Business

Greater opportunities: The Q&A with Datuk Ranjit Ajit Singh

Monday, 2 March 2015.

Datuk Ranjit Ajit Singh is the Chairman of Securities Commission Malaysia and Chairman of Asean Capital Markets Forum

Latest

Brent crude up to over US$60.50

Tuesday, March 3, 2015 - 15:48

SINGAPORE: Brent crude oil prices rose more than a dollar to above $60.50 a barrel on Tuesday, tracking firmer Asian markets, but analysts warned the market remained oversupplied.

KL shares higher at mid-afternoon

Tuesday, March 3, 2015 - 15:37

KUALA LUMPUR: Share prices on Bursa Malaysia were higher at mid-afternoon today on continued buying interest, mostly in heavyweights.

CGC, OCBC Al-Amin to boost unsecured business financing for SMEs to RM1b

Tuesday, March 3, 2015 - 15:16

KUALA LUMPUR: Credit Guarantee Corp Malaysia Bhd (CGC) and OCBC Al-Amin Bank Bhd plan to disburse RM1 billion in unsecured business financing for small and medium enterprises (SMEs) by year-end.

M’sia, S’pore and Thai ink a deal to expedite access to capital

By Rupa Ddamodaran - Tuesday, March 3, 2015 - 15:16

KUALA LUMPUR: The Securities Commission of Malaysia (SC) today signed a memorandum of understanding (MoU) with the Monetary Authority of Singapore (MAS) and the Securities and Exchange Commission of Thailand (SEC) as well as the Singapore Exchange to enhance Asean’s attractiveness as fund-raising ce

Oriental’s unit acquires 90pc stake in PT Surya Agro

Tuesday, March 3, 2015 - 14:55

KUALA LUMPUR: OAM Asia (Singapore) Pte Ltd (OAMA) has acquired 90 per cent stake in PT Surya Agro Persada (SAP) for RM98.321 million, Oriental Holdings Bhd (OHB) said in a filing to Bursa Malaysia.

Axiata launches own application programme interface

Tuesday, March 3, 2015 - 14:38

KUALA LUMPUR: Axiata Digital Services (ADS) has launched Mobile Internet Fulfillment Exchange (MIFE), its own Application Programme Interface (API) platform for all of its Operating Companies (OpCos) across Asia.

Property market to moderate but large developers are resilient: Moody’s

Tuesday, March 3, 2015 - 12:13

KUALA LUMPUR: Intenational rating agency Moody's says the property market will be dampened this year but large listed property developers are expected to be resilient.

Ringgit opens marginally higher against US Dollar

Tuesday, March 3, 2015 - 10:44

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today on mild buying support at 3.6280/6310 compared with 3.6290/5320 on Monday, a currency trader said.

Nestle to pass on sales tax savings to retailers on GST implementation

Monday, March 2, 2015 - 17:38

SHAH ALAM: Nestlé (Malaysia) Bhd says it supports the impending implementation of the Goods and Services Tax (GST) and is in full compliance with the Anti-Profiteering Act 2011.

Highest GST registration rate recorded on Feb 27

Monday, March 2, 2015 - 17:35

PUTRAJAYA: The highest registration rate for the Goods and Services Tax (GST) was recorded on the second last day of the exercise on Feb 27 with 18,641 companies complying with the requirement.

Pestech unit bags RM48m S’wak energy contract

Monday, March 2, 2015 - 17:32

KUALA LUMPUR: Pestech International Bhd’s wholly-owned unit, Pestech Sdn Bhd (PSB), has secured a RM48.363 million contract to build the Samajaya electricity sub-station in Kuching for Sarawak Energy Bhd.

MCMC chairman: Telcos supportive of call to lower broadband charges

Monday, March 2, 2015 - 15:27

CYBERJAYA: After pledging to have more engagement with the industry regarding price regulation last week, Malaysian Communications and Multimedia Commission (MCMC) Chairman, Datuk Seri Dr Halim Shafie announced that the service providers are supportive of the Communications and Multimedia Minister’s

Eversendai bags RM269m contract in Qatar

Monday, March 2, 2015 - 15:04

KUALA LUMPUR: Eversendai Corp Bhd, a specialist engineering and construction services provider, has secured a project worth RM269.2 million to construct the Al Wahda Arches and Visitors’ Centre in Doha, Qatar.

Oil prices stabilise in Asian trade

Monday, March 2, 2015 - 14:27

SINGAPORE: Oil prices stabilised in Asia Monday following sharp gains in the previous session as dealers predicted the end of volatile trading and the beaten-down commodity bottoming out, analysts said.

Khazanah to inject RM1.6b in restructuring MAS

Monday, March 2, 2015 - 12:48

KUALA LUMPUR: Khazanah Nasional Berhad said that it will disburse up to RM1.6 billion in its second phase of the restructuring of national flag carrier Malaysian Airlines System Berhad.

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