• Corporate & Featured and Exclusive  |  JULY 22, 2014 4:15 PM

    Maxis 2Q profits, revenues fall

    Story by
    [email protected]

    Maxis saw its year on year (y-o-y) profit before tax for the second quarter ended June 30, 2014 fall by 14% to RM635 million from RM735 million on the back of a 9% drop in revenue to RM2.08 billion during the same period.

     
  • Corporate  |  JULY 22, 2014 4:01 PM

    BMW Malaysia’s sales increase by 13% in 1H14

    Story by
    www.bernama.com

    BMW Malaysia Sdn Bhd has delivered a total of 4,274 vehicles to its customers in the first half of the year, a 13% sales increase from 3,795 vehicles delivered in the same period last year.

     
  • Corporate  |  JULY 22, 2014 3:28 PM

    CIMB downgrades brewery sector to ‘underweight’

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    [email protected]

     CIMB Investment Bank downgraded the brewery sector to underweight, citing slower consumer spending and the discretionary nature of alcohol consumption, more contraband and high saturation levels in the country which hinder long term growth, and the unattractive risk-adjusted dividend yields. …

     
  • Corporate & Economy  |  JULY 22, 2014 3:07 PM

    MAA revises up 2014 vehicle sales to 680,000 units

    Story by
    www.bernama.com

    The Malaysian Automotive Association(MAA) has revised upwards its total industry volume (TIV) forecast to 680,000 units for 2014, on the back of improving economic conditions.

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 2:49 PM

    Tony Abbott alleges evidence tampering at MH17 crash site

    Story by
    www.bernama.com

    Evidence at the crash site of Malaysia Airlines MH17 has been tampered with on an industrial scale as part of an apparent cover-up attempt, Australian Prime Minister Tony Abbott said on Tuesday.

     
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