Telenor’s right to reconnect in Malaysia: Clara Ferreira Marques

Telenor ASA and Axiata Group Bhd are back at the negotiating table. Joining forces in South and Southeast Asia still makes sense for both carriers. Options including a mooted... Read more »

FGV terminates MoU with Samyang

FGV Holdings Bhd has terminated its memorandum of understanding (MoU) signed with Samyang Foods Co Ltd early last year. “The termination of the MoU would not have any financial... Read more »

Vehicle sales to rise by small margin this year

Four-wheel drives and sports utility vehicles led the increase in vehicle sales last year, when it breached the 600,000-unit mark for the first time since 2016. The Malaysian Automotive... Read more »

From bags to food: Louis Vuitton to open first restaurant soon

The logo of the French handbags company Louis Vuitton, part of world’s biggest luxury group LVMH. Luxury brand Louis Vuitton has confirmed that it will open the doors to... Read more »

Glove makers geared to ramp up production to face coronavirus pandemic — MARGMA

The Malaysian Rubber Glove Manufacturers Association (MARGMA) members are prepared to gear up glove production to meet requirements if the coronavirus outbreak becomes a pandemic. In a statement today,... Read more »

Aramco IPO proceeds to fund Saudi defence industry, economy

DAVOS: Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defence... Read more »

Nigeria files graft charges over US$1.3 bil oil scandal involving Shell, Eni

LAGOS: Nigeria’s anti-graft agency said Tuesday it had filed corruption charges against a former justice minister over a US$1.3 billion dollar oil scandal involving international majors Shell and Eni. Mohammed... Read more »

Germany conducts raids over suspected Mitsubishi diesel emission fraud

FRANKFURT: German prosecutors on Tuesday said they were searching business premises across the country as part of an investigation into suspected diesel emissions cheating involving Mitsubishi cars. Frankfurt prosecutors... Read more »

RM5.7 billion of palm oil in the crossfire in Malaysia-India spat

About 2 million tonnes of Malaysian palm oil products worth RM5.7 billion may need new buyers in the wake of import restrictions by India. A brewing diplomatic spat between... Read more »

Energy Commission fines TNB RM3.6 mil over electricity bills

Energy Commission says TNB needs to ensure that each user receives the electricity bill on a monthly basis. KUALA LUMPUR: The Energy Commission (ST) said it issued 36 compound... Read more »