Sun06242018

LAST_UPDATESun, 24 Jun 2018 3pm

Oil Prices Seesaw As U.S. Trade Dispute With China Rattles Market

SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United States and China could be resolved buoyed global markets.

Read more: Oil Prices Seesaw As U.S. Trade Dispute With China Rattles Market

FGV Enhances Group Sustainability Policy

KUALA LUMPUR -- Felda Global Ventures Holdings Bhd (FGV) is enhancing its ‘No Deforestation, No Peat and No Exploitation (NDPE)’ Policy as a commitment to sustainable development, effective today.

Read more: FGV Enhances Group Sustainability Policy

Thai Economy To Grow 4.1 Pct This Year -- World Bank

BANGKOK – Thailand's economy is expected to grow by 4.1 per cent in 2018 , the fastest pace since 2012, according to World Bank's Thailand Economic Monitor report.

Read more: Thai Economy To Grow 4.1 Pct This Year -- World Bank

MAHB Allocates RM800 Mln For KLIA Aeropolis DFTZ

SEPANG — Malaysia Airports Holdings Bhd (MAHB) has allocated RM800 million of its capital expenditure to build infrastructure, facilities, system and equipment for the 32.42-hectare Kuala Lumpur International Airport (KLIA) Aeropolis Digital Free Trade Zone (DFTZ), which is slated to be fully operational in the third quarter of 2020.

Read more: MAHB Allocates RM800 Mln For KLIA Aeropolis DFTZ

Malaysia Should Leverage On Growing Halal Industry Globally

KUALA LUMPUR: The global halal industry is likely to grow between US$3 trillion and US$4 trillion in the next five years, from the current estimated US$2 trillion, backed by continued demand from both Muslim and non-Muslim majority countries.

Read more: Malaysia Should Leverage On Growing Halal Industry Globally

DFTZ Generated RM52.1 Million In Sales

SEPANG: The Digital Free Trade Zone (DFTZ) SME Onboarding has generated total sales of RM52.1 million since last November.

Read more: DFTZ Generated RM52.1 Million In Sales

Dubai Cryptocurrency Firm Denies Alibaba Trademark Infringement

DUBAI - A Dubai-based cryptocurrency company called Alibabacoin Foundation has rebuffed allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding (BABA.N) in a U.S. lawsuit last week.

Read more: Dubai Cryptocurrency Firm Denies Alibaba Trademark Infringement

BOI Index Climbs To 12.58 Ppt In Q2

KUALA LUMPUR: Business sentiment among Malaysian firms continued on an uptrend in the second quarter of 2018, with Malaysia’s Business Optimism Index (BOI) climbing overall to +12.58 percentage points from +3.07 percentage points in the same quarter of last year.

Read more: BOI Index Climbs To 12.58 Ppt In Q2

No NAFTA Deal In Principle To Be Announced At Lima Summit

MEXICO CITY - Talks to rework the North American Free Trade Agreement (NAFTA) are not advanced enough for the United States, Mexico and Canada to announce a deal “in principle” at this month’s Summit of the Americas in Lima, according to two people familiar with matter.

Read more: No NAFTA Deal In Principle To Be Announced At Lima Summit

2018 A Recovery Year For FGV

KUALA LUMPUR: This year looks set to be a time for Felda Global Ventures Holdings Bhd (FGV) to stage a firm recovery, its top executive suggested.

Read more: 2018 A Recovery Year For FGV