Saturday, August 18th, 2018


Trump says in ‘no rush’ to get NAFTA deal

WASHINGTON: President Donald Trump said he was in ‘no rush’ to complete a deal to rewrite the trade pact with Mexico and Canada. As Mexican officials were gathered in Washington for talks with US Trade Representative Robert Lighthizer, Trump said at a cabinet meeting, “if you can’t make the right deal, don’t make it.” Negotiators […]

AirAsia’s disposal in AAE Travel provides positive long-term catalyst

KUCHING: AirAsia Group Bhd’s (AirAsia) stake disposal in AAE Travel Pte Ltd (AAE Travel) provides positive catalyst for the long-term growth of the group, analysts say on this latest development. In a filing on Bursa Malaysia, AirAsia said its wholly-owned subsidiaries, AirAsia Exp and AirAsia Bhd (AAB), have executed a share purchase agreement with Expedia […]

Malaysia to have minimal impact on US-China trade war

KUALA LUMPUR: Malaysia will have a minimal impact on the US-China trade war since the country is a small open economy, says Bank Negara Malaysia (BNM). However, if the trade war continues to escalate, the whole global economy will be affected and there could be a reduction in global growth by 0.5 per cent by […]

World’s top pork supplier shuts China slaughterhouse in race to contain deadly swine fever

BEIJING: China has ordered the world’s top pork producer, WH Group Ltd, to shut a major slaughterhouse as authorities race to stop the spread of deadly African swine fever (ASF) after a second outbreak in the planet’s biggest hog herd in two weeks. The discovery of infected pigs in Zhengzhou city, in central Henan province, […]

BNM: Economy on steady growth path going forward

KUALA LUMPUR: Malaysia’s economy is expected to remain on a steady growth path going forward with growth supported mainly by private sector activity, says Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus. Positive labour market conditions and capacity expansion will continue to support robust private consumption and investment respectively, she said in a […]

AirAsia celebrates inaugural flight from Bangkok to Kota Kinabalu

KOTA KINABALU: AirAsia celebrates its maiden flight from Bangkok, Thailand to Kota Kinabalu on Thursday, marking the first AirAsia Thailand flight to East Malaysia. The inaugural service departed Don Mueang International Airport in Bangkok on Thursday and was joined by Minister of Tourism, Arts and Culture Malaysia Mohamaddin Ketapi. The flight was welcomed with a […]

The smarter way to invest during volatile times

THE popular manner unit trust funds are promoted by fund sales promoters are based on fund past performance. And that is also the common way investor gets the impression and decides which fund is good to invest in. Why? Because this feeds exactly into the investor’s psychology of wanting to see the good double-digit performance. […]

X-FAB Sarawak named Asia’s Best Employer Brand

KUCHING: X-FAB Sarawak Sdn Bhd was awarded with Asia’s Best Employer Brand Award 2018 once again, recognising X-FAB Sarawak for its excellence and outstanding employer branding activities. The semiconductor manufacturer that is part of the X-FAB group employing 4,000 people worldwide and about 1,300 people in its Malaysia facility, received recognition for its relentless efforts […]