24 January 2020, Friday | 10:54am

Business

Indonesia inflation rate accelerates in April

JAKARTA: Indonesia's annual consumer inflation in April picked up more than expected, but remained within the central bank's target range, data from the statistics bureau showed on Thursday.

Icon Offshore bags RM12.7m vessel contract from Carigali Hess

PETALING JAYA: Icon Offshore Bhd has secured a RM12.7 million contract from Carigali Hess Operating Company Sdn Bhd.

Vodafone identified Huawei security flaw decade ago

LONDON: British telecoms group Vodafone tackled a security flaw with Huawei technology a decade ago, it was revealed Tuesday amid widespread concerns over the Chinese giant developing 5G networks abroad.

High fuel costs drive Lufthansa deeper into red in Q1

FRANKFURT: German airline group Lufthansa plunged deeper into the red in the first quarter, it said Tuesday, blaming the rising price of fuel and intense competition in Europe but sticking to annual targets.

Merchantrade, BonusLink tie up for second time

KUALA LUMPUR: Currency exchange company Merchantrade Asia Sdn Bhd (Merchantrade) has partnered with BonusLink to offer customers over 200,000 BonusLink points when they exchange currency with Merchantrade.

MED ready to assist bird's nest entrepreneurs

KUALA LUMPUR, April 29 (Bernama) — The Entrepreneur Development Ministry (MED) is ready to assist bird’s nest entrepreneurs in penetrating the international market, said its Minister, Datuk Seri Redzuan Yusof.

Malaysia eyes potential investments worth RM10 bln from Expo 2020 Dubai

PUTRAJAYA, April 29 (Bernama) -- Malaysia aims to achieve RM10 billion worth of potential investments and businesses from Expo 2020 Dubai, said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.

Public Bank records higher Q1 net profit of RM1.41 bln

KUALA LUMPUR, April 29 (Bernama) -- Public Bank Bhd recorded a slightly higher net profit for the first quarter (Q1) ended March 31, 2019 of RM1.410 billion from RM1.405 billion recorded in the same quarter last year.

1Q data shows Singaporeans bought more homes than foreigners

SINGAPORE: Singaporeans’ deep-seated desire for home ownership has seen them snap up the biggest share of residential properties versus foreigners in a decade.

FGV, PLS Plantation mull JV to develop durian crops

KUALA LUMPUR: FGV Holdings Bhd (FGV) and PLS Plantation Bhd (PLS) are exploring a joint venture (JV) for the development of cash crop plantations, primarily durian, following the signing of a heads of agreement (HoA).