STORIES TAGGED WITH

  • Featured and Exclusive & World Biz  |  JULY 22, 2014 9:18 PM

    Joko wins 2014 Indonesian presidential election

    Story by
    www.bernama.com

    Indonesia's General Elections Commission (KPU) on Tuesday completed the recapitulation of votes for the 2014 presidential election, with presidential candidate Joko Widodo securing 70,997,833 votes, while his competitor Prabowo Subianto received 62,576,444 votes, Indonesia's Antara news agency

     
  • World Biz  |  JULY 22, 2014 9:16 PM

    Chinese airlines told to cut flights amid ‘exercises’

    Story by
    www.bloomberg.com

    Airlines have been ordered to cut a quarter of their flights at a dozen Chinese airports, including two of the country’s busiest in Shanghai, to accommodate four weeks of “high frequency exercises,” state media reported. Shanghai’s Pudong and Hongqiao international …

     
  • Corporate  |  JULY 22, 2014 9:11 PM

    WCT bags RM342 mil Petronas Pengerang job

    Story by
    [email protected]

    WCT Holdings Bhd has been awarded a contract to build and maintain access roads at the massive Petronas refinery and petrochemical integrated development in Pengerang, Johor (Rapid) worth RM342 million. The construction and property development company accepted a letter of …

     
  • World Biz  |  JULY 22, 2014 9:03 PM

    Coca-Cola misses sales estimates

    Story by
    www.bloomberg.com

    Coca-Cola Co., the world’s largest beverage company, reported second-quarter sales that missed analysts’ estimates amid sluggish demand for drinks such as juice and Diet Coke in North America. Revenue fell 1.4% to US$12.6 billion (RM40 billion) in the period, Atlanta-based …

     
  • Issues  |  JULY 22, 2014 9:00 PM

    The start of the noodle company

    Story by
    [email protected]

    In the first of a three-part series, KiniBiz looks into the past, and explores the beginnings of Mamee-Double Decker, a widely-known brand name. We follow the company as it opens its doors in Ayer Keroh, Malacca.

     
  • World Biz  |  JULY 22, 2014 8:51 PM

    McD’s profit trails estimates as US sales slump persists

    Story by
    www.bloomberg.com

    McDonald’s Corp., the largest restaurant chain by sales, posted second-quarter profit that trailed analysts’ estimates after a US sales slump lingered. Net income fell less than 1% to US$1.39 billion, or US$1.40 a share, from US$1.4 billion, or US$1.38, a …

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:36 PM

    Can Sona get SC approval for Salamander deal?

    Story by
    [email protected]

    Questions are being raised as to whether Sona Petroleum Bhd (Sona) will be able to secure the Securities Commission’s approval for its proposed acquisition of a 40% effective stake in Salamander Energy (Bualuang) Limited (SEBG). SEBG is owned by Salamander …

     
  • Corporate  |  JULY 22, 2014 7:24 PM

    BAT earnings 14% higher on better margins

    Story by
    [email protected]

    British American Tobacco today reported second quarter pre-tax profit of RM429 million on revenue growth of 6%

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:24 PM

    Experts says data in MH17 black box cannot be changed

    Story by
    www.bernama.com

    According to aviation experts, the data contained in the black box of MH17's cannot be modified. Any tampering of the data will be detected.

     
  • Commodities  |  JULY 22, 2014 7:22 PM

    CPO futures closes lower on weak demand

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices of Bursa Malaysia Derivatives closed lower today on weak demand amid bearish external sentiment, a dealer said. Phillip Futures Sdn Bhd Derivative Product Specialist, David Ng, said CPO futures closed in the red again …

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:05 PM

    SC takes seven to High Court for share manipulation

    Story by
    [email protected]

    The Securities Commission (SC) is taking seven individuals to court for alleged manipulation of DVM Technology Berhad shares. In a statement today, the commission said the enforcement action is taken at the Kuala Lumpur High Court against Kenneth Vun @ …

     
  • World Biz  |  JULY 22, 2014 6:58 PM

    Verizon beats earnings estimates

    Story by
    www.bloomberg.com

    Verizon Communications Inc., the largest US wireless carrier, exceeded profit estimates on stronger customer gains even as T-Mobile US Inc. brought more promotions and price cuts to the industry. Second-quarter earnings of 91 cents a share, excluding some items, beat …

     
  • Corporate  |  JULY 22, 2014 6:49 PM

    Ford Motor Company to end 2014 on a positive note

    Story by
    www.bernama.com

    Ford Motor Company is confident of ending the year on a positive note based on last year’s performance which was the best annual record in 20 years where sales rose 50% to 10,660 units. Contributing to this superlative performnce was …

     
  • Corporate  |  JULY 22, 2014 6:36 PM

    I-Bhd eyes more JVs in next phase of growth

    Story by
    www.bernama.com

    I-Berhad, the developer of i-City here, is eyeing for more joint ventures with local partners to undertake urban development projects in its next phase of growth plan. I-Berhad deputy chairman Eu Hong Chew said the company was scouring for land …

     
  • Corporate  |  JULY 22, 2014 6:30 PM

    Analysts: Maxis profits fall expected

    Story by
    [email protected]

    While the profit dip seen in the company’s latest quarter was expected, analysts say they expect a better showing in coming quarters

     
  • Corporate  |  JULY 22, 2014 6:27 PM

    Mamee Chef makes the grade

    Story by
    [email protected]

    Homegrown Mamee-Double Decker Sdn Bhd’s Mamee Chef Curry Laksa cup noodles was voted to the top in the Top Ten Cup noodles list by the blogger going by The Ramen Rater. THe US-based blogger released his Top Ten Cups list …

     
  • World Biz  |  JULY 22, 2014 6:22 PM

    Mercedes to close China gap with new models

    Story by
    www.bloomberg.com

    Daimler AG’s Mercedes-Benz expects to outpace the growth in industry sales of premium autos in China this year, after merging two competing sales networks and adding new models including its new C-class sedan. The automaker is confident that it will …

     
  • Corporate  |  JULY 22, 2014 6:20 PM

    TNB inks PPA with 1MDB, Mitsui for power

    Story by
    [email protected]

    The national utility signed agreements for the sale and purchase of power from as well as the supply and delivery of coal to the consortium's 2,000 MW plant to be built in Jimah, Port Dickson

     
  • Commodities  |  JULY 22, 2014 6:02 PM

    Rubber closed lower on stronger ringgit

    Story by
    www.bernama.com

    The Malaysian rubber market closed marginally lower today on stronger ringgit despite the rise on the benchmark Tokyo Commodity Exchange, a dealer said.

     
  • Markets  |  JULY 22, 2014 5:58 PM

    Bursa ends firmer on gains by selected heavyweights

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia closed higher today, lifted by gains on selected heavyweight counters, dealers said.

     
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