Business

Prices of RON95, RON97 petrol up 10 sen per litre, price of diesel unchanged

The retail prices of RON95 and RON97 petrol will be higher by 10 sen per litre while the price of diesel will remain at RM2.18 per litre for ...

AirAsia X posts RM99.3m net loss in FY18

By MARK RAO
AirAsia X Bhd posted a RM99.27 million net loss for October through December 2018 as higher fuel and finance costs, and lower revenue base ...

Sime Darby posts 2Q profit of RM317m

By LYDIA NATHAN / Pic By MUHD AMIN NAHARUL
Sime Darby Bhd has spent about RM200 million of the RM1 billion allocated for capital expenditure (capex) in ...

BAT’s cost measures help raise 4Q profit

By NUR HAZIQAH A MALEK / Pic By TMR
British American Tobacco (M) Bhd’s (BAT) cost-based transformation initiative and business model were effective, ...

Sainsbury-Asda merger near collapse after antitrust ruling

LONDON • J Sainsbury plc’s attempt to create the biggest UK supermarket chain with the £7.3 billion (RM38.68 billion) purchase of WalMart Inc’s Asda Stores ...

Malaysia still lags in retail e-commerce

By LYDIA NATHAN / Pic By MUHD AMIN NAHARUL
Malaysia’s retail sales on the web remain low compared to other countries in the continent despite the many ...

Stronger ringgit good for pharmaceutical sector

By SHAZNI ONG / Pic By ISMAIL CHE RUS
The strengthening of ringgit against the US dollar augurs well for the healthcare sector, and especially the ...

Analysts cautious on KPJ despite higher 2018 earnings

By FARA AISYAH
Research firms remain cautious on KPJ Healthcare Bhd on concerns of potential gestation costs arising from new hospital openings, ...

Grab wants govt agencies to be inclusive

By LYDIA NATHAN / Pic By MUHD AMIN NAHARUL
Grab Malaysia is growing weary of the slow progress and delivery by various government agencies that are ...

Legoland Malaysia eyes Indian, Mideast markets for growth

By NG MIN SHEN
Legoland Malaysia Resort is eyeing India and the Middle East as potential markets that could improve the number of visitors, while ...

Sanofi’s dengue vaccine banned in Philippines

By BLOOMBERG
TOKYO • Sanofi’s controversial dengue vaccine was dealt another blow as the Philippines permanently banned the treatment, which set off a ...

IOI Corp’s 2Q profit tumbles 67% on weaker CPO prices

It expects to sustain its business performance in the remaining quarters of FY19
By FARA AISYAH / Pic By BLOOMBERG IOI Corp Bhd’s net profit for the ...