Business

Proton reduces car prices by up to 3.25pc with GST implementation

Wednesday, 1 April 2015.

KUALA LUMPUR: In light of the implementation of the Goods and Services Tax (GST) which comes into force today, Proton Holdings Bhd has announced the new prices for its models, with reduction of up to RM1,475, or 3.25 per cent, per unit on selected variants.

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Business loans to offset slower household loans this year: analysts

By RUPA DAMODARAN - Wednesday, April 1, 2015 - 20:20

KUALA LUMPUR: Bank loans grew by an annualised 8.8 per cent in February, underpinned by business loans and analysts estimate similar growth projections for the whole year.

KL shares end lower on profit-taking

Wednesday, April 1, 2015 - 17:43

KUALA LUMPUR: Shares on Bursa Malaysia ended the day in negative territory as traders took profits, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) 4.47 points easier. The key index ended at 1,826.31 points at the close, after hovering between 1,823.61 and 1,831.35 throughout the day.

Ringgit ends higher against US dollar

Wednesday, April 1, 2015 - 17:40

KUALA LUMPUR: The ringgit ended higher against the US dollar for the second consecutive day today in tandem with most regional currencies on improved risk appetite.

EPF revises list of unit trust funds for 2015/2016

Wednesday, April 1, 2015 - 17:16

KUALA LUMPUR: The Employees Provident Fund (EPF) has revised the list of fund management institutions (FMIs) and unit trust funds for 2015/2016 EPF Members Investment Scheme (EPF-MIS).

Wahid Omar: Country’s economy stable

Wednesday, April 1, 2015 - 16:15

KUALA LUMPUR: The economic situation in the country is stable to face any uncertain external situation, said Minister in the Prime Minister’s Department, Datuk Seri Abdul Wahid Omar.

Boustead Plantations to expand landbank

Wednesday, April 1, 2015 - 15:37

PETALING JAYA: Boustead Plantations Bhd will expand its landbank by another 20 per cent within two to three years from the current 83,400 hectares, says vice chairman, Tan Sri Lodin Wok Kamaruddin.

Oil prices edge lower as Iran talks extend beyond deadline

Wednesday, April 1, 2015 - 15:34

SINGAPORE: Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran’s nuclear programme would be reached that could allow more Iranian crude into world markets.

Japan to temporarily lift charter flight ban on Thai airlines

Wednesday, April 1, 2015 - 14:33

BANGKOK: Japan’s civil aviation agency has lifted a charter flight ban for Thai-registered airliners during April and May to help ease the impact on passengers, Thai transport minister Air Chief Marshall Prajin Juntong said on Wednesday.

Boustead’s Lodin: CPO price to average between RM2,300 and RM2,600 per tonne this year

By OOI TEE CHING - Wednesday, April 1, 2015 - 14:28

KUALA LUMPUR: Boustead Plantations Bhd vice chairman Tan Sri Lodin Wok Kamaruddin is hopeful of better performance from palm oil this year as more of its trees mature and bear more fruits.

Mustapa: Malaysia’s goal of becoming halal hub rife with challenges

Wednesday, April 1, 2015 - 12:29

KUALA LUMPUR: Though Malaysia has established itself as the primary hub of Islamic finance of the world, its goal to become to the primary halal hub for foods and products are still riddled with challenges.

Weststar secures RM370m contract to provide helicopter services

Wednesday, April 1, 2015 - 11:56

KUALA LUMPUR: Weststar Aviation Services Sdn Bhd (WASSB) has secured a RM370 million contract to provide two AgustaWestland AW139 helicopters for Carigali Hess Operating Company and Carigali PTTEPI Operating Company Sdn Bhd.

Malaysia joins the ranks of many in embracing the GST

Wednesday, April 1, 2015 - 10:55

KUALA LUMPUR: After much hype, Malaysia finally joined the ranks of 160 other countries globally in embracing the Goods and Services Tax (GST).

Proton reduces car prices by up to 3.25pc with GST implementation

Wednesday, April 1, 2015 - 10:37

KUALA LUMPUR: In light of the implementation of the Goods and Services Tax (GST) which comes into force today, Proton Holdings Bhd has announced the new prices for its models, with reduction of up to RM1,475, or 3.25 per cent, per unit on selected variants.

Investment unaffected by uncertain ringgit: Mustapa

Tuesday, March 31, 2015 - 21:07

KULIM: The current uncertainty over the value of the ringgit has not affected foreign investors’ interest and efforts to woo them, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

RM30mil allocation to make Malaysia a global hub for LED testing and certification

By PREDEEP NAMBIAR AND MELISSA DARLYNE CHOW - Tuesday, March 31, 2015 - 20:30

GEORGE TOWN: The government has spent some RM30 million to transform Malaysia as a global hub for testing and certification of light-emitting diodes (LEDs).

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