KUALA LUMPUR: ARC Ratings SA (ARC), a global rating agency, has assigned a long-term foreign currency issuer rating to the government of Malaysia (Malaysia) of “A.”
KUALA LUMPUR: Lower oil prices have yet to result in any sizeable goss domestic product (GDP) growth upgrade for emerging Asia, partly because of slowing global growth outside the US, said Bank of America Merrill Lynch.
SHAH ALAM: UMW Grantt International Sdn Bhd (UMWG) is targeting sales growth of up to RM100 million over the next five years for the newly-improved range of GRANTT lubricants.
KUALA LUMPUR: The revised 2015 Budget is not required to be tabled again as a number of proactive measures announced recently did not involve any additional or supplementary expenditure, said the Finance Ministry.
KUALA LUMPUR: The Emkay Group is expected to launch 18 exclusive villas under the third phase of the Belum Rainforest Resort in April this year.
KUALA LUMPUR: Bursa Malaysia ended on a firmer note today on continuous buying support for selected heavyweights, amid bargain hunting activities and positive regional market sentiments, dealers said.
BANGKOK: There is a good opportunity to invest in Eurozone assets and expand business to the Eurozone through direct investment, mergers and acquisitions or equity investment given higher liquidity in the Eurozone amid a prolonged low interest rate, according to CIMB Thai Research.
PETALING JAYA: WCT Holdings Bhd aims to secure RM2 billion worth of local and foreign property development jobs this year, said executive director, Wong Yik Kae.
KUALA LUMPUR: Standard & Poor’s said Malaysia’s credit rating will remain at a stable A- for the next one to two years.
SINGAPORE/SYDNEY: The euro set a fresh 11-year low versus the dollar on Friday, staying under pressure after the European Central Bank launched a landmark bond-buying programme to support the sagging euro zone economy.
KUALA LUMPUR: Mercedes-Benz Malaysia Sdn Bhd will continue to invest in Malaysia despite global economic uncertainty amid lower crude oil prices, as well as the weakening ringgit.
KUALA LUMPUR: Fourteen Malaysian exporters in the healthcare industry will participate in Arab Health 2015 trade fair at the Dubai International Convention and Exhibition Centre in Dubai, United Arab Emirates (UAE).
KUALA LUMPUR: Bursa Malaysia was higher at mid-afternoon today, lifted by gains in selected key heavyweights, dealers said. At 3.05pm, the benchmark FBM KLCI was up 19.28 points at 1,801.03.
HONG KONG: Asian equity markets rallied Friday after the European Central Bank announced a huge cash injection to kickstart the eurozone economy, while crude prices surged on news that the monarch of oil kingpin Saudi Arabia had died.
SINGAPORE: Gold steadied above $1,300 a tonne on Friday, near its strongest level in five months, after the European Central Bank launched a multi-billion bond-buying programme to invigorate the euro zone economy.