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Business 25 Apr 2019 | 12:05 AM Premium

Facebook sets aside US$3b to cover expected FTC fine

Agency has been investigating whether company violated consent decree when user data was shared with Cambridge Analytica

Business 25 Apr 2019 | 12:00 AM

Growth forecast at 4.7%

KUALA LUMPUR:: The World Bank Group has maintained Malaysia’s 2019 gross domestic product (GDP) growth forecast at 4.7%, driven by private consumption.

Business 24 Apr 2019 | 5:48 AM

World Bank keeps Malaysia’s 2019 GDP outlook at 4.7%

KUALA LUMPUR: The World Bank Group has maintained Malaysia’s 2019 gross domestic product (GDP) growth forecast at 4.7 per cent, driven by private consumption.

Business 23 Apr 2019 | 12:00 AM

China manufacturers deploy every weapon they can

GUANGZHOU: Manufacturers in China facing trade barriers are deploying an array of moves to try to keep foreign customers - giving discounts, tapping tax breaks, trimming workforces and, occasionally, shifting production overseas to skirt tariffs.

Business 23 Apr 2019 | 12:00 AM

Alliance in tie-up with Zurich

KUALA LUMPUR: Alliance Bank and its unit, Alliance Islamic Bank, have tied up exclusively with insurance company Zurich Malaysia for 15 years to offer general insurance and takaful products, with an aim to achieve revenue of up to RM200mil over the tenure.

Business 22 Apr 2019 | 5:40 AM

Alliance Bank, Zurich Malaysia ink bancassurance and bancatakaful agreement

KUALA LUMPUR: Alliance Bank Malaysia Bhd and its unit, Alliance Islamic Bank Bhd, have inked a 15-year bancassurance and bancatakaful agreement with Zurich General Insurance Malaysia Bhd and Zurich General Takaful Malaysia Bhd which will see a partnership value of RM200 million.

Business 22 Apr 2019 | 12:00 AM

Maybank expects to record over RM120mil in ASB investments at MSAM 2019

KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects to record a 15% increase in ASB unit trust investments at the week-long Minggu Saham Amanah Malaysia (MSAM 2019) in Sungai Petani, Kedah, totalling some RM120mil compared with RM104mil at the previous MSAM last year.

Business 22 Apr 2019 | 12:00 AM

Opportunities in semiconductor

MALAYSIA is among one of the larger semiconductor markets in the world. But there is room for the local industry to further develop its capabilities in the area of design works to remain competitive amid slowing global sales.

Business 20 Apr 2019 | 12:00 AM

Short Position

Who’s buying into Barakah?

Business 17 Apr 2019 | 4:50 AM

Hyflux woes worsen as Singapore regulators review disclosures

SINGAPORE: Singapore authorities said they are reviewing debt-laden water treatment company Hyflux's disclosures to see if the firm has breached any laws.