STORIES TAGGED WITH

  • Corporate  |  DECEMBER 18, 2014 4:14 PM

    TNB to invest more in renewable energy

    Story by
    www.bernama.com

    Tenaga Nasional Bhd (TNB) will increase its investment in alternative sources of energy to ameliorate the effects of a fossil fuel shortage going forward, says chairperson Leo Moggie.

     
  • Corporate & Featured and Exclusive  |  DECEMBER 18, 2014 4:14 PM

    ‘Healthcare pricier with GST… but don’t panic’

    Story by
    www.malaysiakini.com

    Healthcare costs will go up with the introduction of goods and services tax (GST) on April 1, 2015, the Customs Department admits.

     
  • Corporate  |  DECEMBER 18, 2014 4:03 PM

    MIDF initiates coverage on Muhibbah

    Story by
    [email protected]

    MIDF Research has initiated coverage on Muhibbah Engineering (M) Bhd (Muhibbah) with a “buy” recommendation and a target price of RM2.74, on the back of the solid order book of RM2.5 billion over the next two years for the group. …

     
  • Markets  |  DECEMBER 18, 2014 3:56 PM

    KL shares maintain uptrend at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia maintained their uptrend at mid-afternoon today on growing investor confidence, dealers said.

     
  • Issues  |  DECEMBER 18, 2014 3:50 PM

    What went wrong at MAS

    Story by
    [email protected]

    In this second part of our interview with former MAS CEO Abdul Aziz Abdul Rahman, he talks about what he thinks went wrong for MAS, where he disagrees with Khazanah’s 12-step plan, and why he believes that MAS’ employees always end up as the scapegoats.

     
  • Commodities  |  DECEMBER 18, 2014 3:48 PM

    Modi gets his Thatcher moment over coal union

    Story by
    www.bloomberg.com

    Different time, another country, but Modi has angry unions threatening to stop work at the world’s biggest coal miner - Coal India Ltd.

     
  • Corporate, Featured and Exclusive, World Biz  |  DECEMBER 18, 2014 3:41 PM

    Ikea opens biggest store in the world in South Korea

    Story by
    www.reuters.com

    Iconic Swedish furniture retailer Ikea built its biggest store in the world to serve South Korea's shrinking households, targeting millions of people living alone with Korea-only items like super-sized single beds and in-store kimchi rice.

     
  • Corporate  |  DECEMBER 18, 2014 3:27 PM

    Analysts maintain Genting’s rating despite NY setback

    Story by
    [email protected]

    Analysts have maintained their recommendations for Genting Malaysia Bhd (GenM), despite news that the subsidiary of local gaming giant Genting Bhd had been unsuccessful in its bid to develop a casino in either of its chosen locations by the New …

     
  • World Biz  |  DECEMBER 18, 2014 3:22 PM

    Japan auto lobby sounds alarm over weak sales

    Story by
    www.reuters.com

    The head of Japan's auto lobby on Thursday said a "sense of crisis" hung over the industry, with unexpectedly weak domestic sales revealing the failure of government stimulus policies and currency turmoil hitting key export markets.

     
  • Featured and Exclusive & World Biz  |  DECEMBER 18, 2014 3:10 PM

    Uber driver charged over rape in Boston

    Story by
    www.bloomberg.com

    A Boston person who works as an Uber Technologies Inc driver was charged with taking a passenger to a secluded area and raping her, as questions about the company’s driver-screening process prompted it to begin an assessment of its safety programmes.

     
  • Corporate & Featured and Exclusive  |  DECEMBER 18, 2014 3:05 PM

    1MDB has no big problems: Ahmad Maslan

    Story by
    www.malaysiakini.com

    Deputy Finance Minister Ahmad Maslan has defended debt-ridden company 1Malaysia Development Bhd (1MDB), amidst police reports lodged against the company.

     
  • Corporate  |  DECEMBER 18, 2014 2:51 PM

    AllianceDBS upgrades CMS to ‘buy’

    Story by
    [email protected]

    AllianceDBS Research upgraded Cahya Mata Sarawak Bhd from a previous “hold” call to a “buy” recommendation, also upping their target price for the construction materials provider to RM4.30 from a previous RM4.

     
  • Commodities  |  DECEMBER 18, 2014 2:47 PM

    NY says shale fracking unsafe; governor to ban

    Story by
    www.bloomberg.com

    The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that governor Andrew Cuomo will end a six-year moratorium.

     
  • Corporate & Featured and Exclusive  |  DECEMBER 18, 2014 2:43 PM

    Customs denies GST to be imposed on tolled bridges

    Story by
    www.malaysiakini.com

    The Royal Customs Department has denied allegations that the goods and services tax (GST) will be imposed on tolled bridges.

     
  • World Biz  |  DECEMBER 18, 2014 2:21 PM

    Hot dogs, coffee spur Shell’s expansion

    Story by
    www.bloomberg.com

    Retail sales for the 45,000 gas stations owned by Shell worldwide generated US$6 billion (RM20.8 billion) in non-fuel revenue last year. That amount will rise this year, said Istvan Kapitany, the Hague-based company’s vice president for retail.

     
  • World Biz  |  DECEMBER 18, 2014 2:01 PM

    Avon China unit pleads guilty to bribery

    Story by
    www.reuters.com

    The China unit of Avon Products Inc pleaded guilty on Wednesday in connection with a bribery scheme and Avon agreed to pay US$135 million (RM468.82 million) to resolve related civil and criminal charges.

     
  • Corporate & Markets  |  DECEMBER 18, 2014 1:59 PM

    Only World debuts flat at 88 sen on main board

    Story by
    www.bernama.com

    Only World Group Holdings Bhd made its debut on Bursa Malaysia's Main Market today at 88 sen and flat over its initial public offering (IPO) price.

     
  • Corporate  |  DECEMBER 18, 2014 1:54 PM

    7.5 sen dividend, 1 sen bonus per unit for ASB

    Story by
    www.bernama.com

    Amanah Saham Bumiputera (ASB) unitholders will receive 7.5 sen dividend per unit for the financial year ending Dec 31, 2014 compared with 7.7 sen declared last year.

     
  • Commodities  |  DECEMBER 18, 2014 1:31 PM

    KLTM declines sharply to US$19,500 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) extended its downtrend in declining US$500 to close at US$19,500 per tonne today, a dealer said.

     
  • Markets  |  DECEMBER 18, 2014 1:29 PM

    KL shares remain higher at mid-day

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia remained higher at mid-day today in tandem with other regional bourses, dealers said.

     
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