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The fact that technology is so powerful not only makes physical land more valuable; it also means that future employment growth will be concentrated among the jobs that cannot be automated, particularly in services.
How can Yahoo be worth less than zero? Yahoo Inc is a public company consisting of a portfolio of whatever you think Yahoo is, a 35 percent stake in a separate but similar publicly traded c ... |
RM1.8 bil loss at 1MDB if not for revaluation gains? The country’s so-called strategic fund, 1Malaysia Development Fund could have made as much as RM1.8 billion in losses if not for massive revaluation ... |
RM20 billion extra value by breaking up The disadvantages of Sime Darby’s current conglomerate structure outweigh the benefits — if any. Breaking it up, even if it is hard to do, is a mu ... |
Powering Energy & Utilities forward? Sime Darby Energy & Utilities is much smaller from other, bigger divisions in terms of contributions. But its RM2 billion loss in FY10 is a lesson in ... |
Syed Mokhtar cutting losses at Albukhary University? Could Malaysia’s seventh richest man, worth billions, be looking to plug a drain on his charitable foundation’s finances? If true, it’s nothing ... |
A tale about 1MDB and CCM Tiger is a simple creature which prefers to make things easy so that everyone can relax and take a welcome snooze under a shady jungle tree after a he ... |
Key Chinese leader calls on Najib A Chinese key leader called on Prime Minister Najib Razak at Malaysia’s administrative capital here today, signifying a prevailing warm Malaysia ... Faber ink RM1.15 bil deal to buy UEM’s AFM businesses The Board of Directors of Faber Group Bhd (Faber) have accepted the RM1.15 billion offer to acquire the Asset & Facility Management (AFM) business ... MRCB signs Corporate Integrity Pledge Malaysian Resources Corp Bhd (MRCB)today signed the Corporate Integrity Pledge (CIP), which signalled its continued commitment to maintain a ... MAS load factor falls to 74.1% in March Malaysia Airlines’ load factor drops 4.8 percentage points to a 13-month low as MH370 tragedy takes its toll on passenger confidence ... |
Bina Puri and Titijaya Land enter JV agreement Bina Puri Holdings Berhad and Titijaya Land Berhad has announced a joint venture agreement today for a mixed development project near Brickfields. Acc ... RM1.8 bil loss at 1MDB if not for revaluation gains? The country’s so-called strategic fund, 1Malaysia Development Fund could have made as much as RM1.8 billion in losses if not for massive revaluation ... klia2 gets certificate of completion and compliance klia2, the world’s largest purpose-built terminal for low-cost carriers, has obtained the Certificate of Completion and Compliance (CCC) from ... CIMB’s Thai unit sees 40% jump in 1Q profits CIMB Thai Bank PCL, a 93.71% subsidiary of CIMB Group Holdings Berhad, saw a 40.8% year-on-year (yoy) jump in net profits for the 1Q14 ended March 31 ... |
Bina Puri and Titijaya Land enter JV agreement Bina Puri Holdings Berhad and Titijaya Land Berhad has announced a joint venture agreement today for a mixed development project near Brickfields. Acc ... Sunway Wellesley phase II see 50% take-up The second phase of Sunway Property’s first residential development on the mainland of Penang, Sunway Wellesley, has received overwhelming res ... |
Amcorp Properties ink agreement for Japan JV Amcorp Properties Bhd’s wholly-owned subsidiary, AmCorp Far East Ltd, has signed a co-investment agreement with Grosvenor Asia Pacific Ltd, NR ... KLCC Property eyeing up to RM1 bil asset buy KLCC Property Holdings Bhd (KLCCP) is confident of acquiring an asset worth up to RM1 billion, said Chief Executive Officer Datuk Hashim Wahir. Spea ... |
M’sian SMEs perceive themselves as socially intelligent Kelly Outsourcing & Consulting Group (KellyOCG), the outsourcing and consulting group of Kelly Services today announced the findings of its recent ... |
RM2 mil to enhance Bumi SME’s competitiveness The International Trade and Industry Ministry (MITI) has allocated RM2 million this year to enhance the competitiveness of Bumiputera small and medium ... |
European bonds rise on ECB stimulus speculation European government bonds advanced this week, with Italian and Irish yields falling to the lowest levels on record, as prospects of further European C ... Thai Kasikornbank 1Q net profit up 18%, beats forecast Kasikornbank Pcl, Thailand’s fourth-largest lender, reported a better-than-expected 18% rise in first-quarter net profit on Friday due to growth ... Audi expects to sell half million cars in China this year Volkswagen’s flagship luxury division Audi said it plans to sell half a million cars this year in China, the world’s biggest auto market, ... |
Bangkok Bank 1Q net profit falls 0.5%; beats estimates Bangkok Bank PCL on Friday reported a 0.5% fall in quarterly profit as political unrest and a slowing economy damped loan demand at Thailand’s l ... Asian shares up on easing Ukraine tensions Asian stocks climbed, with the Topix index set for its biggest weekly advance this month, amid easing tension in Ukraine. South Korea’s won rose, wh ... Facebook to alert users when friends are nearby Facebook Inc. will let people know when their friends are nearby via smartphone notifications, adding features for its growing base of mobile users. C ... |
FinanceHong Kong seen doubling yields for first sukuk Hong Kong, competing with the UK to become the first top-rated sovereign sukuk issuer, will have to offer a yield that’s almost double the rate on i ... Business financing set to pick up, says BIMB Business financing is expected to pick up, helped by key industries such as oil and gas, construction and manufacturing, despite the challenging lan ... |
Economy‘Msia-Turkey FTA to triple trade within five years’ The Malaysia-Turkey Free Trade Agreement has opened a new chapter in bilateral ties between the two countries, said Prime Minister Najib Razak. Naji ... Malaysia and Turkey sign FTA Malaysia and Turkey have entered into a bilateral Free Trade Agreement (FTA) today in Ankara, Turkey. Minister of International Trade and Industry Mus ... |
High tech fuels real estate prices The fact that technology is so powerful not only makes physical land more valuable; it also means that future employment growth will be concentrated a ... How can Yahoo be worth less than zero? Yahoo Inc is a public company consisting of a portfolio of whatever you think Yahoo is, a 35 percent stake in a separate but similar publicly traded c ... A tribute to Karpal Singh While opposition politics defined Karpal in the public eye, and as important as that was in the overall scheme of things, Karpal's role was much more ... Is Bitcoin like high-speed trading? Bitcoins have something in common with high-frequency trading: both are seen as either a huge waste of resources or a useful new technology that will ... |
The growing divide within developing economies When researchers at the McKinsey Global Institute (MGI) recently dug into the details of Mexico’s lagging economic performance, they made a remarkab ... Sentiment and sensibility in emerging markets BERKELEY – Emerging market economies have experienced hard times in recent months. Net capital flows to these economies declined by an estimated US$ ... A healthy path to Chinese consumption growth CAMBRIDGE – China’s economic policymakers want to shift the country’s production away from exports and heavy industry, and to increase the share ... Losing interest Two of the world’s most prominent economic institutions, the International Monetary Fund and Former US Treasury Secretary Larry Summe ... |
CommoditiesGold futures still bearish on slow demand Gold futures contract on Bursa Malaysia Derivatives today continued its bearish performance ahead of the weekend amid slow demand, a dealer said. &# ... CPO futures ease on mild profit-taking The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on mild profit-taking ahead of the weekend. A dealer said ... Rubber market closed for Good Friday The Malaysian rubber market is closed today in observance of Good Friday, and trading will resume on Monday, April 21. The Malaysian Rubber Board ... |
MarketsFBM-KLCI to trend higher next week The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend higher towards the 1,880 points level next week prompted by improved market sentiment am ... Ringgit likely to trade loewerr next week The ringgit is likely to trade lower against the US dollar next week as the greenback is expected to strengthen due to external factors, said a deal ... KLCI futures close higher in sync with cash market The FTSE Bursa Malaysia KLCI Futures (FKLI) contract on Bursa Malaysia Derivatives closed higher today in tandem with the positive underlying cash m ... |
LaunchesJetstar Asia launches Straight-To-Gate service in HK Jetstar Asia customers in Hong Kong will now be able to experience ‘Straight to Gate’, an enhanced web check-in service that offers customers with ... Volkswagen Passat arrives in Malaysia The Volkswagen Passat with enhanced features is now available for booking at all Volkswagen dealerships at a RM169,888 price tag. The enhanced sedan ... |
EventsProduct of the Year comes to Malaysia The Product of the Year recently hosted Jury Day for experts to examine the products that were then streamlined for final voting by 2,000 consumers in ... Islamic finance experts to share expertise in KL Industry experts are set to share their wide spectrum of expertise at the upcoming Kuala Lumpur Conference on Islamic Wealth Management & Financia ... |
