Business

KUALA LUMPUR, Feb 26 (NNN-BERNAMA) — Public Bank Bhd’s net profit saw a slight ease to RM5.51 billion for the financial year ended Dec 31, 2019 (FY19) from RM5.59 billion recorded in the previous year.

Revenue, however, rose to RM22.45 billion from RM22.04 billion previously.

In a filing with Bursa Malaysia, founder and chairman emeritus Tan Sri Dr Teh Hong Piow said 2019 was a year with strong headwinds and increased challenges as economic growth across developed and emerging countries had further moderated.

WASHINGTON, Feb 26 (NNN-XINHUA) – American voters are highly concerned about the rise in national debt, as the 2020 presidential campaign gets underway, according to a survey released by the Peter G. Peterson Foundation.

About 72 percent of Americans say, their concern about national debt increased over the past few years, and 84 percent want the president and Congress to spend more time addressing the issue, the survey showed.

VIENTIANE, Feb 26 (NNN-KPL) – Laos earned more from the sale of rice to China in the past few years due to trade preference arrangements between the two countries.

In 2017, the value of rice sold to China was 5.6 million U.S. dollars. This figure increased to 7.25 million U.S. dollars in 2018, and to 14.54 million U.S. dollars in 2019, according to the Lao Ministry of Industry and Commerce.

HANOI, Feb 26 (NNN-VNA) – More than 100,000 poultry have been culled in 10 provinces and cities of Vietnam, where A/H5N6 and A/H5N1 bird flu broke out, the country’s Ministry of Agriculture and Rural Development reported today (Wednesday).

Washington, Feb 25 (PTI) Democratic presidential front-runner Senator Bernie Sanders on Monday slammed President Donald Trump for selling weapons to India, saying that the US should instead partner with New Delhi to fight climate change to save the planet.

Sanders, who has won the Nevada and New Hampshire primaries and tied in Iowa, made the comments after Trump, who is on a two-day visit to India, on Monday announced that the US will sign defence trade deals worth USD 3 billion with India.

New Delhi, Feb 25 (PTI) US President Donald Trump on Tuesday said the coronavirus epidemic will soon be brought under control as China has been working very hard.

Addressing Indian CEOs here, Trump said the US plans to spend about USD 2.5 billion in fighting the deadly coronavirus.

New Delhi, Feb 24 (PTI) US President Donald Trump on Tuesday promised to reduce more regulations in his country as he looked for overseas investment to boost American economy.

Speaking at a meeting with CEOs, he said a trade deal with India is in the works, but did not share any details.

Kolkata, Feb 25 (PTI) The deadly coronavirus outbreak is forcing Chinese manufacturer CRRC Dalian to look at other avenues to get its rake for the Kolkata Metro Railway tested, an official said here on Tuesday.

A team of Chinese engineers was supposed to come to the city for conducting Radio Frequency Interference (RFI) tests of the first rake that arrived in March last year but it has now become uncertain, the official said.

NEW DELHI, Feb 25 (NNN-BERNAMA) — United States President Donald Trump on Monday offered to sell advanced military equipment to India as he began his two-day trip to the country. Trump arrived in Ahmedabad in the western state of Gujarat to a grand welcome, being received by Prime Minister Narendra Modi with a hug.

KUALA LUMPUR, Feb 24 (NNN-BERNAMA) — Japan will provide full support for Malaysia’s Chairmanship of the Asia-Pacific Economic Cooperation (APEC) 2020 as it leads the APEC process of aiming at a new vision for the 21-member economies beyond 2020, said Japanese Ambassador to Malaysia Hiroshi Oka.