Business

Petronas completes acquisition of Azerbaijan assets

Sunday, 3 May 2015.

BAKU (Azerbaijan): – Malaysia’s state-owned oil and gas giant Petronas has completed its transaction for the acquisition of oil and gas related assets in Azerbaijan, following a sales and purchase agreement it signed with Norway-based Statoil in October last year.

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Petronas completes acquisition of Azerbaijan assets

Sunday, May 3, 2015 - 15:33

BAKU (Azerbaijan): – Malaysia’s state-owned oil and gas giant Petronas has completed its transaction for the acquisition of oil and gas related assets in Azerbaijan, following a sales and purchase agreement it signed with Norway-based Statoil in October last year.

KL shares easier at mid-afternoon

Thursday, April 30, 2015 - 15:41

KUALA LUMPUR: Shares on Bursa Malaysia fell at mid-afternoon today on lack of buying interest ahead of the long weekend.

NCB, MMC Corp to explore potential synergy

Thursday, April 30, 2015 - 15:33

KUALA LUMPUR: Port operators NCB Holdings Bhd and MMC Corporation Bhd are discussing a potential synergy between their ports and logistics business, NCB Group Managing Director Abi Sofian Abdul Hamid said.

Gold futures mostly lower at mid-day

Thursday, April 30, 2015 - 15:29

KUALA LUMPUR: The gold futures contracts on Bursa Malaysia Derivatives were mostly lower at mid-day today with three contract months traded.

PGB records RM1.7b profit after tax

By ZARINA ZAKARIAH - Thursday, April 30, 2015 - 15:11

KUALA LUMPUR: Petronas Gas Bhd (PGB) recorded profit after tax of RM1.7 billion despite declining crude oil prices, ringgit depreciation and a challenging economy.

Malaysia sukuk sales jump to 16-month high as confidence returns

Thursday, April 30, 2015 - 15:07

KUALA LUMPUR: Islamic bond sales in Malaysia jumped this month to the most since December 2013, adding to signs confidence is returning to the world’s biggest sukuk market.

MaxisONE goes limitless with new offerings

Thursday, April 30, 2015 - 14:57

KUALA LUMPUR: MaxisONE has gone limitless by launching three brand new offerings – limitless streaming and free access to Spotify Premium, freedom to cast entertainment from your device to any television with Chromecast, and sharing Internet data with everyone else via the MaxisONE Share Plan.

Ringgit sets for biggest monthly advance since 2008 on crude oil

Thursday, April 30, 2015 - 14:43

KUALA LUMPUR: Malaysia’s ringgit was poised for the biggest monthly gain since 2008 as a rebound in crude prices brightened prospects for Asia’s only major oil exporter.

Russia’s Eurasia Drilling extends deadline on Schlumberger deal

Thursday, April 30, 2015 - 14:38

MOSCOW: Russia’s Eurasia Drilling said on Thursday it had agreed to extend a deadline on a proposed deal to sell a stake to international oilfield services firm Schlumberger from to April 30 to May 31.

TM: Govt to announce HSBB2, SUBB details in Q3

Thursday, April 30, 2015 - 14:33

KUALA LUMPUR: Telekom Malaysia Bhd (TM) is already in the final stage of discussion with the government for the High Speed Broadband Phase 2 (HSBB2) and the Sub Urban Broadband (SUBB) projects.

Reversion of GST to prepaid subscribers a setback for operators: AllianceDBS

Thursday, April 30, 2015 - 13:16

KUALA LUMPUR: The positive impact of passing on the six per cent Goods and Services Tax (GST) to prepaid subscribers has been priced in and hence a reversion will be a setback for mobile operators, says research house, AllianceDBS Research.

Husni leads Malaysian delegation to Finance Ministers’ meeting in Azerbaijan

Thursday, April 30, 2015 - 13:11

KUALA LUMPUR: Minister of Finance II, Datuk Seri Ahmad Husni Hanadzlah, will lead the Malaysian delegation to several meetings in Azerbaijan, including the 18th ASEAN+3 Finance Ministers.

Domestic PPI for March falls 0.5pc

Thursday, April 30, 2015 - 13:08

KUALA LUMPUR: Malaysia’s domestic Producer Price Index (PPI) for March 2015 decreased by 0.5 per cent to 104.8 from 105.3 in February, the Statistics Department said today.

KLCI Futures lower at mid-day

Thursday, April 30, 2015 - 13:07

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

KL shares remain in negative territory at mid-day

Thursday, April 30, 2015 - 13:06

KUALA LUMPUR: Shares on Bursa Malaysia remained in negative territory at mid-day today, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) 9.89 points lower.

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