STORIES TAGGED WITH

  • Corporate  |  APRIL 24, 2014 4:28 PM

    UEM Sunrise optimistic on Aussie property projects

    Story by
    www.bernama.com

    UEM Sunrise Bhd is optimistic about its property development projects in Australia, said executive director Izzaddin Idris. “We are optimistic about our particular development because the two parcels of land we recently acquired are actually quite close to each other. We are now in …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 4:24 PM

    MAHB gains from double-digit boom in air travel

    Story by
    [email protected]

    The airport operator reports higher operating revenue in 1Q14 but earnings were flat on higher costs, including government charges

     
  • World Biz  |  APRIL 24, 2014 4:10 PM

    Adidas to move some output from strike-hit China factory

    Story by
    www.bloomberg.com

    Adidas AG is moving some production away from Yue Yuen Industrial Holdings Ltd’s shoe factory in Dongguan, China, where a strike over benefits and pay disrupted output for a ninth day. “In order to minimize the impact on our operations, …

     
  • Corporate  |  APRIL 24, 2014 4:00 PM

    UEM Sunrise to identify new MD, CEO within a month

    Story by
    www.bernama.com

    UEM Sunrise Bhd will identify a new managing director (MD) and chief executive officer (CEO) within a month, said chairman, Ahmad Tajuddin Ali. He said a special committee had been set up to find a replacement for Wan Abdullah Wan …

     
  • Corporate  |  APRIL 24, 2014 3:47 PM

    Nestle to raise manufacturing capacity to 75% in Q4

    Story by
    www.bernama.com

    Nestle (M) Bhd will see an increase of 75% in manufacturing capacity for its ready-to-drink segment when the company’s Sri Muda factory is completed in 2014 fourth quarter. Its finance and control executive director Marc Seiler said the Sri Muda facility started, construction …

     
  • Markets  |  APRIL 24, 2014 3:33 PM

    Share prices lower at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia remained low at mid-afternoon on weaker buying power against selling pressure, dealers said. At 3:05pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was quoted 2.02 points lower at 1,865.33 points. Market breadth was negative as losers outpaced …

     
  • Enterprise  |  APRIL 24, 2014 3:31 PM

    TM aims to raise ICT awareness among SMEs

    Story by
    www.bernama.com

    Telekom Malaysia Bhd (TM) aims to create more awareness of the importance of information and communications technology among small and medium enterprises (SMEs) to boost their business to a higher level. TM executive vice president, SMEs Azizi A Hadi said that SMEs contribute significantly …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 3:31 PM

    Breaking up Sime Darby unlocks value, says UOB

    Story by
    [email protected]

    Spinning off Sime Darby’s core businesses into separately listed entities would enhance the group’s valuation, said UOB Kay Hian.

     
  • World Biz  |  APRIL 24, 2014 3:26 PM

    Heineken’s Q1 revenue exceeds analysts’ estimates

    Story by
    www.bloomberg.com

    Heineken NV, the world’s third-biggest brewer, reported sales that advanced more than analysts estimated, as demand for its namesake beer surged in markets including Nigeria and Brazil. Revenue gained 3.4%, compared with the 2.9% median estimate of 12 analysts surveyed …

     
  • World Biz  |  APRIL 24, 2014 3:14 PM

    Unilever sales top estimates; may sell Ragu, SlimFast

    Story by
    www.reuters.com

    Consumer goods maker Unilever reported higher-than-expected first-quarter underlying sales on Thursday, despite a later Easter holiday and a slowing in some emerging markets. The Anglo-Dutch maker of Ben & Jerry’s ice cream, Dove soap and Lipton tea also announced a strategic review of its …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 3:10 PM

    Eco World shares suspended after record high

    Story by
    [email protected]

    Property developer Eco World Development Group Berhad is suspended from trading after the noon break today, one day after hitting record highs yesterday. Eco World requested the suspension, which will be in place until 5.00pm today, pending a material announcement. …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 3:00 PM

    M’sian plantation stocks ‘ripe for re-rating’

    Story by
    [email protected]

    Bursa-traded plantation stocks are inexpensive compared to their Indonesian counterparts after a rally in Jakarta-listed plantation counters

     
  • Corporate  |  APRIL 24, 2014 2:57 PM

    MAI to hold automotive GST seminar in 3 other regions

    Story by
    www.bernama.com

    The Malaysia Automotive Institute (MAI) plans to take the “Automotive Info Talk” on the Goods and Services Tax (GST) to other regions outside the Klang Valley, said its general manager–after sales development division, Cho Chee Seng. He said the seminars would be …

     
  • Corporate  |  APRIL 24, 2014 2:37 PM

    Malindo launches daily flights to Bangkok

    Story by
    www.bernama.com

    Malindo Air launched daily flights to Bangkok, Thailand today, and took to the air offering free seats. The offer excludes airport taxes and is valid for one-way only. The hybrid airline said its KLIA-Don Mueang flight will depart at 12.40pm and from …

     
  • Corporate  |  APRIL 24, 2014 2:33 PM

    Maybank bags two corporate responsibility awards

    Story by
    www.bernama.com

    Malayan Banking Bhd (Maybank) bagged the Best Sustainability Report award at the Asean Corporate Sustainability Awards 2014 held in Manila, the Philippines recently. This is alongside the Platinum award for Excellence in Provision of Literacy & Education at the Global CSR Awards 2014 …

     
  • Corporate  |  APRIL 24, 2014 2:29 PM

    RAM reaffirms AA1/stable ratings on YTL Corp

    Story by
    www.bernama.com

    RAM Ratings has reaffirmed the AA1/stable ratings of YTL Corp Bhd’s RM500 million Medium Term Note (MTN) programme and MTN programme of up to RM2 billion. In a statement today, RAM Ratings said the ratings were reflective of YTL Corp’s diversified income, given …

     
  • Corporate & Finance  |  APRIL 24, 2014 2:22 PM

    Ringgit to trend lower by year-end

    Story by
    www.bernama.com

    The ringgit is expected to trade lower towards the year-end due to the outflow of emerging currencies, including the local unit, to the United States and Europe following the economic improvement in both countries, says Malaysian Institute of Economic Research (MIER). Executive director …

     
  • Corporate  |  APRIL 24, 2014 1:37 PM

    Genting pays RM3.2 mil to join NY gaming selection

    Story by
    [email protected]

    Genting Malaysia Bhd is now part of the selection process for a gaming facility in New York after paying an application fee of US$1 million (RM3.26 million) to the New York State Gaming Commission. In a regulatory filing, Genting Malaysia …

     
  • World Biz  |  APRIL 24, 2014 1:31 PM

    Hyundai profit misses estimates

    Story by
    www.bloomberg.com

    Hyundai Motor Co reported profit that missed analysts’ estimates, illustrating how Asia’s fastest-appreciating currency in the past year threatens to set back corporate earnings for exporters. The shares fell. Net income dropped 0.9% to 1.93 trillion won (RM6.1 billion) in …

     
  • Markets  |  APRIL 24, 2014 1:15 PM

    KL shares extend losses at mid-day, CI down 1.31 points

    Story by
    www.bernama.com

    Shares on Bursa Malaysia continued their downtrend at mid-day today with the FTSE Bursa Malaysia KLCI (FBM KLCI)at 1,866.04, down 1.31 points. The benchmark index had hovered between 1,863.51 points and 1,866.25 points during the morning session. Hong Leong Investment Bank Research said …

     
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