A SHARP decline in the British pound following the results of the UK election yesterday will impact a number of Malaysian companies that are in the property development, utility and casino operation sectors. Yesterday, the UK election results delivered a hung parliament, where no party gained a clear majority. This would essentially mean that the […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose on Friday, charting its first gain in four sessions, tracking strength in rival oilseed soy. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent at 2,457 ringgit ($576.29) a tonne at the close of trade, its strongest daily gain in a week. Palm however was […]
Read MoreKUALA LUMPUR: Malaysia’s April 2017 manufacturing sales posted a strong growth of 15.6%, rising to RM60.5 billion compared with RM52.3 billion a year ago. In a statement on Friday, the statistics department said the significant increase in sales value year-on-year in April 2017 was due to the increase in electrical and electronics products (17.3%), petroleum, […]
Read MoreKUALA LUMPUR — Malaysia’s industrial production in April rose 4.2% from a year earlier, government data showed on Friday, supported by strong growth in the manufacturing and food and beverage sectors. However, output growth for April was below a 4.8% annual rise forecast by a Reuters poll and slower than the 4.6% increase in March. […]
Read MoreKUALA LUMPUR — Malaysia’s export growth surged again in April, though at a slightly slower pace compared to the previous month, government data showed on Monday. April’s exports rose 20.6% from a year earlier, the fifth straight month of double-digit growth. The pace was just below the 22.3% growth forecast in a Reuters poll and […]
Read MoreThree Thai landmarks have made the list of top 15 travellers’ choice landmarks in Asia this year, as determined by TripAdvisor, the world’s most popular travel site. The three are the Temple of the Reclining Buddha (Wat Pho), the Grand Palace and Temple of the Emerald Buddha (Wat Phra Kaeo), coming in fourth, ninth and […]
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Thailand
