<div class=newsTextDataWrapInner><p>(July 17):&nbsp;Thai Beverage Pcl, the maker of Chang beer and SangSom rum, is considering a sale of its KFC restaurant franchise business in Thailand, according to people familiar with the matter.</p></div>

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<div class=newsTextDataWrapInner><p>ThaiBev is working with Bank of America Corp&nbsp;to gauge interest, the people said, asking not to be identified because the information is private. Deliberations are ongoing and may not result in a deal, they said.</p></div>

<div class=newsTextDataWrapInner><p>The QSR of Asia Co, which also uses the abbreviation QSA to refer to itself, is a subsidiary of ThaiBev and one of three KFC franchise operators in Thailand, along with Central Plaza Hotel Pcl, a unit of Central Group, and Restaurants Development Co, backed by Devyani International Ltd.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>ThaiBev acquired 240 KFC restaurants in 2017 for about 11.4 billion baht (US$340 million). QSA operates more than 500 restaurants nationwide, making it the largest KFC franchisee in Thailand, according to the company’s&nbsp;website.</p></div>

<div class=newsTextDataWrapInner><p>ThaiBev didn’t respond to requests for comment. BofA declined to comment.</p></div>

<div class=newsTextDataWrapInner><p>KFC is operated by Louisville, Kentucky-based Yum! Brands Inc, which also runs the Taco Bell and Pizza Hut chains.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>
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(July 17): Thai Beverage Pcl, the maker of Chang beer and SangSom rum, is considering a sale of its KFC restaurant franchise business in Thailand, according to people familiar with the matter.

ThaiBev said to consider selling KFC franchise business — Bloomberg

E5: Ringgit sinks to a 3-month low following Fed hike

World shares shuffled higher and the dollar nestled at a seven-week high on Thursday, after the US Federal Reserve's first interest rate hike in more than three years and a dip in oil prices helped calm a global bond market sell-off that ‌has rumbled for months.

Shares climb, bonds hold ground and short-term yields edge up after Fed hikes, BOE stays on

Oil prices eased about 3% on Thursday to a one-week low, extending losses as reports of additional Saudi crude cargoes through Oman eased supply concerns, though prices stayed above US$100 a barrel on fears the Middle East conflict could widen.

Oil falls 3% to one-week low as supply disruption fears ease

Batu Kawan Bhd (KL:BKAWAN) has increased its shareholding in MKH Oil Palm (East Kalimantan) Bhd (KL:MKHOP) to 79.58% following the conclusion of its mandatory general offer (MGO).

Batu Kawan raises MKH Oil Palm stake to 79.58% after MGO

Gold climbed almost 2% from a near-six-week low on Thursday, as investors reassessed their positions after the Federal Reserve's (Fed) first rate hike in three years, and the US dollar and oil prices eased.

Gold rises as traders reassess positions after Fed rate hike, oil rally eases

Corporate treasury teams in Malaysia are bullish about artificial intelligence (AI) and digital currencies — more so than their regional peers, based on their optimism and adoption intent — even as they grapple with legacy infrastructure hurdles, according to a report by HSBC.

Treasury teams in Malaysia bullish about AI and digital currencies — HSBC

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Opinion: The next infrastructure failure may leave no wreckage

Australia is considering barring the use of camera-equipped smart glasses in government workplaces due to privacy and security concerns, in what it said could be the first ban of its kind.

Australia considers banning use of smart glasses in govt buildings

China has privately asked Tehran to help rein in Yemen's Houthis after an appeal to Beijing by Saudi Arabia following the Iran-backed group's military blitz in the past week, according to three Iranian sources familiar with the matter.

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Alliance Bank Malaysia Bhd (KL:ABMB) has been recognised as “Malaysia’s Best Bank for SMEs” by global financial magazine publisher Euromoney.

Alliance Bank bags Euromoney award for Malaysia’s best bank for SMEs

<p>Over the past two years, I have occasionally written about some of the people I regard as role models in Malaysia's plantation and palm oil journey — Tun Dr Lim Keng Yaik, Tun Raja Muhammad Alias Raja Muhammad Ali, Tan Sri Abdul Khalid Ibrahim, Tan Sri Datuk Dr Augustine Ong Soon Hock, Datuk Boon Weng Siew, fondly remembered as “Uncle Boon”, MR&nbsp;Chandran and Mahbob Abdullah, among others.</p>


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<p>AirAsia Group Bhd (KL:AAGB) fell on Thursday to the lowest in nearly four years amid mounting concerns over the low-cost airline’s financial health.</p>


AirAsia falls to near four-year low amid concerns over financial health

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Ringgit approaches three-month low as Fed rate hike strengthens dollar

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Malaysia’s battered bonds face growing risk of Japan fund exodus

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YTL Power worth accumulating on pullback and new gas turbines — analysts

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<p>Blogger Wan Muhammad Azri Wan Deris, or better known as Papagomo, has failed to obtain a stay of a High Court judgement in May that had ordered him to pay RM280,000 in damages for defaming former finance minister Lim Guan Eng and his son Clint Lim Way Chau six years ago.</p>


Papagomo fails to obtain stay of damages payment to Guan Eng, son

<p>&nbsp;Pioneer Heat Holdings Bhd (KL:PIONEER) ended its ACE Market debut on Thursday 5 sen, or 20%, higher than its initial public offering price of 25 sen. &nbsp;</p>


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<p>The government has agreed to expand the Budi Madani Diesel&nbsp;eligibility transfer facility, allowing registered owners of private diesel vehicles to transfer their eligibility to any eligible actual user,&nbsp;effective immediately.</p>


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<p>Singapore’s push to become a major gold hub is gaining momentum, with DBS Group Holdings Ltd&nbsp;adding bullion storage capacity and other banks considering similar moves.</p>


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CCK Consolidated no longer a ‘buy’ as Indonesian plant fire leaves lasting burn — analyst

<p>Negeri Sembilan Menteri Besar Datuk Ismail Lasim has confirmed that the state executive council recognises the proclamation removing Tuanku Muhriz Tuanku Munawir as the Yang di-Pertuan Besar, <em>Bernama</em> reported.</p>


Negeri Sembilan MB confirms state govt recognises removal of Tuanku Muhriz

<p>An individual who relies only on a fixed salary will eventually reach a ceiling.</p>


My Say: PETRONAS: Our hope for Malaysian global champions

<p>Huawei Technologies Co is set to unveil new artificial intelligence (AI) technology this week in defiance of US export control curbs, advancing its ambition to replace Nvidia Corp in China and compete on the global stage.</p>


Huawei set to unveil AI chips to match Nvidia 

<p>US President Donald Trump said he still had confidence in Federal Reserve (Fed) chairman Kevin Warsh and criticised what he said is a “hostile” board even after the central bank unanimously defied his calls to lower borrowing costs.</p>


Trump backs Warsh, faults ‘hostile’ Fed board for rate hike

<p>Malaysia has delayed the mandatory reasonable&nbsp;assurance requirements&nbsp;of&nbsp;applicable entities&nbsp;on their greenhouse gas (GHG) emissions by a year.&nbsp;</p>


Malaysia delays reasonable assurance requirements on greenhouse gas emissions by a year

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Mah Sing expands Johor pipeline; tops out M Minori

<p>A total of 30 areas nationwide recorded unhealthy air pollutant index (API) readings as of 5pm on Thursday.</p>


Haze: Unhealthy air in 30 areas nationwide as of 5pm

<p>The Madani government has expanded electricity bill protection for domestic users from 600 kilowatt-hours (kWh) to 800 kWh a month, effective for electricity consumption from September to Dec 31, Prime Minister Datuk Seri Anwar Ibrahim said on Thursday.</p>
