Fri10202017

LAST_UPDATEFri, 27 Oct 2017 9am

RM65.4 Bln Investments Approved In Services, Manufacturing, Primary Sectors In 1H17

KUALA LUMPUR -- Malaysia has approved RM65.4 billion worth of investments in the services, manufacturing and primary sectors in the first half of 2017 (1H17), a 28.2 per cent decrease compared with the RM91.2 billion in the same period last year. 

Read more: RM65.4 Bln Investments Approved In Services, Manufacturing, Primary Sectors In 1H17

Matrix Acquires Land In Port Dickson For RM27.06 Mln

KUALA LUMPUR -- Matrix Concepts Holdings Bhd’s wholly-owned subsidiary, BSS Development Sdn Bhd (BSS), has further acquired land in Port Dickson, Negeri Sembilan.

Read more: Matrix Acquires Land In Port Dickson For RM27.06 Mln

China's Chang'an Auto To Stop Sales Of Fossil Fuel Cars By 2025

CHONGQING (Southwest China) -- Chinese automaker Chang'an Auto announced Thursday it would stop selling traditional fossil fuel cars by 2025 and fully be engaged in new energy cars, China's Xinhua news agency reported.

Read more: China's Chang'an Auto To Stop Sales Of Fossil Fuel Cars By 2025

Honda Malaysia Appoints Ishiyama New MD, CEO

Katsuto Hayashi.

KUALA LUMPUR – Honda Malaysia Sdn Bhd has appointed Toichi Ishiyama as its new Managing Director (MD) and Chief Executive Officer (CEO), taking over from Katsuto Hayashi, effective Nov 1, 2017.

Read more: Honda Malaysia Appoints Ishiyama New MD, CEO

Airbus A330neo Plane Successfully Takes Off On Maiden Flight

TOULOUSE, France: Airbus began the maiden flight of its A330neo jetliner, a plane which is an upgraded version of its profitable A330 family and is designed to sharpen competition with the Boeing 787 Dreamliner.

Read more: Airbus A330neo Plane Successfully Takes Off On Maiden Flight

Could The 1987 Stock Market Crash Happen Again?

NEW YORK: On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.

Read more: Could The 1987 Stock Market Crash Happen Again?

Airasia To Relocate To Fully-Automated Terminal 4 At Singapore Changi Airport

Pic: NST

KUALA LUMPUR: AirAsia Group will relocate operations at Singapore Changi Airport from Terminal 1 to fully-automated Terminal 4 effective November 7.

Read more: Airasia To Relocate To Fully-Automated Terminal 4 At Singapore Changi Airport

Toshiba Investigated By Japan's Securities Watchdog

Pic: ReutersTOKYO: Japan’s securities watchdog is investigating Toshiba Corp’s accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, a source familiar with the matter told Reuters.

Read more: Toshiba Investigated By Japan's Securities Watchdog

YTL Corp & YTL Power Announce Boardroom Changes

KUALA LUMPUR: YTL Corporation Bhd and YTL Power International Bhd today announced boardroom changes after the demise of Tan Sri Dr Yeoh Tiong Lay.

Read more: YTL Corp & YTL Power Announce Boardroom Changes

Backroom Battle Imperils $230 Million Cryptocurrency Venture

Pic: ReutersZUG, SWITZERLAND/NEW YORK: Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful “initial coin offering,” in which new digital currency is parceled out to buyers. At the time, it was the most money ever raised from the public in the white-hot cryptocurrency sector.

Read more: Backroom Battle Imperils $230 Million Cryptocurrency Venture