STORIES TAGGED WITH

  • Corporate  |  SEPTEMBER 3, 2014 12:01 AM

    Miti starts early investigation on steel imports

    Story by
    [email protected]

    “The Government has determined that there is sufficient evidence of dumping, injury and causal link,” Miti said on the reason for the investigation, which follows a previous safeguard investigation.

     
  • Events & Property  |  SEPTEMBER 2, 2014 10:53 PM

    Cityscape M’sia aims to generate RM15.5 mil

    Story by
    www.bernama.com

    Cityscape Malaysia 2015, the world’s largest real estate investment and development event, aims to generate an estimated RM15.5 million in economic impact. In a statement today, Malaysia Convention and Exhibition Bureau (MyCEB) said the event, from Feb 4-6 next year, was …

     
  • World Biz  |  SEPTEMBER 2, 2014 10:43 PM

    “CEO switch at AIG like changing generals after war”

    Story by
    www.bloomberg.com

    The leadership transition at insurer American International Group Inc. is like switching generals after winning a war, Chairman Steve Miller said today. “We’re changing generals as we move from wartime to peacetime,” Miller, 72, said today in an interview with …

     
  • Issues  |  SEPTEMBER 2, 2014 9:00 PM

    Malaysia Airlines’ history of failed recovery

    Story by
    [email protected]

    Since the government re-took ownership of MAS following the disastrous privatisation of the national airline in the late 1990s, there had been various efforts undertaken to return the national carrier to long-term, sustainable profitability. In the first of four pieces, Kinibiz recaps the last few restructuring plans that were undertaken and have ultimately failed.

     
  • Corporate  |  SEPTEMBER 2, 2014 8:57 PM

    MASwings to introduce new business plan

    Story by
    www.bernama.com

    MASwings Sdn Bhd, a subsidiary of Malaysia Airlines (MAS), plans to introduce a new business plan, including improving the quality of rural air services in Sabah and Sarawak next year. Its chief executive officer, Captain Ritzerwan Rashid, said the plan was …

     
  • Corporate  |  SEPTEMBER 2, 2014 8:36 PM

    Muhibbah bags RM100 mil BASF Petronas deal

    Story by
    www.bernama.com

    Muhibbah Engineering (M) Bhd has bagged a RM100 million contract from BASF Petronas Chemicals Sdn Bhd. The contract was for the construction, fabrication and installation of the new aroma chemical complex for lemongrass project located in Kuantan. “Construction works will commence immediately …

     
  • Commodities  |  SEPTEMBER 2, 2014 8:25 PM

    CPO futures prices end higher

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher today on the back of strong performance of the soybean oil market, a dealer said. “However, sluggish performance in exports for the month of August raised concerns over …

     
  • Corporate  |  SEPTEMBER 2, 2014 7:57 PM

    Signature Int’s unit to acquire land for RM50.78 mil

    Story by
    www.bernama.com

    Signature International Bhd’s unit Signature Realty Sdn Bhd is acquiring five parcels of industrial land measuring 15.73 hectares within Techpark Two in Bandar Enstek, Negeri Sembilan for RM50.78 million. The properties will be earmarked for the future development of a …

     
  • Corporate  |  SEPTEMBER 2, 2014 7:33 PM

    MAS restructuring plan must be brave- Musa Hitam

    Story by
    www.bernama.com

    The radical restructuring plan to revive the ailing Malaysia Airlines (MAS) must be brave enough, be innovative and think out of the box, former Deputy Prime Minister Musa Hitam said. “I wish for the sake of the country, this time we …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 2, 2014 7:30 PM

    Maxis Communications Bhd denies wrongdoing in Indian scandal

    Story by
    [email protected]

    Local telco Maxis Communications Bhd (MCB) has denied any allegation of wrongdoing with to charges filed against tycoon Ananda Krishnan and Maxis director Ralph Marshall in India over telecommunications deals done in that country.

     
  • World Biz  |  SEPTEMBER 2, 2014 7:27 PM

    China Mobile bulls surge on earnings turnaround bets

    Story by
    www.bloomberg.com

    Bets that China Mobile Ltd.’s US$2 billion (RM6.3 billion) cut in handset subsidies will help the world’s biggest phone company reverse a profit slump pushed bullish options on the stock to a 19-month high. One-month calls that pay out if …

     
  • World Biz  |  SEPTEMBER 2, 2014 7:11 PM

    JPMorgan sees European banks rising 10%

    Story by
    www.bloomberg.com

    Deutsche Bank AG and Societe Generale SA are among lenders seen driving a 10% gain among European banks by year-end as investor concerns over their capital levels and legal bills ease, JPMorgan Chase & Co. analysts said. European bank shares, …

     
  • Corporate  |  SEPTEMBER 2, 2014 7:01 PM

    Pantai Holdings to transfer 100% equity to Parkway Pantai

    Story by
    www.bernama.com

    IHH Healthcare Bhd's (IHH) indirect unit, Parkway Pantai Ltd (PPL), has received the approval from the Inland Revenue Board of Malaysia (IRB) for the transfer of 100% equity interest in Pantai Holdings Bhd (PHB) to PPL.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 2, 2014 6:36 PM

    Sime Darby battens down the hatches Down Under

    Story by
    [email protected]

    In Australia, diversified conglomerate Sime Darby Group Berhad is laying off nearly 8% of its workforce as it braces for prolonged headwinds caused depressed coal prices to continue.

     
  • Corporate & World Biz  |  SEPTEMBER 2, 2014 6:27 PM

    Berjaya to dispose of share in Berjaya (China) Great Mall

    Story by
    www.bernama.com

    Berjaya Land Bhd's unit, Berjaya Leisure (Cayman) Ltd (BCayman), together with Berjaya Times Square (Cayman) Ltd (BTS-Cayman) are disposing of a total of 70% stake in Berjaya (China)Great Mall Co Ltd (GMOC) to Carnival Group.

     
  • Corporate  |  SEPTEMBER 2, 2014 6:15 PM

    EPF 2Q14 investment income up 13% to RM10.4 bil

    Story by
    www.bernama.com

    The Employees Provident Fund (EPF) has recorded a 13.47% surge in investment income to RM10.40 billion for the second quarter ended June 31, 2014 compared with RM9.16 billion in the corresponding quarter last year.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 2, 2014 6:01 PM

    Audi Malaysia shapes up with Buschmann made MD

    Story by
    [email protected]

    DRB-Hicom’s Euromobil hands over distributorship to new team from Audi headed by marketer Immo Buschmann

     
  • Commodities  |  SEPTEMBER 2, 2014 5:29 PM

    Rubber market ends mixed

    Story by
    www.bernama.com

    The Malaysian rubber market ended mixed today amid negative sentiment as growth in China's vast factory sector slackened in August on slowing foreign and domestic demand, a dealer said.

     
  • Markets  |  SEPTEMBER 2, 2014 5:26 PM

    KL shares close lower on lack of buying momentum

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia closed lower today on lack of buying momentum.

     
  • Markets  |  SEPTEMBER 2, 2014 5:25 PM

    Ringgit ends lower against US dollar

    Story by
    www.bernama.com

    The ringgit extended losses to the third consecutive trading day against the US dollar today, with the greenback becoming more attractive to investors, dealers said.

     
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