Saturday, January 5th, 2019

 

November exports post 1.6 pct growth, imports up five pct

KUALA LUMPUR: Malaysia’s November 2018 exports grew 1.6 per cent year-on-year (y-o-y) to RM84.79 billion, while imports increased five per cent to RM77.24 billion. According to the Malaysia External Trade Statistics report, this resulted in a 24 per cent contraction in trade surplus to RM7.55 billion. “This marked the 253rd consecutive month of trade surplus […]


Margins pressure persist for plastics, volatile prices bite

KUCHING: Margin compression remains a major concern for Kenanga Investment Bank Bhd’s resarch firm (Kenanga Research) in its review of Malaysia’s plastics and packaging industry. The group in a note yesterday remained cautious over the volatile raw material prices, the variability of favourable product mix and higher operating expenses that has caused margin compressions in […]


Buzz grows on ‘flying cars’ ahead of major tech show

MOUNTAIN VIEW: Will flying cars take off at the upcoming Consumer Electronics Show? Well, sort of. The prototypes won’t be soaring over the Las Vegas Strip during the technology extravaganza which runs from January 8-11. But a number of flying car designs will be on display, portending what many see as an inevitable airborne future […]