Petronas Chemicals posts strong Q4 earnings

KUALA LUMPUR: Petronas Chemicals Bhd posted a strong set of earnings in the fourth quarter ended Dec 31,2020 with net profit of RM466mil, underpinned by a recovery in petrochemical product prices, and it expects an improvement this year

Brazil’s Vale bullish on conditions in China

RIO DE JANEIRO: Brazilian mining company Vale SA said it will continue investing in China and further expand its presence in the country, which has been witnessing an ever increasing share of the global mining giant’s total sales.

Petronas Chemicals posts strong 4Q net profit of RM466m

KUALA LUMPUR: Petronas Chemicals Bhd posted a strong set of earnings in the fourth quarter ended Dec 31,2020 with net profit of RM466mil, underpinned by a recovery in petrochemical product prices, and it expects an improvement this year.

Five new tech company owners in the top 40

THE Top 40 Richest in Malaysia list for 2020 saw the entries of new tech billionaires from five companies, as they became beneficiaries of the China-United States trade tensions as well as a Covid-19 pandemic-induced electronic equipment demand surge, as lockdowns forced people to work from home.

73,000 jobs created in 2020

DOSM: 73,000 jobs created in 2020

KUALA LUMPUR: The number of jobs created in 2020 decreased by 31,000 jobs to 73,000 from 104,000 jobs created in 2019, reflecting a softer labour demand from businesses in the private sector, said Department of Statistics Malaysia chief statistician Datuk Seri Dr Mohd Uzir Mahidin.

UK economy slumps by record 10% in 2020 after Covid hit

LONDON: Britain's coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9%, but it avoided heading back towards recession at the end of the year and looks on course for a recovery in 2021.

Brent reaches US$60 per barrel

Demand likely on recovery path due to aggressive vaccine programmes

Consumers concerned over economy and jobs

PETALING JAYA: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER).

Consumers worried about income, job security, says MIER survey

KUALA LUMPUR: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER).