• Corporate  |  DECEMBER 19, 2014 4:32 PM

    MBAM lauds govt’s decision to extend workers under 6P

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    The Master Builders Association Malaysia (MBAM) has expressed appreciation over the government decision’s to extend the permit of the foreign workers registered under 6P Programme for another year.

  • Opinion  |  DECEMBER 19, 2014 4:30 PM

    A new direction for global health

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    NEW YORK – It is easy to be discouraged about the state of international cooperation today, but global health remains an area in which the world has come together to do significant good. Over the last dozen years, international initiatives …

  • World Biz  |  DECEMBER 19, 2014 4:27 PM

    Samsung Electronics may raise 2014 dividend by 50%

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    South Korea's Samsung Electronics Co Ltd said on Friday it's considering lifting its 2014 dividend payout by up to 50%, its latest attempt to boost its share price in a year plagued by disappointing earnings.

  • World Biz  |  DECEMBER 19, 2014 4:17 PM

    Football pitch intruders profit from YouTube

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    Since the trio took to the field during Tottenham’s Europa League game with Serbia’s FK Partizan on Nov 27, a video posted by TrollStation, a YouTube Inc channel the men are associated with, has attracted more than 750,000 views and with it a share of revenue from advertisers.

  • World Biz  |  DECEMBER 19, 2014 4:05 PM

    BP faces RM2.6 bil loss from stake in Russia’s Rosneft

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    BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.

  • Corporate  |  DECEMBER 19, 2014 3:46 PM

    RM72 mil for Bumiputera professional development

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    Prime Minister Najib Abdul Razak today announced that the Yayasan Peneraju Pendidikan Bumiputera will allocate RM72 million for the development of about 5,000 Bumiputeras next year.

  • Markets  |  DECEMBER 19, 2014 3:43 PM

    KL shares higher at mid-afternoon

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    Share prices on Bursa Malaysia were higher at mid-afternoon today on increased buying support for selected blue chips, dealers said.

  • World Biz  |  DECEMBER 19, 2014 3:39 PM

    Tycoon Thomas Kwok guilty of conspiracy with HK official

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    Thomas Kwok, the billionaire co-chairperson of Sun Hung Kai Properties Ltd, was convicted along with Rafael Hui, Hong Kong’s former number two official, of conspiracy to commit misconduct in public office.

  • Economy & Featured and Exclusive  |  DECEMBER 19, 2014 3:22 PM

    BNM likely to cut OPR in 2015, says UBS

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    Bank Negara Malaysia (BNM) is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation.

  • Commodities & Featured and Exclusive  |  DECEMBER 19, 2014 3:08 PM

    Difficult for Opec to give up market share, says Saudi

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    Saudi Arabia and the Organisation of the Petroleum Exporting Countries (Opec) would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister said.

  • Opinion  |  DECEMBER 19, 2014 2:49 PM

    Putting deflation first

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    CAMBRIDGE – The European Central Bank is moving, hesitantly but ineluctably, towards quantitative easing. The threat of deflation – and the ineffectiveness of its previous measures – leaves it no choice. The question is whether the ECB will be able …

  • Corporate  |  DECEMBER 19, 2014 2:44 PM

    Might, MGTC ink MoU to boost green initiatives

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    The Malaysia Industry-Government Group for High Technology (Might) has signed a memorandum of understanding (MoU) with Melaka Green Technology Corporation (MGTC) to intensify their green initiative in the Industry Driven Smart Communities Programme.

  • Singapore  |  DECEMBER 19, 2014 2:33 PM

    BOC Aviation orders 2 more Boeing aircraft

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    Boeing and Singapore-based BOC Aviation have finalised an order for two additional 737-800s, valued at US$186 million (RM644.8 million) at current list prices.

  • Corporate  |  DECEMBER 19, 2014 2:22 PM

    MAS’ Enrich offers promo with

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    Malaysia Airlines' (MAS) frequent-flyer programme, Enrich, has signed an agreement with which will enable Enrich members to earn triple Enrich Miles for car rental.

  • Singapore  |  DECEMBER 19, 2014 2:10 PM

    Tata, SIA’s JV – Air Vistara to take off on Jan 9

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    Singapore Airlines Ltd's Indian joint venture with the Tata conglomerate, Vistara, will start flying from Jan 9, 2015, the airlines said.

  • Commodities & Featured and Exclusive  |  DECEMBER 19, 2014 1:57 PM

    Lower oil prices to boost Asian demand growth in 2015

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    Overall, refining margins will improve to US$4.50 a barrel next year, from this year's US$4.30, Lim added. The increase could have been higher if not for a slowdown in China's economic growth and refinery capacity additions globally, he said.

  • Economy & Featured and Exclusive  |  DECEMBER 19, 2014 1:42 PM

    Russia contagion to Asia seen limited by policy shifts

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    With shrinking current account deficits, cheaper oil, and higher reserves in their favour, the biggest Southeast and South Asian economies may see a situation more akin to 2002, when disasters in Argentina and Turkey failed to trigger crises in the region.

  • Issues & TigerTalk  |  DECEMBER 19, 2014 1:28 PM

    Is Christoph Mueller the right man for MAS?

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    Khazanah has settled on Christoph Mueller as its CEO-designate for Malaysia Airlines. And although Tiger frowns on criticising his appointment merely because he is a foreigner, there are several concerns that need to be addressed -- mainly the fact that he is not coming into job immediately or even in January and his apparent unwillingness to resign from his positions on two boards in Ireland.

  • Commodities  |  DECEMBER 19, 2014 1:22 PM

    KLTM falls sharply to US$19,100

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    The Kuala Lumpur Tin Market (KLTM) fell sharply by US$400 today to close at a two-year four-month low of US$19,100 a tonne, dampened by the weak metals market, a dealer said.

  • Corporate, Economy, Markets  |  DECEMBER 19, 2014 1:18 PM

    KWAP bets on local securities

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    Malaysia’s second-biggest pension fund is reducing cash holdings and buying more of the nation’s bonds and stocks, said chief executive officer Wan Kamaruzaman Wan Ahmad, adding that he sees little risk in emerging markets.