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SOBA award winner continues green efforts

PLASTIC packaging company Logomas Packaging Sdn Bhd has been in operation since 1995 and aims to be at the forefront of innovations in plastic packaging.

Logomas Packaging Sdn Bhd managing director Angela Foo (fourth left) and the team celebrating their victory at Soba 2017.

Treasury Pulse

The US dollar clawed back losses to gain 0.02% to 97.0 by the end of the week, largely due to an overnight selloff in the US stock market with the Dow Jones plunging 2.3% to 25,387 amid crude oil descending into the bear market.

Iran sanctions kick in

LONDON: Midnight on Sunday will mark a dividing line in the world of oil. Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the US government.

Petronas Chemicals Q3 profit jumps 38%

KUALA LUMPUR: Petronas Chemicals Group Bhd’s (PetChem) net profit increased by 37.6% to RM1.257bil in the third quarter ended Sept 30 from RM913mil a year ago, underpinned by higher revenue, supported by lower tax expenses and higher interest income.

IHH, Maybank, Genting push KLCI to higher close

KUALA LUMPUR: Fund buying of IHH Healthcare, Maybank and Genting Bhd helped the FBM KLCI close higher on Friday, mirroring most key Asian markets, though the third-quarter economy grew at a slower-than-expected pace.

Thailand dips into cash cows to support economy

BANGKOK: Thailand’s military government is leaning on state-run enterprises to support economic expansion by speeding up investment, as risks loom from fizzling exports and tourism.

Thailand’s military government is leaning on state-run enterprises to support economic expansion by speeding up investment, as risks loom from fizzling exports and tourism.

Petronas Chemicals Q3 net profit jumps nearly 38% to RM1.25b

KUALA LUMPUR: Petronas Chemicals Group Bhd's (PetChem) net profit increased by 37.6% to RM1.257bil in the third quarter ended Sept 30, 2018 from RM913mil a year ago, underpinned by higher revenue, supported by lower tax expenses and higher interest income.

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