• Editor's Picks & Featured and Exclusive  |  JANUARY 31, 2015 10:00 AM

    Do we really need external audit on Putrajaya’s spending?

    by KINIBIZ

    Here are some of our best news, analyses and comments over the past week, in case you missed any.

     
  • Featured & Exclusive

    Opec Jan output rises as Iraq pumps at record pace

     JANUARY 30, 2015 10:47 PM

    The Organisation of the Petroleum Exporting Countries (Opec) oil production rose in in January as record Iraqi output helped drive prices near six-yea ...

     

    Moody’s attests M’sia on right track, says Najib

     JANUARY 30, 2015 10:33 PM by BERNAMA

    International rating agency, Moody's Investors Service's positive outlook for Malaysia is a reaffirmation that the country's economy is on the right t ...

     
    Issues

    The Liew Kee Sin puzzle

     JANUARY 26, 2015 10:15 AM

    In this five-part series of articles, KiniBiz looks at the puzzle that is Liew Kee Sin. We begin by asking if Liew’s exit will disrupt Battersea ...

     

    Profiting from a single market

     JANUARY 22, 2015 7:58 AM

    As the deadline for the full realisation of the Asean Economic Community nears, the case for integration continues to grow. In this first of two artic ...

     

    TigerTalk

    Why hasn’t anyone stopped Liew Kee Sin?

     JANUARY 30, 2015 8:00 AM by KHAIRIE HISYAM

    With various overlapping interests, Liew Kee Sin cuts a conflicted persona. Yet questions must also be asked as to who allowed him to get away with so ...

     

    Why does TNB want Integrax?

     JANUARY 29, 2015 11:37 AM by XAVIER KONG

    Tiger muses about the term power player, as well as the use of the term to describe local energy provider Tenaga Nasional Bhd. With all the speculatio ...

     
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    StockStalk

    Maybank: An opportunity to buy?

     JANUARY 30, 2015 7:30 AM by STEPHANIE JACOB

    Over the past month, Maybank has seen its share price falls 53 sen or about 6% on the back of a tough sector outlook and concerns over its exposure to ...

     

    TNB: Stars aligned, but for how long?

     JANUARY 28, 2015 7:30 AM by KHAIRIE HISYAM

    The current cheap fuel price environment is proving to be good times for state utility player Tenaga Nasional Berhad, but the question remain for how ...

     
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    Corporate

    Moody’s attests M’sia on right track, says Najib

     JANUARY 30, 2015 10:33 PM by BERNAMA

    International rating agency, Moody's Investors Service's positive outlook for Malaysia is a reaffirmation that the country's economy is on the right t ...

     

    Gadang unit to pay RM95.8 mil for Semenyih land

     JANUARY 30, 2015 8:23 PM by BERNAMA

    Gadang Holdings Bhd's indirect wholly owned subsidiary, Crimson Villa Sdn Bhd, will acquire freehold land in Semenyih, Selangor, from Sementar Propert ...

     

    FGV gets approval to set up company in Indonesia

     JANUARY 30, 2015 7:57 PM by BERNAMA

    Felda Global Ventures Holdings Bhd (FGVH) will set up a company, PT Bumi Agro Nusantara (PT BAN) in Indonesia. ...

     

    Hua Yang buys leasehold land for RM120 mil

     JANUARY 30, 2015 7:48 PM by BERNAMA

    Property developer Hua Yang Bhd, through its wholly owned subsidiary Prisma Pelangi Sdn Bhd, has acquired 3.6 hectares of leasehold land which expires ...

     

    KSL acquires land in Johor for RM90.61 mil

     JANUARY 30, 2015 7:40 PM by BERNAMA

    KSL Holdings Bhd has entered into four separate sale and purchase agreements with Indah Corp Bhd via its subsidiaries to acquire several pieces of fre ...

     

    Kimlun unit lands 2 projects from UM Land’s Dynasty View

     JANUARY 30, 2015 7:36 PM by BERNAMA

    Kimlun Corp Bhd's subsidiary, Kimlun Sdn Bhd, has accepted the award of two projects in Johor from Dynasty View Sdn Bhd, with collective contract valu ...

     

    M’sia M3 grows 7% in Dec

     JANUARY 30, 2015 6:59 PM by BERNAMA

    In a statement, the central bank said growth was mainly on account of credit extension to the private sector by the banking system, and higher net cla ...

     

    MK Land inks JV agreement with Mammoth Empire

     JANUARY 30, 2015 6:53 PM by BERNAMA

    MK Land Holdings Bhd's wholly owned subsidiary, Saujana Triangle Sdn Bhd, has entered into a joint development agreement with Mammoth Empire Land Sdn ...

     
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    Property

    1MDB said mulling property sales to cut huge debt burden

     JANUARY 30, 2015 4:07 PM by REUTERS

    1Malaysia Development Bhd (1MDB), a state firm, may look at selling some property assets as part of its new CEO's plan to overhaul the company and sla ...

     

    Rehda calls to ease affordable housing purchase

     JANUARY 29, 2015 7:10 PM by BERNAMA

    Real Estate and Housing Developers' Association Malaysia (Rehda) has called for measures to be introduced to ease affordable housing purchase. ...

     
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    Enterprise

    Wee: ICT adoption among SMEs still lags behind

     JANUARY 29, 2015 6:45 PM by BERNAMA

    The adoption of information and communication technology (ICT) as an integral part of doing business among small and medium enterprises (SMEs) is stil ...

     

    BOH produces limited Palas Supreme Tea for WEF

     JANUARY 26, 2015 8:09 PM by BERNAMA

    BOH Plantations Sdn Bhd has produced specially designed Palas Supreme tea canisters in conjunction with the 2015 World Economic Forum (WEF) Annual M ...

     
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    Singapore

    Ezra increases loan financing for new vessel

     JANUARY 30, 2015 6:23 PM by REUTERS

    Ezra Holdings Ltd, a Singapore-listed oilfield service company, said it has successfully closed an increased loan facility to finance the building of ...

     

    S’pore’s unemployment remains low for Dec 2014

     JANUARY 30, 2015 3:28 PM by BERNAMA

    Unemployment in Singapore remained low in December last year with more local employed, while foreign worker growth continued to moderate, according to ...

     
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    World Biz

    How Greece can run out of cash and what Draghi can do

     JANUARY 31, 2015 9:37 PM

    As talks between Greece’s new government and its euro-area partners turn confrontational, Mario Draghi may soon find himself with an unpleasant dile ...

     

    Crown scraps US$400 mil Sri Lanka resort on casino ruling

     JANUARY 31, 2015 9:25 PM

    Crown Resorts Ltd., the Australian casino company controlled by billionaire James Packer, said it won’t proceed with a planned US$400 million develo ...

     

    US Q4 economic growth slows to 2.6% pace

     JANUARY 31, 2015 9:40 AM

    US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spen ...

     

    US oil surges 8% on drop in oil rig count

     JANUARY 31, 2015 9:16 AM

    Oil prices rallied on Friday following the sharpest weekly drop in US oil rig count in nearly 30 years, while the dollar index ended January with it ...

     

    Chevron Q4 profit falls to lowest since 2009

     JANUARY 30, 2015 10:58 PM by BLOOMBERG

    Chevron Corp said its quarterly profit dropped to the lowest in half a decade as collapsing global crude markets spurred billions of dollars in oil in ...

     

    MasterCard Q4 profit beats expectations

     JANUARY 30, 2015 10:41 PM by REUTERS

    MasterCard Inc, the world's number two debit and credit card company, reported a better-than-expected profit for the holiday shopping quarter as custo ...

     
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    Finance

    Ringgit to consolidate and retrace back near 3.60

     JANUARY 31, 2015 10:35 AM

    The ringgit is expected to consolidate next week and retrace back near the 3.60 level, but the case for further pressure remains. The ringgit has be ...

     

    M’sia bonds complete biggest monthly advance since 2008

     JANUARY 30, 2015 5:37 PM by BLOOMBERG

    Malaysia’s 10-year bonds posted the biggest monthly increase since 2008 as global financial turmoil and slowing economic growth boosted demand for t ...

     
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    Economy

    Moody’s attests M’sia on right track, says Najib

     JANUARY 30, 2015 10:33 PM by BERNAMA

    International rating agency, Moody's Investors Service's positive outlook for Malaysia is a reaffirmation that the country's economy is on the right t ...

     

    M’sia M3 grows 7% in Dec

     JANUARY 30, 2015 6:59 PM by BERNAMA

    In a statement, the central bank said growth was mainly on account of credit extension to the private sector by the banking system, and higher net cla ...

     
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    Opinion

    Central bankers, unite!

     JANUARY 30, 2015 1:55 PM by WILLIAM PESEK

    This week’s panicky move by Singapore's central bank shows why it may be time for another round of currency talks. 13 days after the Swiss National ...

     

    A tall order for McDonald’s

     JANUARY 30, 2015 12:45 PM by BLOOMBERG

    The McFamily is losing its McFather. After only two and a half years at the helm, McDonald's chief executive officer Don Thompson is stepping down. Fi ...

     

    Why Europe will cave to Greece

     JANUARY 29, 2015 2:31 PM by CLIVE CROOK

    A prediction for you: Greece and the European Union will split the difference in their quarrel over debt relief. What’s uncertain is how their ...

     

    The euro zone needs more than QE

     JANUARY 29, 2015 2:00 PM by MARTIN FELDSTEIN

    CAMBRIDGE – Although the European Central Bank has launched a larger-than-expected programme of quantitative easing (QE), even its advocates fear ...

     
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    Commodities

    Tin price on KLTM to stay at current level

     JANUARY 31, 2015 11:53 AM

    Tin price on the Kuala Lumpur Tin Market (KLTM) is likely to stay at the current level following the strengthening of the US dollar, a dealer said. ...

     

    Gold futures on Bursa to remain bearish

     JANUARY 31, 2015 11:26 AM

    Gold futures contracts on Bursa Malaysia Derivatives are likely to remain bearish next week amid concern over the US interest rates hike, said deale ...

     
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    Markets

    Bursa to trade mix with easier buying

     JANUARY 31, 2015 10:24 AM

    Bursa Malaysia is expected to trade mix with easier buying next week on the back of stronger US dollar and declining oil prices. The Greece election ...

     

    Ringgit leads Asian currencies losses; drops 3.6% in Jan

     JANUARY 30, 2015 8:45 PM by BLOOMBERG

    Asia’s emerging market currencies retreated for a fifth month, the longest run of declines since the region’s financial crisis in 1998, as monetar ...

     
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    Launches

    Firefly launches FlyPremier

     JANUARY 30, 2015 6:32 PM by KINIBIZ

    Firefly launched its latest service today, called FlyPremier, which is designed to cater to the needs of frequent travellers. FlyPremier allows guests ...

     

    Honda launches 3 CR-V variants

     JANUARY 21, 2015 6:08 PM by BERNAMA

    Honda Malaysia today launched the new CR-V in three variants, including the 2.0-litre two-wheel drive (2WD) which is expected to make up more than 5 ...

     
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    Events

    UBM, Interexpo tie-up to organise Beauty Expo 2015

     JANUARY 28, 2015 3:55 PM by BERNAMA

    UBM Malaysia has entered into a strategic partnership with Interexpo (M) Sdn Bhd to organise the latter's annual Beauty Expo in Malaysia starting from ...

     

    Cityscape set to open In Malaysia

     JANUARY 28, 2015 11:40 AM by NESA SIVAGNANAM

    Real estate developers, private and institutional investors, architects, consultants, real estate solution providers, cities and regional agencies wil ...

     
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