• Corporate & Economy  |  NOVEMBER 24, 2014 3:50 PM

    Minimum Wages Order review expected ready by early 2015

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    Findings on the review of the 2012 Minimum Wages Order implementation can be finalised and tabled by the Human Resource Ministry at the latest by early next year, the Dewan Rakyat was told today.

  • Markets  |  NOVEMBER 24, 2014 3:44 PM

    KL shares higher at mid-afternoon

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was higher at mid-afternoon today, lifted by buying in selected blue-chips and key heavyweights.

  • Corporate & Featured and Exclusive  |  NOVEMBER 24, 2014 3:41 PM

    Felda set to produce caviar in RM150 mil project

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    The sturgeon is a fish that is probably lesser known than its roe (eggs), which when salt-cured becomes the luxury food that is caviar.

  • Corporate & Featured and Exclusive  |  NOVEMBER 24, 2014 3:28 PM

    Cancel all dealings with Chinese firm, govt urged

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    Tony Pua says this is because the company has ‘brought disrepute’ to Malaysia.

  • Opinion  |  NOVEMBER 24, 2014 3:17 PM

    Your brain can’t handle the stock market

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    Forecasting near-term market moves is an exercise in futility.

  • Corporate & Markets  |  NOVEMBER 24, 2014 2:58 PM

    Kenanga keeps ‘outperform’ on Coastal Contracts

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    Kenanga Research has maintained its "outperform" rating for Coastal Contracts Bhd with a target price of RM4.67, given the company's latest positive results coupled with its future projects.

  • Corporate  |  NOVEMBER 24, 2014 2:51 PM

    Axiata sees 3Q profit fall 18.6% to RM747 mil

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    Malaysian telco Axiata Group Bhd saw its profit before tax for the third quarter ended September 30, 2014 fall as much as 18.6% to RM747.2 million from the year before, while revenue for the period fell marginally by 2.1% to RM4.65 billion.

  • Corporate & Featured and Exclusive  |  NOVEMBER 24, 2014 2:48 PM

    Ahmad, don’t make 1MDB promise you can’t keep

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    So far it's only profited from asset revaluation, where's the real...?

  • Corporate  |  NOVEMBER 24, 2014 2:40 PM

    MP questions govt over RM876 mil ‘bailout’

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    PKR's Pandan MP Rafizi Ramli today labelled the government's restructuring of RM876 million in debts as a "bailout" and a "write off".

  • World Biz  |  NOVEMBER 24, 2014 2:31 PM

    Oil prices seen plunging if Opec does not cut output

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    Oil prices could plunge to US$60 (RM201) a barrel if Opec does not agree a significant output cut when it meets in Vienna this week, market players say.

  • Corporate & Featured and Exclusive  |  NOVEMBER 24, 2014 2:21 PM

    Sona still pursuing Salamander deal

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    Sona Petroleum Bhd has said that it remains committed to acquiring a stake in Salamander Energy Plc, despite the latter’s board recommending a proposed offer from Ophir Energy.

  • Economy & Featured and Exclusive  |  NOVEMBER 24, 2014 2:21 PM

    S’gor’s RM2.4 bil budget largest under Pakatan

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    Selangor’s budget for 2015, presented by Menteri Besar Azmin Ali today, is its largest ever but comes with its first deficit since Pakatan Rakyat took over the state in 2008.

  • Corporate  |  NOVEMBER 24, 2014 2:13 PM

    Analysts downgrade Genting on operational headwinds

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    Genting Bhd saw downgrades from RHB Investment Bank (RHB) and CIMB Research (CIMB), on the back of operational headwinds faced by the group, as well as limited upside potential.

  • Corporate & Economy  |  NOVEMBER 24, 2014 1:45 PM

    ‘Gov’t will intervene if global oil prices rise too high’

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    The government will intervene if global crude oil prices rise too high to cushion the impact on RON95 petrol and diesel, said Deputy Finance Minister, Chua Tee Yong.

  • World Biz  |  NOVEMBER 24, 2014 1:36 PM

    Bakrie Telecom proposes debt restructuring

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    Indonesia's PT Bakrie Telecom Tbk has proposed a debt restructuring plan that offers creditors cash instalments and debt-to-equity swaps, after a Jakarta court ordered the company to negotiate a debt restructuring with its creditors by Dec 9.

  • Markets  |  NOVEMBER 24, 2014 1:28 PM

    KL shares extend gains at mid-day

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) extended earlier gains to close the morning session slightly higher today, boosted by buying in selected blue chips and key heavyweights.

  • World Biz  |  NOVEMBER 24, 2014 1:16 PM

    Hyundai, Kia said to sell 8 mil vehicles in 2014

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    Hyundai Motor Co and Kia Motors Corp said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year, even as a stronger won erodes profitability.

  • Corporate  |  NOVEMBER 24, 2014 1:04 PM

    Samsung C&T wins RM1.5 bil Petronas Gas order

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    Samsung C&T Corp said in a statement today that it has won a US$460 million (RM1.5 billion) order to build a re-gasification terminal in the Johor Province of southern Peninsular Malaysia from Petronas Gas Berhad, a subsidiary of state-owned oil firm Petronas.

  • Featured and Exclusive & Opinion  |  NOVEMBER 24, 2014 1:03 PM

    Where’s the debate on the 11th Malaysia Plan?

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    With the 10th Malaysia Plan scheduled to end next year and the economy  clearly still stuck in the middle income trap, a major debate should have commenced by now about the key features of the 11th Malaysia Plan. It is …

  • Commodities  |  NOVEMBER 24, 2014 12:53 PM

    KLTM closes higher at US$20,200 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed higher by US$150 to US$20,200 per tonne on better demand, said a dealer.