KUALA LUMPUR: The positive momentum from the transformation initiatives in Maxis is now driving its operational indicators upwards.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MHB) pre-tax profit for the first quarter (Q1) ended March 31, 2015 rose to RM35.002 million from RM34.087 million recorded in the same period a year ago.
GEORGE TOWN: Malaysia Smelting Corp Bhd (MSC) is positive on its financial results ending December 2015 mostly driven by the smelting business.
JOHOR BARU: The state's biotechnology sector through Johor Biotechnology and Biodiversity Corporation (J-Biotech) is targeting RM500 million worth of investment for this year.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FKLI) futures contracts on Bursa Malaysia Derivatives were higher at mid-day today.
KUALA LUMPUR: The key index on Bursa Malaysia was almost flat at mid-day as mixed sentiment weighed on buying patterns, a dealer said. At mid-day break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.29 point firmer at 1,862.87, after moving between 1,860.26 and 1,867.53.
KUALA LUMPUR: Prasarana Malaysia Bhd has a budget of RM1 billion for land acquisitions for the LRT3 project.
KOTA TINGGI: The Johor state government has allocated RM3 million for an initiative to produce 40 Bumiputera business incubators over the next two years in Pengerang.
KUALA LUMPUR: The European Union will explore the possibility of resuming talks on a free trade agreement with the Association of Southeast Asian Nations more than six years after negotiations between the two sides collapsed.
BEIJING: Asian stock markets rose Monday after Wall Street gained on strong earnings and investors looked ahead to Apple results and this week’s U.S. Federal Reserve meeting.
KUALA LUMPUR: Shares on Bursa Malaysia reversed earlier gains at mid-morning today, capped by mild profit taking.
SIBU: The awareness of financial planning for retirement among Malaysians is still low due to lack of knowledge and skills, Permodalan Nasional Bhd (PNB) board member Tan Sri Wan Abdul Aziz Wan Abdullah said.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will engage with companies in the money services business to reduce the level of foreign employment to no more than 3.0 per cent by end-2016 at the industry level.
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).