Business

KUB Malaysia to lay off staff 
and dispose of asset in Mukah

Company is looking to reduce total headcount as part of its review and cost-cutting measures, says MD
By RAHIMI YUNUS / Pic By TMR KUB Malaysia Bhd ...

China’s big three airlines seek 737 MAX payouts from Boeing: reports

PIC: AFP
China’s three biggest airlines have filed claims seeking compensation from Boeing over the grounding and delayed delivery of 737 MAX 8 ...

Trump’s Huawei ban ripples across industry as supplies halted

By BLOOMBERG
SAN FRANCISCO • The impact of the Trump administration’s threats to choke Huawei Technologies Co Ltd reverberated across the global supply ...

Barakah slips into PN17 on defaulted bank payments

By MARK RAO
Barakah Offshore Petroleum Bhd became an affected listed issuer after receiving a notice of demand from Export-Import Bank of Malaysia Bhd ...

Lafarge CEO resigns after YTL takeover

Yeoh Khoon Cheng (picture) has stepped down as Lafarge Malaysia Bhd CEO after YTL Corp Bhd completed the acquisition of a 51% stake in the cement maker and ...

Ryanair falls as price war threatens profits

By BLOOMBERG
LONDON • Ryanair Holdings plc joined a chorus of European carriers in warning that a fare war and weaker economies may hold back profit ...
GDP

KPS tables RM311m offer for Toyoplas

By MARK RAO / Pic By MUHD AMIN NAHARUL
Kumpulan Perangsang Selangor Bhd (KPS) has made an offer to takeover Toyoplas Manufacturing (M) Sdn Bhd (TMM) ...

Axiata: No job losses over merger

By BERNAMA / Pic By TMR File
Axiata Group Bhd president and group CEO Tan Sri Jamaludin Ibrahim (picture) has reiterated that there would be no ...

Vehicles sales up 6.2% in April

TIV grew by 6% YTD, contributed by higher volume registered by local carmakers
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL SALES of vehicles increased ...

PPB expects fair results this year amid US-China trade war

Company’s chairman expects the market to be volatile, but is confident of the group’s performance this year
By SHAZNI ONG / Pic By TMR File PPB Group ...

Fuel prices: RON97 down 2 sen, RON95, diesel unchanged

The Finance Ministry today announced that the retail price of RON97 petrol will come down  two sen to RM2.68 per litre while petrol prices ...

Bumiputera developers suffer millions of losses due to abandoned PR1MA projects

by AFIQ AZIZ/ pic by MUHD AMIN NAHARUL
 Bumiputera developers and contractors said their companies are at risk of being shut down, as they suffer ...