On a steady growth path

LOCKDOWNS following the deadly spread of coronavirus has dented the demand for many consumer items.

Business, labor groups urge G20 to extend expand debt freeze for poorer countries

WASHINGTON: The International Chamber of Commerce, a global trade union and civil society groups urged the Group of 20 major economies to extend and expand a freeze in debt service payments to help not just the poorest, but also middle-income countries, weather the coronavirus pandemic and its economic fallout.

Pact to aid poor cocoa farmers in peril

LONDON: The steepest dive in cocoa demand in a decade has thrown into jeopardy a plan by top producers Ivory Coast and Ghana to guarantee some two million farmers a living wage, sources within the countries’ regulators said.

RHB raises forecast on Guan Chong on stable earnings

KUALA LUMPUR: RHB Research is anticipating robust earnings for Guang Chong Bhd in 2Q20 despite the implementation of the movement control order, due to forward sales and a relatively stable combined ratio.

Chocolate market outlook seen improving

PETALING JAYA: Guan Chong Bhd’s production should improve further in the second half of this year as its operations normalise and demand for mass market chocolate remains robust

Europe’s banks reviewing commodity financing

Collapses and scandals result in billions of dollars in losses

Sapura Energy subsidiaries bag RM840mil total contracts

KUALA LUMPUR: Sapura Energy Bhd's subsidiaries and a joint venture have been awarded contracts and contract extensions worth a combined value of about RM840mil.

Sapura bags contracts in South America and Africa

KUALA LUMPUR: Sapura Energy Bhd’s subsidiaries and a joint venture have been awarded contracts and contract extensions worth a combined value of about RM840mil in South America.

Kenanga positive over Sapura Energy contract wins, but remains cautious

KUALA LUMPUR: Kenanga Investment Bank Research remains cautious over Sapura Energy's highly geared balance sheet and earnings delivery despite the group's recent contract wins.

Guan Chong to diversify into Europe market with plant purchase