Business

MoF creates special task force to help 1MDB implement strategic review

Friday, 27 March 2015.

KUALA LUMPUR: The Ministry of Finance, in its capacity as the 100 per cent shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company’s strategic review.

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Kanger’s investment in a commercial building in Guanzhou to start end-2016

Friday, March 27, 2015 - 21:54

KUALA LUMPUR: Furniture manufacturer Kanger International Bhd's investment in a proposed commercial building in Ganzhou, China is targeted to start at the end of 2016.

AirAsia introduces three new routes

Friday, March 27, 2015 - 21:13

KUALA LUMPUR: AirAsia has further strengthened its network into Indonesia and the Philippines via three separate hubs in Malaysia.

MAA urges car buyers to make purchases before APRIL 1

Friday, March 27, 2015 - 17:32

PETALING JAYA: The Malaysian Automotive Association (MAA) has urged potential car buyers to do so before April 1, 2015 as most car companies planned to reduce their inventories with attractive offers.

MoF creates special task force to help 1MDB implement strategic review

Friday, March 27, 2015 - 17:23

KUALA LUMPUR: The Ministry of Finance, in its capacity as the 100 per cent shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company’s strategic review.

AirAsia X confident of turnaround this year

Friday, March 27, 2015 - 16:30

SEPANG: Long-haul budget carrier AirAsia X Bhd is optimistic of making a turnaround this year with the implementation of a capacity management and restructuring exercise.

MAHB’s renouncable rights issue successfully completed

Friday, March 27, 2015 - 16:28

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has completed its inaugural rights issue following the listing of and quotation for its 275,308,267 shares on the Main Market of Bursa Malaysia Securities Bhd today.

SMEs urged to grab opportunities in halal food and non-food sector

By CHERYL YVONNE ACHU - Friday, March 27, 2015 - 12:24

KUALA LUMPUR: The government has urged local small and medium enterprise (SME) players to take advantage of the huge opportunities in the multi-billion dollar halal food and non-food industry globally.

CMS shares up on acquisition proposal

Friday, March 27, 2015 - 12:17

KUALA LUMPUR: Cahya Mata Sarawak Bhd’s (CMS) shares rose in the early session after its wholly-owned unit, Samalaju Industries Sdn Bhd (SISB), proposed to acquire an additional five per cent stake in OM Materials (S) Pte Ltd (OMS) from OM Holdings Ltd for US$18.45 million.

KL shares remain lower mid-morning

Friday, March 27, 2015 - 12:13

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) continue to trade lower mid-morning with selling seen in British American Tobacco (BAT) and utility companies, dealers said.

KLCI futures higher in early trade

Friday, March 27, 2015 - 11:16

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract was mostly higher in early trade with three contract months traded.

KL shares open lower in cautious trade

Friday, March 27, 2015 - 10:35

KUALA LUMPUR: Share prices on Bursa Malaysia opened lower today i cautious trading amid weaker US sentiment, dealers said.

Ringgit lower as greenback appreciates on upbeat US data

Friday, March 27, 2015 - 10:23

KUALA LUMPUR: The ringgit opened lower against the US dollar as the greenback rose broadly against major peers after the release of upbeat US economic data, currency traders said.

FTSE Bursa Malaysia update: 9.30am

Friday, March 27, 2015 - 09:41

KUALA LUMPUR: At 9.30am today, there were 178 gainers, 141 losers and 218 counters traded unchanged on the Bursa Malaysia.

Asia crawls higher after upbeat US data; dollar stands tall

Friday, March 27, 2015 - 09:37

TOKYO: Asian stocks crawled higher on Friday as upbeat U.S. economic data helped revive some risk appetite lost following air strikes on Houthi militants in Yemen, while the dollar rebounded.

TM, NTPSB to develop flagship tech park in Iskandar Malaysia

Thursday, March 26, 2015 - 22:07

KUALA LUMPUR: Telekom Malaysia Bhd (TM) and Nusajaya Tech Park Sdn Bhd (NTPSB) have signed three separate agreements towards developing a flagship technology park in Iskandar Malaysia, Johor.

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