Business

Higher profit

By OOI TEE - Friday, 25 July 2014.

PUBLIC Bank Bhd’s net profit rose 3.3 per cent to RM1.06 billion in the second quarter ended June 2014 from RM1.02 billion a year ago, thanks to higher net interest income.

Latest

M’sia unemployment rate at 2.9pc for May

Friday, July 25, 2014 - 18:03

KUALA LUMPUR: Malaysia's unemployment rate remained unchanged at 2.9 per cent for May 2014 from April.

KL shares end slightly higher

Friday, July 25, 2014 - 17:43

KUALA LUMPUR: Last-minute buying in selected heavyweights pushed the local benchmark to close slightly positive, dealers said.

MTA companies to expedite MH17 claims

Friday, July 25, 2014 - 17:17

KUALA LUMPUR: The Malaysian Takaful Association (MTA) member companies are considering waiving the standard claims requirement to assist in speeding up the claim payment once the beneficiaries have been confirmed.

Buy MRCB shares, says HLIB

Friday, July 25, 2014 - 16:42

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research rates Malaysia Resources Corp Bhd (MRCB) a 'buy' with a target price of RM2.02 on plan to get full control of Penang Sentral

Tenaga inks pact on renewable energy project in Sri Langka

Friday, July 25, 2014 - 15:39

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has signed an investment agreement with KLS Energy Sdn Bhd, KLS Energy Sri Lanka Sdn Bhd and

KL shares down at midafternoon

Friday, July 25, 2014 - 15:15

KUALA LUMPUR: At 3p.m. today, there were 304 gainers, 451 losers and 335 counters traded unchanged on the Bursa Malaysia.

LPI Capital Q2 pre-tax profit rises

Friday, July 25, 2014 - 15:12

KUALA LUMPUR: -- LPI Capital Bhd's pre-tax profit for the second quarter ended June 30, 2014 increased by 9.8 per cent to RM68.55 million from RM62.507 million in the same period last year.

Invest Fair Malaysia to be held at Mid Valley

Friday, July 25, 2014 - 15:08

KUALA LUMPUR: ShareInvestor, a leading financial

KL shares down at midday

Friday, July 25, 2014 - 12:45

KUALA LUMPUR: At 12.30 p.m. today, there were 286 gainers, 428 losers and 331 counters traded unchanged on the Bursa Malaysia.

Register for the GST before Dec 31: Customs Dept

Friday, July 25, 2014 - 12:41

PUTRAJAYA: The Royal Customs Department has asked companies and individual business owners to make the obligatory registration for the goods and services tax (GST) before Dec 31, 2014 to avoid action being taken against them.

HLIB Research maintains 'buy' rating on MAHB

Friday, July 25, 2014 - 11:55

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research maintains 'buy' rating on Malaysia Airports Holdings Bhd (MAHB) with lower target price of RM9.38, despite second quarter (Q2) losses.

KL shares down at midmorning

Friday, July 25, 2014 - 11:18

KUALA LUMPUR: At 10.30 a.m. today, there were 242 gainers, 311 losers and 324 counters traded unchanged on the Bursa Malaysia.

Heng Huat debuts with a 16 sen premium

Friday, July 25, 2014 - 11:11

KUALA LUMPUR: Heng Huat Resources Group Bhd debuted onthe ACE market of Bursa Malaysia at 61 sen, for a premium of 16 sen, over its offer price of 45 sen.

RHB keeps 'neutral' rating on IGB REIT

Friday, July 25, 2014 - 10:53

KUALA LUMPUR: RHB Research keeps its 'neutral' rating on IGB Real Estate Investment Trust (REIT) with a RM1.27 fair value driven by strong earnings growth.

RHB Research upgrades Unisem to 'buy'

Friday, July 25, 2014 - 10:16

KUALA LUMPUR: RHB Research upgrades Unisem Bhd to 'buy' on successful turnaround in profitability and bullish outlook.

Ringgit opens softer in early trade

Friday, July 25, 2014 - 10:04

KUALA LUMPUR: The ringgit opened softer this morning on