Business Malaysian Digest was started by a group of writers and editors who believed that Malaysia should be given more choice in what they read. http://www.malaysiandigest.com/business.feed 2018-04-25T20:22:10+08:00 Joomla! - Open Source Content Management Petronas, TM To Collaborate In Multiple Areas 2018-04-25T07:52:53+08:00 2018-04-25T07:52:53+08:00 http://www.malaysiandigest.com/business/734963-petronas-tm-to-collaborate-in-multiple-areas.html Azzam azzamsyafiq@malaysiandigest.com <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/tmpetr.JPG" alt="" width="600" height="383" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> --&nbsp;Petroliam&nbsp;Nasional Bhd (Petronas) and Telekom Malaysia Bhd (TM) have formed a strategic partnership that will see the two government-linked companies collaborating in multiple areas.</p> </div> <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/tmpetr.JPG" alt="" width="600" height="383" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> --&nbsp;Petroliam&nbsp;Nasional Bhd (Petronas) and Telekom Malaysia Bhd (TM) have formed a strategic partnership that will see the two government-linked companies collaborating in multiple areas.</p> </div> Whitbread To Spin Off Costa Coffee 2018-04-25T07:52:48+08:00 2018-04-25T07:52:48+08:00 http://www.malaysiandigest.com/business/734962-whitbread-to-spin-off-costa-coffee.html Syareen syareenim@malaysiandigest.com <div class="feed-description"><p style="text-align: justify;"><strong><img src="images/stories/new3/syareen/20/costa_Reuters.JPG" alt="Pic: Reuters" width="260" height="170" style="margin-right: 20px; margin-bottom: 20px; float: left;" />LONDON</strong>: Whitbread will spin off Costa Coffee after activist investors pushed for Britain’s biggest coffee chain to be listed as a separate business.</p> </div> <div class="feed-description"><p style="text-align: justify;"><strong><img src="images/stories/new3/syareen/20/costa_Reuters.JPG" alt="Pic: Reuters" width="260" height="170" style="margin-right: 20px; margin-bottom: 20px; float: left;" />LONDON</strong>: Whitbread will spin off Costa Coffee after activist investors pushed for Britain’s biggest coffee chain to be listed as a separate business.</p> </div> More Initiatives, Innovations To Promote Participation In Islamic Finance 2018-04-25T07:44:28+08:00 2018-04-25T07:44:28+08:00 http://www.malaysiandigest.com/business/734958-more-initiatives-innovations-to-promote-participation-in-islamic-finance.html Azzam azzamsyafiq@malaysiandigest.com <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/bank.jpg" alt="" width="600" height="400" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> --&nbsp;The Islamic finance industry is creating many initiatives and innovations to promote the take-up rate of its products.</p> </div> <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/bank.jpg" alt="" width="600" height="400" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> --&nbsp;The Islamic finance industry is creating many initiatives and innovations to promote the take-up rate of its products.</p> </div> Geely Teams Up With Aisin AW To Make Automatic Gearboxes 2018-04-25T07:35:06+08:00 2018-04-25T07:35:06+08:00 http://www.malaysiandigest.com/business/734953-geely-teams-up-with-aisin-aw-to-make-automatic-gearboxes.html Azzam azzamsyafiq@malaysiandigest.com <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/geely.png" alt="" width="600" height="401" /></p> <p style="text-align: justify;"><strong>BEIJING</strong> -- Geely Auto Holding Group Ltd's subsidiary, Geely Luo You Engine Company Ltd, today announced a joint-venture (JV) with Japan-based Aisin AW Company Ltd&nbsp;for the production of six-speed gearboxes, with the initial plan to produce 400,000 units per year.</p> </div> <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/25-4/geely.png" alt="" width="600" height="401" /></p> <p style="text-align: justify;"><strong>BEIJING</strong> -- Geely Auto Holding Group Ltd's subsidiary, Geely Luo You Engine Company Ltd, today announced a joint-venture (JV) with Japan-based Aisin AW Company Ltd&nbsp;for the production of six-speed gearboxes, with the initial plan to produce 400,000 units per year.</p> </div> Apple Shares Drop On More Warnings From iPhone Supply Chain 2018-04-25T04:06:21+08:00 2018-04-25T04:06:21+08:00 http://www.malaysiandigest.com/business/734918-apple-shares-drop-on-more-warnings-from-iphone-supply-chain.html AM afdeza@malaysiandigest.com <div class="feed-description"><p><img src="images/stories/new3/afdeza/afdeza09/apple_phone.jpg" alt="" width="600" height="400" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>SAN FRANCISCO</strong> - Shares of Apple Inc dropped nearly 2 percent on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones.</p> </div> <div class="feed-description"><p><img src="images/stories/new3/afdeza/afdeza09/apple_phone.jpg" alt="" width="600" height="400" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>SAN FRANCISCO</strong> - Shares of Apple Inc dropped nearly 2 percent on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones.</p> </div> Coke Warns Of Pain From UK Sugar Tax, U.S. Freight Costs 2018-04-25T01:38:38+08:00 2018-04-25T01:38:38+08:00 http://www.malaysiandigest.com/business/734882-coke-warns-of-pain-from-uk-sugar-tax-u-s-freight-costs.html AM afdeza@malaysiandigest.com <div class="feed-description"><p><img src="images/stories/new3/afdeza/afdeza09/coke_1.jpg" alt="" width="600" height="423" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;">Coca-Cola Co (KO.N) said on Tuesday it would take a hit in the second quarter from the introduction of a British sugar tax on soft drinks and rising freight costs in the United States, overshadowing modestly better than forecast results for the first three months of 2018.</p> </div> <div class="feed-description"><p><img src="images/stories/new3/afdeza/afdeza09/coke_1.jpg" alt="" width="600" height="423" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;">Coca-Cola Co (KO.N) said on Tuesday it would take a hit in the second quarter from the introduction of a British sugar tax on soft drinks and rising freight costs in the United States, overshadowing modestly better than forecast results for the first three months of 2018.</p> </div> Takeda Shares Slide 5 Percent After Revised Proposal For Shire 2018-04-25T00:51:16+08:00 2018-04-25T00:51:16+08:00 http://www.malaysiandigest.com/business/734860-takeda-shares-slide-5-percent-after-revised-proposal-for-shire.html H&M hasimi@malaysiandigest.com <div class="feed-description"><p><img src="images/stories/new3/Hasimi3/5Mac/April/takeda.jpg" alt="" width="600" height="379" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>TOKYO:</strong> Takeda Pharmaceutical Co shares fell more than 5 percent in early trade on Wednesday following news it had sweetened its acquisition offer for London-listed drugmaker Shire Plc to 46 billion pounds ($64 billion).</p> </div> <div class="feed-description"><p><img src="images/stories/new3/Hasimi3/5Mac/April/takeda.jpg" alt="" width="600" height="379" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>TOKYO:</strong> Takeda Pharmaceutical Co shares fell more than 5 percent in early trade on Wednesday following news it had sweetened its acquisition offer for London-listed drugmaker Shire Plc to 46 billion pounds ($64 billion).</p> </div> Shire, Takeda Reach Breakthrough In $64 Billion Deal Talks 2018-04-25T00:48:53+08:00 2018-04-25T00:48:53+08:00 http://www.malaysiandigest.com/business/734858-shire-takeda-reach-breakthrough-in-64-billion-deal-talks.html H&M hasimi@malaysiandigest.com <div class="feed-description"><p><img src="images/stories/new3/Hasimi3/5Mac/April/shire.jpg" alt="" width="600" height="409" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>LONDON/NEW YORK:</strong> London-listed drugmaker Shire Plc said on Tuesday it was willing to recommend to its shareholders a deal with Takeda Pharmaceutical Co, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).</p> </div> <div class="feed-description"><p><img src="images/stories/new3/Hasimi3/5Mac/April/shire.jpg" alt="" width="600" height="409" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p style="text-align: justify;"><strong>LONDON/NEW YORK:</strong> London-listed drugmaker Shire Plc said on Tuesday it was willing to recommend to its shareholders a deal with Takeda Pharmaceutical Co, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).</p> </div> FashionValet To List On Bursa Malaysia 2018-04-24T07:14:30+08:00 2018-04-24T07:14:30+08:00 http://www.malaysiandigest.com/business/734757-fashionvalet-to-list-on-bursa-malaysia.html Syareen syareenim@malaysiandigest.com <div class="feed-description"><p style="text-align: justify;"><strong><img src="images/stories/new3/syareen/20/fashion_valet.jpg" alt="" width="260" height="165" style="margin-right: 20px; margin-bottom: 20px; float: left;" />KUALA LUMPUR</strong>: FashionValet (FV), one of Southeast Asia’s leading fashion e-commerce platform, will be taking its company to the next level by listing on Bursa Malaysia.</p> </div> <div class="feed-description"><p style="text-align: justify;"><strong><img src="images/stories/new3/syareen/20/fashion_valet.jpg" alt="" width="260" height="165" style="margin-right: 20px; margin-bottom: 20px; float: left;" />KUALA LUMPUR</strong>: FashionValet (FV), one of Southeast Asia’s leading fashion e-commerce platform, will be taking its company to the next level by listing on Bursa Malaysia.</p> </div> BAE Systems Ready To Assist Malaysian Govt In Acquiring Defence Products 2018-04-24T06:12:55+08:00 2018-04-24T06:12:55+08:00 http://www.malaysiandigest.com/business/734735-bae-systems-ready-to-assist-malaysian-govt-in-acquiring-defence-products.html Azzam azzamsyafiq@malaysiandigest.com <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/24-4/bae.jpg" alt="" width="600" height="338" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> -- British defence solutions provider giant, BAE Systems Plc is ready to provide financial&nbsp;assistance to the Malaysian government in acquiring defence products.</p> </div> <div class="feed-description"><p style="text-align: center;"><img src="images/stories/new3/azzam/April_2018/24-4/bae.jpg" alt="" width="600" height="338" /></p> <p style="text-align: justify;"><strong>KUALA LUMPUR</strong> -- British defence solutions provider giant, BAE Systems Plc is ready to provide financial&nbsp;assistance to the Malaysian government in acquiring defence products.</p> </div>