STORIES TAGGED WITH

  • World Biz  |  MARCH 5, 2015 3:54 PM

    Adidas sees growth as golf business recovers

    Story by
    www.reuters.com

    German sportswear company Adidas expects robust sales growth in 2015 as its golf business improves and consumer confidence recovers, while net profit should rise faster still despite exchange rate hits and higher marketing spending.

     
  • Events  |  MARCH 5, 2015 3:52 PM

    MPTF 2015 kicks off at Spice tomorrow

    Story by
    www.bernama.com

    The Malaysia Premium Travel Fair (MPTF) 2015 will kick off at the Subterranean Penang International Convention and Exhibition Centre (Spice) here, starting tomorrow.

     
  • Markets  |  MARCH 5, 2015 3:41 PM

    KL shares easier at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia remained in the red mid-afternoon on continued profit taking in most heavyweights, dealers said.

     
  • Commodities, Corporate, Featured and Exclusive  |  MARCH 5, 2015 3:27 PM

    FFM bullish on wheat prices in 2015

    Story by
    [email protected]

    FFM Bhd, Malaysia's largest flour miller in Malaysia, is bullish on wheat prices for the coming year.

     
  • Corporate  |  MARCH 5, 2015 3:22 PM

    Maybank expects strong retail SME financing growth

    Story by
    [email protected]

    Malayan Banking Bhd (Maybank) anticipates strong retail small and medium enterprise (SME) financing growth this year after recording a strong 43% rise in this segment to RM7.5 billion in 2014. As at Dec 31, 2014, its business banking grew 6.5% …

     
  • World Biz  |  MARCH 5, 2015 3:13 PM

    Lion Air’s pricing raises concerns among airlines

    Story by
    www.dpa.com

    Thai Lion Air's new pricing model has raised concerns among other low-cost carriers, a media report said Thursday.

     
  • Commodities & World Biz  |  MARCH 5, 2015 3:09 PM

    Philippine coconut oil exports low due to typhoon impacts

    Story by
    www.reuters.com

    Coconut oil exports by the Philippines is expected to remain weak in 2015 due to the lingering impact of typhoons and a pest attack, while a slow pace of replanting means supply will take at least five years to recover.

     
  • Corporate, Featured and Exclusive, Property  |  MARCH 5, 2015 3:01 PM

    50% Southern Marina Iskandar condo units sold

    Story by
    [email protected]

    PPB Group Bhd announced today that 50% of 220 condominium units in tower 1 of its Southern Marina Residences project in Iskandar Malaysia, Johor have been sold in soft launches. PPB Group’s property division chief operating officer Chew Hwei Yeow …

     
  • Corporate & Featured and Exclusive  |  MARCH 5, 2015 2:52 PM

    Capital raising to exceed RM90 bil again in 2015

    Story by
    [email protected]

    The Securities Commission of Malaysia (SC) said today that it expects capital raising to exceed RM90 billion again in 2015, making this the fourth consecutive year capital raising would exceed the said amount.

     
  • World Biz  |  MARCH 5, 2015 2:46 PM

    Women make few inroads on corporate boards

    Story by
    www.bloomberg.com

    The E&Y report says that only 16% of all board seats of the S&P 1,500 are held by women -- “less than the proportion of seats held by directors named John, Robert, James and William.”

     
  • Corporate & Property  |  MARCH 5, 2015 2:43 PM

    MK Land to launch two projects in April-June

    Story by
    www.bernama.com

    Property developer, MK Land Holdings Bhd, will launch two projects this year with a combined gross development value of RM600 million, says group chief executive officer Lau Shu Chuan.

     
  • Corporate & Featured and Exclusive  |  MARCH 5, 2015 2:42 PM

    GSC lobbying for reduction of 20% entertainment tax

    Story by
    [email protected]

    Cinema giant Golden Screen Cinemas Sdn Bhd (GSC) is lobbying the Customs and Treasury departments in an effort to reduce or waive the entertainment tax levied on film exhibitors, once the goods and services tax (GST) kicks in April 1.

     
  • Corporate, Featured and Exclusive, Finance  |  MARCH 5, 2015 2:25 PM

    CIMB sees oil gain lifting sukuk sales

    Story by
    www.bloomberg.com

    Malaysia’s corporate sukuk sales will rebound from the worst start to a year since 2010 as a recovery in oil prices spurs issuance before the US raises interest rates, according to the top arrangers.

     
  • Corporate & Property  |  MARCH 5, 2015 2:22 PM

    Bina Puri secures RM128.5 mil spa resort deal in Terengganu

    Story by
    www.bernama.com

    Bina Puri Holdings Bhd, the country’s integrated civil and building construction services provider, has secured a RM128.5 million contract to construct a spa resort complex in Chendering Beach, Kuala Terengganu.

     
  • TigerTalk  |  MARCH 5, 2015 2:14 PM

    Too early to clear RM50 bil 1MDB of wrongdoing

    Story by
    [email protected]

    And so the Cabinet has said 1Malaysia Development Bhd (1MDB) has done no wrong. But whichever way Tiger pounces to find new perspectives, it cannot but resign himself to the fact that it is simply too early to exonerate 1MDB.

     
  • Property  |  MARCH 5, 2015 1:53 PM

    NYC luxury-home prices gain 19% last year

    Story by
    www.bloomberg.com

    New York luxury-home prices rose 19% last year, beating cities around the world, as the US economic recovery gathered pace and a growing number of upscale projects drew overseas buyers.

     
  • World Biz  |  MARCH 5, 2015 1:46 PM

    China loses 76,000 millionaires to other nations

    Story by
    www.bloomberg.com

    More than 76,000 Chinese millionaires emigrated or acquired citizenship of another country in the decade through 2013 amid global expansion by the nation’s companies.

     
  • Markets  |  MARCH 5, 2015 1:37 PM

    Rupiah sinks to weakest level since 1998

    Story by
    www.bloomberg.com

    The rupiah dropped to its weakest level since 1998 on concern slowing economic growth in China may worsen the nation’s trade balance.

     
  • Featured and Exclusive & Markets  |  MARCH 5, 2015 1:32 PM

    Ringgit falls to 6-year low on rate cut speculation

    Story by
    www.bloomberg.com

    Malaysia’s ringgit fell to a six-year low and government bonds rose on speculation the central bank is moving closer to cutting interest rates.

     
  • Markets  |  MARCH 5, 2015 1:19 PM

    HKEx profit up 14% as expected

    Story by
    www.reuters.com

    Hong Kong's stock exchange (HKEx) operator reported on Wednesday a 14% increase in annual profit as expected, with disappointing trading on the stock connect with Shanghai launched in November capping profit growth from the programme.

     
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