• Corporate  |  NOVEMBER 21, 2014 6:11 PM

    Pharmaniaga’s 3Q14 pre-tax profit rises to RM24.95 mil

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    Pharmaniaga Bhd's pre-tax profit rose to RM24.95 million in the third quarter ended Sept 30, 2014 (3Q14) from the RM13.46 million posted in the same period a year ago.

  • Economy & World Biz  |  NOVEMBER 21, 2014 5:51 PM

    ECB ready to raise inflation rates, says Draghi

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    The European Central Bank (ECB) is ready to act in a timely manner if low inflation persists, ECB president Mario Draghi said on Friday.

  • Corporate  |  NOVEMBER 21, 2014 5:48 PM

    Pos Malaysia to grow courier service business

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    Pos Malaysia Bhd will focus on its courier services segment to cater to an expanding market, said group chief executive Officer, Iskandar Mizal Mahmood.

  • Markets  |  NOVEMBER 21, 2014 5:44 PM

    Rubber market closes lower

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    The Malaysian rubber market closed lower today due to the stronger ringgit against the US dollar, a dealer said.

  • Corporate  |  NOVEMBER 21, 2014 5:41 PM

    Suria KLCC proposes RM600 mil sukuk programmes

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    Suria KLCC Sdn Bhd, a unit of KLCC Property Holdings Bhd (KLCCP), is planning to raise up to RM600 million via Islamic bond programmes.

  • Markets  |  NOVEMBER 21, 2014 5:38 PM

    Ringgit closes higher against US$

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    The ringgit closed higher against the US dollar today after three straight days of losses, as investors began to return to emerging Asian currencies, dealers said.

  • Corporate & Featured and Exclusive  |  NOVEMBER 21, 2014 5:28 PM

    Najib threatens to sue Tony Pua over 1MDB

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    Prime Minister Najib Abdul Razak has threatened to sue DAP lawmaker Tony Pua over his remarks regarding controversial financial dealings of the government-owned 1Malaysia Development Berhad (1MDB).

  • Issues  |  NOVEMBER 21, 2014 5:04 PM

    For Putrajaya’s PFI, RM23 bil strangely spent in silence

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    A shroud of mystery continues to engulf Putrajaya’s strange private finance initiative undertaking years after it was began with double-digit billions in starting funds. Behind the veil of invisibility however more than RM20 billion had been quietly spent for PFI undertakings. KiniBiz takes a closer look.

  • World Biz  |  NOVEMBER 21, 2014 5:00 PM

    ‘China needs stronger copyright protections’

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    The billionaire founders of Alibaba Group Holding Ltd and Tencent Holdings Ltd said China needs stronger protections for intellectual property if the nation wants to create more of its own online content.

  • Commodities & Economy  |  NOVEMBER 21, 2014 4:51 PM

    Rubber tumbles on lack of details from producer meeting

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    Rubber futures in Tokyo had the biggest weekly drop in seven weeks as a producer meeting ended without yielding details on how much and when they would cut exports to shore up prices.

  • Economy & World Biz  |  NOVEMBER 21, 2014 4:41 PM

    Indonesia to review tax treaties to boost revenue

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    Indonesia will review its tax treaties with dozens of countries and may suspend those it concludes are being abused for tax avoidance, as the government looks to significantly boost revenue, the finance minister said on Friday.

  • Corporate & World Biz  |  NOVEMBER 21, 2014 4:27 PM

    Ophir offers to buy Salamander Energy in all-stock deal

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    British oil and gas explorer Ophir Energy Plc offered to buy Salamander Energy Plc in an all-stock deal that would help the company to expand into southeast Asia.

  • Finance & Singapore  |  NOVEMBER 21, 2014 4:22 PM

    S’pore bonds warned over-relying on private banks

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    Signs that wealthy private banking clients are reining in their appetite for Singapore dollar bonds could spell trouble for the small- and medium-size companies that are streaming to the city's capital markets.

  • Corporate  |  NOVEMBER 21, 2014 3:56 PM

    MCMC mulls possibility of rebates for dropped calls

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    The Malaysian Communications and Multimedia Commission (MCMC) and telecommunications service providers are looking at the possibility of providing rebates to customers for dropped calls.

  • Markets  |  NOVEMBER 21, 2014 3:54 PM

    FBM KLCI lower at mid-afternoon

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at mid-afternoon today, dragged down by losses in blue chips and selected heavyweights.

  • Commodities, Corporate, Featured and Exclusive  |  NOVEMBER 21, 2014 3:50 PM

    M’sia bauxite fills global shortage

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    Bauxite mines are springing up in Malaysia and shipping ever-increasing amounts of the raw material used for aluminium to China, helping fill a gap since Indonesia banned ore exports in January in a bid to encourage value-added processing at home.

  • Economy  |  NOVEMBER 21, 2014 3:29 PM

    M’sia CPI up 2.8% to 111.3 in October

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    The Consumer Price Index (CPI) increased by 2.8% to 111.3 in October 2014 compared with 108.3 in the same month last year, the Statistics Department said.

  • World Biz  |  NOVEMBER 21, 2014 3:28 PM

    HP gets execs into new roles as company splits into 2

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    Hewlett-Packard Co is moving forward with its plan to split into two companies, and has moved several executives into new roles to execute the plan.

  • Corporate & Economy  |  NOVEMBER 21, 2014 3:23 PM

    GST will not increase cost of living, says Ahmad Maslan

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    The perception that the Goods and Services Tax (GST) would increase the cost of living is not right, said Deputy Finance Minister Ahmad Maslan.

  • Corporate & Featured and Exclusive  |  NOVEMBER 21, 2014 3:07 PM

    Govt to scrap subsidy for RON95, diesel from Dec 1

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    Both types of fuel will be sold based on a managed float system.