25 September 2020, Friday | 11:12am

Business

Malaysian entrepreneurs make the Forbes 30 Under 30 Asia 2019

KUALA LUMPUR: Several Malaysian entrepreneurs are among the 300 from 23 Asia-Pacific countries listed in the Forbes 30 Under 30 Asia this year.

KL shares slightly higher at mid-day, tracking regional market

Market breadth was positive with gainers outpacing decliners 406 to 287, while 373 counters were unchanged, 790 untraded and 29 others suspended. — Bernama pic

Analysts turn cautious on banking

PETALING JAYA: In line with the central bank’s view of heightened downside risks in 2019 emanating from external uncertainties, analysts have turned cautious on the banking sector’s core net earnings growth in 2019.

Berjaya Corp posts sixfold jump in pre-tax profit for Q3

PETALING JAYA: Berjaya Corp Bhd’s (BCorp) pre-tax profit for the third quarter ended Jan 31 surged more than sixfold to RM39.05 million from RM6.35 million a year ago underpinned by improved performances from the marketing of consumer products and services segment.

Automation to cut 20% of Top Glove's factory workforce in FY19

SHAH ALAM (March 28): The world's largest rubber glove manufacturer Top Glove Corp Bhd is expecting about 15-20% reduction in factory workers for the financial year ending Aug 31, 2019 (FY19), on the back of greater automation and digitalisation

Nestle turns to moms after 150 years of selling infant formula

ZURICH: After spending more than a century selling baby formula, Nestle SA realized it’s neglected another potential customer: mom.

EPF outsources RM117.56bil to external fund managers

KUALA LUMPUR: The Employees Provident Fund (EPF) has outsourced a total of RM117.56bil to external fund managers as at Dec 31, 2018, an increase of 2.62%, as compared with RM114.56bil at the end of 2017.

Telcos told to be prepared for 5G: MCMC

KUALA LUMPUR: Telecommunications providers have been urged to be prepared for the upcoming 5G requirements.

AirAsia wants Nepal's airport to waive late fees worth Rs 130 million

KUALA LUMPUR (March 26): AirAsia Group Bhd has asked Tribhuvan International Airport (TIA) in Kathmandu, Nepal to waive around Rs 130 million in outstanding fees, according to a report by Th

Bank Negara posts higher net profit of RM7.56b in 2018

KUALA LUMPUR: Bank Negara Malaysia posted a higher net profit of RM7.56 billion in the year ended December 31 2018 from RM7.51 billion previously.