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Pirates on sampans loot barge twice in Singapore Strait
SINGAPORE: Pirates on sampans struck in the Singapore Strait again targeting a barge pulled by the tug boat Kim Hock Tug 9 twice in five hours. While the pirates did not confront the crew members, they were able to escape with several pieces of scrap metal said officials on Monday (Jan 20)..
Yong Tai gets go-ahead to develop cruise terminal in Melaka
KUALA LUMPUR: Yong Tai Bhd to rope in Singapore Cruise Centre to manage its terminal after getting the go-ahead from Melaka state government to proceed with the project
Malaysia sends back trash, says won't be world's waste bin
PENANG: Malaysia has sent back 150 containers of plastic waste to 13 mainly rich countries since the third quarter last year, with the environment minster warning on Monday (Jan 20) that those who want to make the country a rubbish bin of the world can "dream on.”
Asian markets mixed after recent gains but mood remains upbeat
HONG KONG: Most Asian markets were mixed Monday (Jan 20) as investors took a step back after last week's rally, though the mood remains upbeat after the China-US trade pact was signed, and the global outlook appears a little rosier.
KLCI closes at day's low as telcos weigh
KUALA LUMPUR: Telcos snapped their recent rally on Monday, dragging the FBM KLCI into the red while the recovery in crude palm oil (CPO) prices was unable to lift the plantation heavyweights.
Olam splits food and commodities units to tap new trends
SINGAPORE (Bloomberg): Olam International Ltd, one of Asia’s biggest agricultural firms, is splitting its food business from the rest of its commodities trading in a move to profit from rapidly shifting consumer tastes.
Gambling site targeting teens and promoted by Singaporean actor blocked
SINGAPORE (The New Paper/ST/ANN: A mystery box website offering electronic gadgets, fashion wear and beauty products as prizes has been blocked here after a Singaporean actor promoted it on YouTube.
KLCI slips on mild profit-taking, plantation plays under pressure
KUALA LUMPUR: The FBM KLCI saw some mild profit-taking activity on Monday as it remained supported by US markets that continued its bullish run.
China’s rail network opens up transport links in Laos
VIENTIANE (Vientiane Times/ANN): The under construction Laos-China railway is the biggest development project taking place in Laos and is a part of China’s Belt and Road Initiative.