Business

Emaar, Tradewinds in Iskandar foray

By ZURAIMI ABDULLAH - Sunday, 13 July 2014.

MOHAMED Ali Rasheed Alabbar, the chairman of Dubaibased Emaar Group, is helping Tradewinds Corp Bhd to embark on its first mega property project in Nusajaya, Johor, that will generate some RM18 billion in gross development value (GDV), sources said.

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FGV aims to grow revenue to RM100b in 6 years

Monday, July 14, 2014 - 14:41

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV), aims to grow its revenue to RM100 billion in six years to become one of the topten agribusiness companies globally.

Hong Leong Investment rates Sasbadi a ‘buy’

Monday, July 14, 2014 - 14:33

KUALA LUMPUR: Hong Leong Investment Bank has given a ‘buy’ rating on Sasbadi Holdings Bhd with a target price of RM1.52.

OCBC Bank, subsidiary to increase BLR and BFR

Monday, July 14, 2014 - 13:54

KUALA LUMPUR: OCBC Bank (M) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base lending rates (BLR) and base financing rates (BFR) effective July 16.

KLTM up US$130 to close at US$22,330

Monday, July 14, 2014 - 13:52

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) rose by US$130 to close at US$22,330 a tonne today in line with the uptrend in the metal price on the London Metal Exchange (LME).

Oil prices rebound in Asia

Monday, July 14, 2014 - 11:31

SINGAPORE: Oil rebounded in Asia Monday on bargain hunting following sharp falls last week stoked by the prospect of a revival in Libyan supplies.

KL shares remained mixed mid-day

Monday, July 14, 2014 - 10:02

KUALA LUMPUR: Share prices on Bursa Malaysia remained mixed at mid-day today amid profit taking and ahead of the Nuzul Quran holiday tomorrow, dealers said.

Ringgit opens firmer against major currencies

Monday, July 14, 2014 - 09:59

KUALA LUMPUR: The ringgit opened higher against the US dollar and other major currencies this morning supported by continuous buying interest, dealers said.

Lundin digging Tembakau-2 appraisal well

Monday, July 14, 2014 - 00:15

Gaining momentum for a greater and positive change

Monday, July 14, 2014 - 00:15

IN fighting many battles in the professional world (like many), I, too, have come to believe that when you find a window of opportunity, you need to pull all the resources and do as much as you can and move as swiftly as possible — not only creating, but also gaining momentum for change along the w

Ssangyong to build US$81m hotel in Langkawi

Monday, July 14, 2014 - 00:14

KUALA LUMPUR: South Korea’s Ssangyong Engineering & Construction (Ssangyong E&C) has clinched a US$81 million (RM258.39 million) deal to build a six-star St Regis hotel in Langkawi, the main hotel for the Asean Plus Three Summit scheduled to be held in Malaysia next year.

AFG’s prices poised to test overhead resistance

Monday, July 14, 2014 - 00:13

DUE to a lack of fresh market leads, share prices on Bursa Malaysia consolidated within tight trading ranges last week.

Tech earnings to take centre stage

Monday, July 14, 2014 - 00:12

EARNINGS from some of the biggest United States technology companies will take centre stage this week, giving investors a chance to re-evaluate the sector’s health.

Bearish momentum likely to persist

Monday, July 14, 2014 - 00:11

DESPITE a surge to new record highs amid optimism over global economic growth from the International Monetary Fund’s (IMF) positive assessment of an acceleration of global growth next year, the blue-chip benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped into profit-taking correction mode in the

Alibaba group gets to expand board presence

Monday, July 14, 2014 - 00:09

SAN FRANCISCO: A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company’s board once it goes public, according to a United States regulatory filing on Friday.

Debate grows over US key rates

Monday, July 14, 2014 - 00:08

A DEBATE is intensifying among the United States Federal Reserve’s regional bank presidents about whether to push interest rates up from zero sooner than planned because of recent improvements in the job market, the Wall Street Journal reported.

‘Euro banks’ excuses incorrect’

Monday, July 14, 2014 - 00:02

AMSTERDAM: Dutch Finance Minister Jeroen Dijsselbloem, a leading candidate for a top economic policy job in the European Commission (EC), has said excuses given by Europe’s banks for not lending were wrong.