Business

Prasarana earmarks RM1 billion for land acquisition for LRT3 project

By FRANCIS DASS - Monday, 27 April 2015.

KUALA LUMPUR: Prasarana Malaysia Bhd has a budget of RM1 billion for land acquisitions for the LRT3 project.

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Maxis delivers strong operating performance in Q1 2015

Monday, April 27, 2015 - 16:28

KUALA LUMPUR: The positive momentum from the transformation initiatives in Maxis is now driving its operational indicators upwards.

MHB Q1 pre-tax profit rises to RM35 million

Monday, April 27, 2015 - 16:24

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MHB) pre-tax profit for the first quarter (Q1) ended March 31, 2015 rose to RM35.002 million from RM34.087 million recorded in the same period a year ago.

MSC positive on FY15 financial results

Monday, April 27, 2015 - 15:35

GEORGE TOWN: Malaysia Smelting Corp Bhd (MSC) is positive on its financial results ending December 2015 mostly driven by the smelting business.

J-Biotech targets RM500m investment

By Ahmad Fairuz Othman - Monday, April 27, 2015 - 13:50

JOHOR BARU: The state's biotechnology sector through Johor Biotechnology and Biodiversity Corporation (J-Biotech) is targeting RM500 million worth of investment for this year.

KLCI futures higher at mid-day

Monday, April 27, 2015 - 13:15

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FKLI) futures contracts on Bursa Malaysia Derivatives were higher at mid-day today.

FBM KLCI almost flat at mid-day on mixed sentiment

Monday, April 27, 2015 - 13:04

KUALA LUMPUR: The key index on Bursa Malaysia was almost flat at mid-day as mixed sentiment weighed on buying patterns, a dealer said. At mid-day break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.29 point firmer at 1,862.87, after moving between 1,860.26 and 1,867.53.

Prasarana earmarks RM1 billion for land acquisition for LRT3 project

By FRANCIS DASS - Monday, April 27, 2015 - 13:00

KUALA LUMPUR: Prasarana Malaysia Bhd has a budget of RM1 billion for land acquisitions for the LRT3 project.

Johor set aside RM3mil for Bumi incubation scheme in Pengerang

Monday, April 27, 2015 - 12:56

KOTA TINGGI: The Johor state government has allocated RM3 million for an initiative to produce 40 Bumiputera business incubators over the next two years in Pengerang.

EU to study resuming free-trade negotiations with Southeast Asia

Monday, April 27, 2015 - 12:02

KUALA LUMPUR: The European Union will explore the possibility of resuming talks on a free trade agreement with the Association of Southeast Asian Nations more than six years after negotiations between the two sides collapsed.

Asian markets rise after Wall Street gains

Monday, April 27, 2015 - 11:48

BEIJING: Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week’s U.S. Federal Reserve meeting.

KL shares reverse trend mid-morning

Monday, April 27, 2015 - 11:45

KUALA LUMPUR: Shares on Bursa Malaysia reversed earlier gains at mid-morning today, capped by mild profit taking.

Malaysians have low awareness of financial planning for retirement

Sunday, April 26, 2015 - 15:07

SIBU: The awareness of financial planning for retirement among Malaysians is still low due to lack of knowledge and skills, Permodalan Nasional Bhd (PNB) board member Tan Sri Wan Abdul Aziz Wan Abdullah said.

BNM to reduce foreign employment in money services business industry

Sunday, April 26, 2015 - 14:52

KUALA LUMPUR: Bank Negara Malaysia (BNM) will engage with companies in the money services business to reduce the level of foreign employment to no more than 3.0 per cent by end-2016 at the industry level.

EXCLUSIVE: EU says trade, investment relations with Malaysia will be even stronger

Saturday, April 25, 2015 - 23:06

KUALA LUMPUR: If trade is a powerful tool for economic growth drawing global economic giants – the US and China - to vibrant ASEAN to negotiate free trade deals, it has been all quiet on the Europe front in recent times despite it being the largest investor in the region.

Study shows Malaysian companies most optimistic of Asean integration

By RUPA DAMODARAN - Saturday, April 25, 2015 - 21:51

KUALA LUMPUR: Malaysian companies are most optimistic about Asean integration, with 90 per cent indicating that they see business opportunities, according to a study by the Boston Consulting Group (BCG).

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