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Bintulu Port's Q3 net profit drops to RM18.54m

KUALA LUMPUR: The disruption in LNG supplies and the number of vessels calling at port continue to weigh on Bintulu Port Holdings Bhd's earnings.

Facial recognition system in China mistakes celebrity's face on moving billboard for jaywalker

Jaywalkers are identified and shamed by displaying their photographs on large public screens

British lawmakers launch investigation into bank IT failures

British lawmakers launched an inquiry on Nov 23 into computer systems failures at financial services firms, after a number of outages in recent months left millions of customers unable to access their money or make vital payments.

KESM tumbles to two year low after weak results

KUALA LUMPUR: Shares of burn-in tester and chip maker KESM Industries tumbled to a two-year low of RM9 on Friday as its earnings disappointed the market.

Pos Malaysia sees RM485mil erased from market cap

PETALING JAYA: Pos Malaysia Bhd saw RM485.32mil erased from its market capitalisation as investors sold their shares after it swung into the red in the second quarter ended Sept 30.

Govt incentives for exporters

KUALA TERENGGANU: Exporting companies have been urged to explore government incentives and financial assistance provided via the Malaysia External Trade Development Corp (Matrade).

Inflation seen rising to 2.7% next year on higher fuel prices and SST

KUALA LUMPUR: RAM Ratings expects headline inflation to speed up to 2.7% in 2019 after averaging 1% in 2018, mainly due to higher fuel prices and the reintroduction of the sales and service tax (SST).

China chipmaker picks SilTerra Malaysia for RM2.9bil plant upgrade

KUALA LUMPUR: China’s leading microelectronics producer Beijing Yandong Microelectronics Co Ltd (YDME) has picked SilTerra Malaysia Sdn Bhd as a partner to set up an eight-inch wafer fabrication plant in Beijing.

KPJ proposes public-private tie-up

SHAH ALAM: A private hospital group has proposed a public-private partnership with the Health Ministry that allows government hospitals to use some of the facilities at private hospitals and help cut down waiting time.

‘If nothing is signed, then there is no loan’

KUALA LUMPUR: A fed-up Datuk Seri Michael Chong cannot figure out why some Malaysians are still taken in by loan scams.