Perodua expects Myvi sales to hit one million by 2017

By CHERYL YVONNE ACHU - Thursday, 21 May 2015.

LANGKAWI: PERUSAHAAN Otomobil Kedua Sdn Bhd (Perodua) expects Myvi sales to hit one million units by end of 2017, as it rides on solid demand for the model, coupled with other promotions.


Petronas says never asked to consider TRX development

Friday, May 22, 2015 - 20:16

KUALA LUMPUR: Petronas has confirmed that it was never asked to look at the Tun Razak Exchange (TRX) development.

Inflationary pressures lower than expected in April

By RUPA DAMODARAN - Friday, May 22, 2015 - 18:35

KUALA LUMPUR: Inflationary pressures were lower than expected in April in spite of the implementation of the Goods and Services Tax, the consumption-based tax.

Petronas posts 39 pct drop in Q1 profit on global oil slump

Friday, May 22, 2015 - 17:47

KUALA LUMPUR: Petroliam Nasional Bhd, (Petronas) reported a 39 percent drop in quarterly net profit due to a drop in benchmark crude prices.

Maskargo adds Bangalore to its cargo network

Friday, May 22, 2015 - 17:47

KUALA LUMPUR: MASkargo has added Bangalore, India to its cargo network using the Airbus A330-200 freighter flight every Friday offering a capacity of 60 tonnes.

Maybank brings down remittance charges to Nepal

Friday, May 22, 2015 - 16:52

KUALA LUMPUR: Maybank is offering discounted charges for remittances to Nepal, bringing the cost down to only RM5 per transaction, available from now till June 15, 2015.

Digi fully supports minister’s call for affordable Internet

Friday, May 22, 2015 - 11:06

KUALA LUMPUR: Digi is supportive of the government’s call for more affordable broadband Internet plans for all Malaysians and has announced a number of packages and product bundles that caters to price-conscious customers.

KLCI futures open higher

Friday, May 22, 2015 - 10:43

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives opened higher today lifted by renewed demand.

FTSE Bursa Malaysia Update: 9.30am

Friday, May 22, 2015 - 10:00

KUALA LUMPUR: At 9.30am today, there were 156 gainers, 213 losers and 215 counters traded unchanged on the Bursa Malaysia.

Ringgit opens higher against USD

Friday, May 22, 2015 - 09:57

KUALA LUMPUR: The ringgit strengthened against the US dollar in early trading today on continuous demand for the local unit, said a dealer.

Macro economic resilience will continue to be strengthened under 11MP

Thursday, May 21, 2015 - 21:50

KUALA LUMPUR: THE government will continue to strengthen its macroeconomic resilience by shifting towards multi-dimensional goals for the nation that balance economic growth, wealth distribution and national well being in line with the people economy under the 11th Malaysia Plan.

Sukuk bond issuance in Malaysia to be slightly lower this year: Moody’s

By RUPA DAMODARAN - Thursday, May 21, 2015 - 21:33

KUALA LUMPUR: Sukuk bond issuance in Malaysia will be slightly lower this year than the US$20 billion in 2014, against a backdrop of fiscal deficit reduction,weak commodity prices and foreign exchange volatility, said Moody’s Investors Service.

YTL Corp Q3 pre-tax profit falls to RM621.12 million

Thursday, May 21, 2015 - 21:22

KUALA LUMPUR: YTL Corporation Bhd’s (YTL) pre-tax profit fell to RM621.12 million in the third quarter (Q3) ended March 31, 2015 from RM674.06 million in the same quarter last year.

Concerted effort needed by local furniture industry to expand market share in China

By Chong Chee Seong - Thursday, May 21, 2015 - 21:20

MUAR: The Malaysian Timber Council (MTC) is helping the local furniture industry to expand its market share in China.

More push needed for professional services exports: Mustapa

By RUPA DAMODARAN - Thursday, May 21, 2015 - 19:30

KUALA LUMPUR: A more aggressive push is required to get Malaysian exports of professional services to other Asean countries, said International Trade and Industry Ministry Datuk Seri Mustapa Mohamed.

Petron Malaysia returns to black in Q1

Thursday, May 21, 2015 - 19:28

KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd has returned to the black, registering a pre-tax profit of RM82.35 million for the first quarter ended March 31, 2015 from a pre-tax loss of RM9.33 million in the same period of last year.