PM: Impact of current MCO to be manageable

KUALA LUMPUR: Tan Sri Muhyiddin Yassin expects the impact of the current Movement Control Order (MCO) on the economy to be manageable as growth will continue to be supported by strong exports sector and the global trade recovery.

MPOB develops three palm-based technologies for commercialisation

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) has developed three advanced palm-based technologies for commercialisation.

The week that was - Eco World, Pharmaniaga, LNG, semicounductors

ECO World Development Bhd on Wednesday abandoned merger talks with UEM Sunrise Bhd, as its chairman Tan Sri Liew Kee Sin said the developer is seeking to pursue its own business plan.

Taiwan Dec exports seen climbing for sixth month in row

TAIPEI: Taiwan's exports in December likely rose for a sixth straight month, a Reuters poll showed, lifted by strong demand for electronic goods as people continue to work and study from home during the COVID-19 pandemic.

RHB raises earnings forecast for Unisem on higher sales and margins

KUALA LUMPUR: RHB Research is projecting higher sales and margin assumptions for Unisem (M) Bhd following its robust results and strong order visibility.

Intel poised to sell NAND business to South Korea's SK Hynix for almost $10 bln

Intel Corp is preparing to sell its NAND memory chip business to SK Hynix Inc for almost $10 billion in a deal that would propel the South Korean chipmaker to second in the global rankings, two sources familiar with the matter said.

Samsung tipped to log strong Q3 earnings

SEOUL: Samsung Electronics Co is expected to report strong third-quarter earnings, analysts here say, as its mainstay semiconductor business remained solid despite a decline in memory prices, while its mobile and home appliance sales soared on pent-up demand amid the pandemic.

Nvidia nears deal to buy chip designer Arm for more than US$40b

NEW YORK: Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.

Taiwan July export order growth hits 2-1/2-year high on work-from-home boom

TAIPEI: Taiwan's July export orders grew at the strongest pace in two-and-a-half-years, surging on strong demand for telecommuting products, as the coronavirus pandemic forced millions of people around the world to stay home.

Insight - Predictions for the employment market in S-E Asia industrial sector