Sat11252017

LAST_UPDATESat, 25 Nov 2017 2am

Perodua Launches All-New Myvi, With 5,000 Bookings Received

Pic: NST

PUTRAJAYA: Perusahaan Otomobil Kedua Sdn Bhd (Perodua), the largest carmaker in the country, has received 5,000 bookings for the all-new Perodua Myvi.

Read more: Perodua Launches All-New Myvi, With 5,000 Bookings Received

Mexico Bristles At U.S. Proposal That Would Benefit AT&T In NAFTA

Pic: NST

MEXICO CITY - Mexico shot down a proposal by the United States to include provisions in the North America Free Trade Agreement that would benefit AT&T Inc (T.N), Mexico’s Economy Minister Ildefonso Guajardo said on Wednesday.

Read more: Mexico Bristles At U.S. Proposal That Would Benefit AT&T In NAFTA

SMEs Need To Increase Contribution To GDP By 8 Pct - Najib

Pic: Bernama

KUALA LUMPUR -- Small and medium enterprises (SMEs) need to increase their productivity and share to the economy by at least eight per cent in order to achieve the target of 41 per cent contribution to the nation's gross domestic product (GDP) by 2020, Datuk Seri Najib Tun Razak said.

Read more: SMEs Need To Increase Contribution To GDP By 8 Pct - Najib

Sime Darby's Consolidated Net Earnings Up By 152 Pct In Q1 FY2018

KUALA LUMPUR – Sime Darby Bhd posted consolidated net earnings from both its continuing and discontinuing operations of RM1.316 billion in the first quarter ended Sept 30, 2017, up 152 per cent from the previous corresponding period.

Read more: Sime Darby's Consolidated Net Earnings Up By 152 Pct In Q1 FY2018

IKEA Tebrau Opens Today

Pic: BernamaJOHOR BAHRU: A log-sawing act gimmick, the Swedish traditional culture which symbolises a "new beginning", officially marked the opening of IKEA Tebrau, the first store in southern Malaysia and the biggest store in Southeast Asia, today.

Read more: IKEA Tebrau Opens Today

South East Asia's Largest Bank Calls Bitcoin A Financial Scam

Pic: Reuters

Bitcoin has been enjoying an upward trend with prices surging close to $8,000 per bitcoin but it is still not enough to convince banks to adopt the cryptocurrency.

Read more: South East Asia's Largest Bank Calls Bitcoin A Financial Scam

China’s Tencent Puts Big Money Into Ticketing, Snapchat

ON Wednesday, Internet giant Tencent poured in CNY1 billion (US$150.82 million) in funding on one of the country’s biggest online ticketing platforms.

Read more: China’s Tencent Puts Big Money Into Ticketing, Snapchat

Mattel Snubs Hasbro's Latest Acquisition Approach - Sources

Pic: ReutersMattel Inc has rebuffed Hasbro Inc’s latest takeover approach, people familiar with the matter said on Wednesday, casting uncertainty over the potential combination of the world’s two largest toy companies.

Read more: Mattel Snubs Hasbro's Latest Acquisition Approach - Sources

Amazon Scraps Bundled Video Service - Sources

Pic: ReutersNEW YORK/LOS ANGELES: Amazon.com Inc has scrapped plans to launch an online streaming service bundling popular U.S. broadcast and cable networks because it believes it cannot make enough money on such a service, people familiar with the matter told Reuters.

Read more: Amazon Scraps Bundled Video Service - Sources

Oil Prices Settle Lower After U.S. Crude Stocks Rise

NEW YORK: Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows.

Read more: Oil Prices Settle Lower After U.S. Crude Stocks Rise