Sunday, January 7th, 2018

 

Japan claims anchor role in KL-Singapore High Speed Rail bid

KUALA LUMPUR, Jan 7 ― Japan is making an all-out bid for the Kuala Lumpur-Singapore High Speed Rail (HSR) contract to construct Southeast Asia’s largest ever infrastructure project. The Japanese package would be a truly holistic one with the…


Williams paints benign picture of Fed rate hikes, strong US economy (VIDEO)

PHILADELPHIA, Jan 7 ― The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key US rate-setter said…


Williams paints benign picture of Fed rate hikes, strong US economy

PHILADELPHIA, Jan 7 ― The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key US rate-setter said…


US fund managers expect value stocks to jump in 2018

NEW YORK, Jan 7 ― Value stocks are getting a once-over from some US growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 per cent last year. Value stocks, so…


VW 2017 group sales rose to around 10.7 million cars, beating Toyota, says report

BERLIN, Jan 7 ― Volkswagen group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota as the world’s largest automaker, Bild am Sonntag reported, citing in-house VW estimates. Higher delivery…


The week at a glanace 7 January 2018

Sabah & Sarawak T7 Global bags rm260 mln contracts T7 Global Bhd has won contracts, worth RM260 million, via its wholly-owned subsidiaries, Tanjung Offshore Services Sdn Bhd (TOS) and Wenmax Sdn Bhd (Wenmax). In a statement, chairman Datuk Seri Dr Nik Norzul Thani N Hassan Thani said the projects reflected the group’s commitment to project […]


Thailand: Year in Review 2017

Rising overseas demand for goods and services pushed Thailand’s GDP towards five-year highs in 2017, with business-friendly fiscal policies and planned spending on infrastructure expected to support further expansion in 2018. The Thai economy improved over the course of 2017, recording year-on-year (y-o-y) growth of 3.3 per cent in the first quarter, 3.8 per cent […]