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CGS-CIMB positive on resignation of FGV CEO

KUALA LUMPUR: CGS-CIMB said news of the resignation of FGV Holdings Bhd president and CEO Datuk Zakaria Arshad was a “slight positive” for FGV as it appears that the matter has ended amicably.

Rubber to surpass palm oil contribution to economy

PETALING JAYA: The rubber industry is expected to become the number one commodity contributor to the the country's economy as palm oil is facing difficulties in the international market, said Primary Industries Minister Teresa Kok Suh Sim.

WCT boosted by new RM1.77bil contract

PETALING JAYA: WCT Holdings Bhd shares closed higher on news that it had bagged a contract worth RM1.77bil for construction works relating to the proposed Pavilion Damansara Heights commercial development.

At 5pm yesterday, WCT, which is principally involved in engineering, construction, property development, saw its shares close seven sen up at 93 sen.  Analysts are positive on the contract win, given the cautious outlook on the construction sector as the government scales back on public projects.

Zakaria resigns from FGV Holdings

KUALA LUMPUR: FGV Holdings Bhd has announced the resignation of Datuk Zakaria Arshad as the group president and chief executive officer.

Datuk Zakaria Arshad

India, US closing in on package deal to remove trade irritants

NEW DELHI: Indian farmers and US manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washington and New Delhi look to remove long-standing irritants to ties, sources familiar with the talks said.

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