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YANGON, Myanmar: In April, Facebook founder Mark Zuckerberg told U.S. senators that the social media site was hiring dozens more Burmese speakers to review hate speech posted in Myanmar. The situation was dire.
NAYPYITAW: Myanmar has scaled back plans for a Chinese-backed port on its western coast, sharply reducing the cost of the project after concerns it could leave the Southeast Asian nation heavily indebted, a top government official and an advisor told Reuters.
KUALA LUMPUR: CIMB Equities Research is maintaining its reduce call on Daibochi Plastic and Packaging as the stock’s valuation remains expensive at a fully-diluted 21.7 times FY18F P/E.
KUALA LUMPUR: CIMB Equities Research is retaining its Reduce recommendation for Daibochi Plastic and Packaging as it is trading at an expensive 2018 fully-diluted 20.8 times price-to-earnings (P/E) compared to the sector’s 11.9 times P/E.
MITRAJAYA Holdings Bhd announced last Friday that it has secured a RM273.8mil building job known as a “centre of excellence” from STF Resources Sdn Bhd
OCK Group Bhd, which builds and leases telecommunications towers, has been making impressive forays into the region.
KUALA LUMPUR: Myanmar's move to impose a ban on its new workers and possible recall of existing workers from Malaysia is disruptive and unfair to Malaysia’s manufacturers.
BEIJING: A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the South-East Asian nation, two senior Chinese industry sources said.
PETALING JAYA: Box-Pak (M) Bhd has entered into a long-term lease agreement with Myanmar Japan Thilawa Development Ltd (MJTD) for a plot of land in Yangon as the company seeks to set up its first plant in Myanmar.
KUALA LUMPUR: Corrugated carton box maker Box-Pak (M) Bhd, encouraged by the opening of Myanmar’s economy, plans to set up a manufacturing plant in the republic.