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Comprehending the complexity of countries
GEOPOLITICS is the game of strategists figuring out how countries behave. The Ukraine war has shown how assumptions about countries or the behaviour of their leaders are wrong, plunging the world into what Henry Kissinger has called a “totally new era”.
GIIB terminates suspended director
KUALA LUMPUR: GIIB Holdings Bhd has terminated its suspended executive director, Wong Weng Yew following the investigation report pertaining to the charges of misconduct from the external independent auditor.
Oil price falls 2.5% as US refiners ramp up output, equities retreat
HOUSTON:Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
Iraq baulks at greater Chinese control of its oilfields
IRAQ’S oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control over its oilfields and led to an exodus of international oil majors that Baghdad wants to invest in its creaking economy.
Yew Lee Pacific Group launches IPO prospectus
KUALA LUMPUR: Yew Lee Pacific Group Bhd has launched its prospectus for an initial public offering (IPO) for a listing on the ACE Market of Bursa Malaysia.
GIIB commences latex glove-making plant in Nilai
PETALING JAYA: GIIB Holdings Bhd, a rubber compound and technical compound provider, has started its latex glove manufacturing facility in Nilai, Negri Sembilan.
Press Metal’s associate firm to double capacity
KUCHING: Press Metal Aluminium Holdings Bhd’s 25%-owned associate PT Bintan Alumina Indonesia (PTBAI) will double the production capacity of alumina to two million tonnes per annum when its phase two facility is due for completion in fourth quarter of 2022 (4Q22).
Malaysia touts trade access as US Indo-Pacific plan only a 'good beginning' - trade chief
WASHINGTON: Malaysia views U.S. President Joe Biden's proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact to lure investment from global companies, Malaysia's trade minister said on Friday.
