Business

Taking Sumatec higher

By SHAREN KAUR - Thursday, 31 July 2014.

ASSET INJECTION: Firm targeting more than RM1b profit by 2018, say sources

Latest

CIMB Research keeps ‘add’ on Perisai Petroleum

Thursday, July 31, 2014 - 01:32

CIMB Research maintains its “add” rating on Perisai Petroleum Bhd, with full deployment of assets being the potential re-rating catalyst.

CIMB downgrades local banks to ‘underweight’

Thursday, July 31, 2014 - 01:31

CIMB Research says it is “underweight” on Malaysian banks, given the new threats to earnings growth despite the recent interest rates hike.

AmResearch  favourable towards Titijaya

Thursday, July 31, 2014 - 01:30

AMRESEARCH Sdn Bhd said it is favourable towards Titijaya Land Bhd, with an unchanged fair value of RM3.30 a share, thanks to the company eyeing two parcels of prime development land in the Klang Valley.

Analyst: Ringgit will likely rise in Q3

By RUPA DAMODARAN - Thursday, July 31, 2014 - 00:51

KUALA LUMPUR: The ringgit will likely appreciate in the third quarter as investors hunt for stronger yields in emerging markets like Malaysia, said AmMarkets forex strategist Wong Chee Seng.

IJM Plantations beefing up Indonesian ops

Thursday, July 31, 2014 - 00:48

IJM Plantations Bhd, the plantation arm of IJM Corp Bhd,  is committed to complete its Indonesian expansion project in both plantation development and mills establishment this year and the coming years.

Qatar Airways upbeat on Malaysia prospects

Thursday, July 31, 2014 - 00:48

Malaysia is also the biggest market for Qatar Airways in terms of travel between Hamad International Airport (HIA) in Doha, Qatar, and London, he said in an interview, here, recently.

Garuda sees KL as key market

Thursday, July 31, 2014 - 00:47

KUALA LUMPUR: PT Garuda Indonesia, Indonesia’s national carrier, sees Malaysia as an important growth market due to the increasing economic activities between the two countries.

Sunil counting on drive and passion

Thursday, July 31, 2014 - 00:46

ENTREPRENEURS need to evaluate their economic activities and focus not just on numbers, but also the qualitative aspects of the business, says a former DiGi Telecommunications Sdn Bhd staff-turned-entrepreneur.

Maybank tapping premium segment with Signature card

Wednesday, July 30, 2014 - 23:52

MAYBANK is further tapping the premium card segment with the introduction of the new Maybank Visa Signature credit card.

Advanced combustion, hybrid route or both?

Wednesday, July 30, 2014 - 23:52

TWO viable propulsion technologies are available now for carmakers as the initial step towards energy efficient vehicle (EEV) production.

Bina Puri bullish on performance

Wednesday, July 30, 2014 - 23:51

KUALA LUMPUR: Bina Puri Holdings Bhd, confident of its future growth, says it is bullish to end the current financial year on a firm note despite sentiment being impacted by the delay in handing over the Kuala Lumpur International Airport 2 (klia2) project.

KL mixed in quiet trading

Wednesday, July 30, 2014 - 23:44

SHARE prices on Bursa Malaysia closed higher yesterday in a quiet trading as investors were still away for an extended Hari Raya Aidilfitri break, said a dealer.

Asia: Markets rise ahead of US data

Wednesday, July 30, 2014 - 23:41

HONG KONG: Asia’s markets mostly rose yesterday, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release of key United States data and this week the Federal Reserve’s policy meeting.

Europe: Equities fall

Wednesday, July 30, 2014 - 23:39

LONDON: Europe’s stock markets were weak yesterday, weighed down by concerns that tougher sanctions against Russia could hurt the region’s economy despite news of a sharp rebound in United States economic growth.

Hong Kong: Seventh straight gain

Wednesday, July 30, 2014 - 23:37

STOCKS rose 0.37 per cent yesterday, a seventh successive gain, as investors await the release of United States economic data and a meeting of the Federal Reserve.

SGX: Key index down 0.07pc

Wednesday, July 30, 2014 - 23:35

THE Straits Times Index dropped 2.43 points, or 0.07 per cent, to 3,353.65.