Business

Newmont to buy Goldcorp in RM41b gold-mining deal

The deal will create a miner that exceeds Barrick-Randgold in scale, producing about 7.9m ounces of gold a year
LONDON • Newmont Mining Corp will ...

Rich Chinese still hungry for luxury goods

SHANGHAI • About half of Chinese consumers say they’re planning to spend more on luxury purchases this year in a recent survey as concerns mount that the ...

CMS raises stake in MPAS project

Cahya Mata Sarawak Bhd’s (CMS) wholly owned subsidiary, Samalaju Industries Sdn Bhd, has increased its stake in Malaysian Phosphate Additives (Sarawak) Sdn ...

FGV’s new group CEO to be named in the next few days

by FARA AISYAH / pic by ISMAIL CHE RUS
FGV Holdings Bhd will appoint a new group CEO in “the next few days” as the struggling planter seeks to correct ...

Bamboo Airways will join Vietnam’s crowded skies

HANOI • Vietnam’s Bamboo Airways, after repeated delays, will start commercial flights on Jan 16, the company said in an emailed statement.
The carrier ...

Chinese web giants are behind Latin America’s mobile tech boom

By pouring investment into mobile commerce, the nation has found another way to dominate where America once held sway
by DANIELA GUZMAN WHEN Alex Tabor ...

Blended coal for Perak power plant

Tenaga Nasional Bhd (TNB) is introducing blended coal at its coal-fired power plant in Lumut, Perak, as part of a continuous effort to ensure a sustainable ...

KPS to extend corporate guarantee 
to Central Spectrum

Kumpulan Perangsang Selangor Bhd’s (KPS) said the financial assistance in the form of corporate guarantee to Central Spectrum (M) Sdn Bhd shall be ...
Polymer Link

Polymer Link buys Well T&P Enterprise for RM57,500

Polymer Link Holdings Bhd’s 60%-owned subsidiary Polymer Link Synergy Sdn Bhd had on Jan 11, 2019, entered an agreement to buy a lubricant business under ...

Ford Ranger sales rise 19% in 2018

by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL
Ford Ranger sales surged 19% in 2018 compared to the precedent year, increasing its market share in the ...

Poh Kong anticipates better profit 
on higher gold price

By DASHVEENJIT KAUR / Pic By TMR
POH Kong Holdings Bhd is expected to improve its margin that would lift the company’s profitability higher for the ...

Vanke to focus on Jalan Raja Chulan mixed-use development project this year

We want to move steadily and sustainably, not too fast, according to the company’s MD
by NUR HAZIQAH A MALEK / pic by BLOOMBERG Vanke Holdings (M) Sdn ...