<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 16): Petronas Chemicals Group Bhd (PCG) said two fatalities have been reported due to the ammonia leakage incident at Petronas Chemicals Fertiliser Sabah Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>In a statement, it said the leak, reported to have happened at 9.30 a.m. this morning, affected five workers of a contractor company who were conducting maintenance work during commissioning activities at the Sabah Ammonia Urea plant.</p></div>

<div class=newsTextDataWrapInner><p>“PCG regrets to inform that two fatalities have been reported. The other three affected workers received medical treatment at the hospital. Two have been subsequently released, while one is reported stable and under observation.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The company conveys its deepest condolences to the families of the deceased and is extending all necessary assistance to their next of kin,” said the group.</p></div>

<div class=newsTextDataWrapInner><p>PCG said the incident does not pose any immediate threat to the surrounding communities or environment, adding it is working closely with all relevant authorities to ensure safety of the people in the vicinity.</p></div>

<div class=newsTextDataWrapInner><p>The group said an investigation has commenced and is currently ongoing.</p></div>


KUALA LUMPUR (Aug 16): Petronas Chemicals Group Bhd (PCG) said two fatalities have been reported due to the ammonia leakage incident at Petronas Chemicals Fertiliser Sabah Sdn Bhd.

In a statement, it said the leak, reported to have happened at 9.30 a.m. this morning, affected five worke...

Petronas Chemicals says two killed from ammonia leak at plant

The Madani Government’s initiative in implementing the Sumbangan Tunai Rahmah (STR) cash aid is seen as a very meaningful effort in helping the people face the current cost of living challenges.

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Consumer loans are rising at the highest rate in 16 years. Household borrowing exceeded incomes for the first time last year.

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Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.

The two automakers are hosting board meetings on Monday about the talks and will later hold a joint press conference that Nissan's alliance partner Mitsubishi Motors is also expected to attend, the people said.

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It will be a pretty quiet week ahead as Christmas, which falls on Wednesday, will see most global economies’ markets closed except for China, Thailand, Japan and Vietnam. For Boxing Day, markets in Hong Kong, New Zealand, Australia, as well as most of Europe and Canada, will also be closed. North Korea will commemorate Constitution Day on Dec 27.

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Oil prices inched higher on Monday, along with other risk assets, after US data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth and oil demand.

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Malaysia Airlines Bhd has grounded its brand-new Airbus A330neo for at least 48 hours following “a series of technical issues” in less than a week since its inaugural flight, Business Times reported.

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Singapore Post Ltd shares slumped by the most in more than four years after the firm fired its chief executive officer and a number of other senior executives following allegations related to its international e-commerce logistics parcels business.

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<p>President-elect Donald Trump threatened to reassert US control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.</p>


<p>Malaysia Airlines Bhd has grounded its brand-new Airbus A330neo for at least 48 hours following “a series of technical issues” in less than a week since its inaugural flight, <em>Business Times</em> reported.</p>


<p>SEREMBAN (Dec 22): Barisan Nasional (BN) chairman and Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has assured that Umno and Barisan Nasional (BN), as component parties, will be fully committed to the Unity Government until the next election.</p>


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<p>Asian shares rallied on Monday after a benign reading on US inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown.</p>


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<p><em><strong>More to come</strong></em></p>
...

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<p>BENGALURU (Dec 22): Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, <em>Nikkei Asia </em>reported on Sunday, citing sources.</p>


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<p>Australia’s new targets for carbon emission cuts by 2035 are expected to be delayed by several months as a result of Donald Trump’s return to the White House, likely pushing them out beyond the next election which is due to be held by May.</p>


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<p>Rupert Murdoch's News Corp said on Monday it would sell its Australian cable TV and streaming unit Foxtel to British over-the-top sports streaming and entertainment platform DAZN for A$3.4 billion (US$2.1 billion), including debt.</p>


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<p>Personal debt is overwhelming an increasing number of Japanese as higher interest rates and the rising cost of living bite.</p>

<p>Consumer loans are rising at the highest rate in 16 years. Household borrowing exceeded incomes for the first time last year.</p>


<p>In a rare display of “independence”, the independent directors of Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT) told shareholders to reject the offer to take the company private.</p>


<p>It will be a pretty quiet week ahead as Christmas, which falls on Wednesday, will see most global economies’ markets closed except for China, Thailand, Japan and Vietnam. For Boxing Day, markets in Hong Kong, New Zealand, Australia, as well as most of Europe and Canada, will also be closed. North Korea will commemorate Constitution Day on Dec 27.</p>


<p>Oil prices inched higher on Monday, along with other risk assets, after US data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth and oil demand.</p>


<p>Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.</p>

<p>The two automakers are hosting board meetings on Monday about the talks and will later hold a joint press conference that Nissan's alliance partner Mitsubishi Motors is also expected to attend, the people said.</p>
