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Global air passenger traffic up 4.6 per cent in June - IATA

KUALA LUMPUR, Aug 19 (Bernama) --  Global air passenger traffic growth, measured in revenue passenger kilometres (RPKs), rose 4.6 per cent year-on-year (y-o-y) in June 2019, continuing the stronger performance of the past two months, said the International Air Transport Association (IATA).

Sunway Construction proposes first interim dividend

KUALA LUMPUR, Aug 19 (Bernama) -- Sunway Construction Group Bhd has proposed a first interim dividend of 3.5 cents per share for the financial year ending Dec 31, 2019 -- a more than 60 per cent payout from its year-to-date profit after tax and minority interest (PATMI).

Matrade set to grow Malaysia's oil and gas footprint in Africa

KUALA LUMPUR, Aug 19 (Bernama) -- The Malaysia External Trade Development Corporation (Matrade) is accelerating its effort to grow Malaysia’s oil and gas sector’s footprint in Africa by spearheading an Export Acceleration Mission (EAM) to two main oil-producing countries in the region.

MED seeks RM5 billion under 2020 budget to boost entrepreneurship

KUALA LUMPUR, Aug 19 (Bernama) -- The Ministry of Entrepreneur Development (MED) will propose an allocation of over RM5 billion under the upcoming 2020 Budget to further boost entrepreneurship in the country.

Bursa Malaysia ends mixed

By Aishah Mohmad Afandi

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia wrapped up the day mixed after a range-bound trading day, as investors awaited further market direction amid global uncertainty. 

Audit firm, auditors fined and prohibited from auditing

KUALA LUMPUR, Aug 19 (Bernama) -- The Securities Commission Malaysia’s (SC) Audit Oversight Board (AOB) has fined and prohibited Chengco PLT and its partners from accepting public interest entities (PIEs) or schedule funds as clients and auditing their financial statements for 12 months.

FGV: Most allegations made by NGO coalition have been corrected

KUALA LUMPUR, Aug 19 (Bernama) -- FGV Holdings Bhd said today most allegations made against the company by a coalition of non-governmental organisations (NGOs) in a recent petition have been corrected, while one issue pertaining to the legalisation of foreign workers in Sabah is still ongoing.