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Business

FTC Conditionally Approves Petrochemical Merger

The number of suppliers in the domestic low-density polyethylene (LDPE) and ethylene vinyl acetate (EVA) markets will decrease from 4 to 3.

  • FTC conditionally approves Lotte Chemical-HD Hyundai Chemical merger.
  • Suppliers in LDPE/EVA markets drop from 4 to 3 after consolidation.
  • FTC mandates 5-year price fluctuation monitoring to prevent monopolies.

Business

Environmental Groups Urge Samsung Project Cancellation

The National Action against the Construction of Ultra-High Voltage Transmission Towers and for the Re-examination of the Yongin Semiconductor National Industrial Complex held a press conference in…

  • Environmental groups protest Samsung semiconductor project in Seoul.
  • 80 officials demand complete cancellation of the project.
  • Residents face water, electricity, livelihood sacrifices for business.

World

Dr Mahathir slams Netanyahu over opposition to Palestinian state

FORMER prime minister Tun Dr Mahathir Mohamad has hit out at Israeli Prime Minister Benjamin Netanyahu over his opposition to the establishment of a Palestinian state, calling the position “the most…

  • Israeli PM Netanyahu opposes Palestinian state creation
  • Former Malaysian PM Dr Mahathir calls Netanyahu's remark "most ungrateful"
  • Mahathir accuses Netanyahu and supporters of lacking gratitude

Business

Pakistan, South Korea move closer to CEPA

The first round of Comprehensive Economic Partnership Agreement (CEPA) negotiations between Pakistan and South Korea had been successfully concluded, and the second round was expected soon, said Federal Minister for Commerce Jam Kamal Khan.

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