Business

Zeti questions Fitch’s outlook on Malaysia

Thursday, 23 April 2015.

KUALA LUMPUR: Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz has questioned the basis of Fitch Ratings’ possible downgrade on Malaysia given the country’s strong fundamentals.

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Ireka Corp eyes returns from Aseana properties

Friday, April 24, 2015 - 21:53

KUALA LUMPUR: Ireka Corporation Bhd (Ireka Corp) expects to receive returns from the asset divestment plan by its unit, Aseana Properties Ltd.

Moody’s: Credit positive for intra-regional trade between Asean members

By RUPA DAMODARAN - Friday, April 24, 2015 - 12:48

KUALA LUMPUR: Moody’s described intra-regional trade between the 10 members of Asean as credit positive for the region given that growth in other key export markets such as China is slowing.

Zeti questions Fitch’s outlook on Malaysia

Thursday, April 23, 2015 - 16:25

KUALA LUMPUR: Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz has questioned the basis of Fitch Ratings’ possible downgrade on Malaysia given the country’s strong fundamentals.

MSAM 2015 attracts 138,407 visitors

Thursday, April 23, 2015 - 16:23

SIBU: The Malaysian Unit Trust Week (MSAM), organised by Permodalan Malaysia Bhd (PNB), has attracted 138,407 visitors in the first four days of the event.

GLCs key contributors to nation’s economic growth

Thursday, April 23, 2015 - 15:44

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak said government-linked companies (GLCs) under the GLC Transformation Programme have been key contributors to the nation’s economic growth and development over the past 10 years.

Gadang gets shareholder nod to buy land in Semenyih

Thursday, April 23, 2015 - 15:39

KUALA LUMPUR: Investment holding company Gadang Holdings Bhd has obtained shareholders’ approval for its proposal to buy 62.84 acres (25.43 ha.) of freehold land in Semenyih from Sementar Properties Sdn Bhd for RM95.8 million in cash.

Current interest rate accommodative for banking sector: Nazir

Thursday, April 23, 2015 - 15:37

KUALA LUMPUR: Malaysia’s current interest rate at 3.25 per cent, which was raised by Bank Negara Malaysia in July 2014, is accommodative for ‎the Malaysian banking sector.

Integration credit positive, will spur intra-Asean trade: Moody’s

Thursday, April 23, 2015 - 15:34

JAKARTA: Moody’s Investors Service says the finalisation by members of the Association of Southeast Asian Nations (ASEAN) of tariff liberalisation by the end of 2015 is credit positive for the region and will boost intra-regional trade and economic growth.

SIC to open its track to cycling enthusiasts this year

By MUHAMMED AHMAD HAMDAN - Thursday, April 23, 2015 - 15:14

SEPANG: Sepang International Circuit (SIC) is set to open its track to cycling enthusiasts this year in its latest initiative to allow more members of the public to utilise the world-class facility.

Malaysia on track to achieve growth target: PM

Thursday, April 23, 2015 - 14:41

KUALA LUMPUR: Malaysia is on track to achieve its projected growth for this year as well as its other goal to attain high-income nation status by 2020, thanks to the stability of its institutions and diversification of its economic structure.

Bursa Malaysia easier on profit-taking

Thursday, April 23, 2015 - 14:25

KUALA LUMPUR: Bursa Malaysia ended the morning session easier today on profit-taking especially in small-caps, finance and banking stocks.

KLCI Futures higher at mid-day

Thursday, April 23, 2015 - 14:23

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FKLI) futures contracts on Bursa Malaysia Derivatives were higher at mid-day today.

“I don’t feel lonely,” PM Najib

Thursday, April 23, 2015 - 14:00

KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak, in response to criticism about his administration, today said he does not feel lonely in telling the truth.

Eco World aims for RM4 billion sales in 2016

Thursday, April 23, 2015 - 12:39

KUALA LUMPUR: Property developer, Eco World Development Group Bhd, aims to achieve RM4 billion in sales for its financial year ending Oct 31, 2016.

New MAS will need less staff: analysts

Thursday, April 23, 2015 - 12:35

KUALA LUMPUR: The new Malaysia Airlines (MAS) emerging from its ongoing Recovery Plan that entails a shrinking of international routes, will spur the trimming of its workforce, according to analysts.

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