Business

Ministry to train manufacturers on IR4.0

By NUR HAZIQAH A MALEK / Pic By MUHD AMIN NAHARUL
The Ministry of Entrepreneur Development (MED) plans to train manufacturing companies and increase ...

China lauds import fair with RM242b in deals

By BLOOMBERG
BEIJING • Chinese firms signed a combined US$57.83 billion (RM241.74 billion) worth of intended one-year deals at the country’s first ...

Westports’ 3Q18 net profit declines 5.6%

By TMR / Pic By TMR File
Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2018 (3Q18), dipped by 5.64% year-onyear (YoY) to ...

Alibaba sets Singles’ Day sales record with 8 hours still to go

By BLOOMBERG
SYDNEY • Alibaba Group Holding Ltd logged 168.3 billion yuan (RM101.58 billion) in sales in 16 hours of its annual Singles’ Day ...

Proton considers CKD operations in Egypt

by LYDIA NATHAN / TMR file pix
Proton Holdings Bhd and its partner in Egypt, Alpha Group Ezz Elarab, are mulling over the possibility of starting ...

Sapura Energy sells 50% stake in Sapura Upstream for RM4b

A JV company, SEB Upstream, is expected to be formed between Sapura Energy and OMV by 1Q19
By DASHVEENJIT KAUR / Pic By ISMAIL CHE ...

‘Ababis’ and ‘Star Wnrs’ — knock-offs thrive in China e-commerce

US and European firms have long complained about the theft of intellectual property in China
By AFP / Pic By BLOOMBERG & AFP BEIJING ...

Coway leads the change in local water, air purifying businesses

Malaysia alone has contributed 16% to the group’s overall revenue, indicating that Malaysians are getting more aware on the water ...

Danske faces ‘years’ of damage control, next chairman says

By BLOOMBERG
COPENHAGEN • The man poised to become chairman of Danske Bank A/S is aware that the task ahead is huge. If elected to the post this month, ...

Tesla names Denholm as board chair to replace Musk

By AFP / Pic By BLOOMBERG
NEW YORK • Electric car pioneer Tesla Inc yesterday named an Australian telecommunications executive to chair its board of ...

Nextgreen partners Japanese firms for green technology

By LYDIA NATHAN
NEXTGREEN Global Bhd is expected to form a partnership with Japanese-based Nomura Holdings Inc and IHI Corp to collaborate and invest ...

Amazon Go has a real rival in Japan and its shares are soaring

TOKYO • Amazon.com Inc is betting that stores of the future won’t have any clerks or registers. A company in Japan thinks it can get there first.
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