• Corporate  |  NOVEMBER 27, 2014 3:59 PM

    MMC Corp to pay RM221.98 mil for stakes in NCB Holdings

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    MMC Corporation Bhd is buying MISC Bhd’s 15.73% stake in port operator, NCB Holdings Bhd, for RM221.98 million cash.

  • Markets  |  NOVEMBER 27, 2014 3:48 PM

    KL shares lower at mid-afternoon

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    Share prices on Bursa Malaysia were traded lower at mid-afternoon led by Hong Leong Financial, in line with regional markets, a dealer said.

  • Corporate  |  NOVEMBER 27, 2014 3:47 PM

    Jaya Tiasa to invest RM70 mil in 4th CPO mill

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    Upbeat about the long-term prospects of the oil palm industry, Jaya Tiasa Holdings Bhd is investing RM70 million in its fourth crude palm oil (CPO) mill.

  • Corporate  |  NOVEMBER 27, 2014 3:40 PM

    Kronologi to raise RM17.2 mil in IPO

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    Kronologi Asia Bhd, a Singapore-based specialist in enterprise data management (EDM), launched its prospectus today in Kuala Lumpur.

  • Corporate, Featured and Exclusive, World Biz  |  NOVEMBER 27, 2014 3:40 PM

    Uber’s valuation at RM133 bil will eclipse Twitter

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    Uber Technologies Inc. investors are betting the five-year-old car-booking app is more valuable than Twitter Inc and Hertz Global Holdings Inc.

  • Corporate  |  NOVEMBER 27, 2014 3:29 PM

    5-year deadline to fix klia2 soil settlement issue

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    Airports operator Malaysia Airports Holdings Bhd (MAHB) aims to fully rectify the soil settlement issue at klia2′s parking apron in five years. A survey in June found that only 5% or 25,000 square metres of the parking apron area is …

  • Economy  |  NOVEMBER 27, 2014 3:28 PM

    Thai election set to be delayed until 2016

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    Thailand's first elections after a military coup in May could be delayed until 2016, a senior official confirmed Thursday.

  • World Biz  |  NOVEMBER 27, 2014 3:17 PM

    Lion Air said to buy ATR planes in RM3.3 deal

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    Indonesia's Lion Group is expected to sign a deal on Thursday to buy about 40 ATR 72-600 aircraft for nearly US$1 billion (RM3.3 billion) at list prices, a source familiar with the matter said on Thursday.

  • World Biz  |  NOVEMBER 27, 2014 3:13 PM

    China’s largest money fund expects further policy easing

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    China’s central bank is likely to loosen monetary policy further by rolling out measures to encourage lending, according to the manager of the nation’s biggest money-market fund.

  • Economy  |  NOVEMBER 27, 2014 3:02 PM

    Thai Q4 GDP expected to grow 4%

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    Thailand's economy is expected to grow slightly more than 4% in the final quarter of this year from the same period a year ago due to improved exports and tourism, a senior official from the Finance Ministry said on Thursday.

  • World Biz  |  NOVEMBER 27, 2014 2:58 PM

    Wal-Mart dismisses several China execs to cut costs

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    Wal-Mart Stores Inc said it had dismissed several executives in China as part of an effort to lower costs in the country, where it has been grappling with slower sales and tough price competition.

  • Corporate & Property  |  NOVEMBER 27, 2014 2:43 PM

    MK Land plans RM2.2 bil new launches in 2 years

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    MK Land Holdings Bhd plans new launches worth RM2.2 billion over the next two years in Damansara Perdana, Damansara Damai, and Ipoh.

  • Corporate  |  NOVEMBER 27, 2014 2:21 PM

    Mara aims to produce 40,000 Bumiputera entrepreneurs

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    Majlis Amanah Rakyat (Mara) plans to produce 40,000 new entrepreneurs from among Bumiputeras by 2015.

  • Singapore  |  NOVEMBER 27, 2014 2:09 PM

    Analysts mixed on outlook of Genting S’pore

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    Analysts are the least optimistic about Genting Singapore Plc in a year, as slumping casino revenue from high-rollers curbs earnings prospects for the second worst performing stock on the city’s benchmark gauge.

  • Corporate & Finance  |  NOVEMBER 27, 2014 2:03 PM

    BNM to adopt 6 measures to speed up e-payment move

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    Six strategic measures will be undertaken by Bank Negara Malaysia (BNM) to accelerate the pace of the country's migration to e-payments and in a move to reduce the usage of cash and cheques in the financial system.

  • Corporate & Featured and Exclusive  |  NOVEMBER 27, 2014 2:00 PM

    Maybank downgraded on Q3 results

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    RHB Research and AllianceDBS Research have downgraded Malayan Banking Bhd (Maybank) following the bank’s poorer-than-expected third quarter results.

  • Featured and Exclusive & World Biz  |  NOVEMBER 27, 2014 1:56 PM

    Toyota recalls more cars for dangerous Takata airbags

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    Toyota Motor Corp said on Thursday it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata Corp, in a sign that the safety crisis surrounding the Japanese auto parts maker is far from contained.

  • Commodities  |  NOVEMBER 27, 2014 1:41 PM

    KLTM closes US$180 higher at US$20,180 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed US$180 higher at US$20,180 a tonne on low offerings by miners, said a dealer.

  • Corporate  |  NOVEMBER 27, 2014 1:39 PM

    MAHB eyes year-end for final klia2 CPC

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    Malaysia Airports Holdings Bhd (MAHB) hopes to issue the certificate of practical completion (CPC) for klia2′s main terminal building by the end of the year. Speaking to the media today, managing director Badlisham said the contractor for the package, a …

  • Corporate  |  NOVEMBER 27, 2014 1:38 PM

    FGV 3Q14 profit rises to RM89 mil

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    Felda Global Ventures Holdings Bhd (FGV) chalked up a pre-tax profit of RM89.16 million in the third quarter ended Sept 30, 2014 (3Q14) versus RM81.37 million registered in the same period last year.