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Outlook dims for Singapore Inc as economy moonwalks

Having grown at a break-neck pace that transformed what half a century ago was a seedy colonial port into an Asian Manhattan, Singapore is now bracing for a prolonged period of low growth, darkening the outlook for the city-state's deeply indebted firms.


KLCI up 6.45 points at midday as Asian markets remain firm

KUALA LUMPUR: The FBM KLCI rallied by 6.45 points to 1,676.73 points at the midday close as Asian markets held steady despite significant movements in both the US dollar and the yuan today.


Oil prices drop early Monday as Iraq says doesn't want to join OPEC cut

SINGAPORE: Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work.


Ringgit higher against US$ early Monday

KUALA LUMPUR: The ringgit opened marginally higher on positive sentiment Monday, brought on by the 2017 Budget announcement last Friday, said a dealer.


Cautious start for KLCI, BCM Alliance in focus

KUALA LUMPUR: Blue chips started the new week on a cautious note on Monday, with the FBM KLCI in the red in line with the key Asian markets while crude oil prices fell.


Positive view on continued fiscal consolidation

PETALING JAYA: The continued fiscal consolidation stance in Budget 2017 is positive, given the challenging growth conditions and the Government’s strong intent to maintain fiscal prudence, Standard Chartered Research (StanChart Research) said.


More bite in new anti-smuggling Act

JOHOR BARU: Cars, sugar, oil and cooking gas tanks – these are among the products being smuggled across the borders of Malaysia, leading to losses of tens of millions of ringgit.


Malaysian students meet in Sydney

FOR four days in July, Malaysians from all corners of Australia convened in Sydney for one thing: the Malaysian Summit of Australia (MASA).


V-C admitted as fellow

UNIVERSITI Teknologi Petronas (UTP) vice-chancellor Datuk Abdul Rahim Hashim has been admitted as a William Pitt Fellow.


Admission for only the best

THE nature of the oil and gas (O&G) industry calls for workers who are technically proficient, responsible and can work with minimal supervision.