KUALA LUMPUR: Kulim (Malaysia) Bhd’s pre-tax profit rose to RM24.58 million for the first quarter ended March 31, 2015 from the RM20.2 million recorded in the same quarter last year.
KUALA LUMPUR: Strategic investment company Amanah Nusantara International Sdn Bhd (ANI) expects to garner US$5.3 billion in investments from Malaysia to develop infrastructure facilities in the port city of Cirebon in Indonesia over the next three years.
KUALA LUMPUR: Syarikat Takaful Malaysia Bhd’s profit before zakat and taxation for the first quarter (Q1) ended March 31, 2015 rose 39.1 per cent to RM62.2 million from RM44.7 million registered in the same quarter last year.
KUALA LUMPUR: The economic upturn in Asian countries is still fragile, according to the regular global survey of finance professionals.
SINGAPORE: A new Asia Pacific Economic Cooperation (APEC) Policy Support Unit report confirms that regional free trade agreements (FTAs) in the Asia-Pacific do make a difference in boosting exports.
KUALA LUMPUR: The usage of i-Akaun, an online facility to check Employees Provident Fund (EPF) savings, has increased to over 100 per cent in the first quarter ended March 31.
SEBERANG PERAI: Public Packages Holdings Bhd (PPHB) expects 2015 to be a challenging year as the buoyant US dollar continues to put pressure on the pricing of products and cost sustainability.
KUALA LUMPUR: Shares on Bursa Malaysia ended lower today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) 20.12 points easier, weighed down by losses in heavyweights. At 5 pm, the FBM KLCI stood at 1,767.38 points, after hovering between 1,764.63 and 1,787.64 throughout the day.
TOKYO: The new Malaysia Airlines (MAS) is expected to become a very important transit hub airline for the region, cutting on long-haul flights to the west and focusing more on regional medium routes.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) will be expanding to the downstream and onshore segments this year, given the more competitive environment in the global oil and gas industry amid the plunge in oil prices.
KUALA LUMPUR: Shares on Bursa Malaysia resumed the afternoon session easier, with the the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) down 19.89 points at 1,767.61 at 3.05 pm, weighed down by trade and services stocks.
KUALA LUMPUR: Khazanah Nasional Bhd, the sole shareholder of Malaysia Airlines (MAS), has appointed Datuk Mohammad Faiz Azmi as Administrator for the airline, effective today.
XI’AN (CHINA): Malaysian agro-based products including durian-based products are being featured in the fourth edition of the Malaysia-Xi’an Halal Week at Muslim Street here.
KUALA LUMPUR: MMC Corp Bhd, which doubled its net profit last year, is optimistic over maintaining the performance for the financial year ending Dec 31, 2015, driven by its three core businesses.
PUTRAJAYA: Malaysia and Slovak today signed a protocol agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, here.