KUALA LUMPUR: PetroSaudi International has stated categorically that all funds from 1Malaysia Development Bhd (1MDB) went to Petrosaudi-owned entities and any other inference is false.
HISTORIC : Malaysia assumed the chairmanship of ASEAN in 2015, the third time since the grouping was conceived in 1967. But what makes it a special milestone for Kuala Lumpur this time around is being at the helm of a vibrant growth region with the realisation of the ASEAN Economic Community (AEC).
KUALA LUMPUR: The Malaysian rubber market is likely to trend higher next week on anticipated higher demand for the commodity.
KUALA LUMPUR: Gold futures contract on Bursa Malaysia Derivatives is likely to trade in a cautious mode next week amid low market participation.
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to see subdued trading with prices capped between RM2,200 and RM2,350 per tonne next week, dealers said.
KUALA LUMPUR: The ringgit is likely to see range-bound trading next with the currency moving between 3.59 and 3.60 against the US dollar in the absence of fresh leads and lack of appetite.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI), being the key benchmark for Bursa Malaysia, is likely to trend higher towards the 1,850 points resistance level next week.
KUALA LUMPUR: CIMB Group Holdings Bhd pre-tax profit reduced to RM4.27 billion for the financial year ended Dec 31, 2014 compared with RM5.84 billion in 2013.
KOTA BaRU: The ASEAN SME Showcase and Conference in Kuala Lumpur from May 26-28 is the best platform for small medium entrepreneurs (SMEs) to explore regional opportunities following the realisation of the ASEAN Economic Community (AEC).
Petroliam Nasional Bhd (Petronas) reported today a lower net profit and says it will cut its five-year capital investment and operating expenditure by 10 per cent and 30 per cent respectively to mitigate the adverse effects of weak crude oil prices on its profitability and cashflow in 2015.
SANDAKAN: A total of 325,279 companies nationwide registered under the Goods and Sales Tax (GST) that ends tomorrow.
KUALA LUMPUR: At 5.00 p.m. today, there were 366 gainers, 484 losers and 303 counters traded unchanged on the Bursa Malaysia.
KUALA LUMPUR: RHB Capital Bhd (RHB Cap) chalked up a pre-tax profit of RM2.74 billion for the financial year ended Dec 31, 2014, versus RM2.47 billion recorded in 2013, on the back of a higher total income growth.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract (FKLI) on Bursa Malaysia Derivatives finished the morning session mixed.
KUALA LUMPUR: Boustead Holdings Bhd’s pre-tax profit for the financial year ended Dec 31, 2014 eased to RM685.7 million from RM707.7 million achieved in 2013.