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Hong Kong tallies cost of unrest as protest march looms
HONG KONG: Hong Kong's economy is feeling the effects of ongoing protests as a top government official said the violence had contributed two percentage points to last quarter's economic contraction. Rail operator MTR Corporation added that the unrest had cost it an estimated HK$1.6bil.
Irish governing body's liabilities soar after accounts restated
DUBLIN (Reuters) - The Football Association of Ireland's (FAI) auditors were unable to guarantee the governing body can continue as a going concern after an ordered restatement of its accounts reported on Friday increased its overall liability to 55 million euros ($60.62 million).
MISC wins RM1bil jobs
PETALING JAYA: Liquified natural gas (LNG) carrier MISC Bhd has secured three long-term charter contracts amounting to US$245mil (RM1.02bil).
India’s economy is sputtering, but its stock market powers ahead
MUMBAI: India’s economy may be faltering, but its US$2.1 trillion stock market has been powering to new highs as foreign investors pile into country’s shares, betting the worst may have already passed.
Schroders leads the charge in sustainability
Sustainability is here to stay and will be incorporated in business decisions.
EPF i-Invest online platform: Benefits and impact on unit trust investors
“With great powers, comes great responsibility, ” so says one of the most thematic and often quoted lines by a well-loved character from Marvel’s Spiderman. Indeed, the initiative by the Employees Provident Fund (EPF) to allow its members to invest directly from their EPF funds into unit trust via the newly launched i-Invest online platform is an exciting prospect to say the least. Not only would this move offer greater convenience for members to grow their wealth, but also unparalleled access to tap into a set of diverse funds.
Light at the end of tunnel for gloves sector
MALAYSIA’s rubber gloves sector, which boasts some of the world’s largest manufacturers, sees light at the end of the tunnel.
PetChem ready to get back into the game
DURING an ongoing economic slowdown which has seen petrochemical players producing lacklustre results on depressing margins, Petronas Chemicals Group Bhd has been gearing up its battle machines.
ATA IMS diversifies customer base
After more than two years since its entry into the capital market, ATA IMS Bhd is now charting its next growth chapter. This time, it is seeking to grow and diversify its customer base and beef up its profit margins in the process.