HLIB trims Q3 GDP growth target to 4.5%

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PETALING JAYA: A combination of an only marginally stronger industrial production index (IPI) and weaker growth in the services index has led Hong Leong Investment Bank (HLIB) to lower its third quarter 2015 (3Q15) gross domestic product (GDP) target to … Continued

Analysts expect CPO output, demand to slow down

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PETALING JAYA: Analysts expect production and demand in the plantation sector to slow down, following record high inventories of crude palm oil (CPO) stocks in October. HLIB Research said CPO production increased by 4% month-on-month in October, against market expectation … Continued

Ho Wah Genting to repay US dollar debts

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KUALA LUMPUR: Loss-making group Ho Wah Genting Bhd intends to repay its high interest debts denominated largely in US dollars as soon as possible, to reduce the debt burden that had affected the group’s bottomline. As at Dec 31, 2014, … Continued

Australian PM in Jakarta to repair strained relations

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JAKARTA: Australian Prime Minis­ter Malcolm Turnbull made his first visit to Indonesia since taking power, seeking to repair a key relationship strained by repeated crises under his conservative predecessor. Source: The Star Regional Feed …Read More

Thailand returns orang utan

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BANGKOK: A group of smuggled orang utan were returned from Thailand to Indonesia, following years of diplomatic wrangling over who would care for them after the majority were found abandoned on a roadside. Source: The Star Regional Feed …Read More

Immigration centre riot causes RM31mil in damage

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SYDNEY: A two-day riot at an Australian immigration centre, in which detainees set fires and repor­tedly armed themselves with makeshift weapons including a chainsaw, caused A$10mil (RM31.1mil) in da­­mage, the government said. Source: The Star Regional Feed …Read More

Jakarta taxi app bans smelly drivers

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JAKARTA: Life is about to get easier for Indonesians who use motorbike taxis here – a new ride-hailing app pledges to ban smelly drivers. Source: The Star Regional Feed …Read More

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