KUALA LUMPUR: Malaysian Resources Corp Bhd will demolish the five acre site, known as Lot 349/100 in Brickfields, here starting tomorrow and works to complete in two months.
KUALA LUMPUR: Bank Negara Malaysia has received information on BSI Bank Ltd from its counterpart Monetary Authority of Singapore (MAS) concerning investigation into 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR: The growing consumer markets and expansion of production networks in Asia will continue to be a major driving force in promoting intra-regional trade among Asean countries.
KUALA LUMPUR: – Felda Global Ventures Holdings Bhd (FGV) subsidiary Felda Agriculture Services Sdn Bhd (FASSB) has ventured into the Philippine market to supply its premier oil palm seeds to planters in Mindanao.
TOKYO: – Japan has made it clear that it wants to see the country’s proud Shinkansen bullet train technology used in the planned high speed rail project between Kuala Lumpur and Singapore.
HO CHI MINH CITY: – Maybank Kim Eng, the investment banking securities arm of Maybank Group, plans to increase its capital in Vietnam to US$50 million (US$1=RM3.61) in the next two years from US$40 million in 2014, says Chief Executive Officer John Chong.
KUALA LUMPUR: – A forensic audit report on Tanjung Offshore Bhd to be released soon is expected to clear the company’s executive deputy chairman Tan Sri Tan Kean Soon and board member Muhammad Sabri Ab Ghani of any financial irregularities.
SHAH ALAM: Malaysia needs to double its accountants to 60,000 in an effort to support its transformation into a developed nation by 2020, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar said.
KUALA LUMPUR: Uzma Bhd’s associate company, Sazma Aviation Sdn Bhd, has been awarded two contracts worth RM166.5 million by Petronas Carigali Sdn Bhd (PCSB) for the provision of helicopter services.
KUALA LUMPUR: MBM Resources Bhd’s pre-tax profit more than doubled to RM65.18 million in the first quarter ended March 31, 2015, from RM27.97 million in the same quarter last year.
KUALA LUMPUR: Boustead Holdings Bhd’s pre-tax profit dropped to RM69.5 million in the first quarter (Q1) ended March 31, 2015, from RM133.3 million in the same quarter last year.
KUALA LUMPUR: Kulim (Malaysia) Bhd’s pre-tax profit rose to RM24.58 million for the first quarter ended March 31, 2015 from the RM20.2 million recorded in the same quarter last year.
KUALA LUMPUR: Strategic investment company Amanah Nusantara International Sdn Bhd (ANI) expects to garner US$5.3 billion in investments from Malaysia to develop infrastructure facilities in the port city of Cirebon in Indonesia over the next three years.
KUALA LUMPUR: Syarikat Takaful Malaysia Bhd’s profit before zakat and taxation for the first quarter (Q1) ended March 31, 2015 rose 39.1 per cent to RM62.2 million from RM44.7 million registered in the same quarter last year.
KUALA LUMPUR: The economic upturn in Asian countries is still fragile, according to the regular global survey of finance professionals.