EPF I-akaun usage increases 100 per cent

Monday, 25 May 2015.

KUALA LUMPUR: The usage of i-Akaun, an online facility to check Employees Provident Fund (EPF) savings, has increased to over 100 per cent in the first quarter ended March 31.


MRCB to develop Brickfields land

By SHAREN KAUR - Tuesday, May 26, 2015 - 12:48

KUALA LUMPUR: Malaysian Resources Corp Bhd will demolish the five acre site, known as Lot 349/100 in Brickfields, here starting tomorrow and works to complete in two months.

BNM confirms receiving 1MDB’s report from Singapore

By OOI TEE CHING - Tuesday, May 26, 2015 - 12:37

KUALA LUMPUR: Bank Negara Malaysia has received information on BSI Bank Ltd from its counterpart Monetary Authority of Singapore (MAS) concerning investigation into 1Malaysia Development Bhd

SMEs urged to play a bigger role: DPM

By ZARINA ZAKARIAH and CHERYL YVONNE - Tuesday, May 26, 2015 - 12:26

KUALA LUMPUR: The growing consumer markets and expansion of production networks in Asia will continue to be a major driving force in promoting intra-regional trade among Asean countries.

FGV to supply premier oil palm seeds to planters in Mindanao

Monday, May 25, 2015 - 22:28

KUALA LUMPUR: – Felda Global Ventures Holdings Bhd (FGV) subsidiary Felda Agriculture Services Sdn Bhd (FASSB) has ventured into the Philippine market to supply its premier oil palm seeds to planters in Mindanao.

Japan wants to see shinkansen in M’sia

Monday, May 25, 2015 - 22:25

TOKYO: – Japan has made it clear that it wants to see the country’s proud Shinkansen bullet train technology used in the planned high speed rail project between Kuala Lumpur and Singapore.

Maybank Kim Eng to increase capital in Vietnam in 2 years

Monday, May 25, 2015 - 22:23

HO CHI MINH CITY: – Maybank Kim Eng, the investment banking securities arm of Maybank Group, plans to increase its capital in Vietnam to US$50 million (US$1=RM3.61) in the next two years from US$40 million in 2014, says Chief Executive Officer John Chong.

Forensic audit to clear names of Tanjung Offshore’s Tan Kean Soon & Muhammad Sabri

Monday, May 25, 2015 - 22:21

KUALA LUMPUR: – A forensic audit report on Tanjung Offshore Bhd to be released soon is expected to clear the company’s executive deputy chairman Tan Sri Tan Kean Soon and board member Muhammad Sabri Ab Ghani of any financial irregularities.

Malaysia needs 60,000 accountants by 2020

Monday, May 25, 2015 - 19:55

SHAH ALAM: Malaysia needs to double its accountants to 60,000 in an effort to support its transformation into a developed nation by 2020, Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar said.

Uzma’s unit bags two contracts worth RM166.5 million from Petronas Carigali

Monday, May 25, 2015 - 19:54

KUALA LUMPUR: Uzma Bhd’s associate company, Sazma Aviation Sdn Bhd, has been awarded two contracts worth RM166.5 million by Petronas Carigali Sdn Bhd (PCSB) for the provision of helicopter services.

MBM Resources posts stellar results in 1Q15

Monday, May 25, 2015 - 19:52

KUALA LUMPUR: MBM Resources Bhd’s pre-tax profit more than doubled to RM65.18 million in the first quarter ended March 31, 2015, from RM27.97 million in the same quarter last year.

Boustead’s pre-tax profit dips to RM69.5 million in 1Q15

Monday, May 25, 2015 - 19:51

KUALA LUMPUR: Boustead Holdings Bhd’s pre-tax profit dropped to RM69.5 million in the first quarter (Q1) ended March 31, 2015, from RM133.3 million in the same quarter last year.

Kulim’s Q1 pre-tax profit rises to RM24.58 million

Monday, May 25, 2015 - 18:59

KUALA LUMPUR: Kulim (Malaysia) Bhd’s pre-tax profit rose to RM24.58 million for the first quarter ended March 31, 2015 from the RM20.2 million recorded in the same quarter last year.

Amanah Nusantara eyes US$5.3 billion investments from Malaysia in Cirebon

Monday, May 25, 2015 - 18:42

KUALA LUMPUR: Strategic investment company Amanah Nusantara International Sdn Bhd (ANI) expects to garner US$5.3 billion in investments from Malaysia to develop infrastructure facilities in the port city of Cirebon in Indonesia over the next three years.

Takaful Malaysia Q1 pre-tax profit up 39.1 per cent to RM62.2 million

Monday, May 25, 2015 - 18:38

KUALA LUMPUR: Syarikat Takaful Malaysia Bhd’s profit before zakat and taxation for the first quarter (Q1) ended March 31, 2015 rose 39.1 per cent to RM62.2 million from RM44.7 million registered in the same quarter last year.

Economic upturn in Asian countries still fragile, says survey

Monday, May 25, 2015 - 18:24

KUALA LUMPUR: The economic upturn in Asian countries is still fragile, according to the regular global survey of finance professionals.