STORIES TAGGED WITH

  • Corporate & Enterprise  |  AUGUST 21, 2014 2:03 PM

    Algaetech plans RM27 mil biotech facility at TPM

    Story by
    www.bernama.com

    Algaetech International Sdn Bhd is developing a RM27 million astaxanthin facility for Haematococcus pluvialis cultivation at Technology ‎Park Malaysia (TPM), the first of its kind in Asean, aimed at penetrating the US and New Zealand market.

     
  • Markets  |  AUGUST 21, 2014 1:42 PM

    KL shares lower at mid-day due to profit taking

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia ended the morning session in the red territory due to profit taking, dealers said.

     
  • Economy & Finance  |  AUGUST 21, 2014 1:33 PM

    Indonesia to raise RM405 mil through Syariah bonds

    Story by
    www.bernama.com

    The Indonesian government plans to auction three series of Syariah bond to raise Rp1.5 trillion (RM405.69 million) next week, Indonesia's Antara news agency reported a government statement as saying.

     
  • Economy  |  AUGUST 21, 2014 1:12 PM

    Tok Pa: Liberalisation key to boost intra-Asean trade

    Story by
    [email protected]

    Minister of International Trade and Industry Mustapa Mohamad believes that liberalising trade is an important step towards increasing intra-Asean trade and says that a progressive reduction of non-trade barriers is necessary for growth.

     
  • Commodities  |  AUGUST 21, 2014 12:59 PM

    KLTM close higher at US$22,400 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) closed higher by US$100 to US$22,400 a tonne today, bolstered by strong buying interest especially from European traders, said a dealer.

     
  • Corporate & Economy  |  AUGUST 21, 2014 12:55 PM

    M’sians snap up nearly 630k tablets in 1H14

    Story by
    [email protected]

    Retail audit data by GfK has revealed that demand was tablets has hit yet another high as over 625,000 units of media tablets flew off the shelves, generating USD201 million (RM637.84) in revenue in the latest six month period of January to June this year.

     
  • World Biz  |  AUGUST 21, 2014 12:50 PM

    Twitter caught in censorship dilemma over graphic images

    Story by
    www.bloomberg.com

    Twitter Inc decided last year to make images more prominent on its site. Now, the social network is finding itself caught between being an open forum and patrolling for inappropriate content. The pattern goes like this: a major public death …

     
  • Economy  |  AUGUST 21, 2014 12:44 PM

    Economists say inflation expected to remain above 3%

    Story by
    www.bernama.com

    Economists expect short-term inflation to remain at above 3% for the rest of the year in the view of further subsidy rationalisation exercise.

     
  • Corporate  |  AUGUST 21, 2014 12:39 PM

    Kenanga initiates coverage on TGuan with ‘outperform’

    Story by
    [email protected]

    Kenanga Research has initiated coverage on Thong Guan Industries Bhd (TGuan) with an ‘outperform’ rating and a target price of RM3.70. According to Kenanga, the company has been involved in the cast pallet stretch film and garbage bags industry for …

     
  • World Biz  |  AUGUST 21, 2014 12:35 PM

    Mercedes’s S63 AMG swaddles with safety in luxury’s lap

    Story by
    www.bloomberg.com

    It must be nice to have an S-Class life. Every passenger who stepped into my US$163,835(RM519 065) Mercedes-Benz S63 AMG sedan said something along the lines of, “I could get used to this.” We all could. The interior of the …

     
  • Economy & Featured and Exclusive  |  AUGUST 21, 2014 12:21 PM

    Malaysia’s real interest rate turns positive

    Story by
    [email protected]

    Interest rates adjusted for inflation have turned positive for the first time in seven months, according to recently released July CPI data

     
  • World Biz  |  AUGUST 21, 2014 12:19 PM

    AirAsia shares advance; profit beats estimates on Forex gains

    Story by
    www.bloomberg.com

    AirAsia Bhd, Asia’s largest budget carrier, advanced the most in a month in Kuala Lumpur trading as foreign-exchange gains helped the airline report profit that beat estimates. AirAsia climbed as much as 2.9%, the biggest intraday rise since July 21, …

     
  • Economy  |  AUGUST 21, 2014 12:09 PM

    General Prayuth elected as Thailand’s prime minister

    Story by
    www.reuters.com

    Thai junta leader General Prayuth Chan-ocha was elected prime minister in parliament on Thursday in a move that has been widely expected since he seized power in May.

     
  • World Biz  |  AUGUST 21, 2014 12:07 PM

    Lenovo startup fund has 3 IPO candidates after IDreamsky

    Story by
    www.bloomberg.com

    The Lenovo Group Ltd startup fund that backed iDreamsky Technology Ltd through its US initial public offering this month said it has three more candidates that are almost ready for share sales. LeFund, a US$100 million(RM316 million) investment fund Lenovo …

     
  • World Biz  |  AUGUST 21, 2014 11:53 AM

    Modi’s biggest opponents seen within own camp

    Story by
    www.bloomberg.com

    For Ashwani Mahajan, the key to reviving India mirrors the movement to kick out the British a century ago. Only this time foreign companies selling everything from insurance to genetically modified seeds are the colonizers. Prime Minister Narendra Modi offers …

     
  • Corporate  |  AUGUST 21, 2014 11:41 AM

    CMC Engineering participates in RM7 bil Saudi MRT project

    Story by
    www.bernama.com

    Engineering, procurement and construction company, CMC Engineering Sdn Bhd will participate in the RM7 billion Makkah Metro Phase One project in Makkah, Saudi Arabia under a consortium.

     
  • Markets  |  AUGUST 21, 2014 11:32 AM

    KL shares easier at mid-morning

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained easier at mid-morning today on profit taking, dealers said.

     
  • World Biz  |  AUGUST 21, 2014 11:31 AM

    Samsung told by tax man to use Apple-topping cash

    Story by
    www.bloomberg.com

    Samsung Electronics Co is sitting on a cash pile 58% bigger than Apple Inc’s war chest. The tax man has a message for South Korea’s biggest company: “Use it or lose it.” The government of President Park Geun Hye this …

     
  • Economy & Property  |  AUGUST 21, 2014 11:22 AM

    REHDA wants GST relief on affordable housing

    Story by
    www.bernama.com

    Real Estate and Housing Developers Association (Rehda) wants affordable housing development to be zero-rated. The developers can then claim input tax and do not have to pass the costs to the consumers.

     
  • Corporate & Featured and Exclusive  |  AUGUST 21, 2014 11:16 AM

    No MAS return, says Idris Jala

    Story by
    [email protected]

    Idris Jala has tweeted that he will not be returning to MAS after news reports suggested that he might be tapped to take the reins at the struggling carrier following its delisting.

     
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