Business

Green light for transport hub

By MARINA - Monday, 29 September 2014.

MALAYSIAN Resources Corporation Bhd (MRCB) has received the nod from the Penang authorities to proceed with construction of the much-awaited transport terminal in the Penang Sentral project.

Latest

KL shares close easier

Tuesday, September 30, 2014 - 18:05

KUALA LUMPUR: Shares on Bursa Malaysia gave up its earlier gains to close easier today, with losses seen in selected key heavyweights and small capitalised stocks, dealers said.

Ringgit closes flat against US dollar

Tuesday, September 30, 2014 - 17:58

KUALA LUMPUR: The ringgit closed flat against the US dollar today as it consolidated from the recent sell-off, said a dealer.

Ringgit in biggest monthly decline since 2012

Tuesday, September 30, 2014 - 17:43

Malaysia’s ringgit completed its biggest monthly drop in more than two years as the greenback surged on signs the Federal Reserve is moving closer to raising US interest rates.

Rubber prices rebound to close mixed

Tuesday, September 30, 2014 - 17:38

KUALA LUMPUR: Malaysian rubber prices rebounded to close mixed today on the ringgit weakening against the US dollar, a dealer said.

JobStreet promises no retrenchment

Tuesday, September 30, 2014 - 17:06

KUALA LUMPUR: JobStreet.com Sdn Bhd has promised that there will be no retrenchment following discussions over a possible acquisition of the online employment company by SEEK Asia Investment Pte Ltd.

KL to host ISI regional statistics conference

Tuesday, September 30, 2014 - 16:57

KUALA LUMPUR: Kuala Lumpur will be hosting the International Statistical Institute (ISI) Regional Statistics Conference on November 16-19 at the Sasana Kijang, Bank Negara.

‘GST raises national income’

Tuesday, September 30, 2014 - 16:53

KAMPAR: The Goods and Services Tax is a strategy to support Malaysia's economy and strengthen its fiscal position by reducing the nation's dependence on international funds, says International Trade and Industry Deputy Minister Datuk Lee Chee Leong.

Danajamin, CGIF to develop local capital market

Tuesday, September 30, 2014 - 15:28

KUALA LUMPUR: Danajamin Nasional Bhd has partnered the Credit Guarantee and Investment Facility (CGIF) to develop the local capital market in guaranteeing bonds and sukuk programmes.

KL shares mixed mid-afternoon

Tuesday, September 30, 2014 - 15:25

KUALA LUMPUR: Share prices on Bursa Malaysia were mixed at mid-afternoon today amid tensions in Hong Kong, dealers said.

Easy Taxi unveils reward plan for taxi drivers

Tuesday, September 30, 2014 - 15:05

KUALA LUMPUR: Taxi booking app Easy Taxi has announced a competitive 'Super Easy Taxi' reward plan for Malaysian taxi drivers using its new 'iconic' taxis, ranging from RM200 to RM1,000 per month depending on their performance as well as customer ratings.

Sime Darby aborts deal to buy Kulim’s shares in NBPOL

Tuesday, September 30, 2014 - 15:02

KUALA LUMPUR: Sime Darby Bhd has decided not to proceed with the proposed acquisition of Kulim (Malaysia) Bhd's equity interest in New Britain Palm Oil Ltd (NBPOL).

Sumitomo invests RM15.6m for e-commerce platform

Tuesday, September 30, 2014 - 14:59

KUALA LUMPUR: Sumimoto Corp's local unit, Sumisho Ecommerce Malaysia Sdn Bhd, has invested RM15.6 million to set up Soukai.my, an e-commerce platform targeting mainly the domestic consumers.

RAM sees fiscal, monetary measures to be rolled out

By RUPA DAMODARAN - Tuesday, September 30, 2014 - 14:54

KUALA LUMPUR: RAM Ratings expects both fiscal and monetary measures to be rolled out to rein in inflationary expectations ahead of the implementation of the Goods and Services Tax (GST).

KLTM ends lower at US$20,400 a tonne

Tuesday, September 30, 2014 - 13:41

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) traded lower today, influenced by the downtrend in other metal prices, a dealer said.

KL shares remain mixed mid-day

Tuesday, September 30, 2014 - 13:37

KUALA LUMPUR: Shares on Bursa Malaysia continued to trend mixed at the end of the morning session today with bluechips remaining an attraction, led by plantation and finance counters, dealers said.

Parkway Pantai crunches big data for greater productivity

Tuesday, September 30, 2014 - 13:30

KUALA LUMPUR: Parkway Pantai group, the second largest listed healthcare group in the world, has put in place systems to simplify the task of mining its data for insights to manage its business more effectively while greater productivity and operational efficiencies.