Business

Q3 performance on target: EPF

By KHAIDIR A. MAJID AND MUHAMMED AHMAD HAMDAN - Monday, 20 October 2014.

THE Employees Provident Fund (EPF) is on track to pay its targeted dividend for 2014 based on its third-quarter performance but it is concerned that the last quarter may be impacted if market volatility continues.

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Rethink workforce strategy for millennial workforce, companies told

Monday, October 20, 2014 - 15:59

KUALA LUMPUR: Executives and employees tend to agree that leadership is lacking, with companies not focused enough on developing future leaders, according to a recent survey conducted by Oxford Economics Research and supported by enterprise software provider SAP.

Mudajaya poised to re-test overhead resistance

Monday, October 20, 2014 - 00:37

DESPITE the sharp technical rebound last Friday, share prices on the local bourse continued to display their intermediate-term consolidations last week.

EU braces for ‘decisive week’

Monday, October 20, 2014 - 00:24

THE European Union (EU) faces a decisive week as incoming chief executive Jean-Claude Juncker seeks approval for his new team to start tackling the economic and foreign policy challenges that beset the continent.

‘Tesco’s overestimated profit less than £250m’

Monday, October 20, 2014 - 00:24

LONDON: The world’s third largest retailer, Tesco, will state next week that it overestimated earnings by less than the £250 million (RM1.3 billion) which it previously announced, Sky news reported on Saturday, citing a banking source.

Danone eyeing Mead Johnson?

Monday, October 20, 2014 - 00:23

PARIS: French food giant Danone has decided it wants to pursue a takeover of American infant formula maker Mead Johnson Nutrition Group, said sources.

FBM KLCI ripe for oversold rebound

Monday, October 20, 2014 - 00:23

THE FTSE Bursa Malaysia KLCI (FBM KLCI) suffered a steep correction to a fresh 12-month low last week, propelled by sell-off in global equities, that was driven by global economic weakness, plunging oil prices and potential outbreak of the Ebola virus in the United States.

Market to find support in buybacks

Monday, October 20, 2014 - 00:12

IT is a tossup whether the market found a bottom last week, but bulls could find some support as corporations, mostly on the sidelines as the market tumbled, step up their stock purchases in the coming weeks.

Winn Worldwide plans IPO

By CHERYL YVONNE ACHUKUALA - Monday, October 20, 2014 - 00:09

WINN Worldwide Sdn Bhd, which owns the House of Leather  retail chain, plans to raise capital on Bursa Malaysia to grow the  business and expand overseas.

Malaysia secures RM2.35b German investments

Monday, October 20, 2014 - 00:07

FRANKFURT: Malaysia has attracted RM2.35 billion in investments from Germany during the its recent investment mission here.

WHB may offload 25pc stake in KLP

By SHAREN KAUR - Sunday, October 19, 2014 - 23:54

SHAH ALAM: Worldwide Holdings Bhd (WHB) is considering selling its 25 per cent stake in independent power producer (IPP) Kuala Langat Power Station (KLP) for RM500 million to RM700 million.

Sabah set to grow oil palm sector via EPPs

By KRISTY INUSKOTA - Sunday, October 19, 2014 - 23:48

SABAH is committed to develop its oil palm sector through Entry Point Projects (EPPs) and ensure continuous improvement in environmental management under the industry. 

Malaysia-EU FTA will provide growth impetus

Sunday, October 19, 2014 - 23:47

THE seeds are being planted in high fashion Milan and heads are turning towards Malaysia.

Local bourse likely to enter consolidation mode this week

Sunday, October 19, 2014 - 23:47

BURSA Malaysia, largely oversold last week may enter into consolidation mode this week.

Joint effort to set up PPP CoE

Sunday, October 19, 2014 - 23:45

THE Public-Private Partnership Unit (Ukas) under the Prime Minister’s  Department and the Commonwealth Association for Public Administration and Management (Capam) has signed an exchange of letters that paves the way for the setting up of the Public-Private Partnership Commonwealth Centre of Excel

NURTURING SOLIDARITY

Sunday, October 19, 2014 - 23:43

THE formation of Malaysia on September 16 1963 signifies the importance of building strong solidarity among the country’s forefathers.

Fonterra mulls plant expansion

Sunday, October 19, 2014 - 23:42

JAKARTA: A local unit of New Zealand-based Fonterra, the world’s biggest dairy exporter, is considering investing an additional 300 billion rupiah (RM82 million) in a new plant currently under construction in Indonesia to double its capacity, in light of growing demand.