KUALA LUMPUR: MRCB George Kent Sdn Bhd will start awarding some 65 packages worth up to RM9 billion for the Light Rail Transit 3 (LRT3) project from early next year, say sources.
KUALA LUMPUR: Property buyers should hold off on purchases until at least next year to enjoy lower prices as cooling measures implemented by Bank Negara Malaysia set in.
KUALA LUMPUR: Reliance Pacific Bhd (Reliance), a company engaged in hotel, property and tourism businesses, said its fiscal 2016/17 will improve partly driven by the launch of its Admiral Hill hotel project.
SHANGHAI: US giant Boeing has signed deals with Chinese firms to sell 300 aircraft and open a completion centre in the Asian giant, China’s official Xinhua news agency reported, as President Xi Jinping began his first state visit to the United States.
KUALA LUMPUR: The Asian Development Bank has maintained its 4.7 per cent growth outlook for Malaysia this year but expects the economy to moderate slightly next year.
KUALA LUMPUR: Malaysia needs a more structured and modernised construction industry before it produces a 'homeless generation' in future, says National House Buyers Association.
KUALA LUMPUR: The Consumer Price Index accelerated to record a 3.1 per cent growth in August compared to a year ago.
KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) is no longer listed on the Dow Jones Islamic Market Malaysia Titans 25 Index.
KUALA LUMPUR: Bursa Malaysia opened lower today on weaker demand as trading sentiment remained cautious ahead of the release of China’s Caixin purchasing managers’ index (PMI) for September today.
KUALA LUMPUR: ECO World Development Group Bhd is buying 889.5ha in the northwestern Klang Valley corridor for RM1.9 billion to develop three property projects worth an estimated RM15 billion in gross development value.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives were untraded as at 10am today.
KUALA LUMPUR: The ringgit failed to arrest its continuing decline against the US dollar at the opening today, a dealer said.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) spent about RM500 million on talent management as well as on leadership training and competency building across its 51,000 employees last year.
KUALA LUMPUR: Malaysia’s international reserves rose in the first two weeks of September in a welcome boost to the country’s weakened external position, indicating the central bank may have eased off slightly from defending an embattled ringgit currency.
KUALA LUMPUR: Alliance Financial Group Bhd’s (AFG) wholly-owned subsidiary, Alliance Bank Malaysia Bhd (Alliance Bank), has announced the establishment of three separate programmes, namely senior medium term notes, subordinated medium term notes and commercial papers programme.
KUALA LUMPUR: Eco World Development Group Bhd is acquiring approximately 880 hectares of leasehold land in Ijok, Kuala Selangor for RM1.18 billion cash.
KUALA LUMPUR: Bursa Malaysia ended slightly lower today due to losses in selected heavyweights.
KUALA LUMPUR: Ringgit ended lower today on broad US dollar strength as players still placed odds of a US Federal Reserve (Fed) rate hike this year on the table.
SINGAPORE: Asian shares rose on Tuesday and the dollar held steady as U.S. markets bounced back and the European Central Bank said it was prepared to ease monetary policy further.
KUALA LUMPUR: CRADLE Fund Sdn Bhd, an agency under the Finance Ministry, has raised a total of RM107.2 million for its co-investment fund following the inclusion of four more partners.
SINGAPORE: Crude oil prices fell in early Asian trading as traders took profit following a 4 percent rise in the previous session.
NANNING: The just-concluded 12th China-Asean Expo (Caexpo) 2015 has witnessed the completion of a significant number of investment cooperation projects between China and Asean member countries.
NANNING: Malaysian companies, which participated in the 12th China-Asean Expo (Caexpo) 2015 secured RM214.60 million in actual and potential sales.
KUALA LUMPUR: Malaysia's policy measures to strengthen the economy have received endorsement from the three international rating agencies Moody's, Fitch Ratings, and Standard sand Poor's.
KUALA LUMPUR: The debt-ridden 1Malaysia Development Bhd (1MDB) has not created a confidence crisis but it needs closure quickly and be placed behind Malaysians.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has launched the land sale tender process for the company's land parcel in Pulau Indah.
KUALA LUMPUR: SCIENTEX Bhd’s expansion drive to bolster its consumer packaging segment is on track for completion next year as part of its plan to tap lucrative growth opportunities in the Asia Pacific.
KUALA LUMPUR: Malaysia’s inflation may have eased slightly in August to 2.9 per cent year-on-year from 3.3 per cent in July, Standard Chartered Bank Research said today.
KUALA LUMPUR: Bursa Malaysia opened lower today on weaker buying sentiment across-the-board on lack of fresh catalysts in the local market. At 9.21 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 13.65 points lower at 1,655.8 after opening 7.91 points easier at 1,661.54.
KUALA LUMPUR: Short-term interbank rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) intervention to absorb excess liquidity from the financial system.
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