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Sarku Resources Sdn Bhd a wholly owned unit of oil and gas giant SapuraKencana Petroleum Bhd (SAKP) is close to securing a RM1.5 billion hook up, construction and commissioning (HUCC) job from ExxonMobil, sources say
New shareholder surfaces in TRIplc Privately held Minat Bakti Sdn Bhd has surfaced as a substantial shareholder in TRIplc Bhd, with four million shares or 6.25% equity interest in the c ... |
Perdana bags RM700 million job from Dayang Perdana Petroleum Bhd is understood to have bagged a contract for six vessels valued at between RM600 million to RM700 million, from Dayang Enterprise ... |
Guinness Anchor or Carlsberg? Guinness Anchor and Carlsberg are running neck to neck in Malaysia at the moment. KiniBiz looks at the challenges both brewers face in catering to a n ... |
The new man at the helm of Guinness Anchor Hans Essaadi, the Dutchman who has taken the helm of GAB talks about the need to engage the next generation of consumers and use social media to its a ... |
Malaysia Airlines adds daytime service to Mumbai Malaysia Airlines is increasing its frequency from Kuala Lumpur into Mumbai to 12 times weekly effective June 3 ... SEB to ensure sustainability in renewable energy projects Sarawak Energy Bhd (SEB) will continue to embed the sustainability work process for Sarawak’s renewable energy projects to ensure a balance environm ... M’sia is ‘preferred destinations’ of Muslim travellers Malaysia has been named, along with Turkey and the United Arab Emirates (UAE), as one of the “preferred destinations” of Muslim travellers, accord ... Vincent Tan plans IPO of football club Cardiff City Malaysian billionaire Vincent Tan is exploring an IPO of UK football team Cardiff City as early as this year, people with knowledge of the matter told ... |
YTL Corp 3Q pre-tax profit falls to RM541.37mil YTL Corporation Bhd's pre-tax profit fell to RM541.37 million for the third quarter ended March 31, 2013 from RM694.37 million recorded in the same pe ... UMW posts lower pre-tax profit in 1Q UMW Holdings Bhd's pre-tax profit for the first quarter ended March 31, 2013 slipped 0.9% to RM432.7 million from RM436.7 million in the same period l ... MRCB 1Q pre-tax profit falls to RM5.1mil Malaysian Resources Corporation Bhd's (MRCB) pre-tax profit fell to RM5.1 million for the first quarter ended March 31, 2013 from RM35.6 million in th ... IHHH 1Q pre-tax profit falls to RM213.588mil IHH Healthcare Bhd's pre-tax profit declined to RM213.588 million for the first quarter ended March 31, 2013 from RM218.248 million recorded in the sa ... |
Mitsubishi Motors plans to reorganize capital Mitsubishi Motors Corp. plans to reorganize its capital to help unload the worst accumulated losses in the automotive industry ... BP, Shell, Statoil face lawsuit after EU oil price probe The three oil producers under investigation by the European Commission for manipulating oil prices are being sued in a class-action lawsuit in the U.S ... Apple’s tax magic leaves Irish bondholders unmoved As Ireland’s leaders try to limit the fallout from the tax crossfire between Apple Inc. and U.S. politicians, bond markets suggest they don’t have ... |
Kmart ceased production at Bangladesh factory Kmart, the Australian discount department-store unit of Wesfarmers Ltd., said it ceased production earlier this month at a Bangladesh clothing factory ... Sony seeks to raise 150bil yen in first retail bond Sony Corp., the maker of Bravia televisions, is seeking to raise 150 billion yen (US$1.5 billion) in its first sale of bonds targeting individual inve ... Target, Macy’s sue MasterCard, Visa over card swipe fees Target Corp. and Macy’s Inc. joined with 15 other retailers in suing Visa Inc. and MasterCard Inc. over credit-card and debit-card fees after droppi ... |
FinanceEurope needs a more European UK, says Draghi LONDON – The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and ba ... Ringgit closes lower on weak buying interest The ringgit closed sharply lower against the US dollar today on weak buying interest for the local note, a dealer said. ... |
EconomyWarning signs for China, Fed hints at curbing stimulus Chinese factory activity shrank in May for the first time in seven months, overshadowing signs that the euro zone's downturn tempered slightly in Ma ... UK economy grows 0.3% on consumer spending Britain’s economy resumed growth in the first quarter as companies built up stocks and consumer spending increased, offsetting a drop in exports. ... |
Is EPF speculating with members’ money? One thing stands out from the announcement of the first quarter results of the Employees Provident Fund; the retirement repository of over 12 million ... China grapples with interest rate challenge China’s successful transformation from a middle-income country to a modern, high-income country will depend largely on the reforms that the governme ... Swaps vote another big win for big banks Click on the section of the Commodity Futures Trading Commission website about the 2010 Dodd-Frank financial-reform law and the first thing that jumps ... Japan Inc should take a look in the mirror Sony Corp’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, the former chief executive officer of Olympus Corp. ... |
The mismeasure of the prevalence of poverty In early 2012, outgoing World Bank President Robert Zoellick announced that the Millennium Development Goal of halving the global poverty rate relativ ... Moving Islamic Finance from conference rooms to humanity Syakh Akram Nadwi from Oxford Islamic Centre in Oxford, in his publication titled “General Framework for Discussion of Islamic Finance wrote “Yet, ... Open-Access Economics CANBERRA – The brouhaha over Carmen Reinhart’s and Kenneth Rogoff’s article “Growth in a Time of Debt” may be the most conspicuous and inc ... 10 things Anwar must do By now the Cabinet has been appointed and while there are fresh faces, no one I have spoken to expects any drastic changes from the norm especially as ... |
CommoditiesBP, Shell, Statoil face lawsuit after EU oil price probe The three oil producers under investigation by the European Commission for manipulating oil prices are being sued in a class-action lawsuit in the U.S ... Gold heads for best week in a month Gold swung between gains and losses as investors weighed speculation the Federal Reserve will maintain its record stimulus against a continuing declin ... Rubber rebounds, paring weekly loss Rubber rebounded from the biggest drop in a month as Japan’s currency resumed a decline against the dollar, raising the appeal of yen-denominated fu ... |
MarketsEuropean stocks decline for second day European stocks declined for a second day, after the Stoxx Europe 600 Index yesterday dropped the most in 10 months, as investors awaited data on U.S. ... Asia stocks decline on Australia banks Asian stocks declined, extending losses from the biggest decline in a year and a half, as Australian banks fell. Japan shares rose on a volatile day o ... US stocks update NEW YORK – US stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard’s shares offset worries ... |
LaunchesSunway Iskandar phase 1 to launch by early 2014 Sunway Bhd is expecting to launch the first phase of its Sunway Iskandar development project by early next year, says its CFO Chong Chang Choong. ... Yes launches world’s first Samsung 4G Chromebook YTL Corporation’s Yes launched the world’s first Samsung 4G Chromebook today. The device, exclusive to Yes, heralds the next generation of compute ... |
EventsS’pore to host 4th World Islamic Banking Conference More than 480 leading industry players, thought leaders and key regulators in the international and regional Islamic finance industry will be gatherin ... Sarawak a new hub for investment and business Inside Investor Ltd in a statement said Sarawak is the latest destination for investment and business. On June 12, the business consulting firm will h ... |
