• Corporate  |  MARCH 27, 2015 7:07 PM

    Berjaya Corp 3Q15 pre-tax profit jumps to RM1.1 bil

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    Berjaya Corp Bhd's pre-tax profit for the third quarter ended Jan 31 2015 (3Q15) jumped to RM1.1 billion from RM162.91 million in the same period last year.

  • Corporate  |  MARCH 27, 2015 6:59 PM

    Silk Holdings trims pre-tax loss to RM1.32 mil in 2Q15

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    Silk Holdings Bhd's trimmed its pre-tax loss to RM1.32 million in the second quarter of the current financial year ended Jan 31, 2015 (2Q15), against a pre-tax loss of RM3.03 million recorded in the same quarter in 2014.

  • Corporate  |  MARCH 27, 2015 6:53 PM

    Prestariang wins RM29 mil contract from IRB

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    Prestariang Bhd's wholly-owned unit, Prestariang Systems Sdn Bhd (PSSB), has received a Letter of Award (LOA) from the Inland Revenue Board (IRB) worth RM29.99 million.

  • Corporate  |  MARCH 27, 2015 6:47 PM

    Yinson FY15 pre-tax profit rises to RM278.9 mil

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    Yinson Holdings Bhd's pre-tax profit rose to RM278.9 million for the financial year ended Jan 31, 2015 from RM152.07 million recorded in the previous financial year.

  • Commodities  |  MARCH 27, 2015 6:42 PM

    Rubber market closes lower on lack of demand

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    The Malaysian rubber market closed lower today on lack of demand.

  • Corporate  |  MARCH 27, 2015 6:40 PM

    Domino’s Pizza eyes 12% growth in 2015 revenue

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    Domino's Pizza Malaysia is eyeing a 12% growth in revenue this year, spurred by potential sales following its latest product introduction and lower price strategy under the #PaySameOrLess campaign.

  • Markets  |  MARCH 27, 2015 6:30 PM

    Ringgit closes lower against the US dollar

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    The ringgit closed lower against the US dollar on lack of demand for the local note.

  • Markets  |  MARCH 27, 2015 5:50 PM

    KL shares end lower

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    Shares on Bursa Malaysia ended lower today as traders trimmed their positions ahead of the weekend amid cautious external environment, dealers said.

  • Corporate & Featured and Exclusive  |  MARCH 27, 2015 5:37 PM

    MOF creates special task force for 1MDB’s strategic review

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    The Ministry of Finance, in its capacity as the 100% shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company's strategic review.

  • Corporate & Markets  |  MARCH 27, 2015 4:46 PM

    MAHB completes inaugural rights issue

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    Malaysia Airports Holdings Bhd (MAHB) has completed its inaugural rights issue following the listing of and quotation for its 275,308,267 shares on the Main Market of Bursa Malaysia Securities Bhd today.

  • Corporate  |  MARCH 27, 2015 4:29 PM

    AirAsia X confident of turnaround this year

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    Long-haul budget carrier AirAsia X Bhd is optimistic of making a turnaround this year with the implementation of a capacity management and restructuring exercise.

  • Economy & World Biz  |  MARCH 27, 2015 4:05 PM

    US Senate passes budget with deep spending cuts

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    The US Senate early on Friday passed a Republican-authored budget plan that seeks US$5.1 trillion (RM18.9 trillion) in domestic spending cuts over 10 years while boosting military funding, putting Congress on a path to complete its first full budget in six years.

  • Corporate  |  MARCH 27, 2015 3:53 PM

    Matrade expects 2015 trade with Kuwait to be at 2014 level

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    Bilateral trade between Malaysia and Kuwait is expected to maintain the 2014 level this year due to the global economic uncertainties, Malaysia External Trade Development Corporation (Matrade) deputy chief executive officer Dzulkifli Mahmud said.

  • Markets  |  MARCH 27, 2015 3:32 PM

    KL shares easier at mid-afternoon, BAT down RM1.32

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    Bursa Malaysia were easier at mid-afternoon today on losses in British American Tobacco (BAT) and TNB.

  • Corporate  |  MARCH 27, 2015 3:27 PM

    Shareholders okay Faber name change to UEM Edgenta

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    Faber Group Bhd, the assets management arm of UEM Group, will be renamed UEM Edgenta Bhd following the go-ahead from its shareholders today.

  • World Biz  |  MARCH 27, 2015 3:15 PM

    Citigroup in final talks to sell Japanese credit-card unit

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    Citigroup Inc is in final talks to sell its Japanese credit-card unit to Sumitomo Mitsui Trust Holdings Inc for at least 40 billion yen (RM1.2 billion ), people familiar with the matter said.

  • Commodities  |  MARCH 27, 2015 2:20 PM

    KLTM continues downtrend, closes US$200 lower

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    The Kuala Lumpur Tin Market (KLTM) continued its downtrend on lack of buying support to close US$200 lower at US$17,150 per tonne on lack of buying interest, a dealer said.

  • Economy & World Biz  |  MARCH 27, 2015 1:51 PM

    China’s Jan-Feb industrial profit falls 4.2%

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    Industrial firms made a combined profit of 745.2 billion yuan (RM450.4 billion) in January-February, the National Bureau of Statistics said on Friday.

  • Corporate  |  MARCH 27, 2015 1:42 PM

    Three research houses downgrade Gamuda

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    Gamuda Bhd was downgraded to hold or neutral by three research houses today, on the back of slower property sales due to oversupply in the Iskandar region and delays in Mass Rapid Transit Line 2 (MRT2) contract rollouts.

  • Featured and Exclusive & World Biz  |  MARCH 27, 2015 1:30 PM

    Brand it like Beckham: David Beckham products to hit China

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    David Beckham-branded products are set to head to China when the British soccer star’s Hong Kong joint venture partner rolls out its goods in a few months.