Business

Govt to allocate RM15b for green tech in 11MP

Tuesday, 21 April 2015.

KUALA LUMPUR: The government is allocating more than RM15 billion in the 11th Malaysia Plan (11MP) as part of a game-changing move to introduce green technology initiatives into the economy.

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MAHB set up committee to monitor recently-acquired airport

Tuesday, April 21, 2015 - 20:17

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has set up an integration steering committee to ensure an appropriate integration of its recent acquisition, Istanbul Sabiha Gokcen Airport (ISG) and LGM Havalimani (LGM), into the group.

FBM KLCI closes higher on persistent buying in heavyweights

Tuesday, April 21, 2015 - 20:14

KUALA LUMPUR: Persistent buying in most of the heavyweights throughout the day helped the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to close higher today. At 5pm, the benchmark index rose 14.14 points to end the day at an intra-day high of 1,862.80.

KL shares higher at mid-afternoon

Tuesday, April 21, 2015 - 15:33

KUALA LUMPUR: Shares on Bursa Malaysia were higher at mid-afternoon today on continued buying interest in most heavyweights, dealers said.

Eco World to build RM10b township in Batu Kawan

Tuesday, April 21, 2015 - 15:24

GEORGE TOWN: – Eco World Development Group Bhd will kick-start its RM10 billion mixed development project, Eco Marina, in Bandar Cassia in Batu Kawan, over the next nine months after receiving the nod from Penang Development Corp (PDC).

Govt to allocate RM15b for green tech in 11MP

Tuesday, April 21, 2015 - 15:21

KUALA LUMPUR: The government is allocating more than RM15 billion in the 11th Malaysia Plan (11MP) as part of a game-changing move to introduce green technology initiatives into the economy.

Petrofac of Britain takes another write-down on gas project

Tuesday, April 21, 2015 - 13:52

LONDON: Britain is not usually considered the wild frontier of the oil industry, but it is proving to be a tough environment for what had been a fast-growing engineering and construction company called Petrofac.

OCBC upbeat on Eurozone Index Beta Fund’s long-term performance

Tuesday, April 21, 2015 - 13:46

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd, the exclusive distributor of the newly-launched series of funds managed by RHB Asset Management Sdn Bhd, is upbeat on the RHB-OSK Eurozone Index Beta Fund’s long-term performance.

Templeton cools on Malaysian shorter sukuk as Zeti rules out cut

Tuesday, April 21, 2015 - 13:44

KUALA LUMPUR: A rally in Malaysia’s two-year Islamic bonds lost its key driver after central bank Governor Tan Sri Zeti Akthar Aziz seemed to rule out an interest-rate cut.

FBM KLCI higher at mid-day

Tuesday, April 21, 2015 - 13:11

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session higher today, supported by gains in selected finance stocks, dealers said.

Sunsuria’s shares rise in early trade

Tuesday, April 21, 2015 - 12:40

KUALA LUMPUR: Sunsuria Bhd’s shares on Bursa Malaysia rose in early trade today on a proposal to acquire the remaining 50 per cent stake in a 133.95-hectare property development project in Sepang.

KL shares remain higher at mid-morning

Tuesday, April 21, 2015 - 12:32

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained in positive territory at mid-morning today on continued buying momentum in most heavyweights, dealers said.

KL shares extend gains to open higher

Tuesday, April 21, 2015 - 11:01

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher today, extending yesterday’s buying momentum, while supported by gains in most heavyweights, dealers said.

Global central bankers don’t see Yuan devaluation on horizon

Monday, April 20, 2015 - 19:46

GLOBAL central bankers don’t expect Chinese officials to devalue their currency as part of a widening campaign to boost output in the world’s

KL shares end mixed

Monday, April 20, 2015 - 17:43

KUALA LUMPUR: Shares on Bursa Malaysia ended mixed today, recouping earlier losses on mild buying interest in selected finance and plantation counters, dealers said.

US rate hike must happen soon to reduce market volatility

Monday, April 20, 2015 - 17:15

KUALA LUMPUR: – Interest rates hike by the United States Federal Reserve (Fed) must happen this year as the uncertainty on the timing of the hike is causing volatility in regional markets.

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