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KUALA LUMPUR: Subsidiaries of FGV Holdings Bhd (FGV), MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF) have entered into a binding term sheet on the respective disposal and acquisition of 100 per cent stake of MSM's wholly-owned subsidiary, MSM Perlis Sdn Bhd.
SINGAPORE: DBS Group on Friday trumped market forecasts with a 72% jump in first-quarter earnings as business forged ahead on all fronts with faster loan growth and record fee income.
Construction company Nestcon Bhd is offering 161 million new shares and also placing out 32.20 million existing shares as it seeks to list on the ACE Market of Bursa Malaysia.
LABUAN: The Labuan International Business and Financial Centre (IBFC) remains resilient while demonstrating respectable growth across sectors, despite facing unprecedented challenges due to the Covid-19 pandemic.
DIGITALISATION is enabling businesses to connect to suppliers and clients in new and more direct ways, while customers are demanding more of a real-time experience.
BEIJING: China Tiesiju Civil Engineering Group (CTCE), a state-owned construction behemoth, used the country’s first intelligent track-laying facilities to lay a pair of 500-m-long ballast-free track segments for a 38.24 billion yuan (US$5.92bil or RM24.7bil), 246.6-km high-speed railway line.
WASHINGTON: The twin surprises of weak jobs growth and strong inflation in April has not dented the U.S. central bank's plans to keep its support for the economy wide open, Fed vice chair Richard Clarida said on Wednesday, adding it will still be "some time" before the economy is healed enough for that to change.
I FIRST visited China in 1974 during the disruptive cultural revolution. What I saw then, especially in rural China (incidence of rural poverty, I was told, being 99%) really made me appreciate the good life – even as we knew it then – we already had in Malaysia. Not unlike the rest of the world, ending absolute poverty has been a China dream for centuries.