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CHINESE industrial businesses saw their profits fall by 6.2% year-on-year in August, marking their fifth consecutive monthly drop.
KUALA LUMPUR: The Pakatan Harapan manifesto promise that all oil-producing states will receive 20% of net profits from the resource will take some time for the Government to study and implement.
KOTA KINABALU: Defence contractors have been asked to re-channel some of their profits from the ministry back to armed forces personnel and their families.
KUALA LUMPUR: Despite falling profits, Petronas has no plans to lay off any of its 50,000 local and overseas staff.
KUANTAN: Pahang state agencies will be required to channel 50% of their annual profits to the state government starting next year.