Business

Very much on track

By MUHAMMED AHMAD - Thursday, 23 October 2014.

MEGA BANK PLAN: EPF losing right to vote will not derail deal, says analyst

Latest

FTSE Bursa Malaysia update: 11.30 a.m.

Thursday, October 23, 2014 - 11:52

KUALA LUMPUR: At 11.30 a.m. today, there were 386 gainers, 174 losers and 256 counters traded unchanged on the Bursa Malaysia. The FBM-KLCI was at 1,806.24 up 10.02 points, the FBMACE was at 6,114.84 up 56.34 points, and the FBMEmas was at 12,512.68 up 75.52 points.

FBM Hudson eyes €100m revenue

By RUPA - Thursday, October 23, 2014 - 00:14

FBM Hudson Italiana SpA, a successful financial turn-around story by the KNM Group Bhd, hopes to meet its €100 million (RM418 million) revenue target this year.

Two committees set up to ensure PIPC’s success

Thursday, October 23, 2014 - 00:11

JOHOR BARU: Johor Petroleum Development Corporation (JPDC) has set up two committees to ensure the success of the Pengerang Integrated Petroleum Complex (PIPC).

M3nergy eyes Indonesia, Vietnam, Mexico Gulf fields

By KAMARUL YUNUS - Thursday, October 23, 2014 - 00:11

SINGAPORE: M3nergy Bhd, an oil and gas-related company, has set its sights on oil fields in Vietnam, Indonesia and the Gulf of Mexico for expansion.

Call to work together for growth

By ROZANNA LATIFFKUALA - Thursday, October 23, 2014 - 00:09

DATUK Seri Najib Razak on Tuesday called on Muslim countries to develop a revolutionary method in Islamic finance for entrepreneurs and financiers that would leverage each other’s strength and contribute to sustainable economic growth.

IGB minority unitholders hold sway

By LIDIANA ROSLI - Wednesday, October 22, 2014 - 23:55

KUALA LUMPUR: Goldis Bhd shareholders have almost unanimously voted for the takeover of IGB Corp Bhd, but doubts remain on whether the deal will go through, given the “low” offer price.

Husni: Apec important driver of global growth

Wednesday, October 22, 2014 - 23:48

KUALA LUMPUR: Asia-Pacific Economic Cooperation (Apec) must have a roadmap to not only ensure continuity of its initiatives but also further enhance the cooperation among member countries, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

‘Budget to help ease rising financial burden’

By DHIPA PALANIKUALA - Wednesday, October 22, 2014 - 23:47

THE 2015 Budget aims to ease the rising financial burden of the average Malaysian by creating more disposable income, said panelists from a one-day Deloitte TaxMax seminar last week.

Maybank BII operating profit jumps 6.7pc

Wednesday, October 22, 2014 - 23:46

KUALA LUMPUR: Maybank’s Indonesian banking unit PT Bank Internasional Indonesia Tbk (BII) has reported a 6.7 per cent increase in operating profit for the nine-month period ended September 30 2014, to 2.05 trillion rupiah (RM556.2 million) from 1.92 trillion rupiah in the same period last year.

Tasik Kenyir vital to nation’s energy security

By ZURAIMI ABDULLAH KUALA - Wednesday, October 22, 2014 - 23:45

TASIK Kenyir is becoming bigger and more important to Malaysia’s power generation endeavours, with Tenaga Nasional Bhd (TNB) at the forefront of the lake’s sustainable development.

Celcom Axiata to offer iPhone 6, iPhone 6 Plus next month

Wednesday, October 22, 2014 - 23:35

KUALA LUMPUR: Celcom Axiata Bhd will be offering iPhone 6 and iPhone 6 Plus to its customers beginning November 6.

Australia to be exempt from China coal tax

Wednesday, October 22, 2014 - 23:34

MELBOURNE: Australian coal will be exempt from controversial new import tariffs imposed by China when the two countries sign a free trade pact, Treasurer Joe Hockey said, although the timing of a deal has yet to be finalised.

SoftBank to invest in Tokopedia

Wednesday, October 22, 2014 - 23:33

TOKYO: SoftBank Corp announced yesterday it will lead a US$100 million (RM326 million) investment round in Indonesian e-commerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under vice-chairman Nikesh Aurora.

Boeing plans to fly jets with ‘gutter oil’

Wednesday, October 22, 2014 - 23:33

BEIJING: Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.

Apec finance chiefs meet amid global worries

Wednesday, October 22, 2014 - 23:32

THE global economic recovery is beset by “downside risks”, China’s vice-premier told Asia-Pacific finance ministers yesterday, a day after growth in the world’s second-largest economy hit a five-year low.

Yahoo profits from Alibaba divestment

Wednesday, October 22, 2014 - 23:31

SAN FRANCISCO: Yahoo said on Tuesday its quarterly profit surged with its sale of shares in Chinese Internet powerhouse Alibaba, and that it was seeing signs of life in its mobile Internet initiatives.