Wed10182017

LAST_UPDATEWed, 18 Oct 2017 3pm

ECERDC To Work Closely With, Kelantan Govt To Launch High-Impact Projects

Filepic: Sinar HarianKUALA LUMPUR: The East Coast Economic Region Development Council (ECERDC) will continue to work closely with the Kelantan government to implement various high-impact projects and human capital development programmes for the state.

Read more: ECERDC To Work Closely With, Kelantan Govt To Launch High-Impact Projects

Emirates To Quit Some New Zealand Flights As Part Of New Qantas Pact

Pic: ReutersSINGAPORE: Emirates plans to end most of its flights between Australia and New Zealand as part of a renegotiated joint venture with Qantas Airways Ltd that will also see the Australian carrier quit flying to Dubai, the airlines said on Wednesday.

Read more: Emirates To Quit Some New Zealand Flights As Part Of New Qantas Pact

BMW Looking At Venture With China's Great Wall, May Build Factory: Source

Pic: ReutersSHANGHAI/BEIJING: German luxury automaker BMW is looking at forming a venture with Great Wall Motor, a source familiar with the matter said - plans which sent the Chinese automaker’s shares surging by nearly a fifth on Wednesday.

Read more: BMW Looking At Venture With China's Great Wall, May Build Factory: Source

MPOB To Meet Members Of European Parliament On Palm Oil Issues

KUALA LUMPUR — A Malaysian Palm Oil Board (MPOB) delegatin is set to meet members of the European Parliament in Brussels next week to address issues pertinent to palm oil.

Read more: MPOB To Meet Members Of European Parliament On Palm Oil Issues

Malaysia-Taiwan Trade To Surpass US$17 Bln This Year

KUALA LUMPUR -- Malaysia-Taiwan bilateral trade can exceed US$17 billion (US$1 = RM4.21) this year, said Representative James Chang Chi-ping from the Taipei Economic and Cultural Office in Malaysia.

Read more: Malaysia-Taiwan Trade To Surpass US$17 Bln This Year

Investors Are Bitter About Starbucks, Which Means The Stock Is Getting Cheap

Starbucks’ recent stock performance has been grounds for disappointment. Shares of the coffee chain haven’t done much since the start of 2016.

Read more: Investors Are Bitter About Starbucks, Which Means The Stock Is Getting Cheap

MAHB Records 4.7 Pct Passenger Growth In Sept 2017

Pic: Bernama

KUALA LUMPUR, Oct 10: Malaysia Airports Holdings Bhd’s (MAHB) network of airports, including Istanbul Sabiha Gokcen International Airport (Istanbul SGIA), grew 4.7 per cent in September 2017 with 10.8 million passenger movements compared with the same month in 2016.

Read more: MAHB Records 4.7 Pct Passenger Growth In Sept 2017

Malaysia To Benefit From Global Economic Recovery

Pic: TBPKUALA LUMPUR: Malaysia is well-positioned to benefit from the recovery in the global economic cycle, while the domestic market is backed by adequate monetary policy as well as a credible central bank to navigate changes faced by the market, said Wellington Management Singapore Pte Ltd vice president and investment director, Andrew Sharp-Paul.

Read more: Malaysia To Benefit From Global Economic Recovery

Oil Prices Stable On Signs Of Tighter Market, But 2018 Looks More Uncertain

Pic: Reuters

SINGAPORE: Oil prices were stable on Wednesday, with U.S. crude holding above $50 per barrel after rising 2 percent the previous day on signs that markets are gradually tightening after years of oversupply.

Read more: Oil Prices Stable On Signs Of Tighter Market, But 2018 Looks More Uncertain

Asian Shares Gain As Wall Street Hits Record, Catalan Fears Ease

Pic: File

SYDNEY: Asian shares rose on Wednesday, tracking Wall Street’s rally to all-time highs, while the euro hovered near a 10-day peak after Catalonia’s leader talked down immediate plans to secede from Spain, easing near-term concerns about euro zone instability.

Read more: Asian Shares Gain As Wall Street Hits Record, Catalan Fears Ease