Wed04252018

LAST_UPDATEWed, 25 Apr 2018 8pm

KLIA Is First In The Region To Install FOD Detection System

Pic: NSTP

KUALA LUMPUR: Kuala Lumpur International Airport (KLIA) has been selected to test the effectiveness of radio over fibre foreign object debris (FOD) detection system at Runway 2.

Read more: KLIA Is First In The Region To Install FOD Detection System

Brexit Caused 37 Percent Fall In New London Financial Jobs In December: Report

LONDON - Britain’s forthcoming exit from the European Union was the main reason for a 37 percent decline in new jobs available in London’s financial sector last month, according to a report from recruiting firm Morgan McKinley released on Thursday.

Read more: Brexit Caused 37 Percent Fall In New London Financial Jobs In December: Report

Global Sukuk Issuance To Hover Between US$70 Billion – US$80 Billion In 2018

Pic: NST

KUALA LUMPUR: Global sukuk issuance unlikely to retain strong performance this year due to tighter global liquidity conditions, mounting geopolitical risks and slow progress on the standardisation of Islamic finance products.

Read more: Global Sukuk Issuance To Hover Between US$70 Billion – US$80 Billion In 2018

Venezuela's Congress Declares 'Petro' Cryptocurrency Illegal

Pic: ReutersCARACAS: Venezuela’s opposition-run parliament on Tuesday outlawed a “petro” cryptocurrency promoted by socialist President Nicolas Maduro, calling it an effort to illegally mortgage the cash-strapped country’s oil reserves.

Read more: Venezuela's Congress Declares 'Petro' Cryptocurrency Illegal

Oil Prices Hit Highest Since 2014, But Analysts Warn Of Overheated Market

Pic: ReutersSINGAPORE: Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating.

Read more: Oil Prices Hit Highest Since 2014, But Analysts Warn Of Overheated Market

AirAsia CEO Says India Unit Explores IPO

Pic: ReutersMalaysia-based carrier AirAsia Bhd’s India unit is looking at a potential initial public offering, the group’s chief executive, Tony Fernandes, said on Wednesday.

Read more: AirAsia CEO Says India Unit Explores IPO

iProperty To Host Home, Property Investment Expo On Jan 19

KUALA LUMPUR -- Property website, iProperty.com Malaysia, will host its fourth Home and Property Investment Fair at the Mid Valley Exhibition Centre here from Jan 19-21, 2018.

Read more: iProperty To Host Home, Property Investment Expo On Jan 19

Travelling Trends: A Sign Of Good Economy

Pic: BernamaKUALA LUMPUR: Over the years, the preferences of Malaysians travelling abroad have grown tremendously – from only aiming to visit Langkawi to now hunting the Northern Lights in Ireland.

Read more: Travelling Trends: A Sign Of Good Economy

Sultan Of Johor Invests In US$100 Mil Pharmaceutical Manufacturing Zone In Sri Lanka

Pic: Straits Times

KUALA LUMPUR: The Sultan of Johor, Sultan Ibrahim Ibni Almarhum Sultan Iskandar is investing in US$100 million first ever exclusive pharmaceutical manufacturing zone in Sri Lanka, in a partnership with entrepreneur Patrick Lim Soo Kit.

Read more: Sultan Of Johor Invests In US$100 Mil Pharmaceutical Manufacturing Zone In Sri Lanka

World Bank Sees Brexit As Potential Threat To Strong European Economic Recovery

LONDON -- The World Bank (WB) warned on Tuesday that a failure to reach a "smooth" deal for Britain to leave the European Union (EU) could pose a serious risk to Europe's economic recovery in 2018, China's Xinhua news agency reported.

Read more: World Bank Sees Brexit As Potential Threat To Strong European Economic Recovery