STORIES TAGGED WITH

  • Corporate & Featured and Exclusive  |  JULY 25, 2014 7:03 PM

    MAS should takeover Air Asia says former MAS MD

    Story by
    www.bernama.com

    Former Malaysian Airline System Bhd (MAS) managing director, Abdul Aziz Abdul Rahman has suggested that the ailing carrier acquire profit-making AirAsia Bhd as a strategy to resolve its financial woes and return to profitability in the long term.

     
  • Featured and Exclusive & Opinion  |  JULY 25, 2014 6:46 PM

    India’s Chinese dream

    Story by
    www.project-syndicate.org

    SEOUL – In recent years, China and India have both emerged as global economic superpowers, with China leading the way. But, with Chinese growth slowing and the need for structural change becoming increasingly acute, will the economic-reform efforts of India’s …

     
  • Corporate & Property  |  JULY 25, 2014 6:43 PM

    London new goal for M’sian developers, says Knight Frank

    Story by
    [email protected]

    According to Knight Frank Malaysia Sdn Bhd’s associate director, Herbert Leong, developers in Malaysia are looking towards London as the next target, saying that the developers are keen to tap into the market there. Among some of the names bandied about include SP Setia Bhd, the Berjaya Group, as well as Eastern & Oriental Bhd.

     
  • Corporate  |  JULY 25, 2014 6:32 PM

    UOBKH downgrades Sarawak Oil Palm

    Story by
    [email protected]

    Sarawak Oil Palms was downgraded by UOB Kay Hian to a Hold recommendation, with a lower target price of RM7.05 from a previous RM7.80. While the group had seen a good first half to 2014, a slowdown is expected in …

     
  • World Biz  |  JULY 25, 2014 6:07 PM

    Digital to boost beauty biz- L’Oreal chairman

    Story by
    www.bloomberg.com

    When Jean-Paul Agon put on makeup at a L’Oreal SA board meeting last month, the biggest surprise wasn’t how the French company’s chairman looked in its lipstick, blush and eyeshadow. It was how easy it was to take it off. …

     
  • Corporate  |  JULY 25, 2014 6:03 PM

    Rafizi denies seeking commissions from Splash

    Story by
    [email protected]

    Strategic director of opposition party PKR (Parti Keadilan Rakyat) Rafizi Ramli has denied interfering in Selangor’s water restructuring negotiations and seeking payouts from private water concessionaire Splash (Syarikat Pengeluar Air Selangor). “There have been wild allegations directed at me and …

     
  • Corporate  |  JULY 25, 2014 6:00 PM

    TNB inks investment agreement in Sri Lanka

    Story by
    [email protected]

    Government-linked utility provider Tenaga Nasional Bhd (TNB) announced today in a regulatory filing that it has signed an investment agreement in relation to a 35MW (megawatt) renewable energy hybrid wind and solar power project in Jaffna, Sri Lanka. TNB said …

     
  • Corporate  |  JULY 25, 2014 5:58 PM

    Icon falls; Maybank IB no longer stabilising manager

    Story by
    [email protected]

    Shares of offshore services provider Icon Offshore Bhd fell by 3.9% to RM1.73 with 1.21 million shares done at 10.06 am this morning, following news that Maybank Investment Bank Bhd (Maybank IB) had ceased to be the stabilising manager for …

     
  • Markets  |  JULY 25, 2014 5:45 PM

    KL shares ends slightly higher

    Story by
    www.bernama.com

    Last-minute buying in selected heavyweights pushed the local benchmark to close slightly positive, dealers said.

     
  • Commodities  |  JULY 25, 2014 5:35 PM

    Rubber market ends marginally lower

    Story by
    www.bernama.com

    The Malaysian rubber market ended slightly lower today weighed down by weaker crude oil prices and slower US economic growth projection, a dealer said.

     
  • World Biz  |  JULY 25, 2014 5:33 PM

    MH17: KLM CEO wants ‘justice to be done’

    Story by
    www.bloomberg.com

    KLM Chief Executive Officer Camiel Eurlings called for “justice to be done” after 194 Dutch citizens died in a crash of Malaysian Air MH17 that was most likely downed by a missile strike in eastern Ukraine last week. “Our first …

     
  • Markets  |  JULY 25, 2014 5:30 PM

    Ringgit ends higher against US dollar on renewed demand

    Story by
    www.bernama.com

    The ringgit closed marginally higher against the US dollar and other major currencies Friday on renewed demand for the domestic currency.

     
  • Corporate  |  JULY 25, 2014 5:27 PM

    CIMB downgrades Public Bank to ‘sell’

    Story by
    [email protected]

    CIMB Investment Bank downgraded Public Bank Bhd to a ‘sell’, lowering their target price for the bank to RM17.50 from RM19.40. The downgrade, made due to the high valuation of the bank’s shares, arrives on the back of the lower-than-expected …

     
  • Corporate  |  JULY 25, 2014 5:23 PM

    RM27 bil open tender for Penang Transport Master Plan

    Story by
    www.bernama.com

    The Penang government is calling for an open tender to appoint a Project Delivery Partner (PDP) to help implement the RM27 billion Penang Transport Master Plan.

     
  • Corporate, Economy, Featured and Exclusive  |  JULY 25, 2014 5:20 PM

    98% of M’sian businesses still not GST registered

    Story by
    [email protected]

    Approximately 98% of qualified businesses are still not registered for the new GST (Goods and Services Tax), says Khazali Ahmad, director general (DG) of the Royal Malaysian Customs Department. “Of 300,000 potential businesses that qualify for GST, only 6,301 companies …

     
  • Commodities  |  JULY 25, 2014 5:15 PM

    UOBKH upgrades MAHB to ‘hold’

    Story by
    [email protected]

    UOB Kay Hian raised their call for Malaysia Airports Holdings Bhd to a ‘hold’, raising their target price for the airport operator to RM7.80 from RM7.10, as the research house is encouraged by the improvement in the group’s earnings before …

     
  • Corporate  |  JULY 25, 2014 5:09 PM

    OCBC named Malaysian SME bank of the year

    Story by
    [email protected]

    OCBC Bank (Malaysia) Berhad has been named Malaysia’s SME Bank of the Year by Singapore-based magazine Asian Banking and Finance (ABF). The bank, also bagging the top award for Indonesia as well as the overall Asean SME Bank of the …

     
  • World Biz  |  JULY 25, 2014 5:00 PM

    Air crashes set year on course to be deadliest since 2005

    Story by
    www.bloomberg.com

    Three fatal airline crashes in a week mean 2014 is shaping up to become the worst year in almost a decade for passenger fatalities. The crash of a McDonnell Douglas MD-83 aircraft on the fringes of the Sahara desert yesterday …

     
  • Corporate  |  JULY 25, 2014 4:48 PM

    Malindo plans to add 6 more planes by year-end

    Story by
    www.bernama.com

    Malaysia's hybrid airline, Malindo Air plans to add six more planes to its fleet of 15 aircraft by year-end to strengthen its operations.

     
  • Markets  |  JULY 25, 2014 4:40 PM

    EU warns global trade talks risk falling apart

    Story by
    www.bloomberg.com

    The European Union warned that World Trade Organization talks risked falling apart as India seeks to renegotiate part of a breakthrough agreement reached last year. WTO members are striving to pass part of a package of deals reached last December …

     
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