STORIES TAGGED WITH

  • World Biz  |  SEPTEMBER 17, 2014 5:09 PM

    China Mobile focuses on cheap devices amid iPhone 6 wait

    Story by
    www.bloomberg.com

    China Mobile Ltd. will focus on selling cheaper phones that don’t require subsidies as the world’s largest carrier said it doesn’t know when Apple Inc.’s iPhone 6 will be available in the nation. China Mobile will offer unsubsidized phones that …

     
  • Commodities & Economy  |  SEPTEMBER 17, 2014 5:06 PM

    Thailand suffers RM31 bil loss due to rice support scheme

    Story by
    www.reuters.com

    Thailand has so far lost 320 billion baht (RM31.9 billion) from a 16-month rice support scheme and the final cost will rise substantially, the state bank that helped manage the scheme said on Wednesday, citing Finance Ministry estimates.

     
  • TigerTalk  |  SEPTEMBER 17, 2014 5:03 PM

    To raise (or not) interest rates

    Story by
    [email protected]

    Tomorrow Bank Negara Malaysia’s committee meets again to decide whether or not to raise interest rates. Tiger thinks the last interest rate rise in July was unwarranted and therefore surmises the interest rate should be left well alone this time …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 4:38 PM

    EPF: 249 directors prevented from leaving the country

    Story by
    [email protected]

    The Employees Provident Fund (EPF) has submitted 249 names of company directors to the Immigration Department between April and June 2014 (2Q14) to prevent them from leaving the country without first settling their EPF contribution arrears, as provided under Section …

     
  • Events  |  SEPTEMBER 17, 2014 4:36 PM

    Legoland marks 2nd anniversary with Star Wars launch

    Story by
    [email protected]

    Legoland Malaysia Resort marked its second anniversary on Sept 15 with the launch of the Lego Star Wars Miniland Model Display.

     
  • Corporate  |  SEPTEMBER 17, 2014 4:24 PM

    ICT not expected to be on GST-exempt list

    Story by
    [email protected]

    The National ICT Association of Malaysia (Pikom) does not expect to be in the exempt list under the upcoming goods and services tax (GST).

     
  • Commodities, Featured and Exclusive, World Biz  |  SEPTEMBER 17, 2014 4:11 PM

    Deeper Saudi oil cuts to stabilise prices

    Story by
    www.bloomberg.com

    In the midst of declining oil prices, Saudi Arabia may need to keep cutting oil output to sustain prices above RM322 a barrel.

     
  • Commodities & World Biz  |  SEPTEMBER 17, 2014 4:09 PM

    Thai rubber growers demand probe over stockpile sale

    Story by
    www.reuters.com

    Thai rubber growers are calling for an investigation into government claims it sold half the country's stockpile of the commodity, as farmers grow increasingly disillusioned with what they see as a lack of state support.

     
  • Markets  |  SEPTEMBER 17, 2014 4:00 PM

    KL shares easier at mid-afternoon

    Story by
    www.bernama.com

    Shares on Bursa Malaysia were easier at mid-afternoon today on cautious trading.

     
  • World Biz  |  SEPTEMBER 17, 2014 3:57 PM

    Hirai runs low on options as smartphone biz falters

    Story by
    www.bloomberg.com

    Sony Corp. Chief Executive Officer Kazuo Hirai is running out of options to turn around Japan’s iconic consumer-electronics maker. The Tokyo-based company said today it would report a wider full-year loss because its smartphone business is faltering. Sony is taking …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 3:50 PM

    Malaysia key Internet growth market for Telenor

    Story by
    [email protected]

    Malaysia is the biggest market for Telenor Group in terms of Internet growth going forward, said Sigve Brekke, its executive vice president and Head of Asia Operations and DiGi.Com Bhd’s chairman. He added that DiGi is at the forefront of …

     
  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 3:49 PM

    Xi Jinping expects China and India to drive global economy

    Story by
    www.reuters.com

    Chinese President Xi Jinping says a combination the "world's factory" and the "world's back office" will drive global economic growth.

     
  • World Biz  |  SEPTEMBER 17, 2014 3:42 PM

    Vodacom to use Neotel deal to expand high-speed fiber cable

    Story by
    www.bloomberg.com

    Vodacom Group Ltd. plans to use its agreed acquisition of Internet provider Neotel Pty Ltd. to speed up the introduction of high-speed fiber-optic cable for South African businesses and homes. The phone company will invest more than 1 billion rand …

     
  • World Biz  |  SEPTEMBER 17, 2014 3:23 PM

    Airbus to keep A380 build rate as deals remain elusive

    Story by
    www.bloomberg.com

    Airbus Chief Executive Officer Fabrice Bregier said the company can maintain a production rate of almost 30 A380 a year even amid slack demand, and will seek to build fresh interest with superjumbos coming off lease. Bregier, speaking at the …

     
  • Corporate  |  SEPTEMBER 17, 2014 3:20 PM

    Mercedes mulls price cut after introduction of GST

    Story by
    www.bernama.com

    Mercedes-Benz Malaysia Sdn Bhd vice president of sales and marketing, Kai Schlickum says that the introduction of the Goods and Services Tax (GST) next year is likely to reduce the prices of Mercedes Benz cars.

     
  • Finance  |  SEPTEMBER 17, 2014 3:12 PM

    Asya sukuk world’s worst as Erdogan fuels feud

    Story by
    www.bloomberg.com

    A feud between Turkish President Recep Tayyip Erdogan and a US-based Islamic cleric has made sukuk from Asya Katilim Bankasi AS the worst-performing in the world. Debt from the Shariah-compliant lender known as Bank Asya, which was founded by followers …

     
  • Corporate, Economy, World Biz  |  SEPTEMBER 17, 2014 3:10 PM

    Telenor says good regulators spur M’sian telco growth

    Story by
    www.bernama.com

    Norways’s Telenor Group, a parent company of Digi Telecommunications Bhd, sees Malaysia having the potential of higher penetration in terms

     
  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 2:52 PM

    Sony widens loss forecast amid smartphone competition

    Story by
    www.bloomberg.com

    Sony Corp. widened its full year net loss forecast to 230 billion yen (RM6.9 billion) from a 50 billion yen loss and suspended its dividend after writing down the value of its smartphone business. Shares fell in German trading. The Tokyo-based …

     
  • Commodities & Corporate  |  SEPTEMBER 17, 2014 2:34 PM

    M’sia, Indonesia eye Indian vegetable oil mart- report

    Story by
    www.bernama.com

    Malaysia and Indonesia, the world’s major producers of vegetable oil, are eyeing India’s US$10 billion market, Business Standard reported. “Both are competing in export policy, making India a dumping ground for palm oil,” the Solvent Extractors’ Association’s (SEA) executive director, …

     
  • World Biz  |  SEPTEMBER 17, 2014 2:20 PM

    Goldman sees surprising Chinese demand for HK stocks

    Story by
    www.bloomberg.com

    Chinese purchases of Hong Kong stocks through a planned exchange link may exceed estimates as individual investors buy casino and tech shares

     
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