STORIES TAGGED WITH

  • Corporate & Property  |  SEPTEMBER 17, 2014 10:25 PM

    Call for landbank fund for urban affordable housing area

    Story by
    www.bernama.com

    The Urban Well-being, Housing and Local Government Ministry has proposed the setting up a fund to buy landbanks to build affordable housing projects in urban areas. Its minister, Abdul Rahman Dahlan said this could offset escalating house prices that were …

     
  • World Biz  |  SEPTEMBER 17, 2014 10:07 PM

    Panasonic riding Tesla wave to boost battery sales

    Story by
    www.bloomberg.com

    Panasonic Corp., the supplier of lithium-ion cells that plans to help Tesla Motors Inc. build a battery factory, said cooperation with the US electric-car maker will probably boost demand from European automakers. “The development with Tesla is catching a lot …

     
  • World Biz  |  SEPTEMBER 17, 2014 9:52 PM

    FedEx rises as buyback-aided profit tops estimates

    Story by
    www.bloomberg.com

    FedEx Corp. rallied in early trading after first-quarter earnings beat analysts’ estimates as the company carried more packages, cut pension expense and benefited from completion of a record stock buyback. FedEx also reaffirmed its fiscal 2015 earnings forecast of US$8.50 …

     
  • Corporate  |  SEPTEMBER 17, 2014 9:32 PM

    PPPKAM urges govt to obey FCTC on tobacco tax

    Story by
    www.bernama.com

    The Malaysian Public Health Specialists Association (PPPKAM) urged the government to comply with its commitment in the Framework Convention on Tobacco Control (FCTC) by increasing the tax on tobacco products every year starting with Budget 2015. Its president Mohamed Rusli …

     
  • Corporate  |  SEPTEMBER 17, 2014 9:04 PM

    Cagamas’ int’l bond debut gets overwhelming response

    Story by
    www.bernama.com

    Cagamas Bhd, through its wholly-owned subsidiary, Cagamas Global PLC, today made its debut in the international bond market by successfully printing the first and largest Chinese renminbi (RMB) bond by a Malaysian issuer with a three-year 1.5 billion RMB offering …

     
  • Enterprise & Issues  |  SEPTEMBER 17, 2014 9:00 PM

    How Benithem became an exporter of high-end chairs

    Story by
    [email protected]

    Making quality chairs is much like making good char kuey teow - start with good ingredients and take it from there. In the first part of two articles, Ben Teo explains how he made the transition from frying noodles to putting chairs together for the demanding European market.

     
  • Commodities  |  SEPTEMBER 17, 2014 8:45 PM

    CPO prices close firmer on overseas demand

    Story by
    www.bernama.com

    Strong overseas demand helped push the crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives to close on a firm note today, a dealer said. Phillip Futures Sdn Bhd derivative product specialist David Ng said the performance improved amid …

     
  • Corporate  |  SEPTEMBER 17, 2014 8:20 PM

    Moody’s applauds Khazanah’s role in national development

    Story by
    www.bernama.com

    Moody’s Investors Service has commended Khazanah Nasional Bhd over the key role it plays in national development through continuous strategic investment. It said Khazanah’s leading role in the Malaysian Airlines restructuring plan illustrated the potential impact of sovereign wealth funds …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 7:30 PM

    Voon stepping down as SP Setia CEO

    Story by
    [email protected]

    SP Setia’s acting CEO (chief executive officer) and president Voon Tin Yow is resigning from his positions effective January 1, 2015, according to a filing on Bursa Malaysia today. Voon will also step down from his position as board member …

     
  • Economy  |  SEPTEMBER 17, 2014 7:12 PM

    CPI rises 3.3% to 110.5 in August

    Story by
    www.bernama.com

    The Consumer Price Index (CPI) increased 3.3% to 110.5 in August 2014 compared with 107 recorded in the same month last year, the Statistics Department said. It attributed the increase to the rise in the index for food and non-alcoholic …

     
  • Featured and Exclusive & Singapore  |  SEPTEMBER 17, 2014 7:01 PM

    S’pore sets minimum trading prices for stocks

    Story by
    www.reuters.com

    Singapore Exchange Ltd (SGX) plans to introduce a minimum trading price requirement as part of changes aimed at curbing excessive speculation on penny stocks listed on the bourse. SGX in a statement on Wednesday set a minimum trading price of …

     
  • Economy & World Biz  |  SEPTEMBER 17, 2014 6:55 PM

    Lowest UK unemployment rate in 6 years

    Story by
    www.bloomberg.com

    UK unemployment fell to the lowest in six years, indicating continued strength in the labour market that Bank of England governor Mark Carney says will eventually boost earnings. The jobless rate based on International Labour Organisation methods dropped to 6.2% …

     
  • Featured and Exclusive & Markets  |  SEPTEMBER 17, 2014 6:45 PM

    Thai market regulator seeks strict monitoring

    Story by
    www.reuters.com

    Thailand’s Securities and Exchange Commission (SEC) has asked stock market authorities and brokerage firms to strictly monitor trading in share markets, the regulator’s secretary general said on Wednesday. Vorapol Socatiyanurak said he discussed the issue with the Stock Exchange of …

     
  • Corporate & Markets  |  SEPTEMBER 17, 2014 6:45 PM

    Malaysia Airports shares lose ground on Turkish deal

    Story by
    [email protected]

    Its shares fell to a one-year low today after shareholders were alerted of news that could prove negative to its Turkish investment

     
  • Corporate  |  SEPTEMBER 17, 2014 6:43 PM

    U Mobile to add two million customers with new campaign

    Story by
    [email protected]

    Local telco U Mobile Sdn Bhd plans to add two million new subscribers to its existing pool of customers by 31st December this year via its Vision 2 Million campaign.

     
  • Corporate  |  SEPTEMBER 17, 2014 6:35 PM

    Huawei, Maju Nusa successfuly deploys MORAN system

    Story by
    [email protected]

    Huawei today announced that it has successfully deployed the multi operator radio access network (MORAN) mobile network sharing system through its partner Maju Nusa at over 127 sites across Malaysia.

     
  • Markets  |  SEPTEMBER 17, 2014 6:22 PM

    KL shares end on an easier note in cautious trading

    Story by
    www.bernama.com

    Bursa Malaysia finished on an easier note today in cautious trading, dealers said.

     
  • Economy & Featured and Exclusive  |  SEPTEMBER 17, 2014 6:19 PM

    Ringgit strengthens most in 3 weeks

    Story by
    www.bloomberg.com

    The ringgit rose the most in three weeks as a report that China is stepping up economic stimulus tempered concern a slowdown in Malaysia’s second-biggest export market will deepen.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 6:17 PM

    Deadline looms for 1MDB to lodge annual report

    Story by
    [email protected]

    1MDB has not lodged its annual report for the financial year ended March 2014 and could miss a month-end deadline under company law

     
  • Commodities  |  SEPTEMBER 17, 2014 6:04 PM

    Rubber market closes higher

    Story by
    www.bernama.com

    Malaysian rubber prices closed mostly higher today, lifted by foreign buying following the weakening of the ringgit, a dealer said.

     
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