Penang electrical and electronics sector remains competitive despite global uncertainties, says InvestPenang

GEORGE TOWN, April 23 — Penang has managed to keep its competitive edge in the electrical and electronics (E&E), and services sectors despite uncertainties in the first half of 2019, said Invest Penang executive director Datuk Seri Lee Kah…

MNCC organising conference to explain Industry 4.0, facilitate and fund SME adoption

KUALA LUMPUR, April 17 — Many small and medium enterprises (SMEs) in the manufacturing sector outside the Klang Valley are facing difficulties in adapting to the Industry 4.0 (I4.0) as they remain heavily reliant on physical labour. With most…

Bursa remains mixed at mid-afternoon

KUALA LUMPUR, April 15 — Bursa Malaysia remained mixed at mid-afternoon today, despite positive momentum on regional bourses, as losses were capped by gains in selected consumer and plantation counters. At 3.01pm, the key FTSE Bursa Malaysia KLCI…

Pompeo calls on oil industry to support US foreign policy agenda

HOUSTON, March 13 — US Secretary of State Mike Pompeo urged the oil industry yesterday to work with the Trump administration to promote US foreign policy interests, especially in Asia and in Europe, and to punish what he called “bad actors” on…

Buffett appears to fault Trump, laments deals dearth in Berkshire letter

Warren Buffett appeared to fault US President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy. Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders. […]

US banks BB&T and SunTrust announce US$66b merger

WASHINGTON, Feb 7 — BB&T and SunTrust announced today they are to merge in a US$66 billion deal that will create the sixth largest bank in the United States. The companies said in a statement that both boards had approved the all-stock tie-up,…

Netherlands inspectorate trains vets to speak Dutch for Brexit

AMSTERDAM, Feb 1 — Dozens of veterinarians from across the European Union are taking crash courses in Dutch to ensure theNetherlands has enough inspectors for a ‘no-deal’ Brexit, the food watchdog said today….

Europe’s Arianespace takes on SpaceX by cutting Ariane 5 rocket launch price

SINGAPORE, Jan 23 — Europe’s Arianespace is discounting the price of satellite launches with its Ariane 5 rockets as it competes against US rival SpaceX for customers before the release of the cheaper Ariane 6 rocket next year, a senior…

Wall Street wary of progressive Democrats on the House finance committee

WASHINGTON: Wall Street is bunkering down for a wave of intense scrutiny as a group of progressive Democrats, including social media star Alexandria Ocasio-Cortez, have joined a powerful House of Representatives committee overseeing banking activities. “It’s a huge victory,” said Ocasio-Cortez, at 29 the youngest member of Congress and a self-described socialist – a word […]

5G: How ready are we?

In the global mobile industry, the term ‘5G’ or fifth generation mobile technology is on everyone’s lips as industry players set out to commercially deploy the network, hopefully within the next few years. Whilst 5G is tauted as the next level that will being about a ‘technological revolution’ as some analysts put it, in emerging […]