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AT Systematization’s Line 1 glove production nears completion

PETALING JAYA: AT Systematization Bhd’s Line 1 glove dipping facility is 80% completed and the first batch of medical-grade nitrile gloves set to be...

Costs slash not sufficient to neutralise cash burn – IATA

KUALA LUMPUR: The airline industry will not be able to slash costs sufficiently to neutralise severe cash burn and avoid bankruptcies and preserve jobs...

Exports in September up 13.6%, trade surplus at RM22b

PETALING JAYA: Malaysia’s exports rebounded by 13.6% to RM88.9 billion in September 2020 compared with the same month in 2019, driven by re-exports. The re-export...

Oil falls on oversupply fears after build in U.S. crude stocks

TOKYO: Oil prices slid more than 1 percent on Wednesday, paring the previous day's gains, as a jump in U.S. crude inventories and surging...

Australian, NZ dlrs outperform as economies escape lockdown

SYDNEY: The Australian and New Zealand dollars gained on the euro on Wednesday as the risk of lockdowns in Europe contrasted with open economies...

Bursa Malaysia’s net profit up 2.5 times in third quarter to RM121.94 million

PETALING JAYA: Bursa Malaysia Bhd reported a more than 2.5-fold increase in net profit to RM121.94 million for the third quarter ended Sept 30,...

FGV: Felda still yet to contact us on land lease agreement issue

PETALING JAYA: FGV Holdings Bhd has restated that the Federal Land Development Authority (Felda) has yet to reach out regarding its land lease agreement...

Supermax’s Q1 net profit soars 32-fold to RM789.5 million

PETALING JAYA: Supermax Corp Bhd has reported a whopping 32-fold increase in net profit to RM789.52 million for its first quarter ended Sept 30,...

Another rate cut likely at Bank Negara MPC’s Nov 3 meeting: Standard Chartered

KUALA LUMPUR: Standard Chartered Bank (StanChart) expects Bank Negara Malaysia (BNM) to cut the Overnight Policy Rate (OPR) by another 25 basis points (bps)...

Palm oil prices to remain supported into 2021: Fitch Solutions

PETALING JAYA: Palm oil prices are expected to remain relatively elevated in the coming months, before averaging slightly lower than current prices over the...

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