The Star Business News
The debate on Liew
April 25, 2015 01:00:00 am
Entrepreneur who drives the smaller Eco World group is still a much talked-about figure in corporate world...
The legacy issue – passing the baton to the right person
April 25, 2015 01:00:00 am
AT the spanking new Eco World International Centre in the Gardens office block in Kuala Lumpur recently, a photo session was in progress. There was a light-hearted camaraderie in the air....
Salcon catches investors’ attention
April 25, 2015 01:00:00 am
SALCON Bhd, whose share price has risen by some 17% over the last two weeks, is sitting pretty with a lot of cash in hand, a sizeable order book, valuable land bank and new growth opportunities from a broadband-type business....
Press Metal to press on despite aluminium glut
April 25, 2015 01:00:00 am
PRESS Metal Bhd, the shares of which had been battered over the past few days, believes that worries over a global supply glut in aluminium will be temporary as China gets ready to remove an export tax on the metal starting next month....
Exciting growth prospect from VBT
April 25, 2015 01:00:00 am
A NEW player has squeezed its way into the growing broadband market in Malaysia....
Most powerful IPO this year
April 25, 2015 01:00:00 am
FOR an initial public offering (IPO) that looked like a tough sell early on, the appetite for Malakoff Corp Bhd’s issue has grown significantly strong....
SBC Corp to launch Jesselton Quay development soon?
April 25, 2015 01:00:00 am
AFTER two long years since SBC Corp Bhd first signed a joint-venture (JV) agreement with Sabah Ports operator Suria Capital Holdings Bhd to develop the Jesselton Quay in Kota Kinabalu, it is now finally preparing to release commercial properties with...
CBIP shows why it is a leader in extracting oil from the palm fruit
April 25, 2015 01:00:00 am
THE plantation industry is all about economies of scale and in the palm oil milling process, every drop of oil to be squeezed from the palm fruit counts....
Malaysia Airlines undergoing transformation pains
April 25, 2015 01:00:00 am
THE restructuring of Malaysia Airlines (MAS) will probably leave the airline to be a shell of its former self....
GHL, Managepay on steady rise after Bank Negara move
April 25, 2015 01:00:00 am
Since Bank Negara announced its Payment Card Reform Framework early this year, there has been obvious traction and new developments in the payment industry....
Compugates and Westwood sign agarwood sale and cutting pact
April 24, 2015 09:39:00 pm
KUALA LUMPUR: Compugates Holdings Bhd’s unit, Compugates Marketing Sdn Bhd, has signed a standing agarwood sale and cutting agreement (SASC) with Westwood Marketing Sdn Bhd worth RM43.884mil. - Bernama ...
Malaysia aims for 4% annual productivity growth
April 24, 2015 09:32:00 pm
KUALA LUMPUR: The Government is optimistic of achieving 4.0% annual productivity growth against the current 2.3%, on the back of good support from the small and medium-scale enterprises (SMEs), said Minister of International Trade and Industry Datuk ...
China to hike fuel prices
April 24, 2015 09:26:00 pm
BEIJING: China will lift the retail prices for petrol by 300 yuan (RM172.96) per tonne and diesel by 285 yuan (RM164.31) per tonne, effective Saturday. - Bernama ...
Parkson’s HK subsidiary expects to be hit harder
April 24, 2015 09:17:00 pm
KUALA LUMPUR: Parkson Holdings Bhd’s Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRG), which issued a profit warning last month, now expects a loss for the first quarter instead of the earlier-stated significant decline in profit...
MISC denies it is selling tanker unit AET
April 24, 2015 08:08:00 pm
KUALA LUMPUR: MISC Bhd has denied that it is selling its wholly-owned petroleum tanker subsidiary AET Tanker Holdings Sdn Bhd....
AirAsia X major shareholders to take up rights issue
April 24, 2015 07:53:00 pm
KUALA LUMPUR: AirAsia X Bhd’s major shareholders have given their commitments to subscribe for the rights issue of up to RM201.09mil under its recovery plan....
Ports urged to exploit potential increase in seaborne trade with AEC
April 24, 2015 07:38:00 pm
KUALA LUMPUR: Malaysian ports, especially Port Klang, have to capitalise on the potential increase in seaborne trade as South-East Asia has become more integrated with the establishment of the Asean Economic Community (AEC) by year-end. - Bernama...
UEM Edgenta awards disinfection system contract to sister firm
April 24, 2015 07:30:00 pm
KUALA LUMPUR: UEM Edgenta Bhd’s (formerly Faber Group Bhd) subsidiary has awarded a RM4.88mil contract to supply, install and commission a microwave disinfection system at the Kamunting incineration plant to sister company Kualiti Alam....
Icon Offshore CEO and COO released with surety undertaking
April 24, 2015 07:09:00 pm
KUALA LUMPUR: Icon Offshore Bhd chief executive officer Dr Jamal Yusof and chief operating officer Rahman Yusof have been released by the Malaysian Anti-Corruption Commission..
Ringgit likely to stay at 3.5 level in medium term, says CIMB
April 24, 2015 06:49:00 pm
KUALA LUMPUR: The ringgit, which is at its two-month high at the 3.5 level against the US dollar today, will likely stay at the current level for the medium term, said a trader....
Apple aims to ship more than 20 million smartwatches in 2015: sources
April 24, 2015 06:49:00 pm
Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources....
Malton bags RM703mil project in Pusat Bandar Damansara
April 24, 2015 06:48:00 pm
KUALA LUMPUR: Malton Bhd’s unit Domain Resources Sdn Bhd (DRSB) has won a RM703mil contract for construction works at the proposed Pavilion Damansara Heights project in Pusat Bandar Damansara, Kuala Lumpur....
Takaful Ikhlas aims to sign up 800 policies at MSAM 2015
April 24, 2015 06:41:00 pm
SIBU: Takaful Ikhlas Bhd, a wholly-owned unit of MNRB Holdings Bhd, aims to sign up 800 policies at the Malaysian Unit Trust Week 2015 (MSAM 2015) from April 19 to 27, 2015 here with first year annual contributions (FYACs) of RM1.5 million to be gene...
Petronas Chemicals, Maybank top gainers as KLCI advance 16pt
April 24, 2015 06:23:00 pm
KUALA LUMPUR: Fund buying of Petronas Chemicals, Maybank and KL Kepong underpinned the FBM KLCI’s rebound on Friday while sentiment was also supported by the stronger ringgit....
BSN to rebrand in October
April 24, 2015 06:03:00 pm
KOTA KINABALU: Bank Simpanan Nasional (BSN) will carry out a rebranding exercise at all its branches nationwide in October to enhance customer satisfaction and its corporate image....
80 Sarawak firms bag RM350mil contracts from Petronas
April 24, 2015 06:03:00 pm
KUCHING: A total of 80 Sarawak companies have secured RM350mil worth of contracts from Petroliam Nasional Bhd (Petronas) in the first quarter of this year, said Chief Minister Tan Sri Adenan Satem. - Bernama...
Malaysia named Medical Travel Destination of the Year
April 24, 2015 05:15:00 pm
KUALA LUMPUR: Malaysia’s medical tourism received a boost when the country was named “Medical Travel Destination of the Year” at the International Medical Travel Journal (IMTJ) Medical Travel Awards 2015 in London. ...
Businesses to be cautious with cyberattacks, says Symantec
April 24, 2015 05:13:00 pm
KUALA LUMPUR: Symantec Corp (M) Sdn Bhd, a security firm urges companies to be cautious by cyber attacks, as attackers have stepped up their game by tricking companies into infecting themselves via software updates....
Supermax to venture into RM65mil contact lens business
April 24, 2015 04:51:00 pm
KUALA LUMPUR: Supermax Corporation Bhd's new RM65mil contact lens business would make the group the first Malaysian owned brand manufacturer for the product globally, said group managing director Datuk Seri Stanley Thai. ...
Ambank, CGC drafting new frontiers in business financing
April 24, 2015 04:36:00 pm
KUALA LUMPUR: AmBank (M) Bhd inked a portfolio guarantee agreement with Credit Guarantee Corp Malaysia Bhd (CGC), allocating up to RM300mil to enhance Small and Medium Enterprise (SME) financing in Malaysia....
StanChart expects BNM to ease monetary policy
April 24, 2015 04:25:00 pm
KUALA LUMPUR: Standard Chartered Research expects Bank Negara Malaysia (BNM) to ease the monetary policy if the gross domestic product (GDP) growth were to fall close to four per cent and the outlook turns more uncertain....
Sime Darby motor listing likely in Q4
April 24, 2015 04:21:00 pm
KUALA LUMPUR: The current weak market sentiments could see Sime Darby delaying the listing of its motor division via an IPO from the first half of 2015 to the fourth quarter, says UOB Kay Hian Malaysia Research....
Bina Puri unit gets RM123.32mil Sabah contract
April 24, 2015 04:19:00 pm
KUALA LUMPUR: Bina Puri Sdn Bhd, a wholly-owned unit of Bina Puri Holdings Bhd, has secured a RM123.32 million Sabah Department of Works (JKR) contract to equip Blocks A and B of the state administrative complex in Kota Kinabalu....
MARC affirms Malaysia’s sovereign rating of AAA
April 24, 2015 03:52:00 pm
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed Malaysia’s sovereign rating of AAA, reflecting a stable outlook of the country....
90.5% AEC measures implemented, says Mustapa
April 24, 2015 03:47:00 pm
KUALA LUMPUR: The Association of South-East Asian Nations (ASEAN) member states have successfully implemented 90.5 per cent of the integration measures as at end-March, in its efforts to realise the ASEAN Economic Community (AEC)....
Unemployment rate higher in February in Malaysia
April 24, 2015 03:43:00 pm
KUALA LUMPUR: Malaysia’s unemployment rate rose 0.1% to 3.2% in February 2015 from 3.1% in January 2015, according to the Statistics Department. ...
Maybank raises US$261m from Samurai bonds
April 24, 2015 03:17:00 pm
KUALA LUMPUR: Malayan Banking Bhd (Maybank) raised 31.3bil yen or US$261mil from its inaugural Samurai bond issuance, which will have a three and five year tenor. ...
Maybank, PetChem lead KLCI higher as ringgit extend gains
April 24, 2015 02:16:00 pm
KUALA LUMPUR: Maybank and Petronas Chemicals led the FBM KLCI higher at the midday break on Friday as investor sentiment perked up amid a broader mixed market while the ringgit extended its gains for the fifth week....
Amazon revenue beats, cloud computing more profitable than expected
April 24, 2015 01:53:00 pm
Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7%....
Google shares rise after online ad sales drive revenue higher
April 24, 2015 01:06:00 pm
Google Inc reported higher quarterly revenue and profit as rising online ad volume offset a hit from the strong dollar, sending the Internet company's shares higher in after-hours trading....
ASEAN members could remove non-tariff barriers in competitive areas
April 24, 2015 01:03:00 pm
KUALA LUMPUR: Removal of non-tariff barriers can be done by ASEAN members in the fields where they are competitive but not in the areas that could undermine their development, a banker said. ...
Microsoft profit, revenue beats Wall Street view; shares up
April 24, 2015 12:54:00 pm
Microsoft Corp reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business....
Maybank launches Samurai bond issuance to raise ¥31.3 billion
April 24, 2015 12:51:00 pm
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has launched its inaugural Samurai bond issuance, raising ¥31.3 billion (US$261mil) with a three and five year tenor....
Scanwolf tumbles to 3 month low of 68 sen
April 24, 2015 12:37:00 pm
KUALA LUMPUR: Shares of Scanwolf Corporation Bhd tumbled to a low of 68 sen – the lowest since Jan 15 -- on Friday after announcing about a probe into its operations....
Low-key launch as Apple Watch finally goes on sale
April 24, 2015 12:31:00 pm
The Apple Watch launched globally today (April 24) with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollout...
Tenaga climbs to high of RM14.62 on stronger Q2 earnings ahead
April 24, 2015 12:05:00 pm
KUALA LUMPUR: Tenaga Nasional’s share price advanced to a high of RM14.62 on Friday ahead of its second quarter earnings next Monday....
Tropicana to build international school for Tenby
April 24, 2015 11:52:00 am
KUALA LUMPUR: Tropicana Corp Bhd (Tropicana) ties-up with Tenby Schools to build a 10-acre international school campus known as Tenby International School in the mixed development township of Tropicana Aman, Kota Kemuning....
Press Metal under selling pressure as technical outlook weakens
April 24, 2015 11:22:00 am
KUALA LUMPUR: The shares and warrants of Press Metal skidded on Friday on selling pressure as the technical outlook weakened....
AmResearch maintains Hold on Pavilion Reit
April 24, 2015 10:56:00 am
KUALA LUMPUR: AmResearch has reaffirmed its Hold call on Pavilion Reit with an unchanged fair value of RM1.40/unit, based on a DCF valuation. ...
KLCI up more than 6 points in early trade
April 24, 2015 10:17:00 am
KUALA LUMPUR: The FBM KLCI climbed more than six points early trade and stayed comfortably above the 1,850 level on nibbling of key stocks as investor sentiment was underpinned by the record overnight close of Nasdaq. ...
Trading ideas: TAS, Scanwolf, GHL, Muhibbah
April 24, 2015 10:03:00 am
KUALA LUMPUR: JF Apex Research expects TAS Offshore, Scanwolf, GHL Systems and Muhibbah Engineering to be among the stocks to watch on Friday following the fresh corporate developments. ...
KLCI may retest 1,850 after Nasdaq’s record high
April 24, 2015 09:57:00 am
KUALA LUMPUR: BIMB Securities Research expects stocks on Bursa Malaysia to see some consolidation but some nibbling of selected index linked stocks could see the FBM KLCI re-test the 1,850 level again on Friday....
Asian shares take cue from Nasdaq record
April 24, 2015 09:50:00 am
TOKYO: An index of Asian shares rose on Friday, on track for a weekly gain as a fresh record for the Nasdaq helped nudge it toward seven-year highs, while the dollar marched in place after more lacklustre U.S. economic data....
Crude eases after jump, set for 6th weekly gain
April 24, 2015 09:49:00 am
TOKYO: U.S. crude futures edged back on Friday from a four-month high touched a day earlier, but were on course for a sixth straight weekly gain after renewed air strikes in Yemen stoked concerns about the security of Middle East oil shipments....
Apple Watch goes on sale worldwide amid supply shortage
April 24, 2015 09:47:00 am
SAN FRANCISCO: The Apple Watch goes on sale around the world on Friday, the final stage of a protracted launch of Apple Inc Chief Executive Tim Cook's first new product, capping months of publicity and a frenetic two weeks of pre-orders....
Laureate Education plans IPO
April 24, 2015 09:45:00 am
NEW YORK: Laureate Education Inc, the world's biggest for-profit education chain, is in talks with banks for an initial public offering, a person familiar with the matter told Reuters....
Nasdaq sets closing record
April 24, 2015 09:44:00 am
NEW YORK: The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash....
How Malaysians abroad are bridging a skills gap
April 24, 2015 09:26:00 am
Malaysia’s fast growing economy is creating jobs at every skill level and as a result is reshaping the way Government, industry and academic institutions interact, communicate and collaborate....
Mah Sing's hungry
April 24, 2015 01:00:00 am
Developer on the prowl for large joint ventures in the Klang Valley...
Business as usual at Icon Offshore
April 24, 2015 01:00:00 am
O&G firm says deputy CEO running the show following remand of CEO and COO...
SMEs welcome decision to abolish renewal fees
April 24, 2015 01:00:00 am
PETALING JAYA: Small and medium-sized enterprises (SMEs) are relieved by the Cabinet’s decision to abolish the renewal fee for foreign workers’ permits over MyEG....
NCB expects Kontena Nasional to turn around
April 24, 2015 01:00:00 am
SIBU: NCB Holdings Bhd’s unit Kontena Nasional Bhd is expected to break even and turn around by middle of 2016, said group managing director Abi Sofian Abdul Hamid....
Scanwolf appoints PKF to review ops
April 24, 2015 01:00:00 am
PETALING JAYA: Scanwolf Corp Bhd has appointed auditing firm PKF Covenant Sdn Bhd to conduct an investigative review on the company....
Not the time to shy away from tough decisions
April 24, 2015 01:00:00 am
Malaysia in good position to move out of middle-income trap...
SapKen seeks to be reinstated in syariah-compliant list
April 24, 2015 01:00:00 am
KUALA LUMPUR: Integrated oil and gas (O&G) services and solutions provider SapuraKencana Petroleum Bhd (SapKen) has submitted its application to the Securities Commission (SC) to be reinstated into the syariah-compliant list....
Khazanah firm on its turnaround plan for MAS
April 24, 2015 01:00:00 am
Azman: National carrier needs only 14,000 workers...
Muhibbah eyes RM1bil worth of jobs in Pengerang
April 24, 2015 01:00:00 am
MUHIBBAH Engineering (M) Bhd is tendering for RM1bil worth of jobs in Pengerang, Johor to bolster its current order book of RM2.05bil, made up mostly of infrastructure, oil and gas and port projects....
April 25, 2015 01:00:00 am
Entrepreneur who drives the smaller Eco World group is still a much talked-about figure in corporate world...
April 25, 2015 01:00:00 am
AT the spanking new Eco World International Centre in the Gardens office block in Kuala Lumpur recently, a photo session was in progress. There was a light-hearted camaraderie in the air....
April 25, 2015 01:00:00 am
SALCON Bhd, whose share price has risen by some 17% over the last two weeks, is sitting pretty with a lot of cash in hand, a sizeable order book, valuable land bank and new growth opportunities from a broadband-type business....
April 25, 2015 01:00:00 am
PRESS Metal Bhd, the shares of which had been battered over the past few days, believes that worries over a global supply glut in aluminium will be temporary as China gets ready to remove an export tax on the metal starting next month....
April 25, 2015 01:00:00 am
A NEW player has squeezed its way into the growing broadband market in Malaysia....
April 25, 2015 01:00:00 am
FOR an initial public offering (IPO) that looked like a tough sell early on, the appetite for Malakoff Corp Bhd’s issue has grown significantly strong....
April 25, 2015 01:00:00 am
AFTER two long years since SBC Corp Bhd first signed a joint-venture (JV) agreement with Sabah Ports operator Suria Capital Holdings Bhd to develop the Jesselton Quay in Kota Kinabalu, it is now finally preparing to release commercial properties with...
April 25, 2015 01:00:00 am
THE plantation industry is all about economies of scale and in the palm oil milling process, every drop of oil to be squeezed from the palm fruit counts....
April 25, 2015 01:00:00 am
THE restructuring of Malaysia Airlines (MAS) will probably leave the airline to be a shell of its former self....
April 25, 2015 01:00:00 am
Since Bank Negara announced its Payment Card Reform Framework early this year, there has been obvious traction and new developments in the payment industry....
April 24, 2015 09:39:00 pm
KUALA LUMPUR: Compugates Holdings Bhd’s unit, Compugates Marketing Sdn Bhd, has signed a standing agarwood sale and cutting agreement (SASC) with Westwood Marketing Sdn Bhd worth RM43.884mil. - Bernama ...
April 24, 2015 09:32:00 pm
KUALA LUMPUR: The Government is optimistic of achieving 4.0% annual productivity growth against the current 2.3%, on the back of good support from the small and medium-scale enterprises (SMEs), said Minister of International Trade and Industry Datuk ...
April 24, 2015 09:26:00 pm
BEIJING: China will lift the retail prices for petrol by 300 yuan (RM172.96) per tonne and diesel by 285 yuan (RM164.31) per tonne, effective Saturday. - Bernama ...
April 24, 2015 09:17:00 pm
KUALA LUMPUR: Parkson Holdings Bhd’s Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRG), which issued a profit warning last month, now expects a loss for the first quarter instead of the earlier-stated significant decline in profit...
April 24, 2015 08:08:00 pm
KUALA LUMPUR: MISC Bhd has denied that it is selling its wholly-owned petroleum tanker subsidiary AET Tanker Holdings Sdn Bhd....
April 24, 2015 07:53:00 pm
KUALA LUMPUR: AirAsia X Bhd’s major shareholders have given their commitments to subscribe for the rights issue of up to RM201.09mil under its recovery plan....
April 24, 2015 07:38:00 pm
KUALA LUMPUR: Malaysian ports, especially Port Klang, have to capitalise on the potential increase in seaborne trade as South-East Asia has become more integrated with the establishment of the Asean Economic Community (AEC) by year-end. - Bernama...
April 24, 2015 07:30:00 pm
KUALA LUMPUR: UEM Edgenta Bhd’s (formerly Faber Group Bhd) subsidiary has awarded a RM4.88mil contract to supply, install and commission a microwave disinfection system at the Kamunting incineration plant to sister company Kualiti Alam....
April 24, 2015 07:09:00 pm
KUALA LUMPUR: Icon Offshore Bhd chief executive officer Dr Jamal Yusof and chief operating officer Rahman Yusof have been released by the Malaysian Anti-Corruption Commission..
April 24, 2015 06:49:00 pm
KUALA LUMPUR: The ringgit, which is at its two-month high at the 3.5 level against the US dollar today, will likely stay at the current level for the medium term, said a trader....
April 24, 2015 06:49:00 pm
Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources....
April 24, 2015 06:48:00 pm
KUALA LUMPUR: Malton Bhd’s unit Domain Resources Sdn Bhd (DRSB) has won a RM703mil contract for construction works at the proposed Pavilion Damansara Heights project in Pusat Bandar Damansara, Kuala Lumpur....
April 24, 2015 06:41:00 pm
SIBU: Takaful Ikhlas Bhd, a wholly-owned unit of MNRB Holdings Bhd, aims to sign up 800 policies at the Malaysian Unit Trust Week 2015 (MSAM 2015) from April 19 to 27, 2015 here with first year annual contributions (FYACs) of RM1.5 million to be gene...
April 24, 2015 06:23:00 pm
KUALA LUMPUR: Fund buying of Petronas Chemicals, Maybank and KL Kepong underpinned the FBM KLCI’s rebound on Friday while sentiment was also supported by the stronger ringgit....
April 24, 2015 06:03:00 pm
KOTA KINABALU: Bank Simpanan Nasional (BSN) will carry out a rebranding exercise at all its branches nationwide in October to enhance customer satisfaction and its corporate image....
April 24, 2015 06:03:00 pm
KUCHING: A total of 80 Sarawak companies have secured RM350mil worth of contracts from Petroliam Nasional Bhd (Petronas) in the first quarter of this year, said Chief Minister Tan Sri Adenan Satem. - Bernama...
April 24, 2015 05:15:00 pm
KUALA LUMPUR: Malaysia’s medical tourism received a boost when the country was named “Medical Travel Destination of the Year” at the International Medical Travel Journal (IMTJ) Medical Travel Awards 2015 in London. ...
April 24, 2015 05:13:00 pm
KUALA LUMPUR: Symantec Corp (M) Sdn Bhd, a security firm urges companies to be cautious by cyber attacks, as attackers have stepped up their game by tricking companies into infecting themselves via software updates....
April 24, 2015 04:51:00 pm
KUALA LUMPUR: Supermax Corporation Bhd's new RM65mil contact lens business would make the group the first Malaysian owned brand manufacturer for the product globally, said group managing director Datuk Seri Stanley Thai. ...
April 24, 2015 04:36:00 pm
KUALA LUMPUR: AmBank (M) Bhd inked a portfolio guarantee agreement with Credit Guarantee Corp Malaysia Bhd (CGC), allocating up to RM300mil to enhance Small and Medium Enterprise (SME) financing in Malaysia....
April 24, 2015 04:25:00 pm
KUALA LUMPUR: Standard Chartered Research expects Bank Negara Malaysia (BNM) to ease the monetary policy if the gross domestic product (GDP) growth were to fall close to four per cent and the outlook turns more uncertain....
April 24, 2015 04:21:00 pm
KUALA LUMPUR: The current weak market sentiments could see Sime Darby delaying the listing of its motor division via an IPO from the first half of 2015 to the fourth quarter, says UOB Kay Hian Malaysia Research....
April 24, 2015 04:19:00 pm
KUALA LUMPUR: Bina Puri Sdn Bhd, a wholly-owned unit of Bina Puri Holdings Bhd, has secured a RM123.32 million Sabah Department of Works (JKR) contract to equip Blocks A and B of the state administrative complex in Kota Kinabalu....
April 24, 2015 03:52:00 pm
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed Malaysia’s sovereign rating of AAA, reflecting a stable outlook of the country....
April 24, 2015 03:47:00 pm
KUALA LUMPUR: The Association of South-East Asian Nations (ASEAN) member states have successfully implemented 90.5 per cent of the integration measures as at end-March, in its efforts to realise the ASEAN Economic Community (AEC)....
April 24, 2015 03:43:00 pm
KUALA LUMPUR: Malaysia’s unemployment rate rose 0.1% to 3.2% in February 2015 from 3.1% in January 2015, according to the Statistics Department. ...
April 24, 2015 03:17:00 pm
KUALA LUMPUR: Malayan Banking Bhd (Maybank) raised 31.3bil yen or US$261mil from its inaugural Samurai bond issuance, which will have a three and five year tenor. ...
April 24, 2015 02:16:00 pm
KUALA LUMPUR: Maybank and Petronas Chemicals led the FBM KLCI higher at the midday break on Friday as investor sentiment perked up amid a broader mixed market while the ringgit extended its gains for the fifth week....
April 24, 2015 01:53:00 pm
Amazon.com Inc's first-quarter revenue grew more than expected as rising sales in North America and its burgeoning cloud-computing services unit offset new business investments, boosting its shares nearly 7%....
April 24, 2015 01:06:00 pm
Google Inc reported higher quarterly revenue and profit as rising online ad volume offset a hit from the strong dollar, sending the Internet company's shares higher in after-hours trading....
April 24, 2015 01:03:00 pm
KUALA LUMPUR: Removal of non-tariff barriers can be done by ASEAN members in the fields where they are competitive but not in the areas that could undermine their development, a banker said. ...
April 24, 2015 12:54:00 pm
Microsoft Corp reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business....
April 24, 2015 12:51:00 pm
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has launched its inaugural Samurai bond issuance, raising ¥31.3 billion (US$261mil) with a three and five year tenor....
April 24, 2015 12:37:00 pm
KUALA LUMPUR: Shares of Scanwolf Corporation Bhd tumbled to a low of 68 sen – the lowest since Jan 15 -- on Friday after announcing about a probe into its operations....
April 24, 2015 12:31:00 pm
The Apple Watch launched globally today (April 24) with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollout...
April 24, 2015 12:05:00 pm
KUALA LUMPUR: Tenaga Nasional’s share price advanced to a high of RM14.62 on Friday ahead of its second quarter earnings next Monday....
April 24, 2015 11:52:00 am
KUALA LUMPUR: Tropicana Corp Bhd (Tropicana) ties-up with Tenby Schools to build a 10-acre international school campus known as Tenby International School in the mixed development township of Tropicana Aman, Kota Kemuning....
April 24, 2015 11:22:00 am
KUALA LUMPUR: The shares and warrants of Press Metal skidded on Friday on selling pressure as the technical outlook weakened....
April 24, 2015 10:56:00 am
KUALA LUMPUR: AmResearch has reaffirmed its Hold call on Pavilion Reit with an unchanged fair value of RM1.40/unit, based on a DCF valuation. ...
April 24, 2015 10:17:00 am
KUALA LUMPUR: The FBM KLCI climbed more than six points early trade and stayed comfortably above the 1,850 level on nibbling of key stocks as investor sentiment was underpinned by the record overnight close of Nasdaq. ...
April 24, 2015 10:03:00 am
KUALA LUMPUR: JF Apex Research expects TAS Offshore, Scanwolf, GHL Systems and Muhibbah Engineering to be among the stocks to watch on Friday following the fresh corporate developments. ...
April 24, 2015 09:57:00 am
KUALA LUMPUR: BIMB Securities Research expects stocks on Bursa Malaysia to see some consolidation but some nibbling of selected index linked stocks could see the FBM KLCI re-test the 1,850 level again on Friday....
April 24, 2015 09:50:00 am
TOKYO: An index of Asian shares rose on Friday, on track for a weekly gain as a fresh record for the Nasdaq helped nudge it toward seven-year highs, while the dollar marched in place after more lacklustre U.S. economic data....
April 24, 2015 09:49:00 am
TOKYO: U.S. crude futures edged back on Friday from a four-month high touched a day earlier, but were on course for a sixth straight weekly gain after renewed air strikes in Yemen stoked concerns about the security of Middle East oil shipments....
April 24, 2015 09:47:00 am
SAN FRANCISCO: The Apple Watch goes on sale around the world on Friday, the final stage of a protracted launch of Apple Inc Chief Executive Tim Cook's first new product, capping months of publicity and a frenetic two weeks of pre-orders....
April 24, 2015 09:45:00 am
NEW YORK: Laureate Education Inc, the world's biggest for-profit education chain, is in talks with banks for an initial public offering, a person familiar with the matter told Reuters....
April 24, 2015 09:44:00 am
NEW YORK: The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash....
April 24, 2015 09:26:00 am
Malaysia’s fast growing economy is creating jobs at every skill level and as a result is reshaping the way Government, industry and academic institutions interact, communicate and collaborate....
April 24, 2015 01:00:00 am
Developer on the prowl for large joint ventures in the Klang Valley...
April 24, 2015 01:00:00 am
O&G firm says deputy CEO running the show following remand of CEO and COO...
April 24, 2015 01:00:00 am
PETALING JAYA: Small and medium-sized enterprises (SMEs) are relieved by the Cabinet’s decision to abolish the renewal fee for foreign workers’ permits over MyEG....
April 24, 2015 01:00:00 am
SIBU: NCB Holdings Bhd’s unit Kontena Nasional Bhd is expected to break even and turn around by middle of 2016, said group managing director Abi Sofian Abdul Hamid....
April 24, 2015 01:00:00 am
PETALING JAYA: Scanwolf Corp Bhd has appointed auditing firm PKF Covenant Sdn Bhd to conduct an investigative review on the company....
April 24, 2015 01:00:00 am
Malaysia in good position to move out of middle-income trap...
April 24, 2015 01:00:00 am
KUALA LUMPUR: Integrated oil and gas (O&G) services and solutions provider SapuraKencana Petroleum Bhd (SapKen) has submitted its application to the Securities Commission (SC) to be reinstated into the syariah-compliant list....
April 24, 2015 01:00:00 am
Azman: National carrier needs only 14,000 workers...
April 24, 2015 01:00:00 am
MUHIBBAH Engineering (M) Bhd is tendering for RM1bil worth of jobs in Pengerang, Johor to bolster its current order book of RM2.05bil, made up mostly of infrastructure, oil and gas and port projects....
