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KUALA LUMPUR: Newly-appointed executive chairman of AirAsia Bhd Datuk Kamarudin Meranun said competition is forcing his airline to “hit back aggressively”.
PETALING JAYA: MISC Bhd’s third quarter ended Sept 30 got a boost from Gumusut-Kakap’s first full-quarter contribution as well as improvements in its core shipping business, with analysts expecting better days ahead for the shipping giant.
JAKARTA: Indonesia’s top priority is to halt a widening current account deficit even if does mean deliberately slowing South-East Asia’s largest economy, the finance minister said.
Petronas Chemical Bhd’s earnings fell 14.4% on-year in the third quarter ending Sept 30, 2013 to RM635mil from RM742mil, as revenues declined 10.36% to RM3.527bil from RM3.935bil.
US economic growth likely slowed a bit in the third quarter as consumers kept a lid on spending, supporting the Federal Reserve's decision to maintain its current pace of bond purchases to stimulate activity.