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Deputy Prime Minister Muhyiddin Yassin today urged the Public Accounts Committee (PAC) to start its own investigation on 1Malaysia Development Bhd (1MDB), without waiting for the auditor-general’s report.
Sunway Construction submits listing application to Bursa Sunway Construction Group Bhd (SCG), a wholly owned subsidiary of Sunway Bhd, today submitted an application to be listed on the Main Market of Bursa ... |
Tenaga confident of victory despite Integrax’s board snub Blue chip utility player Tenaga Nasional Bhd is confident of a successful bid for port operator Integrax, signalling today that its offer price will r ... |
Petronas sucker punched by RM22 bil impairment A RM22 billion write down, due to the oil price slump, wipes out Petronas’ profits in 4Q14, turning it into RM7.3 billion losses. It also hangs big ... |
Is the ringgit undervalued? Although the ringgit is at a six year low, analysts believe the factors contributing to it appear to be short-term and that this has led to it being u ... |
Too early to clear RM50 bil 1MDB of wrongdoing And so the Cabinet has said 1Malaysia Development Bhd (1MDB) has done no wrong. But whichever way Tiger pounces to find new perspectives, it cannot bu ... |
Putrajaya should do like Penang and give free WiFi Today, the Penang state government announced that Penangites will now have access to 1Mbps WiFi speeds for free. Tiger wonders when Kuala Lumpur will ... |
Media Prima: Bracing for a challenging year The country’s largest media group is bracing itself for a tough 2015 as the print and TV segments are expected to experience some challenges, some o ... |
Ta Ann: Traction from timber earnings Among the plantations planters, Ta Ann Holdings Bhd (Ta Ann) was one the few that managed to weather weakening crude palm oil (CPO) prices, thanks to ... |
Kulim unit to buy 30% stake in Asia Logistics Council Kulim (Malaysia) Bhd has announced that its 54.21%-owned subsidiary Asia Economic Development Fund Ltd (AEDFL) had entered into a share sale agreement ... ‘GST to go ahead regardless of levels of understanding’ The government would implement the goods and services tax (GST) regardless of the level of the people's understanding of it, said Deputy Finance Minis ... DPM wants PAC to start own probe on 1MDB Deputy Prime Minister Muhyiddin Yassin today urged the Public Accounts Committee (PAC) to start its own investigation on 1Malaysia Development Bhd (1M ... Boustead plans to acquire 50% stake in Irat Properties Boustead Holdings Bhd (BHB) has proposed to acquire a 50% equity in Irat Properties Sdn Bhd for RM128 million. ... |
Sunway Construction submits listing application to Bursa Sunway Construction Group Bhd (SCG), a wholly owned subsidiary of Sunway Bhd, today submitted an application to be listed on the Main Market of Bursa ... Mudajaya unit acquires 46% stake in PT Harmoni Energy Mudajaya Group Bhd's wholly owned unit, Mudajaya Power International Sdn Bhd, has acquired a 46% stake in PT Harmoni Energy Indonesia (PT HEI). ... Tenaga confident of victory despite Integrax’s board snub Blue chip utility player Tenaga Nasional Bhd is confident of a successful bid for port operator Integrax, signalling today that its offer price will r ... EA Technique to build tugboats for Petronas Ship owner and operator of marine vessels for the oil and gas industry EA Technique Bhd is building two 60-tonne tugboats for Petroliam Nasional Bhd's ... |
New housing procedures to be implemented, says DBKL New procedures on plans consideration, additional guidelines and house renovation will be implemented starting next Friday (March 13), said Kuala Lump ... |
MIDF: RM3.5 bil contracts boost construction sector Malaysia’s construction companies received RM3.5 billion worth new jobs so far in 2015, more than double the RM1.4 billion posted in the first quart ... |
Where will the Wolf go next? We spent the last two parts of this series, meeting the Bookxcess Wolf and getting up the courage to actually spend the day with the howling book-lovi ... |
Bookxcess: Following the howl of the wolf In this three-part series KiniBiz gets to Bookxcess and the Big bad Wolf. We begin with speaking to Andrew Yap and Jacqueline Ng about how they came t ... |
RHB IB takes over and rebrands S’pore firm In a move that will reinforce RHB Banking Group’s presence in Singapore, RHB Investment Bank Bhd (RHB IB) has acquired the remaining interest in DMG ... |
Changi Airport to add massive new Terminal 5 Changi Airport's new passenger terminal is likely to be bigger than all its first three terminals combined, a media report said Wednesday. ... |
GSK said to fire 110 staff in China for misconduct GlaxoSmithKline Plc (GSK), the drugmaker that was the target of a Chinese government probe last year, is firing about 110 employees in the Asian natio ... Lloyds’ CEO paid RM64 mil as UK best-paid bank boss Lloyds Banking Group Plc’s Antonio Horta-Osorio supplanted HSBC Holdings Plc’s Stuart Gulliver as the best-paid British bank boss in 2014. ... Vodacom to consider sharing deal with Millicom, Bharti Vodacom Group Ltd, South Africa’s biggest wireless operator by subscribers, is exploring the possibility of sharing infrastructure on the continent ... |
Thai Aiways may sell assets to cover losses this year Thai Airways International PCL would sell some of its 15.5 billion baht (RM1.7 billion) of non-core assets to cover any losses this year due to one-of ... Insurers step up by having safety policies for drone pilots Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers wr ... Xiaomi plans to back 100 startups Xiaomi Corp, the world’s most valuable startup, is planning investments of its own in 100 emerging technology companies. ... |
FinancePetronas begins RM62 bil bond, sukuk drive Malaysian energy company Petronas began roadshows on Thursday to raise up to US$17 billion (RM62 billion) from conventional and Islamic bonds, or suku ... Islamic cap mart accounts for 58% of overall cap mart At RM1.6 trillion, the Islamic capital market (ICM) now accounted for 58% of the overall capital market after registering annual growth of 12% in the ... |
EconomyChina to increase public spending to avoid ‘nose-dive’ China plans to increase its public spending in order to avoid a hard landing of its economy, China's Finance Minister Lou Jiwei said Friday. ... High compatibility with China, Japan places exports at risk Malaysia’s high level of structural compatibility in trade structures with China and Japan poses risks to Malaysia’s exports, said RAM Rating Serv ... |
Where oil prices go from here Last summer, after an unusually long period of relative stability, oil prices embarked on a downward journey, decreasing by half in just six months. ... Economists’ biggest failure One of the biggest things that economists get grief about is their failure to predict big events like recessions. Back in 2008, the Queen of England t ... |
The migration opportunity LONDON – In the last year, more than 4,000 men, women, and children have lost their lives attempting to cross the Mediterranean Sea from Africa to E ... The costs of Grexit Earlier this week, the new government in Athens reached an agreement with its euro zone creditors that includes a package of immediate reforms and a f ... |
CommoditiesRubber market ends mostly higher The Malaysian rubber market ended mostly higher today on continued gains, tracking the uptrend in regional futures markets, a dealer said. ... First Gen seeks partner for RM3.7 bil LNG project The Philippines' First Gen Corp is talking with potential partners for its proposed US$1 billion (RM3.7 billion) LNG import terminal, the head of the ... |
MarketsKL shares close slightly higher Share prices on Bursa Malaysia closed slightly higher today, supported by bargain hunting in selected finance stocks after the midday break, dealers s ... Ringgit eases against US$ The ringgit eased against the US dollar in late trading on persistent strength of the greenback which hovered around an 11-year high against major cur ... |
LaunchesProton aims to sell 2,000 Exora models a month Buoyed by its success in selling 128,824 Exora multi-purpose vehicles since 2009, Proton is optimistic of selling 2,000 units of the updated Exora mod ... Acer M’sia unveils Aspire R14 notebook Acer Malaysia today introduced the Aspire R14, a unique 360-degree, dual-torque hinge design convertible two-in-one notebook. ... |
EventsMPTF 2015 kicks off at Spice tomorrow The Malaysia Premium Travel Fair (MPTF) 2015 will kick off at the Subterranean Penang International Convention and Exhibition Centre (Spice) here, sta ... Mida promotes aerospace industry as new growth area The Malaysian Investment Development Authority (Mida) is promoting the aerospace industry as a new growth area. Chief executive officer Azman Mahmud s ... |
