• Economy & Enterprise  |  APRIL 20, 2014 8:23 PM

    ‘Nine programs through MaGIC to create entrepreneurs’

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    The government through the Malaysian Global Innovation and Creative Centre (MaGIC) has created nine programmes to brush up the entrepreneurial skills among youth, said Finance Ministry Secretary-General Mohd Irwan Serigar Abdullah. He said these programmes were aimed at creating the culture of entrepreneurship among …

  • Corporate & Economy  |  APRIL 20, 2014 7:00 PM

    Govt mulls temporary pipe to Sg Langat

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    The Government is considering installing a 1.5-kilometre temporary pipe from the tunnel that will supply raw water from Pahang to the Langat 2 Water Treatment Plant, to Sungai Langat in Selangor to feed water to existing water treatment plants as means to solve …

  • Corporate & Economy  |  APRIL 20, 2014 2:30 PM

    Is there a need to privatise PLUS?

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    Many politicians and analysts are in agreement that recent calls for the privatisation of Malaysia’s longest highway that stretches from the Thai border to Singapore are illogical as the North-South Expressway (NSE) was nationalised four years ago. This happened when PLUS was delisted …

  • Economy & World Biz  |  APRIL 19, 2014 1:17 PM

    TPPA talks to continue as US and Japan disagree

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    The 12 nations brokering a Pacific-rim trade deal will continue talks as the US and Japan were unable to overcome key differences in advance of a planned visit by President Barack Obama to Japan. US Trade Representative Michael Froman and …

  • Featured and Exclusive  |  APRIL 19, 2014 12:30 PM

    Remembering the Tiger of Jelutong

    This week the nation was rocked by the sudden passing of political giant Karpal Singh two days ago. Both political divides came together to remember a man who seemed like he has been in politics forever. Throughout the week we …

  • World Biz  |  APRIL 19, 2014 10:55 AM

    European bonds rise on ECB stimulus speculation

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    European government bonds advanced this week, with Italian and Irish yields falling to the lowest levels on record, as prospects of further European Central Bank stimulus fueled demand for the region’s debt securities. Portugal’s 10-year yield dropped to the least …

  • Markets  |  APRIL 19, 2014 10:47 AM

    FBM-KLCI to trend higher next week

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    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 amid positive market-moving external global events. Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said global …

  • Markets  |  APRIL 19, 2014 10:43 AM

    Ringgit likely to trade loewerr next week

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    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 dealer. The ringgit was expected to trade between 3.23 and 3.25 versus the US dollar against a …

  • Opinion  |  APRIL 19, 2014 10:05 AM

    High tech fuels real estate prices

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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.

  • Corporate  |  APRIL 18, 2014 10:25 PM

    Key Chinese leader calls on Najib

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    A Chinese key leader called on Prime Minister Najib Razak at Malaysia’s administrative capital here today, signifying a prevailing warm Malaysia-China ties. Najib received a courtesy call from Communist Party of China (CPC) Central Committee Political Bureau member Hu Chunhua …

  • Corporate & Featured and Exclusive  |  APRIL 18, 2014 9:37 PM

    Faber ink RM1.15 bil deal to buy UEM’s AFM businesses

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    The Board of Directors of Faber Group Bhd (Faber) have accepted the RM1.15 billion offer to acquire the Asset & Facility Management (AFM) businesses of its single largest shareholder, UEM Group Bhd (UEM Group). Faber entered into a conditional share …

  • Corporate  |  APRIL 18, 2014 9:26 PM

    MRCB signs Corporate Integrity Pledge

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    Malaysian Resources Corp Bhd (MRCB)today signed the Corporate Integrity Pledge (CIP), which signalled its continued commitment to maintain a

  • World Biz  |  APRIL 18, 2014 8:31 PM

    Thai Kasikornbank 1Q net profit up 18%, beats forecast

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    Kasikornbank Pcl, Thailand’s fourth-largest lender, reported a better-than-expected 18% rise in first-quarter net profit on Friday due to growth in loans to large corporate customers and lower operating costs. The bank posted a net profit of 11.9 billion baht (US$369.85 …

  • Featured and Exclusive & Opinion  |  APRIL 18, 2014 8:30 PM

    How can Yahoo be worth less than zero?

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    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 company called Yahoo Japan, and a 24 percent stake in a separate, different, soon-to-be-publicly …

  • World Biz  |  APRIL 18, 2014 8:13 PM

    Audi expects to sell half million cars in China this year

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    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, and raise the number of its Chinese dealers to 500 by 2017. Audi Chief Executive Rupert Stadler …

  • Commodities  |  APRIL 18, 2014 8:02 PM

    Gold futures still bearish on slow demand

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    Gold futures contract on Bursa Malaysia Derivatives today continued its bearish performance ahead of the weekend amid slow demand, a dealer said. “Trading was on very low volume and on low volatility range in an almost stagnant market as the New York Commodity …

  • Corporate  |  APRIL 18, 2014 8:00 PM

    MAS load factor falls to 74.1% in March

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    Malaysia Airlines’ load factor drops 4.8 percentage points to a 13-month low as MH370 tragedy takes its toll on passenger confidence

  • Commodities  |  APRIL 18, 2014 7:49 PM

    CPO futures ease on mild profit-taking

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    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 the recent rally in prices prompted some cautious traders to take profits, however, the expectations of better export numbers …

  • Corporate & Property  |  APRIL 18, 2014 7:46 PM

    Bina Puri and Titijaya Land enter JV agreement

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    Bina Puri Holdings Berhad and Titijaya Land Berhad has announced a joint venture agreement today for a mixed development project near Brickfields. According to separate statements to Bursa Malaysia today, Bina Puri Construction Sdn Bhd, a wholly-owned subsidiary of Bina …

  • World Biz  |  APRIL 18, 2014 7:45 PM

    Bangkok Bank 1Q net profit falls 0.5%; beats estimates

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    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 largest lender by assets. Net profit reached 8.97 billion baht (US$279 million) in January-March, the bank …