Private companies have urged the government to establish a clear policy on promoting the logistics sector if the Kingdom is to become a regional gateway for marine and inland transport, as well as a logistics hub. “If we worked on it together, there is nothing …
A dismal government jobs report released on September 2nd 2011 threatened to send the US economy and Mr Barack Obama’s presidency into negative territory. A month that began with a stormy and unresolved battle over the federal debt and deficit and ended with destructive Hurricane …
The decision of BlackBerry maker Research In Motion, to set up its production base for Asia in Malaysia is upsetting some senior Indonesian officials and prompting them to consider hitting back at the Canadian company. “Why did they choose to build in Malaysia?” said Gita …
Lion Industries Corporation Bhd may potentially exit the cyclical steel industry as this will unlock the value of its steel unit, which has been largely ignored by the market. Nonetheless, OSK Research Sdn Bhd noted that no official agreement has been reached although China’s Baosteel …
Shadow chancellor Dr Ed Balls urged the chancellor to start banging the table and demanding a global deal to kick start economic growth, after surveys from across Europe signaled that manufacturing contracted in August 2011, raising fears of a double dip recession. Visiting Vauxhall’s car …
Signals indicating global economic slowdown has been surfacing more frequently in the past weeks / months. An article sourced from AFP titled, Slowdown signs – Manufacturing slows across the globe in August, indicated that manufacturing across much of the world in August have slowed. =quote=… …
Dubai-based Al Islami Foods and CNBC Arabia TV jointly hosted Al Khaimah, a live forum to discuss the current trends, issues and future of the $651.5 billion halal food market. A leading player in the Halal food industry, Al Islami said the ‘Halal Market Forum …
PUTRAJAYA, Malaysia: Malaysian commodities such as palm oil, tin and rubber play such a central role in the global economy that their prices are likely to hold up even in a global slowdown, the Malaysian commodities minister said on Thursday. Chinese imports of palm oil …
CHINA Cosco Holdings, the country’s biggest carrier, has posted a first half loss of CNY2.76 billion (US$432 million), down 180.8 per cent, blaming oversupply, weak rates and high oil prices. “There is excessive supply in the market. In the second half of the year, it …