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BAT reports RM77mil profit for second quarter

PETALING JAYA: British American Tobacco (M) Bhd (BAT) recorded a 32% lower net profit of RM77.2mil for the second quarter ended June 30, 2019 (Q2’19) as it continues to be affected by illegal cigarette trade and rising operating expenses.

June inflation up 1.5% after GST zero-rated year ago

KUALA LUMPUR: Malaysia's inflation rate, as measured by the Consumer Price Index (CPI) rose by 1.5% in June this year, which was in line with a survey, due to the low-base effects arising from the removal of the Goods and Services Tax (GST) last year.