Business-Economy Archives - New Malaysia News

IOI Corp Q2 earnings down 68% on forex loss, lower operating profit
KUALA LUMPUR: IOI Corporation Bhd's net profit fell 68% in the second quarter ended Dec 31, 2018 due to lower operating profit and net foreign currency translation loss on foreign currency denominated borrowings and deposits . [...]
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TIME Snatches Grace Chan from Celcom Axiata
When it comes to getting the next opportunity, usually that is a... The post TIME Snatches Grace Chan from Celcom Axiata appeared first on Marketing Magazine Asia. [...]
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Tiger lifts Heineken Q4 earnings
KUALA LUMPUR: Heineken Malaysia Bhd posted higher earnings in the last quarter ended Dec 31 on increased sales volume driven by its flagship Tiger brand. [...]
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Tencent to maintain aggressive investment stance in face of challenging 2019
HONG KONG (Reuters): Tencent Holdings Ltd said investment is central to its overall strategy and so it will maintain its scale of investment after an aggressive 2018, brushing aside near-term risks such as the bursting of China’s tech bubble as economic growth slows. [...]
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Lisa Hezila Parts Ways with VMLY&R
Long-time industry veteran, Lisa Hezila, is stepping down from her Group Managing... The post Lisa Hezila Parts Ways with VMLY&R appeared first on Marketing Magazine Asia. [...]
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Malaysian palm oil price reverses gains to fall 1% from over 1-week peak
KUALA LUMPUR: Malaysian palm oil futures reversed earlier gains to fall over 1 percent in evening trade on Tuesday, as output declines remained slower than in previous years and stocks in key buying markets stayed high. [...]
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Biggest gas discovery in 45% Petronas owned entity in Indonesia in 18 years
MADRID: A consortium led by Spain's Repsol, and 45 percent owned by Malaysia's Petronas, has found new gas resources in Indonesia estimated at at least 2 trillion cubic feet, equivalent to around two years' worth of Spanish demand. [...]
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Foreigners shy away from Asian bond markets data from Malaysia and others show
Foreign flows into emerging Asian bonds turned negative for the first time in four months in January, data from Malaysia and others showed, suggesting that a shift away from a tightening bias for regional central banks is dimming the attraction of its debt. [...]
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GO-JEK: CNY Fraudster Claims are False
After contending with reports that claims its app is open to massive... The post GO-JEK: CNY Fraudster Claims are False appeared first on Marketing Magazine Asia. [...]
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Phiem Asset targets 8% growth in AUM
KUALA LUMPUR: Pheim Asset Management Sdn Bhd is targeting to expand its asset under management (AUM) between eight and 12 per cent over the next five years, said founder and executive chairman Dr Tan Chong Koay. [...]
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edotco appoints two new directors
KUALA LUMPUR: edotco Group has announced two new director appointments to its leadership team. [...]
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GoPay Wins Hearts with Touching Spot
When GO-JEK first put out GoPay, no one expected it to go... The post GoPay Wins Hearts with Touching Spot appeared first on Marketing Magazine Asia. [...]
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UK deeply disappointed by Honda's decision to close plant
LONDON: Britain said on Tuesday it was deeply disappointed by Honda's decision to close its only British car plant. [...]
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Maxis names Gökhan Ogut CEO
KUALA LUMPUR: Maxis Bhd has appointed Gökhan Ogut as chief executive officer (CEO) to take office on May 1, 2019. [...]
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Check out ZAYAN’s inspiring run in 2018
From JOMO (Joy Of Missing Out) over the past two weeks, everybody’s... The post Check out ZAYAN’s inspiring run in 2018 appeared first on Marketing Magazine Asia. [...]
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Axiata, Dialog boost KLCI as consumer stocks top gainers list
KUALA LUMPUR: Investor sentiment towards Axiata turned positive after the sale of its 28.67% stake in Singapore's M1 Ltd while Dialog Group advanced after its firm earnings and upgrade by analysts. [...]
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