STORIES TAGGED WITH

  • Corporate  |  AUGUST 29, 2014 7:34 PM

    After reset, MAS will be purely commercial airline

    Story by
    [email protected]

    Focusing more on regional routes with high point-to-point traffic using a smaller, more nimble fleet

     
  • Corporate  |  AUGUST 29, 2014 7:08 PM

    Halim Saad’s Sumatec no longer PN17

    Story by
    [email protected]

    On an announcement on Bursa Malaysia, Sumatec Resources Bhd reported that the company has been uplifted from its PN17 status. “Sumatec has regularised its financial condition and level of operations and no longer triggers any of the criteria under paragraph …

     
  • Corporate  |  AUGUST 29, 2014 7:00 PM

    Sime Darby to spin-off Motors division by early 2015

    Story by
    [email protected]

    Diversified conglomerate Sime Darby Group Berhad is aiming to complete its Motors spin-off listing by early next year. “Hopefully by early next year,” said president and group chief executive Mohd Bakke Salleh, though adding that the listing is very much …

     
  • World Biz  |  AUGUST 29, 2014 6:37 PM

    China to offer tax breaks on electric cars

    Story by
    www.reuters.com

    China said on Friday it would offer tax breaks on purchases of electric cars predominantly made by Chinese automakers, in its latest policy measure to boost green vehicles in the world’s biggest auto market, amid rising concern over pollution. Last …

     
  • Corporate  |  AUGUST 29, 2014 6:34 PM

    Indonesia remains challenging for CIMB

    Story by
    [email protected]

    CIMB Group Holdings Bhd’s business in Indonesia continues to remain challenging and much hinges on the policies of the new administration, its group chief executive officer Nazir Razak suggested today.

     
  • Corporate  |  AUGUST 29, 2014 6:29 PM

    Maybank appoints Amirul as global banking head

    Story by
    [email protected]

    Maybank has appointed Amirul Feisal Wan Zahir as its group head of global banking (GB) effective October 1, 2014, the company said in an official announcement.

     
  • Markets  |  AUGUST 29, 2014 6:01 PM

    KL shares end lower, signs of short-term downturn

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia closed lower today as equity market sentiment showed a short-term downturn, following weakness in Europe and growing geopolitical risks in Ukraine, a dealer said.

     
  • Commodities  |  AUGUST 29, 2014 5:55 PM

    Rubber market ends lower

    Story by
    www.bernama.com

    The Malaysian rubber market ended lower today amid negative investor sentiment on the commodity prices, dealers said.

     
  • Markets  |  AUGUST 29, 2014 5:49 PM

    Ringgit closes lower against the US dollar

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today as investors continued with their interests on the greenback, dealers said.

     
  • Corporate  |  AUGUST 29, 2014 5:27 PM

    Nazir: “All options are on the table”

    Story by
    [email protected]

    CIMB Group Holdings Bhd group chief executive officer Nazir Razak today dismissed media reports that RHB Capital may be the holding company following the merger of CIMB, RHB and Malaysia Building Society Bhd.

     
  • Corporate  |  AUGUST 29, 2014 5:22 PM

    BNM consults public on FOS scheme

    Story by
    www.bernama.com

    Bank Negara Malaysia (BNM) is conducting public consultation pertaining to its concept paper on the Financial Ombudsman Scheme (FOS).

     
  • Commodities & Corporate  |  AUGUST 29, 2014 5:14 PM

    Palm oil prices not exceeding RM2,200 says Sime Darby

    Story by
    www.reuters.com

    Sime Darby Bhd, the world's top oil palm planter by landbank size, sees average palm oil prices at RM1,900-2,200 a tonne for the remaining part of 2014, the Malaysian group's CEO said on Friday.

     
  • World Biz  |  AUGUST 29, 2014 4:56 PM

    Morgan Stanley extends diesel-buying spree

    Story by
    www.bloomberg.com

    Morgan Stanley extended purchases of diesel in Europe to a 42nd day amid the region’s biggest stockpiles in more than two years. The bank bought 78% of the 774,750 metric tons that traded on the diesel barge market in July …

     
  • World Biz  |  AUGUST 29, 2014 4:56 PM

    Germanwings pilots on strike over retirement scheme

    Story by
    www.reuters.com

    Pilots at Lufthansa's Germanwings started a six-hour strike on Friday, disrupting the travel plans of thousands of people returning from summer holidays, applying pressure on Lufthansa management in their dispute over a pension scheme.

     
  • Corporate  |  AUGUST 29, 2014 4:16 PM

    Wah Seong buys stake in Alam-PE for RM106 mil

    Story by
    www.bernama.com

    Wah Seong Corp Bhd shareholders have approved the acquisition of a 49% stake in Alam-PE Holdings (L) Inc (Alam-PE) from CIMB Private Equity Sdn Bhd for RM106 million.

     
  • Corporate  |  AUGUST 29, 2014 4:07 PM

    Petronas shuts secondary refining unit – sources

    Story by
    www.reuters.com

    Petronas is running the 100,000 barrels-per-day (bpd) Malacca refinery it jointly owns with US oil company Phillips 66 at a lower rate than usual after unexpectedly shutting a secondary unit. The state-owned company shut a desulphuriser unit, which removes sulphur …

     
  • Corporate & Property  |  AUGUST 29, 2014 4:05 PM

    Mah Sing Group’s 1H14 pre-tax profit rise to RM225 mil

    Story by
    www.bernama.com

    Mah Sing Group Bhd's pre-tax profit for the first six months ended June 30, 2014, rose to RM225.032 million compared with RM188.239 million recorded in the same period a year ago.

     
  • World Biz  |  AUGUST 29, 2014 3:54 PM

    Sony CEO Hirai takes over product strategy

    Story by
    www.bloomberg.com

    Sony Corp chief executive officer Kazuo Hirai is taking over the product strategy division as stalling demand for televisions and smartphones leads the Japanese company toward its sixth loss in seven years. Hirai will lead a new user experience platform …

     
  • Corporate  |  AUGUST 29, 2014 3:52 PM

    MAS shareholders should accept Khazanah’s offer

    Story by
    www.bernama.com

    Local analysts have advised Malaysian Airline System Bhd's (MAS) minority shareholders to accept Khazanah Nasional Bhd's proposed selective capital reduction and repayment exercise of 27 sen per share.

     
  • Markets  |  AUGUST 29, 2014 3:42 PM

    KL shares lower at mid-afternoon on lack of interest

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia were lower at mid-afternoon today on lack of trading interest ahead of the weekend, dealers said.

     
Loading...
1
1
0
latest
1