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Business 24 Jun 2019 | 7:22 AM

Malaysia must raise productivity to achieve high-income status

KUALA LUMPUR: Malaysia needs to increase its productivity if it is to achieve its goal to become a high-income nation in the next decade, said International Monetary Fund (IMF) managing director Christine Lagarde.

Business 26 Apr 2019 | 3:37 AM

China's Xi says Belt and Road must be green, sustainable

BEIJING: China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high quality" growth for everyone.

Business 19 Apr 2019 | 12:00 AM

BAT to consider opening another Malaysian factory in longer term

KUALA LUMPUR: British American Tobacco (M) Bhd (BAT), which had shut down its Petaling Jaya plant in 2017, will consider opening another factory in Malaysia depending on the market situation for legal cigarettes in the country.

Banking 25 Nov 2018 | 9:01 AM

China steps up fight against abuse of power by stock market regulators

SHANGHAI: China's corruption watchdog will work with the country's stock market commission to combat graft and abuse of power following a spate of violations in which companies pay officials to gain regulatory approvals, it said on Sunday.

Banking 20 Sep 2018 | 1:32 AM

Liberia probes disappearance of US$100mil in new bank notes

MONROVIA: Liberia banned 15 officials including a former central bank governor from leaving the country as it searches for about $100 million in cash, or the equivalent of almost one-fifth of its budget, that was printed abroad and disappeared after arriving at the port.

Economy 20 Jul 2018 | 4:28 AM

Finance Minister sees GDP growth easing to about 5%

KUALA LUMPUR: Finance Minister Lim Guan Eng pared back expectations for economic growth for this year to about 5% as the export-reliant nation braces for knock-on effects of a brewing trade war.

Corporate News 27 Jun 2018 | 12:00 AM

Dr M: Govt may replace ringgit notes with new ones to fight corruption

PETALING JAYA: The government is looking to replace the current currency notes with new ones to combat corruption.