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Thursday, August 22, 2019

Tag: industry

Sabah to produce own cooking oil

Chief Minister Shafie Apdal says the plants to produce cooking oil will cost the government RM5 million per plant.

Mineral misery: Vietnam salt farmers battered by imports, climate

The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.

Global risks threaten to choke off Europe’s growth engine

As Europe is becoming more advanced, manufacturing industries in Europe must adapt to the changing economy.

Forget manufacturing, go for agriculture, activist tells Sabah govt

Local activist Zainnal Ajamain says Sabah should make use of its vast tracts of land and strategic position to become the food basket of the region.

Sime Darby posts 69% hike in net profit for first half...

Company's performance was pretty solid largely due to its industrial division in Australia, says chief executive Jefri Salim Davidson.

India’s plunging inflation rate opens door to monetary easing

Government data shows that annual retail price inflation last month declined to its lowest level since June 2017.

Weakening ringgit a shot in the arm for Malaysia’s healthcare tourism

Compared with the United States, patients can save up to 85% in costs.

Japan grants cryptocurrency industry self-regulatory status

The FSA approval gives the industry association rights to set rules to safeguard customer assets, prevent money laundering, and give operational guidelines. The association will also have to police compliance.

Japan’s ageing rice farmers face uncertain future

Many fear Japan's rice industry will be unable to hold its own in a competitive global market.

Bollywood king says new age dawning for Indian film

Experts say the Indian film industry is on track for record earnings in 2018, after surpassing last year's US$2.1 billion mark by the end of the first quarter.

China’s investment slowdown worsens as industry, retail hold up

There are signs one risk to the economy may be receding, with China and the US talking about resuming talks over their trade dispute.

What bad vibes from Penang highway construction?

FMM Penang questions claims by an activist that the proposed highway could affect high-value factories in the state.

Divided America of Trump era challenges ad industry

Nike's embrace of civil rights activist Kaepernick was seen as deepening the brand's appeal to millennials and non-white consumers.

Packaging maker RPC is said to explore options including sale

The UK packaging company is holding talks with advisers following interest from potential buyers including buyout firms.

Will Sepanggar transhipment hub get funds, wonders DCM

Previous federal government had vowed to fund RM1.8 billion project but current federal government has yet to release money to Sabah.

Pot stocks’ crazy volatility exposed after one short call

Cronos spokeswoman Anna Shlimak said the volatile nature of the stock price comes with being part of a “new industry and sector in hyper growth mode.”

Penang gets tough with illegal furniture factories

State exco member Phee Boon Poh says there are 97 licensed factories while 185 more in the state are being legalised.

LHDN eager to identify timber firms involved in illegal logging

Its head, Sabin Samitah, says the board is monitoring news reports closely to achieve its RM4.3 billion target for revenue collection from the state for 2018.

Think tank: New national car ok, but govt should not get...

IDEAS says there are still many ways to ensure the local automotive industry remains competitive, without setting up a new market player.

Rethink move for new national car, please

Don’t let another generation of Malaysians undergo the ordeal of overpriced cars of hopeless quality.

Black school shoes: Retailers ask for grace period

The Malaysian Retailers Association says it will take at least a year for manufacturers to plan production schedules.

German factories hit higher gear, but backdrop uncertain

Although industrial orders in Germany increased, simmering trade and political tensions may soon reverse this.

Japan’s jobless rate hits 26-year low

The unemployment rate fell to 2.2% from 2.5% in the previous three months, according to a survey by the internal affairs ministry, the lowest level since August-October of 1992.

US leaks 60% more methane than government says, according to study

US industry emits some 13 million metric tons of methane each year.