KUALA LUMPUR: Media Prima Bhd’s move to optimise printing plant capacity and unlock potential cost savings while investing in digital expansion has helped sustain the group’s long-term growth.
KUALA LUMPUR: Prasarana Malaysia Bhd’s (Prasarana) contribution in the transportation sector was given recognition by the prestigious Middle East Business Leaders Awards (MEBLA).
SEPANG: Malaysia Airlines became the first Malaysian carrier to receive the International Air Transport Association (IATA) Fast Travel Green certificate.
KUALA LUMPUR: SP Setia Bhd is setting its sights high for 2017 as it eyes target sales of RM4 billion, with 77 per cent expected to be derived from local projects.
KUALA LUMPUR: Axiata Group Bhd reported a RM309.4 million loss in the final quarter of 2016, in contrast to a net profit of RM467.2 million that the company reported in 4Q2015.
KUALA LUMPUR: Malaysia's largest banking group by assets, Maybank Group, reports a slight decrease in its 2016 net profit to RM6.74 billion, from RM6.84 billion the year before.
SINGAPORE: Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia.
SEPANG: The ‘Temple City of India’ - Bhubaneswar in the state of Odisha, is the latest destination that AirAsia is offering to travelers, come April 26, 2017.
PUTRAJAYA: Malaysia raked in RM121.99 billion from plantation commodity exports last year, thanks to slight improvement in the average pricing of palm oil, rubber and cocoa.
KUALA LUMPUR: The ringgit was higher at today’s opening on positive market sentiment that provided it the support, a dealer said.
TOKYO: Nissan boss Carlos Ghosn will step down as chief executive at the Japanese automaker, but will remain chairman as he focuses on its alliance with Renault and Mitsubishi, the company said Thursday.
SAN FRANCISCO: Tesla Inc said on Wednesday its mass-market Model 3 sedan was on track for volume production by September, encouraging investors who see the electric vehicle as the avenue to profitability for the young company.
KUALA LUMPUR:PETROLIAM Nasional Bhd’s (Petronas) response to falling oil prices over the last few years has produced the desired results, said president and group chief executive officer Datuk Wan Zulkiflee Wan Ariffin.
KUALA LUMPUR: Prasarana Malaysia Bhd, operator of Mecca’s Al Mashaaer Al Mugaddassah Metro Southern Line (MMMSL) in Saudi Arabia, has secured another international job, this time to provide training for train drivers and operation control centre staff of Jakarta’s Mass Rapid Transit (MRT) syste
UEM Sunrise Bhd will turn a 1.07ha site that currently houses the Malay College Old Boys Association (MCOBA) building in Jalan Syed Putra, here, into a mixed development with gross development value of more than RM750 million .
TOKYO: US oil prices held near seven-week highs on Wednesday after OPEC signaled optimism over its deal with other producers including Russia to curb production and clear a glut that has weighed on the market since 2014.
KUALA LUMPUR: The ringgit opened unchanged against the US dollar in early trade today, as traders were cautious ahead of the US Federal Reserve’s (Fed) meeting, a dealer said.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed the engineering, procurement, construction and commissioning (EPCC) contract for Pengerang Integrated Complex (PIC)’s Flexible High-Density Polyethylene (Flexi HDPE) plant.
KUALA LUMPUR: Kuala Lumpur remains the top choice for commercial investment or development, followed by Selangor, (23 per cent), Penang (17 per cent), Johor (20 per cent) and Sabah (11 per cent), said Knight Frank Malaysia.
HONG KONG: HSBC said Tuesday that net profit fell 82 percent in 2016, calling it a period remembered for its “largely unexpected economic and political events“, while it warned of further uncertainty this year.
KUALA LUMPUR: The Ministry Of Plantation Industries and Commodities has extended the tenure of office of Malaysian Palm Oil Council’s (MPOC) Chairman, Datuk Lee Yeow Chor, for two more years, effective Feb 22, 2017.
KUALA LUMPUR: Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and GuocoLand Ltd have emerged as key investors in Eco World International Bhd (EWI) under the latter’s RM2.5 billion initial public offering (IPO).
KUALA LUMPUR: The Employees Provident Fund (EPF) may struggle to deliver dividends higher than the recently announced 5.7 per cent due to global uncertainties, said an analyst with a local research house.
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar, in early trade, dampened by persistent interest for the greenback on expectation the US Federal Reserve will raise interest rates.
KLANG: Malaysia’s rubber industry is resilient, as downstream businesses continue to invest in the manufacture of high-value exports such as rubber seismic bearings, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
SHAH ALAM: Eco World Development Group Bhd, while acknowledging the challenging real estate market, is hopeful of achieving RM4 billion in sales in the current year ending Oct 2017.
SINGAPORE: Malaysian state-owned oil and gas firm Petronas is aiming to sell a large minority stake in a prized upstream local gas project for up to $1 billion as it seeks to raise cash and cut development costs, two sources familiar with the matter said.
KUALA LUMPUR: The Employees' Provident Fund (EPF) aims to sustain its performance this year amid challenging environment.
KUALA LUMPUR: Bumiputera Agenda Steering Unit (Teraju) believes there is still room to further grow Bumiputera companies despite having helped some 1,000 companies to gain sales of up to RM40 billion annually.
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