STORIES TAGGED WITH

  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 7:08 PM

    US firms stash RM7.6 tril overseas to avoid taxes

    Story by
    www.bloomberg.com

    Microsoft Corp, Apple Inc, Google Inc, and five other tech firms now account for more than a fifth of the US$2.1 trillion in profits that US companies are holding overseas, according to a Bloomberg News review of the securities filings of 304 corporations.

     
  • TigerTalk  |  MARCH 4, 2015 7:07 PM

    Putrajaya should do like Penang and give free WiFi

    Story by
    [email protected]

    Today, the Penang state government announced that Penangites will now have access to 1Mbps WiFi speeds for free. Tiger wonders when Kuala Lumpur will progress to this level and offers a few ideas for Putrajaya to do this in the capital city.

     
  • Featured and Exclusive, Property, World Biz  |  MARCH 4, 2015 7:03 PM

    ‘UK properties haven for dirty market’

    Story by
    www.bloomberg.com

    Foreign companies that buy property in the UK should have to disclose who their real owners are to minimize the risk that dirty money is used for the purchase, according to a report from Transparency International UK.

     
  • Commodities  |  MARCH 4, 2015 6:11 PM

    Rubber market closes higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed higher today despite lower rubber prices on the Tokyo Commodity Exchange (Tocom), a dealer said.

     
  • Corporate  |  MARCH 4, 2015 6:08 PM

    Ministry forms focus group to chart timber industry growth

    Story by
    www.bernama.com

    The Plantation Industries and Commodities Ministry has formed a focus group to help the timber industry chart its growth and achieve its targets, its minister Douglas Uggah Embas said.

     
  • Commodities  |  MARCH 4, 2015 6:04 PM

    Rubber market closes higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed higher today despite lower rubber prices on the Tokyo Commodity Exchange (TOCOM), a dealer said.

     
  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 6:00 PM

    RBS said to cut 14,000 IB jobs

    Story by
    www.bloomberg.com

    Royal Bank of Scotland Group Plc (RBS) might cut as many as 14,000 investment banking jobs, or more than two-thirds of its workforce, as part of a plan to focus on the UK consumer market, a person with knowledge of the matter said.

     
  • Markets  |  MARCH 4, 2015 5:41 PM

    Ringgit ends lower against US dollar

    Story by
    www.bernama.com

    The ringgit eased against the US dollar in late trading today as the greenback firmed up in most overseas markets due to a stronger buying support, a trader said.

     
  • Corporate  |  MARCH 4, 2015 5:34 PM

    Ford sees no GST impact on introduction of new models

    Story by
    www.bernama.com

    The implementation of the Goods and Services Tax (GST) next month will not impact Ford Motor Co's plan to continue introducing new models in Malaysia.

     
  • Markets  |  MARCH 4, 2015 5:30 PM

    KL shares end higher on last-minute bargain hunting

    Story by
    www.bernama.com

    Last minute bargain hunting in selected finance counters lifted share prices to end slightly higher on Bursa Malaysia today, dealers said.

     
  • World Biz  |  MARCH 4, 2015 5:20 PM

    Alibaba buys stake in film producer

    Story by
    www.bloomberg.com

    Alibaba Group Holding Ltd purchased a 2.4 billion yuan (RM1.4 billion) stake in Chinese film company Beijing Enlight Media Co as the e-commerce giant expands its television and entertainment offerings.

     
  • Corporate  |  MARCH 4, 2015 5:11 PM

    RM2.4 bil revenue lost due to cigarette, liquor smuggling

    Story by
    www.bernama.com

    The country loses about RM1.9 billion in revenue annually as a result of cigarette smuggling activities and another RM500 million on revenue from unpaid duty for smuggled liquor.

     
  • World Biz  |  MARCH 4, 2015 5:04 PM

    StanChart profit drops 30%, retains dividend

    Story by
    www.bloomberg.com

    Standard Chartered Plc, the Asia-focused lender that hired Bill Winters as its chief executive officer last week, posted a 30% drop in full-year profit, while saying capital will rise enough to leave the dividend unchanged.

     
  • Corporate & Featured and Exclusive  |  MARCH 4, 2015 4:55 PM

    EPF’s Kwasa Land to reap RM65 mil from Project R3-2

    Story by
    www.bernama.com

    Kwasa Land Sdn Bhd is expected to reap a total income of RM65 million, equivalent to RM170 per square foot inclusive of the revenue guarantee, upon completion of Project R3-2, its first bumiputera residential development.

     
  • Corporate & Featured and Exclusive  |  MARCH 4, 2015 4:45 PM

    Track 4A not likely to be delayed, opines AmResearch

    Story by
    [email protected]

    A reported setback for Tenaga Nasional Berhad’s Track 4A power project in Johor wouldn't lead to a delay in the start of commercial operations, opined AmResearch today, tipping the power plant to begin operations as scheduled in 2018.

     
  • Corporate  |  MARCH 4, 2015 4:42 PM

    Penangites to get 1Mbps free WiFi

    Story by
    www.malaysiakini.com

    Penangites can now enjoy up to a 100% increase in internet speed following the state government’s upgrading of the bandwidth by 400%.

     
  • Featured and Exclusive & Markets  |  MARCH 4, 2015 4:34 PM

    Ringgit falls on speculation of BNM rate cut

    Story by
    www.bloomberg.com

    Malaysia’s ringgit dropped to the lowest level in more than a week after interest rate cuts in India and China spurred speculation the Southeast Asian nation’s central bank will take similar steps.

     
  • Corporate & Featured and Exclusive  |  MARCH 4, 2015 4:21 PM

    Despite Tenaga’s revised offer, Integrax wants more

    Story by
    [email protected]

    Port operator Integrax Berhad’s major shareholders are holding out for a higher offer from state utility Tenaga Nasional Berhad (TNB) despite the latter already raising its offer price to take over the company by 18% last week.

     
  • Corporate, Economy, Featured and Exclusive  |  MARCH 4, 2015 4:19 PM

    IMF praises M’sia on its economic policies

    Story by
    www.bernama.com

    The executive board of the International Monetary Fund (IMF) has praised Malaysia’s impressive strides in economic development, saying they are the outcome of comprehensive initiatives to boost investment, improve infrastructure and upgrade human capital

     
  • Corporate  |  MARCH 4, 2015 4:13 PM

    DiGi targets higher customer mobile Internet usage

    Story by
    [email protected]

    DiGi.Com Bhd is targeting higher customer mobile Internet usage over the next three years, its chief executive officer (CEO) designate Albern Murty told media today. “We plan to have 80% to 85% of our customers on the Internet in three …

     
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