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Malaysia says palm oil industry faces $2.4 bln annual loss due to labour crunch

Malaysia says palm oil industry faces $2.4 bln annual loss due to labour crunch

The police found 62 cases of forced labour last year, mostly in the service and manufacturing sector, and less than 10 so far this year.
Thu Jul 01 2021
SoftBank CEO says equity value back at pre-virus levels

SoftBank CEO says equity value back at pre-virus levels

The group was hit with a record annual loss in the year ended March as his tech investments faltered
Thu Jun 25 2020
In remembrance of 2015 Sabah Earthquake: Learning from the past for better future

In remembrance of 2015 Sabah Earthquake: Learning from the past for better future

Earthquake resulted in one fifth of the annual losses due to disasters, and Malaysia is not an exception.
Wed Jun 05 2019
Singapore's Temasek hit by first portfolio drop in 7 years

Singapore's Temasek hit by first portfolio drop in 7 years

Singapore state investment giant Temasek Holdings said Thursday its global portfolio suffered its first annual loss since the financial crisis seven years ago.
Thu Jul 07 2016
Toshiba posts loss in wake of profit-padding scandal

Toshiba posts loss in wake of profit-padding scandal

Toshiba said Monday it would book a $318 million annual loss to account for a billion dollar profit-padding scandal that hammered the reputation of one of Japan's best-known firms.
Mon Sep 07 2015
Qantas slumps to record loss of Aus$2.84 billion

Qantas slumps to record loss of Aus$2.84 billion

Struggling Australian flag carrier Qantas on Thursday posted a huge annual net loss of Aus$2.84 billion (US$2.65 billion).
Thu Aug 28 2014
MAS faces passenger cancellations after disasters

MAS faces passenger cancellations after disasters

Malaysian Airline System Bhd. influx of passenger cancellations adds to the strains of a company thats bracing for a fourth consecutive annual loss.
Tue Jul 29 2014
Opposition questions Selangor Foundation's annual loss of RM4.8m

Opposition questions Selangor Foundation's annual loss of RM4.8m

The loss of income is allegedly due to non-rental of a commercial building owned by the foundation in Bukit Bintang, KL.
Mon Nov 25 2013
China state media warn Trump against mutually destructive tariff war

China state media warn Trump against mutually destructive tariff war

Donald Trump is threatening Beijing with far higher tariffs than the 7.5%-25% levied on Chinese goods during his first term.
Wed Nov 27 2024
Malaysia to address South China Sea issues As ASEAN Chair next year

Malaysia to address South China Sea issues As ASEAN Chair next year

Malaysia is committed to resolving disputes in the South China Sea constructively through diplomatic channels and appropriate forums.
Wed Nov 27 2024
Malaysia, Russia to strengthen ties, focusing on digitalisation, energy, trade opportunities via ASEAN, BRICS

Malaysia, Russia to strengthen ties, focusing on digitalisation, energy, trade opportunities via ASEAN, BRICS

Alexander Stuglev says Russia could offer Malaysia cutting-edge solutions in cybersecurity, software development and telecommunications.
Wed Nov 27 2024
Israel-Hezbollah ceasefire takes effect, civilians head back to south Lebanon

Israel-Hezbollah ceasefire takes effect, civilians head back to south Lebanon

Streams of cars began heading to southern Lebanon, which borders Israel, after the ceasefire.
Wed Nov 27 2024
IPIC case: Najib, Mohd Irwan granted DNAA for six CBT charges involving RM6.6 billion

IPIC case: Najib, Mohd Irwan granted DNAA for six CBT charges involving RM6.6 billion

The judge made the decision after allowing the DNAA application submitted by the lawyers representing Najib and Mohd Irwan, respectively.
Wed Nov 27 2024
Trump team signs transition agreement with Biden White House after delays

Trump team signs transition agreement with Biden White House after delays

The move will allow Trump's team to coordinate directly with federal agencies and access documents.
Wed Nov 27 2024
Pakistani forces launch midnight raid on ex-PM Imran Khan's supporters, local media reports

Pakistani forces launch midnight raid on ex-PM Imran Khan's supporters, local media reports

At least six people, including four paramilitary soldiers, were killed before the Tuesday night raid was launched.
Wed Nov 27 2024
Australia moves closer to ban social media for children

Australia moves closer to ban social media for children

Australian parliament's lower house passes the bill, even as Google and Meta press the government to delay the legislation
Wed Nov 27 2024
Prospect of Lebanon ceasefire leaves Gazans feeling abandoned

Prospect of Lebanon ceasefire leaves Gazans feeling abandoned

Months of US-backed Arab mediation have yet to secure a ceasefire between Israel and Hamas to end the war in Gaza.
Wed Nov 27 2024
Four bodies recovered from capsized tourist boat off Egypt's Red Sea coast

Four bodies recovered from capsized tourist boat off Egypt's Red Sea coast

The boat, the Sea Story, capsized on Monday near the Sataya Reef while carrying 31 tourists and 13 crew on a multi-day diving trip.
Wed Nov 27 2024