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Business 19 May 2019 | 10:47 PM

May's new Brexit offer retains Northern Irish backstop, nothing new on customs

LONDON: British Prime Minister Theresa May's new Brexit offer to UK lawmakers retains the Northern Irish backstop and does not add anything new on customs arrangements, The Telegraph newspaper reported late on Sunday.

Economy 31 Jan 2019 | 11:22 PM

Cost-conscious Chinese tourists flying to Southeast Asia like Malaysia for New Year

SHANGHAI: He Yanping, 26, who works in advertising in Beijing, was among those not venturing too far overseas for Lunar New Year, with an 11-day Malaysia holiday she estimates will cost between 8,000 to 10,000 yuan. "I actually wanted to go to Australia but the problem is that it's too far, and the hotels and visa are expensive," she said.

Business 11 Jun 2019 | 1:20 AM

Facebook to unveil new versions of Portal video chat devices this fall

SCOTTSDALE, Ariz.: Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.

Business 10 May 2019 | 6:42 AM

Economic Affairs Ministry to focus on developing new industries

KUALA LUMPUR: The Economic Affairs Ministry will focus on developing new industries to drive the nation's economy to a higher level and in tune with current developments.

Business 08 May 2019 | 4:11 AM

New Zealand cuts interest rates to historic low

WELLINGTON: New Zealand’s central bank cut interest rates to a fresh record low and signaled the chance of one further reduction amid slowing global growth and weak inflation.

Business 03 May 2019 | 12:00 AM

F&N eyes new market opportunities

PETALING JAYA: Fraser & Neave Holdings Bhd’s reformulated drinks with lower sugar content could potentially open up new market opportunities in the health-conscious consumer market, according to Kenanga Research.

Business 01 May 2019 | 12:00 AM

Mestron to issue 158 million new shares, seeks listing on Ace Market

KUALA LUMPUR: Steel pole manufacturer Mestron Holding Bhd will issue 158 million new shares or 20% of the enlarged share capital under its flotation exercise.

Business 05 Apr 2019 | 5:05 AM

Petronas well positioned to provide LNG to new markets

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is well positioned to provide its liquefied natural gas (LNG) to existing and new demand markets, as well as to emerging trading hubs, through its flexible and innovative LNG solutions.

Corporate News 14 Mar 2019 | 12:00 AM

African online retailer Jumia seeks New York IPO

NEW YORK: African online retailer Jumia Technlogies AG started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising internet access and increasing smartphone use on the continent.

Corporate News 14 Mar 2019 | 12:00 AM

Petronas to offer oil products from new refinery soon

HOUSTON: Petroliam Nasional Bhd (Petronas) expects to start offering oil products from its new refining-petrochemical complex in April as the project moves toward full commercial production in October, according to a senior company official.