Business

MMC optimistic over 2015 financial performance

Monday, 25 May 2015.

KUALA LUMPUR: MMC Corp Bhd, which doubled its net profit last year, is optimistic over maintaining the performance for the financial year ending Dec 31, 2015, driven by its three core businesses.

Latest

MMHE to expand to downstream and onshore segments

Monday, May 25, 2015 - 16:18

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) will be expanding to the downstream and onshore segments this year, given the more competitive environment in the global oil and gas industry amid the plunge in oil prices.

KL shares remain lower, CI down 19.89 points

Monday, May 25, 2015 - 15:47

KUALA LUMPUR: Shares on Bursa Malaysia resumed the afternoon session easier, with the the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) down 19.89 points at 1,767.61 at 3.05 pm, weighed down by trade and services stocks.

Khazanah appoints administrator for MAS

Monday, May 25, 2015 - 15:42

KUALA LUMPUR: Khazanah Nasional Bhd, the sole shareholder of Malaysia Airlines (MAS), has appointed Datuk Mohammad Faiz Azmi as Administrator for the airline, effective today.

Malaysian agro-based products at Malaysia-Xi’an Halal Week

Monday, May 25, 2015 - 15:39

XI’AN (CHINA): Malaysian agro-based products including durian-based products are being featured in the fourth edition of the Malaysia-Xi’an Halal Week at Muslim Street here.

MMC optimistic over 2015 financial performance

Monday, May 25, 2015 - 15:34

KUALA LUMPUR: MMC Corp Bhd, which doubled its net profit last year, is optimistic over maintaining the performance for the financial year ending Dec 31, 2015, driven by its three core businesses.

Malaysia, Slovak sign agreement to avoid double taxation

Monday, May 25, 2015 - 15:27

PUTRAJAYA: Malaysia and Slovak today signed a protocol agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, here.

Grand-Flo eyes higher revenue from property segment this year

Monday, May 25, 2015 - 15:22

KUALA LUMPUR: Tracking solutions provider and property developer Grand-Flo Bhd is aiming to raise the revenue contribution from its property development segment to 50 per cent this year from 20 per cent in 2014.

Barakah Offshore Petroleum’s unit gets LoA for pigging supply

Monday, May 25, 2015 - 15:18

KUALA LUMPUR: Barakah Offshore Petroleum Bhd’s unit, PBJV Group Sdn Bhd, has received a Letter of Award (LOA) from Sarawak Shell Bhd and Sabah Shell Petroleum Co. Ltd for the supply of operational pigs and pigging accessories and related equipment and services.

KL shares remain lower mid-morning

Monday, May 25, 2015 - 11:34

KUALA LUMPUR: Shares on Bursa Malaysia remained lower mid-morning weighed down by selected heavyweights.

Khazanah appoints administrator for Mas

Monday, May 25, 2015 - 11:13

KUALA LUMPUR: Khazanah Nasional Bhd, the sole shareholder of Malaysia Airlines (MAS), has appointed Datuk Mohammad Faiz Azmi as Administrator for the airline, effective today.

Short-term rates to remain stable on BNM intervention

Monday, May 25, 2015 - 10:21

KUALA LUMPUR: Short-term interbank rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) intervention to absorb excess liquidity from the financial system.

Klibor futures untraded at 9.45am

Monday, May 25, 2015 - 10:19

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives was untraded as at 9.45am.

FTSE Bursa Malaysia update

Monday, May 25, 2015 - 09:56

KUALA LUMPUR: At 9.30am today, there were 136 gainers, 229 losers and 187 counters traded unchanged on the Bursa Malaysia.

APEC support WTO's multilateral trading system

By RUPA DAMODARAN - Sunday, May 24, 2015 - 20:09

MANILA: Trade ministers of the 21 Pacific Rim countries have thrown their support behind the World Trade Organisation's multilateral trading system.

Telcos support minister’s call for lower rates

Sunday, May 24, 2015 - 14:49

KUALA LUMPUR: Telecommunications companies (telcos) have expressed their support to Communications and Multimedia Minister Datuk Seri Ahmad Shabery Cheek’s call for lower rates to customers.

Pages