STORIES TAGGED WITH

  • Markets  |  APRIL 17, 2014 5:37 PM

    Ringgit ends higher against US dollar

    Story by
    www.bernama.com

    The ringgit closed higher against the US dollar today on continuous buying support, said a dealer. At 5pm, the local unit was quoted at 3.2370/2390 against the greenback compared with Wednesday’s 3.2410/2430. The dealer said the US Federal Reserve Chairperson, Janet Yellen, …

     
  • Markets  |  APRIL 17, 2014 5:30 PM

    Shares end higher on continued buying interest

    Story by
    www.bernama.com

    Bursa Malaysia closed higher today as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) extended gains on continuous buying interest seen in key heavyweights and lower liners. The FBM KLCI ended 5.17 points better at 1,850.54 after trading between 1,847.4 and 1,852.13 throughout …

     
  • Corporate & World Biz  |  APRIL 17, 2014 5:05 PM

    Nasim aims to sell 1200 units of new Peugeot 3008 SUV

    Story by
    www.bernama.com

    Nasim Sdn Bhd, the official distributor of the Peugeot brand in Malaysia, aims to sell 1200 units of its just-launched New Peugeot 3008 SUV. This will boost the company’s overall sales target of 7,000 units for all the models in its stable this …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 4:45 PM

    Kidex eyes a slice of LDP’s bumper profits

    Story by
    [email protected]

    Designed as an alternative route to the congested LDP highway, Kidex moves in on a slice of a very lucrative pie

     
  • Corporate  |  APRIL 17, 2014 4:25 PM

    Bursa Malaysia posts 18% higher PATAMI for 1Q14

    Story by
    [email protected]

    Bursa Malaysia Berhad has registered 18% higher profit after tax and minority interest (PATAMI) for 1Q14 compared to the previous corresponding quarter on the back of higher operating revenue. In a regulatory filing, Bursa Malaysia said its 1Q14 ended March …

     
  • Corporate & World Biz  |  APRIL 17, 2014 4:23 PM

    Nexfuel signs agreement with Concord Energy

    Story by
    www.bernama.com

    Asia Bioenergy Technologies Bhd’s subsidiary, Nexfuel Ltd, has signed a Biofuels Offtake Agreement to sell all biofuels products produced using the technology developed by Cool Planet Energy Systems Inc to Concord Energy Pte Ltd. Nexfuel is 20%-owned by Asia Bioenergy Technologies. Asia Bioenergy …

     
  • Corporate & World Biz  |  APRIL 17, 2014 4:18 PM

    Hino’s manufacturing plant rolls out first vehicle

    Story by
    www.bernama.com

    Hino Motors Manufacturing Malaysia Sdn Bhd (HMMMY) has rolled out its first vehicle, the HINO 300 Series light commercial vehicle, at its plant in Sendayan, Negeri Sembilan. The RM140 million facility, located on a 170,000 square-metre site in Sendayan TechValley, is the first HINO’s …

     
  • Corporate  |  APRIL 17, 2014 4:07 PM

    Bursa M’sia shares up at mid-afternoon trading

    Story by
    www.bernama.com

    Bursa Malaysia Bhd’s share price rose at mid-afternoon trading after it announced a better first-quarter financial performance ended March 31, 2014. As at 3.49pm, its share price advanced two sen to RM7.60, with 468,100 lots changing hands. Bursa Malaysia’s pre-tax profit grew 13% …

     
  • Markets  |  APRIL 17, 2014 3:45 PM

    KL shares higher at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia were higher at mid-afternoon today on renewed buying interest in key heavyweights and lower liners. At 3.08pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.36 points to 1,848.73. Of the heavyweights, Maybank gained six sen for RM9.81, …

     
  • Corporate & World Biz  |  APRIL 17, 2014 3:42 PM

    Shell announces Malaysia deepwater gas discovery

    Story by
    www.bernama.com

    Shell today announced a successful deepwater gas discovery at ‘Rosmari-1’ well, located 135 kilometres offshore Malaysia in Block SK318. In a statement from The Hague today, it said the well, drilled to a total depth of 2,123 metres, encountered more than 450 metres …

     
  • Corporate  |  APRIL 17, 2014 3:36 PM

    Maybank downgrades TDC to ‘Hold’

    Story by
    [email protected]

    Maybank IB Research has downgraded Time dotCom (TDC) from a ‘buy’ to a ‘hold’, although it has revised its target price upwards by 20 sen to RM4.60. The research house has raised its target price (TP) to RM4.60 (from RM4.40), …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 3:31 PM

    ‘A giant in the legal fraternity’

    Story by
    www.malaysiakini.com

    The following are some of the reactions to the death of senior lawyer and veteran opposition politician Karpal Singh.

     
  • World Biz  |  APRIL 17, 2014 3:21 PM

    Europe’s car sales upturn fails to halt price war

    Story by
    www.reuters.com

    Europe’s car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the pickup is failing to halt a price war. Discounts outgrew first-quarter sales, according to the data seen by Reuters, casting doubt on …

     
  • Economy  |  APRIL 17, 2014 3:10 PM

    Dr M: Peg ringgit to create certainty in market

    Story by
    www.bernama.com

    The ringgit should be pegged at RM2.80 to the US dollar in order to create an environment of certainty in the market, said former prime minister Dr Mahathir Mohamad. Dr Mahathir said the peg would also help businesses manage the rising costs …

     
  • Corporate & World Biz  |  APRIL 17, 2014 2:57 PM

    Google AdWords now available in Malay to aid SMEs

    Story by
    www.bernama.com

    Google online advertising platform, AdWords, is now available in Malay to aid Malaysian businesses, especially small and medium enterprises (SME). AdWords is available to individuals, businesses and agencies which help businesses grow and reach new customers by serving online advertisements. Google Malaysia country …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 2:53 PM

    MMC-Salcon-AZRB bags RM1 bil phase 1 Langat 2 job

    Story by
    [email protected]

    A consortium comprising MMC Corp Berhad, water firm Salcon Berhad and construction player Ahmad Zaki Resources Berhad (AZRB) has bagged the RM1 billion Langat 2 construction job for the first phase. In separate regulatory filings today, all three companies said …

     
  • Corporate & World Biz  |  APRIL 17, 2014 2:35 PM

    SMRT Corporation selects Zycus’ Spend Analysis

    Story by
    www.bernama.com

    SMRT Corporation will adopt Zycus Inc’s Spend Analysis solution to attain a unified view of their spend data that will support their enterprise level strategic sourcing and spend management activities. Zycus was shortlisted due to the strength of their business model and robustness of …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 2:15 PM

    Up to RM6 bil for fighter jets?

    Story by
    [email protected]

    Malaysia might not have made up its mind, but sources say proposals are being readied.

     
  • Commodities  |  APRIL 17, 2014 1:05 PM

    KLTM closes firmer at US$23,380 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) closed higher today, up by US$80 at US$23,380 a tonne on strong buying demand, mostly from Japanese and European traders, a dealer said. The uptrend on the local market was also in tandem with the rise …

     
  • Markets  |  APRIL 17, 2014 1:03 PM

    KL shares end morning session higher

    Story by
    www.bernama.com

    Bursa Malaysia ended the morning session higher today following persistent buying interest in key heavyweights and lower-liners. At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.92 points better at 1,849.29. It had opened 2.03 points higher at 1,847.4. The key …

     
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