STORIES TAGGED WITH

  • Corporate  |  APRIL 24, 2014 9:14 PM

    Maybank Islamic expects better loans performance next year

    Story by
    www.bernama.com

    Maybank Islamic Bhd, the Islamic banking arm of Malayan Banking Bank Bhd (Maybank), expects a better loans performance this year based on an improved global economic environment. Maybank Islamic Chief Executive Officer Muzaffar Hisham said the bank was confident of …

     
  • Commodities  |  APRIL 24, 2014 8:44 PM

    CPO futures close unchanged

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed unchanged today, a dealer said. The dealer said the commodity’s prices swung between negative and positive territory amid sluggish export pace evident from Intertek Testing Services and Societe Generale …

     
  • World Biz  |  APRIL 24, 2014 8:40 PM

    Virgin Atlantic says 2013 annual loss narrows

    Story by
    www.reuters.com

    Privately-owned British airline Virgin Atlantic said its annual loss narrowed by 50% in 2013, putting it on track to return to profitability by the end of this year. The airline, founded by British billionaire Richard Branson, on Thursday reported a …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 8:30 PM

    Grand-Flo hopes to break even in Thailand this year

    Story by
    [email protected]

    Main board-listed Grand-Flo Bhd is planning to break even with its fibred broadband services in Thailand this year, targeting 10,000 subscribers by year-end compared to its current subscriber base of 1,200 in Thailand through associate company Simat Technologies Public Co …

     
  • World Biz  |  APRIL 24, 2014 8:23 PM

    VW executive returns to head Bentley and Bugatti

    Story by
    www.dpa.com

    Volkswagen senior executive Wolfgang Duerheimer is returning to head the Bentley and Bugatti luxury brands after a sojourn at premium subsidiary Audi. Duerheimer, 55, succeeds Wolfgang Schreiber, who is taking up a leading position within the Volkswagen Group, said Bentley in …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 7:41 PM

    TNB 2Q14 pre-tax profit drops by 25% to RM1.2 bil

    Story by
    [email protected]

    Tenaga Nasional Berhad (TNB) saw RM1.2 billion in pre-tax profit in 2Q14, nearly a quarter lower than RM1.6 billion reported in 2Q13 despite quarterly revenue rising by 13% from RM8.85 billion in 2Q13 to RM10 billion in this quarter. During …

     
  • Corporate  |  APRIL 24, 2014 7:40 PM

    Petron aims to strengthen market position

    Story by
    www.bernama.com

    Petron Malaysia Refining and Marketing Bhd (Petron) aims to strengthen its market position by expanding operations nationwide, while improving product quality and loyalty programmes. Retail Business Head Faridah Ali said Petron is at present ranked third among petrol station operators. …

     
  • Corporate  |  APRIL 24, 2014 7:17 PM

    BAT posts 10% higher profits in 1Q14

    Story by
    [email protected]

    British American Tobacco (Malaysia) Bhd (BAT) saw its 1Q14 revenue rise 5% year-on-year (yoy) at RM1.15 billion, with the quarter’s profit before tax seeing a 9.9% increase to RM301.2 million from the RM274 million in 1Q13. In a regulatory filing …

     
  • Corporate  |  APRIL 24, 2014 6:58 PM

    Petronas Chemicals CEO retires

    Story by
    [email protected]

    Abd Hapiz Abdullah, the president and chief executive officer of Petronas Chemicals Bhd, has retired from his position, opting not to offer himself for re-election upon the expiry of his contract. His resignation was announced in a filing to Bursa …

     
  • Corporate  |  APRIL 24, 2014 6:57 PM

    Nasim aims to sell 1,000 Peugeot cars in the east coast

    Story by
    www.bernama.com

    Nasim Sdn Bhd, the official distributor of Peugeot cars in Malaysia, projects to sell 1,000 units this year in the east coast of the peninsular with the opening of more branches. Nasim today opened its third branch in the east coast here, …

     
  • Corporate & Featured and Exclusive  |  APRIL 24, 2014 6:51 PM

    Proton shopping for China partners

    Story by
    [email protected]

    Former prime minister Dr Mahathir, Proton advisor, says Proton is looking to tie up with a Chinese suitor to manufacture cars for the China market

     
  • Corporate  |  APRIL 24, 2014 6:18 PM

    IATA: Airline profit expectations remain strong

    Story by
    www.bernama.com

    Airline profit expectations remain strong and broadly in line with levels seen over the past year, the International Air Transport Association (IATA) said. In its Airline Business Confidence Index quarterly survey of airline chief financial officers (CFOs) and heads of cargo in April …

     
  • Markets  |  APRIL 24, 2014 6:15 PM

    RM closes lower against US$ on improving US economy

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today on the improving US data and speculations that the Federal Reserve may end the stimulus this year, dealers said. At 5pm, the local note was quoted at 3.2685/2705 against the greenback from yesterday’s 3.2645/2665 …

     
  • Markets  |  APRIL 24, 2014 6:13 PM

    Banking counters drag FBM KLCI to end 2.07 points lower

    Story by
    www.bernama.com

    Losses in banking counters dragged the FTSE Bursa Malaysia KLCI (FBM KLCI) to close lower in shedding 2.07 points for 1,865.28 points. The benchmark index which stayed in the red today, hovered between 1,863.51 points and 1,866.32 points throughout the trading day. Among …

     
  • Corporate  |  APRIL 24, 2014 6:02 PM

    New Honda City sets new booking benchmark

    Story by
    www.bernama.com

    Honda Malaysia with its All-New City model has set a new benchmark when it received 10,000 bookings within one month from its official launch on March 20 this year. The company said the booking figure surpassed the previous record of 3,000 bookings within …

     
  • Commodities  |  APRIL 24, 2014 5:34 PM

    Rubber market closes mixed

    Story by
    www.bernama.com

    The Malaysian rubber market closed mixed on Thursday despite a higher finish by the commodity on the Tokyo Commodity Exchange (TOCOM), a dealer said. He said there was a modest technical rebound on TOCOM. “However, the local market will rebound soon, as …

     
  • Corporate  |  APRIL 24, 2014 5:27 PM

    SAMUR project to be delayed by six months

    Story by
    www.bloomberg.com

    The completion of RM4.5 billion Sabah Ammonia and Urea (SAMUR) project, undertaken by Petronas Chemicals Group Bhd (PCG), will be delayed by six months. “Some equipment need to be replaced,” chairman Wan Zulkiflee Wan Ariffin told reporters after the company’s annual general meeting …

     
  • Opinion  |  APRIL 24, 2014 5:22 PM

    Big data for poor students

    Story by
    www.project-syndicate.org

    WASHINGTON, DC – Countries need skilled and talented people to generate the innovations that underpin long-term economic growth. This is as true in developed as it is in developing economies. But it will not happen without investment in education and …

     
  • Economy & Featured and Exclusive  |  APRIL 24, 2014 5:20 PM

    Msia lags behind in green car policies despite headstart

    Story by
    [email protected]

    A Frost & Sullivan report has highlighted the different green car policies among the Asean nations as the cause of a unique market ‘push’ and ‘pull’ situation which in turn affects demand patterns and growth opportunities both in the countries and regionally.

     
  • Opinion  |  APRIL 24, 2014 5:17 PM

    The gain in Spain

    Story by
    www.project-syndicate.org

    MILAN – The Spanish economy is beginning to attract investors’ attention – and not only because asset prices are depressed in the current climate (arguably implying a good buy for longer-term, value investors). While there are huge problems that must …

     
Loading...
1
1
0
latest
1