• Corporate  |  JANUARY 27, 2015 11:29 PM

    WCPSS adopts product transparency, disclosure

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    The Asean Working Committee on Payment and Settlement Systems (WCPSS) today adopted the Principles of Product Transparency and Disclosure (Principles) to improve the level of transparency on charges and service level offered by financial institutions in the Asean region for cross-border trade settlement.

  • Corporate & Economy  |  JANUARY 27, 2015 11:23 PM

    Oil slump won’t hinder AEC take-off, says Mustapa

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    The global slump in oil prices will not have an adverse effect towards the realisation of the Asean Economic Community (AEC), International Trade and Industry Minister Mustapa Mohamed said.

  • Corporate  |  JANUARY 27, 2015 11:14 PM

    GHL Systems units team up with Global Payments

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    GHL Systems Bhd's wholly owned units, GHL Cardpay Sdn Bhd and GHL Epayments Sdn Bhd, have signed an agreement with Global Payments Card Processing Malaysia Sdn Bhd to be a payment facilitator (PF) and payment service provider (PSP).

  • Corporate  |  JANUARY 27, 2015 11:10 PM

    MAHB eyes 3% passenger traffic growth this year

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    Malaysia Airports Holdings Bhd (MAHB) expects the 2015 passenger traffic to record 85.8 million movements, a growth of 3% from 2014.

  • Economy & World Biz  |  JANUARY 27, 2015 10:59 PM

    Leaving euro like Hotel California, says Greek minister

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    Greece should have never joined the euro area, but now that it’s in, a departure would be like falling from a cliff, he said. “The last line in Hotel California explains where we are: you can check out any time, but you can never leave,” he told Bloomberg Radio in May 2012.

  • World Biz  |  JANUARY 27, 2015 10:24 PM

    Macau casino shares jump as industry revenue gains

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    Macau casino shares jumped in Hong Kong trading after gaming revenue in the world’s biggest gambling hub gained last week, which analysts took as a sign the industry may be out of its free-fall of late last year.

  • Enterprise  |  JANUARY 27, 2015 10:22 PM

    DFB to invest RM25 mil in rice husk fuel pellet plant

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    Diyou Future Biomass Sdn Bhd (DFB) is investing RM25 million to build a pioneer rice husk fuel pellet plant in Malaysia.

  • Corporate & Featured and Exclusive  |  JANUARY 27, 2015 10:15 PM

    MAHB new shares fixed at RM4.78

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    Malaysia Airport Holdings Bhd (MAHB) has fixed the issue price of 275.31 million new ordinary shares at RM4.78, a discount of approximately 28.8% to the theoretical ex-rights price of MAHB shares of RM6.71.

  • Enterprise  |  JANUARY 27, 2015 8:47 PM

    Orang Kampung targets RM30 mil from overseas sales

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    Traditional herbal drink manufacturer, Orang Kampung Holdings (M) Sdn Bhd, is targeting export sales of RM30 million this year.

  • Corporate  |  JANUARY 27, 2015 8:39 PM

    AmMetLife expects more M’sians to buy insurance

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    AmMetLife Insurance Bhd expects more Malaysians to buy insurance policies, said chief executive officer Ramzi Toubassy.

  • Corporate  |  JANUARY 27, 2015 8:35 PM

    88% working M’sians concern about retirement fund

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    According to HSBC's report, 'The Future of Retirement: A balancing act', 49% of them said debt repayment is preventing their preparation for a comfortable retirement.

  • Corporate  |  JANUARY 27, 2015 8:28 PM

    IGB REIT’s Q4 pre-tax profit slips to RM56.24 mil

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    IGB Real Estate Investment Trust (IGB REIT)'s pre-tax profit declined to RM56.24 million in the fourth quarter ended Dec 31,2014 from RM158.08 million recorded in the same period last year.

  • Corporate  |  JANUARY 27, 2015 8:24 PM

    Benalec gets approval for Tanjung Piai reclamation work

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    The Department of Environment (DOE) has given the greenlight to Benalec Holdings Bhd to start reclamation work for its Tanjung Piai Integrated Petroleum and Petrochemical Hub and Maritime Industrial Park project in Johor.

  • Corporate  |  JANUARY 27, 2015 8:18 PM

    Kenanga retains ‘market perform’ on Tropicana

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    Kenanga Research has maintained its ”market perform” rating for Tropicana Bhd with an unchanged target price of RM1.15 on the disposal of the Tropicana City Mall (TCM) to Capitamalls Malaysia Trust (CMMT)for RM540 million. The research house said Tropicana is expected to register …

  • Corporate  |  JANUARY 27, 2015 8:08 PM

    M’sia has excellent corporate governance, framework

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    BPA Australasia director, Chris Bennett, said Malaysia's battle, however, will be the misperception of its practices.

  • Corporate & Economy  |  JANUARY 27, 2015 8:02 PM

    Don’t overreact to economic situation, says economist

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    Malaysians should not overreact to the current global economic situation such as falling oil prices, the European financial crisis, and depreciating emerging currencies.

  • Commodities  |  JANUARY 27, 2015 6:05 PM

    Rubber market closes mixed

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    The Malaysian rubber market ended mixed in quiet trading today after global crude oil prices strengthened above US$45 per barrel, a dealer said.

  • Markets  |  JANUARY 27, 2015 6:00 PM

    KL shares end higher

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    Share prices on Bursa Malaysia closed higher today, lifted by interests in heavyweights, especially Petronas-linked companies, dealers said.

  • Markets  |  JANUARY 27, 2015 5:40 PM

    Ringgit closes firmer against US$

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    The ringgit closed firmer against the US dollar today on demand from exporters amid short-covering by institutional funds, dealers said.

  • Corporate  |  JANUARY 27, 2015 4:12 PM

    Eversendai shares up on RM184 mil contract

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    Eversendai Corp Bhd's stock rose on Bursa Malaysia today on news of the award of the RM184 million contract in India by Reliance Industries Ltd of India.