: Johor ruler Sultan Ibrahim ibni Almarhum Sultan Iskandar has increased his stake in convenience store operator 7-Eleven Malaysia Holdings Bhd to 9.22%. Filings with Bursa Malaysia showed he had acquired an additional 2.44 million shares on Aug 28 to 30. The latest acquisitions increased his shareholding in 7-Eleven to 102.40 million shares. Shares of 7-Eleven […]
Read MorePETALING JAYA: RAM Ratings expects Malaysia’s export growth to rebound to 23.1% in July, or more than double the 10% growth in June. The ratings agency cited the strong export growth to be underpinned by the anticipated improvement in domestic industrial output in line with stronger demand from China, Singapore and Japan. As for imports, […]
Read MoreKUALA LUMPUR — Malaysia’s export growth in July exceeded expectations, rising 30.9% from a year earlier, government data showed on Wednesday, on higher shipments of manufactured products and mining goods. The pace of expansion beat the 23.1% rise forecast by a Reuters poll and tripled the 10% growth posted in June. Shipments of manufactured goods, […]
Read MorePETALING JAYA: CIMB Equities Research has cut Supermax Corp’s financial year (FY) 2018-2019 (forecast) estimates by 10.8% to 14.3% to account for a higher tax rate and higher operating expenses, especially in the contact lens segment. The research firm said its “hold” call remains but its target price was lowered to RM1.74, still based on […]
Read More
Thailand
