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KUALA LUMPUR: Despite the still-cloudy outlook, Kenanga Investment Bank Research has upgraded British American Tobacco (M) Bhd (BAT) following its recent earnings outperformance.
JAKARTA: The United States has praised the Indonesian government’s effort in addressing the issues of regulatory roadblocks, corruption and non-transparency in the business sector as it seeks to strengthen economic ties with the archipelagic country.
PETALING JAYA: British American Tobacco (M) Bhd’s (BAT) net profit for its third quarter ended Sept 30,2020 dropped 23% to RM63.74mil from RM83.13mil in the previous corresponding period, as business was affected by the Covid-19 pandemic and the growing tobacco black market.
SYDNEY: Australia’s two biggest share listings this year will highlight a polarised investment landscape: the strong, expanding allure of high-growth technology, versus entrenched demand for coal-linked assets that offer a steady stream of high dividends.
HANOI: AES Corp will sign a deal with PetroVietnam Gas to develop a US$2.8bil liquefied natural gas (LNG) import terminal and a power plant in Vietnam, according to US secretary of state Mike Pompeo.
KUALA LUMPUR: British American Tobacco (Malaysia) Bhd said its sales in the third quarter grew at a faster pace than the industry, boosted by demand for newly introduced cheaper brand KYO.
TOKYO: Oil prices slid more than 1 percent on Wednesday, paring the previous day's gains, as a jump in U.S. crude inventories and surging COVID-19 cases raised fears of an oversupply of oil and weak fuel demand.
VANCOUVER/TORONTO: Huawei Technologies Co Ltd lawyers resumed witness testimony in a Vancouver court on Tuesday, asking why aspects of Chief Financial Officer Meng Wanzhou's arrest did not set off "alarm bells" to the arresting federal police officer.
Increased investment will boost Malaysian economy but we need to step up our game
KUALA LUMPUR (Bernama) -- Petroliam Nasional Bhd (Petronas) will be hosting its inaugural International Project Management Conference 2020 (IPMC 2020) virtually on Dec 1-2.