KUALA LUMPUR: If trade is a powerful tool for economic growth drawing global economic giants – the US and China - to vibrant ASEAN to negotiate free trade deals, it has been all quiet on the Europe front in recent times despite it being the largest investor in the region.
KUALA LUMPUR: Malaysian companies are most optimistic about Asean integration, with 90 per cent indicating that they see business opportunities, according to a study by the Boston Consulting Group (BCG).
KUALA LUMPUR: Ireka Corporation Bhd (Ireka Corp) expects to receive returns from the asset divestment plan by its unit, Aseana Properties Ltd.
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.
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.
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.
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.
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.
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.
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.
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.
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.
KUALA LUMPUR: Bursa Malaysia ended the morning session easier today on profit-taking especially in small-caps, finance and banking stocks.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FKLI) futures contracts on Bursa Malaysia Derivatives were higher at mid-day today.
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.