Saturday, April 6th, 2019

 

MITI establishes centre for artificial intelligence with Microsoft

KUALA LUMPUR, April 6 — The Ministry of International Trade and Industry (MITI) has established a centre for artificial intelligence with Microsoft Corporation. The ministry said the Centre of Artificial Intelligence for Future Industry (CAIFI)…


Malaysia, Indonesia join forces to protest EU directive

KUALA LUMPUR, April 6 — Malaysia and Indonesia will join forces to object to the Delegated Regulation Supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II. In a statement today, the Ministry of Primary…


Ringgit to trade range-bound next week

KUALA LUMPUR, April 6 — The ringgit is expected to trade range-bound next week, staying at the current level against the US dollar weighed down by external factors, sas an analyst. FXTM research analyst Lukman Otunuga said the United States’…


Higher commodity prices, trade talk optimism to lift FBM KLCI next week

KUALA LUMPUR, April 6 — Bursa Malaysia is expected to trade higher next week, hitting the 1,650 level, mainly driven by higher commodities prices and optimism about the ongoing US-China trade talks, which are likely to end in the next few weeks….


World Bank board elects US Treasury’s Malpass as next president

WASHINGTON, April 6 — David Malpass, US President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the institution’s executive board yesterday, continuing the 73-year tradition of an American running the world’s…


China-backed trade pact to be finalised this year, SE Asian official says

CHIANG RAI, April 6 — Southeast Asian countries engaged in talks on a major China-backed trade pact expect to finalise it this year, the finance minister of Thailand, which is the current chair of the 10-nation Asean grouping, said yesterday….


As latest round of US-China talks end, ‘significant work’ remains

WASHINGTON, April 6 — US and Chinese negotiators wrapped up their latest round of trade talks yesterday and were scheduled to resume discussions next week to try to secure a pact that would end a tit-for-tat tariff battle that has roiled global…


Investment talks with MBS, RWS were on Singapore’s terms due to economy’s strength, trade minister says

SINGAPORE, April 6 — Negotiations with the integrated resorts to commit about S$9 billion (RM27.1 billion) of non-gaming investments took more than two years, but the Singapore government was able to iron out a deal based on its own terms, Trade…