Business

Record RM236 billion in approved investments in 2014: Mustapa Mohamed

By RUPA DAMODARAN - Thursday, 26 February 2015.

KUALA LUMPUR: Malaysia flexed its investment muscles to chart a new record RM235.9 billion in approved investments last year, placing it closer towards its goal of a developed nation in five years.

Latest

FTSE Bursa Malaysia update: 12.30pm

Friday, February 27, 2015 - 12:41

KUALA LUMPUR: At 12.30 p.m. today, there were 286 gainers, 446 losers and 279 counters traded unchanged on the Bursa Malaysia.

BNM: Malaysia has US$110.6 billion in unencumbered reserve assets

Friday, February 27, 2015 - 12:36

KUALA LUMPUR: The country’s official reserve assets amounted to US$110.6 billion as at end January 2015, Bank Negara Malaysia said.

Asian markets largely flat in morning trade`

Friday, February 27, 2015 - 12:02

HONG KONG: Asian markets were largely flat in morning trade Friday after the dollar firmed on US inflation data, while disappointing Japanese figures challenged Tokyo’s war on falling prices.

FBM KLCI lower at mid-morning

Friday, February 27, 2015 - 11:43

KUALA LUMPUR: Share prices on Bursa Malaysia remained mixed at mid-morning today on lack of fresh local leads.

Brent approaches US$61

Friday, February 27, 2015 - 11:04

SINGAPORE: Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices.

KLCI futures higher in early trade

Friday, February 27, 2015 - 10:08

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives opened higher with three contract months traded.

Short-Term rates to remain stable on BNM’s intervention

Friday, February 27, 2015 - 10:02

KUALA LUMPUR: Short-term interbank rates are expected to remain stable today with Bank Negara Malaysia (BNM) intervening to absorb excess liquidity from the financial system.

KL shares edge lower in early trade

Friday, February 27, 2015 - 10:00

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged down this morning on selective trading as traders remained on sidelines, a dealer said.

Klibor futures untraded at 9.20am

Friday, February 27, 2015 - 09:55

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives was untraded as at 9.20am.

Ringgit opens easier against USD

Friday, February 27, 2015 - 09:52

KUALA LUMPUR: The ringgit opened easier against the US dollar, in early trading this morning, on lack of buying support, a currency trader said.

India aims to invest $137 bln in railways in next 5 years

Thursday, February 26, 2015 - 18:37

NEW DELHI: India's government unveiled plans on Thursday to invest $137 billion in its decrepit rail network over the next five years, heralding Prime Minister Narendra Modi's aggressive approach to building infrastructure needed to unlock faster economic growth.

Hong Kong seeks to rival Singapore as corporate FX hub

Thursday, February 26, 2015 - 18:12

HONG KONG: In a bid to rival Singapore, Hong Kong is introducing sweeping tax measures aimed at making it a more attractive centre in Asia for global corporations to trade foreign exchange.

Ringgit strengthens against US Dollar

Thursday, February 26, 2015 - 17:56

KUALA LUMPUR: The ringgit was higher compared to the US dollar in late trading today at slightly below the 3.600 level, as the greenback extended losses in most overseas markets, a currency trader said.

Felda Investment Corp opens restaurant in Jeddah

Thursday, February 26, 2015 - 17:51

KUALA LUMPUR: Felda Investment Corporation Sdn Bhd (FIC) has opened Malaysia's first restaurant in Jeddah.

Peter Sands to leave StandChart in June

Thursday, February 26, 2015 - 17:43

LONDON: The chief executive of Asia-focused bank Standard Chartered will step down in June, the company said Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering.

Pages