Business

Perodua expects Myvi sales to hit one million by 2017

By CHERYL YVONNE ACHU - Thursday, 21 May 2015.

LANGKAWI: PERUSAHAAN Otomobil Kedua Sdn Bhd (Perodua) expects Myvi sales to hit one million units by end of 2017, as it rides on solid demand for the model, coupled with other promotions.

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Digi fully supports minister’s call for affordable Internet

Friday, May 22, 2015 - 11:06

KUALA LUMPUR: Digi is supportive of the government’s call for more affordable broadband Internet plans for all Malaysians and has announced a number of packages and product bundles that caters to price-conscious customers.

KLCI futures open higher

Friday, May 22, 2015 - 10:43

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI futures contract (FKLI) on Bursa Malaysia Derivatives opened higher today lifted by renewed demand.

FTSE Bursa Malaysia Update: 9.30am

Friday, May 22, 2015 - 10:00

KUALA LUMPUR: At 9.30am today, there were 156 gainers, 213 losers and 215 counters traded unchanged on the Bursa Malaysia.

Ringgit opens higher against USD

Friday, May 22, 2015 - 09:57

KUALA LUMPUR: The ringgit strengthened against the US dollar in early trading today on continuous demand for the local unit, said a dealer.

Macro economic resilience will continue to be strengthened under 11MP

Thursday, May 21, 2015 - 21:50

KUALA LUMPUR: THE government will continue to strengthen its macroeconomic resilience by shifting towards multi-dimensional goals for the nation that balance economic growth, wealth distribution and national well being in line with the people economy under the 11th Malaysia Plan.

Sukuk bond issuance in Malaysia to be slightly lower this year: Moody’s

By RUPA DAMODARAN - Thursday, May 21, 2015 - 21:33

KUALA LUMPUR: Sukuk bond issuance in Malaysia will be slightly lower this year than the US$20 billion in 2014, against a backdrop of fiscal deficit reduction,weak commodity prices and foreign exchange volatility, said Moody’s Investors Service.

YTL Corp Q3 pre-tax profit falls to RM621.12 million

Thursday, May 21, 2015 - 21:22

KUALA LUMPUR: YTL Corporation Bhd’s (YTL) pre-tax profit fell to RM621.12 million in the third quarter (Q3) ended March 31, 2015 from RM674.06 million in the same quarter last year.

Concerted effort needed by local furniture industry to expand market share in China

By Chong Chee Seong - Thursday, May 21, 2015 - 21:20

MUAR: The Malaysian Timber Council (MTC) is helping the local furniture industry to expand its market share in China.

More push needed for professional services exports: Mustapa

By RUPA DAMODARAN - Thursday, May 21, 2015 - 19:30

KUALA LUMPUR: A more aggressive push is required to get Malaysian exports of professional services to other Asean countries, said International Trade and Industry Ministry Datuk Seri Mustapa Mohamed.

Petron Malaysia returns to black in Q1

Thursday, May 21, 2015 - 19:28

KUALA LUMPUR: Petron Malaysia Refining & Marketing Bhd has returned to the black, registering a pre-tax profit of RM82.35 million for the first quarter ended March 31, 2015 from a pre-tax loss of RM9.33 million in the same period of last year.

Perdana Petroleum Q1 pre-tax profit falls to RM9.58 million

Thursday, May 21, 2015 - 19:10

KUALA LUMPUR: Perdana Petroleum Bhd’s pre-tax profit declined to RM9.58 million in the first quarter (Q1) ended March 31, 2015 from RM22.36 million in the same period last year.

UEM Sunrise eyes RM2 billion sales this year

Thursday, May 21, 2015 - 17:46

SUBANG: Property developer UEM Sunrise Bhd expects RM2 billion in sales this year with the launch of eight new projects, says Managing Director/Chief Executive Officer Anwar Syahrin Abdul Ajib.

ETCM expects car sales to recover in Q3

Thursday, May 21, 2015 - 17:44

JOHOR BARU: Edaran Tan Chong Motor (ETCM) expects its car sales to recover in the third quarter of this year after experiencing a slowdown starting last month.

Khazanah appoints new Executive Director for India office

Thursday, May 21, 2015 - 17:42

KUALA LUMPUR: Khazanah Nasional Bhd has appointed Chinta Bhagat as its Executive Director, Investments for India office, effective July 15, 2015.

MITI aims to draw quality investments

Thursday, May 21, 2015 - 17:40

KUALA LUMPUR: The Ministry of International Trade and Industry (MITI) targets to attract more quality investors that are able to generate business opportunities that pay higher salaries to workers.

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