NICOSIA/FRANKFURT: The European Central Bank will launch into quantitative easing next week having increased its economic growth forecasts for this year and next.
KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) 1,071-megawatt (MW) power plant in Seberang Perai, Penang, currently the world’s largest and most efficient gas turbine plant utilising Siemens H-Class technology, is on track for commercial operation on Jan 1, 2016.
KUALA LUMPUR: With cyber threats a growing cause for regulatory concern given their evolving nature with diverse origins and motivations, the Securities Commission Malaysia (SC) has begun examinations of security preparedness among intermediaries.
KUALA LUMPUR: Bank Simpanan Nasional (BSN) is confident its newly-established Auto Finance Centre (AFC) will contribute up to 10 per cent of the bank’s total income within three years.
LANGKAWI: The federal government has allocated about RM124 million for works to increase communication coverage in Langkawi, said Deputy Communications and Multimedia Minister Datuk Johari Jailani here today.
KUALA LUMPUR: Standard & Poor's Ratings Services has assigned its preliminary 'A-' issue rating to the proposed US-dollar-denominated Wakala trust certificates to be issued by Petronas Global Sukuk Ltd.
KUALA LUMPUR: Postal services provider, Pos Malaysia Bhd’s five-year transformation plan is bearing fruit, with a substantial increase in the company’s revenue to RM1.3 billion for financial year 2013 from RM800 million in 2012.
KUALA LUMPUR: Bank Negara Malaysia left borrowing costs unchanged, saying the Overnight Policy Rate at 3.25 per cent is supportive of economic activity.
KUALA LUMPUR: At 5.00 p.m. today, there were 288 gainers, 557 losers and 291 counters traded unchanged on the Bursa Malaysia.
KUALA LUMPUR: Moody's Investors Service has assigned a provisional (P)A1 rating to the US$15 billion medium-term note (MTN) programme to be issued by PETRONAS Capital Ltd and guaranteed by Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR: Maybank is committed to see further growth in retail small and medium enterprise (SME) financing in 2015 after recording a strong 43 per cent rise to RM7.5 billion in 2014.
KUALA LUMPUR: Share prices on Bursa Malaysia remained in the red mid-afternoon on continued profit-taking in most heavyweights, dealers said.
SINGAPORE: Oil prices climbed in Asian trade Thursday as signs that a refineries strike in the United States is weakening, overshadowing a rise in US crude stocks, analysts said.
JOHOR BAHARU: A total of 219 companies and traders have been slapped with compounds totalling RM3.28 million for failing to register for the Goods and Services (GST) before the deadline on Feb. 28.
KUALA LUMPUR: Bina Puri Holdings Bhd, the country’s integrated civil and building construction services provider, has secured a RM128.5 million contract to construct a spa resort complex in Chendering Beach, Kuala Terengganu.