STORIES TAGGED WITH

  • World Biz  |  AUGUST 21, 2014 10:54 PM

    “StanChart will work with regulators after UAE warning”

    Story by
    www.reuters.com

    Standard Chartered on Thursday said it would work with regulators after the United Arab Emirates central bank warned it could face legal action after agreeing to close some customers’ UAE accounts in an anti-money laundering settlement. “We have noted the …

     
  • World Biz  |  AUGUST 21, 2014 10:48 PM

    Don’t let them eat cake – John Lewis cuts loyalty perks

    Story by
    www.reuters.com

    John Lewis, Britain’s biggest department store chain, has dropped one of the key benefits of its loyalty card scheme – regular free tea, coffee and cake – less than a year after introducing the perk. The 150-year-old group, whose worker …

     
  • Economy  |  AUGUST 21, 2014 10:21 PM

    Right time to take M’sia to the next level- economist

    Story by
    www.bernama.com

    Malaysia has reached a point where certain right policies should be introduced in order to take the country to the next level, said Fung Global Institute (Hong Kong) president, Andrew Sheng Len Tao. He said Malaysia was geographically well-positioned at …

     
  • Corporate  |  AUGUST 21, 2014 10:13 PM

    Ongkili confident Langat 2 will be completed on time

    Story by
    www.bernama.com

    Energy, Green Technology and Water Minister, Dr Maximus Ongkili is confident that the construction of the Air Langat Water Treatment Plant 2 (Langat 2) will be completed within the period set. He said when visiting the project site today, he …

     
  • Corporate  |  AUGUST 21, 2014 9:24 PM

    M’sia clinches RM3 bil deal at Farnborough Airshow

    Story by
    www.bernama.com

    About RM3 billion worth of business in the form of potential investment and export opportunities of Malaysian aerospace products and services was generated through seminars and business to business sessions during the Farnborough International Airshow (FIA) 2014. The Malaysian pavillion …

     
  • Issues  |  AUGUST 21, 2014 9:00 PM

    Is the crude oil scheme too good too be true?

    Story by
    [email protected]

    Amid transparency issues and reported links to a man reportedly convicted of fraud, the crude oil investment scheme is actively seeking regulation from Malaysian authorities, said its promoters.

     
  • Corporate  |  AUGUST 21, 2014 8:29 PM

    Oriental 2Q pre-tax profit surges to RM74.17 mil

    Story by
    www.bernama.com

    Oriental Holdings Bhd’s pre-tax profit for the second quarter ended June 30, 2014 rose to RM74.17 million from RM31.91 million in the same period last year. Revenue increased to RM889.26 million from RM661.8 million previously, it said in a filing …

     
  • Commodities  |  AUGUST 21, 2014 8:24 PM

    CPO futures prices continue downtrend

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives continued its downtrend for the seventh consecutive trading days to close at its lowest level since October 2009 today, a dealer said. He said the prices continued to fall due …

     
  • Corporate  |  AUGUST 21, 2014 8:22 PM

    Dialog pre-tax profit rises to RM276.5 mil in FY2014

    Story by
    www.bernama.com

    Dialog Group Bhd’s pre-tax profit grew to RM276.5 million for the financial year ended June 30, 2014 from RM232.33 million raked in the previous financial year. Revenue jumped 14.1%, during the period under review, to RM2.55 billion from RM2.34 billion …

     
  • Corporate  |  AUGUST 21, 2014 8:17 PM

    Econpile posts RM45 mil pre-tax profits on property boost

    Story by
    [email protected]

    Econpile Holdings Bhd reported a revenue of RM418.7 million for the financial year just ended. The group had also recorded a profit before tax of RM45.6 million, with both revenue and profits attributed to the piling and foundation services which …

     
  • Corporate  |  AUGUST 21, 2014 8:15 PM

    QL Resources posts RM40 mil 1Q profits

    Story by
    [email protected]

    QL Resources Bhd, an agro-food company, posted revenue of RM653.5 million for the first quarter of the financial year ending 2015 (1QFY15), up 12% from the same corresponding period the previous year. The company registered profit before tax (PBT) of …

     
  • Corporate, Featured and Exclusive, Property  |  AUGUST 21, 2014 8:07 PM

    Eco World 3Q earnings dip on lack of launches

    Story by
    [email protected]

    Going forward however the developer is optimistic as it had expected a muted performance for the current financial year, banking on its expansion plans for strong growth down the road.

     
  • Corporate  |  AUGUST 21, 2014 7:51 PM

    Sumatec issued UMA query

    Story by
    [email protected]

    Oil and gas player Sumatec Resources Bhd has been issued an unusual market activity query by Bursa Malaysia, on account of the group’s share price hitting an unusually high volume of trade. The stock has recently been among the most …

     
  • Corporate  |  AUGUST 21, 2014 6:55 PM

    Scomi Energy’s 1Q pre-tax profits dip to RM30 mil

    Story by
    www.bernama.com

    Scomi Energy Services Bhd's pre-tax profit for the first quarter ended June 30, 2014 fell to RM30.77 million from RM33.95 million in the same period last year.

     
  • Corporate  |  AUGUST 21, 2014 6:36 PM

    GAB 4Q profits up 40%; FY profit dips

    Story by
    [email protected]

    Brewery Guinness Anchor Berhad (GAB) saw its full-year net profits dip 9% to RM198.2 million from RM217.6 million previously. Revenue for the year ending June 2014 was flat at RM1.61 billion versus RM1.67 billion on weak consumption and competition from …

     
  • Corporate  |  AUGUST 21, 2014 6:31 PM

    Naim Holdings 1H14 double on Dayang selldown

    Story by
    [email protected]

    The one-off gain helped offset reduced earnings from Naim’s property division as its construction arm returned to the black

     
  • Markets  |  AUGUST 21, 2014 6:24 PM

    KL shares close easier on profit-taking

    Story by
    www.bernama.com

    Shares on Bursa Malaysia closed on easier note today on profit-taking, dealers said.

     
  • Corporate  |  AUGUST 21, 2014 6:16 PM

    Selangor Dredging 1Q pre-tax profit rises to RM15.11 million

    Story by
    www.bernama.com

    Selangor Dredging Bhd's (SDB) pre-tax profit rose to RM15.11 million for the first quarter ended June 30, 2014 from RM11.92 million in the same quarter a year ago.

     
  • Corporate  |  AUGUST 21, 2014 5:56 PM

    Magnum pre-tax profit rises to RM94.58 mil

    Story by
    www.bernama.com

    Magnum Bhd's pre-tax profit for the second quarter ended June 30, 2014 rose to RM94.58 million from RM86.35 million in the same period last year.

     
  • Corporate  |  AUGUST 21, 2014 5:50 PM

    CIMB Thai, AIS collaborate on mobile banking solution

    Story by
    www.bernama.com

    CIMB Bank pcl (CIMB Thai) and Advance Info Service pcl (AIS) today signed a memorandum of understanding (MOU) to formalise Thailand’s first business alliance between a bank and a mobile service operator. Under the MOU, CIMB Thai and AIS would …

     
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