Business-Economy Archives - New Malaysia News

British Vogue teams up with  L’Oreal and McCann to publish a ‘non-issue’on aging
British Vogue has come up with a “non-issue” that will be featured... The post British Vogue teams up with L’Oreal and McCann to publish a ‘non-issue’on aging appeared first on Marketing Magazine Asia. [...]
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IWCity, Ekovest say not involved in reinstated Bandar Malaysia project
KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, two listed firms controlled by Tan Sri Lim Kang Hoo, have issued separate statements to Bursa Malaysia to clarify that they are not involved in the revived Bandar Malaysia project. [...]
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Huawei Q1 revenue grows 39% to US$27b amid heightened US pressure
HONG KONG: Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm's first-ever quarterly results. [...]
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McDonald’s encourages India to vote with ad
McDonald’s has released as ad in India encouraging voters not the take... The post McDonald’s encourages India to vote with ad appeared first on Marketing Magazine Asia. [...]
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Petronas opens Malaysia's first auto expert centre
SHAH ALAM: Petronas Lubricants Marketing Malaysia (PLMM), together with Petronas Lubricants International (PLI), has launched Malaysia's first Petronas auto expert service centre, offering top-end products and high quality car maintenance services to customers. [...]
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GuocoLand to spend US$1.8b on mixed-use Singapore project
SINGAPORE; Singapore developer GuocoLand Ltd. plans to spend S$2.4 billion ($1.8 billion) on a new mixed-use development on the fringe of the central business district. [...]
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Aramco to buy Shell's 50pct stake in Saudi refining JV for US$631m
DUBAI: Saudi Aramco said on Sunday it would acquire Royal Dutch Shell's 50 percent stake in Saudi refining joint venture SASREF for US$631 million. [...]
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In nod to debt concerns, China Belt and Road summit to urge sustainable financing
SHANGHAI: World leaders meeting in Beijing this week for a summit on China's Belt and Road initiative will agree to project financing that respects global debt goals and promotes green growth, according to a draft communique seen by Reuters. [...]
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Nik Amlizan’s challenge is like trying to change tyres while the car is moving
THE Armed Forces Fund Board (LTAT) is set for a historical transformation. [...]
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The ‘Tiger Woods’ act is not for Malaysia
A month before the one-year anniversary of Pakatan Harapan’s ruling the government, Malaysia has earned the accolades of being a “boring” and under-performing stock market. The ringgit, which is the thermometer to gauge the economy, has weakened after the initial euphoria of appreciating as high as RM4 against the US dollar. [...]
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Thailand considers steps to stimulate growth
BANGKOK: The political gridlock in Thailand is prompting the junta to evaluate measures to shore up the country’s slowing growth. [...]
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P&G says too much time is spent fixing problems when it comes to Facebook and Google
P&G’s brand boss Marc Pritchard believes the digital media industry needs to... The post P&G says too much time is spent fixing problems when it comes to Facebook and Google appeared first on Marketing Magazine Asia. [...]
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Nintendo soars as Tencent wins Switch game approval in China
TOKYO: Nintendo Co shares jumped after China’s Tencent Holdings Ltd won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market. [...]
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Nik Hamdan reduces stake in Barakah Offshore
PETALING JAYA: Nik Hamdan Daud, who resigned from his posts as group president and chief executive officer of Barakah Offshore Petroleum Bhd earlier this week has reduced his stake in the company he founded. [...]
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Twitter acquires Highly, a quote-sharing app
Twitter has acquired quote-sharing app Highly as part of its continuing efforts to... The post Twitter acquires Highly, a quote-sharing app appeared first on Marketing Magazine Asia. [...]
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CPO futures to trade in yo-yo mode next week
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade in a yo-yo mode next week, mainly due to worries over an economic slowdown in China, a dealer said. [...]
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