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Supermax quarterly net profit tops RM1bil Â
KUALA LUMPUR: Supermax Corp Bhd joined bigger rival Hartalega Holdings Bhd to post RM1bil net profit in one quarter, propelled by rising glove prices amid robust demand for the protective gear.
The Week That Was - Tighten SOPs, KPower, NEM Solar, gloves, vaccine supply
THE Federation of Malaysian Manufacturers (FMM) told its members on Monday to take additional measures and tighten the standard operating procedures (SOPs) at their workplace and living quarters of employees to curb the spread of the Covid-19.
Global Covid-19 cases surpass 100m as nations tackle vaccine shortages
BENGALURU: Global coronavirus cases surpassed 100 million on Wednesday, according to a Reuters tally, as countries around the world struggle with new virus variants and vaccine shortfalls.
MAHB gears up for pre-Covid recovery by 2023
PETALING JAYA: As Covid-19 continues to force most international borders shut, Malaysia Airports Holdings Bhd (MAHB) is taking the opportunity to upgrade its facilities and to gear up towards the expansion of its airports, especially KLIA.
European stocks end higher as Stellantis, luxury stocks jump
LONDON: European stocks rose on Monday as a jump in carmaker Stellantis and luxury stocks helped reverse early market losses due to worries about an economic recovery and losses in French grocer Carrefour.
Democracy in the US in clear and present danger
A week is a long time in politics. Last Wednesday, armed supporters of President Trump stormed the sanctity of the Capitol, the temple of American democracy
Surging shipping rates pose new headwind for global economy
SHOCKS to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
Top maker of mini motors bets it can win over Tesla
Nidec says it can make key component for EVs cheaper
China’s electric vehicle market entering fast lane
SHANGHAI: China’s electric vehicle (EV) market is ready to switch into high gear in the new year as automakers scramble to offer lucrative deals to attract environmental protection-conscious buyers and embrace the country’s carbon neutrality goal in the years to come.
NAZA2.0 charts the path for new growth
THE first half of 2020 has undeniably taught businesses, the world over, many valuable lessons. The impact of Covid-19 has been extensive, far-reaching and likely to be long-lasting.