Education plays crucial role in enabling Msian children be financially better off than parents

By FRANCIS DASS - Friday, 28 October 2016.

KUALA LUMPUR: Education plays a big role in enabling Malaysian children to be better off than their parents economically, creating a highly mobile society.


Tony Fernandes named CAPA 'Airline CEO of the Year'

By B. SURESH RAM - Friday, October 28, 2016 - 11:15

AMSTERDAM: AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes has been named Airline CEO of the Year at the 2016 CAPA Aviation Awards for Excellence.

Ensuring all will benefit from economic pie [VIDEO]

Friday, October 28, 2016 - 11:04

IN the second part of Business Times’s post-2017 Budget roundtable dialogue moderated by New Straits Times Press Bhd group managing editor Datuk A Jalil Hamid, the panellists — Institute of Strategic and International Studies Malaysia deputy chief executive Datuk Steven Wong, MIDF Amanah Inv

'BR1M a short-term solution'

Friday, October 28, 2016 - 11:03

KUALA LUMPUR: The 1Malaysia People’s Aid scheme (BR1M) needs to incorporate elements that can help recipients eventually “graduate” from needing such cash assistance, said economists and industry experts.

TNB full-year profit surges to RM7.32b

By AMIR HISYAM RASID - Friday, October 28, 2016 - 11:02

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) net profit soared to RM7.32 billion for the financial year ended August 31, fuelled by higher electricity demand.

Petronas decision on Rapid deal with Aramco in Dec?

Friday, October 28, 2016 - 11:00

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is said to be making a final investment decision in December to partner with Saudi Arabian Oil Co (Saudi Aramco) by offering a 50 per cent stake in its refinery and petrochemical integrated development project (Rapid) in Johor.

Ringgit opens at 4.19 against USD

By Bernama - Friday, October 28, 2016 - 09:44

KUALA LUMPUR: The ringgit opened lower against the US dollar today on negative sentiment brought on by the weak oil prices and growing expectation of interest rate hike by the US Federal Reserve (Fed), a dealer said.

Opec's decision to cut output not what the market needs: Hochstein

By RUPA DAMODARAN - Thursday, October 27, 2016 - 23:48

KUALA LUMPUR: OPEC's decision to cut or freeze production has only affected market sentiments more than checking the global supply and demand of oil says US's top energy diplomat.

Google launches website testing tool

By Aiman Maulana - Thursday, October 27, 2016 - 16:54

KUALA LUMPUR: Google Malaysia has announced a new resource for small and medium enterprises (SMEs), as well as marketers and regular consumers to measure a website’s performance based on a number of criteria, including desktop and mobile browsing.

China courier ZTO delivers year's biggest US IPO after raising US$1.4bil

By Reuters - Thursday, October 27, 2016 - 12:20

NEW YORK: Chinese package delivery company ZTO Express said it raised US$1.4 billion in the biggest US initial public offering of the year on Wednesday as its backers cashed in on China’s booming online-shopping industry.

Malaysia in World Bank's Top 25 ranking

Thursday, October 27, 2016 - 11:01

KUALA LUMPUR: Malaysia remains in top 25, out of 190 countries, in the latest World Bank’s ease of doing business ranking.

'Pick-up in Q2 set to boost GDP growth target' [VIDEO]

Thursday, October 27, 2016 - 11:01

IN Business Times’ post-2017 Budget roundtable moderated by New Straits Times Press Bhd group managing director Datuk A Jalil Hamid, the panellists — Isis Malaysia deputy chief executive Datuk Steven Wong, MIDF Amanah Investment Bank Bhd chief economist Dr Kamaruddin Mohd Nor, Malaysian Ins

Ringgit opens lower in early trade

By Bernama - Thursday, October 27, 2016 - 09:39

KUALA LUMPUR: The ringgit opened lower against the US dollar today as the greenback firmed on an increase in sentiment over a possible interest rates hike by the Federal Reserve (Fed), a dealer said.

To applause and boos, Kerry urges Congress to ratify Pacific trade pact

By Reuters - Thursday, October 27, 2016 - 09:20

CHICAGO: Failure to approve the Trans-Pacific Partnership trade deal would be a major setback for US interests in Asia as Washington seeks to deepen alliances in the region, Secretary of State John Kerry said on Wednesday, urging Congress to ratify the pact.

Malaysia gets 'perfect score' in World Bank report

By FRANCIS DASS - Wednesday, October 26, 2016 - 11:25

KUALA LUMPUR: The World Bank announced that Malaysia has attained a perfect score on the depth of credit information index of the global development financial institution's Doing Business report.

Fitch: Malaysia's firm growth supports credit rating

By RUPA DAMODARAN - Wednesday, October 26, 2016 - 11:00

KUALA LUMPUR: Malaysia’s “reasonably strong” gross domestic product (GDP) growth has remained its sovereign credit rating strength despite the impact of weaker external demand, says Fitch Ratings.

Ringgit opens higher in early trade

By Bernama - Wednesday, October 26, 2016 - 09:47

KUALA LUMPUR: The ringgit opened higher against the US dollar today.

Nissan hiring 300 to develop common connected car technology

By AP - Wednesday, October 26, 2016 - 08:15

YOKOHAMA: The top executive overseeing connected vehicles at Nissan and Renault believes the benefits of developing a common technology for connectivity within the Japanese and French auto partnership outweigh the risks of sustaining huge damage from a possible defect or cyberattack.

Challenging times but we will give our best to investors, says PNB

By ZAIDI ISHAM ISMAIL - Tuesday, October 25, 2016 - 18:46

SEREMBAN: Amid the current challenging economic conditions, Permodalan Nasional Bhd (PNB) said it will continue to give the best returns to its 12.5 million investors.

2017 Budget extends consolidation: Moody's

By Business Times - Tuesday, October 25, 2016 - 16:53

KUALA LUMPUR: Malaysia’s budgetary discipline is positive for the country’s credit profile, says Moody’s.

Aviation safety conference in KL opens with call for cooperation between industry, governments

By BILQIS BAHARI - Tuesday, October 25, 2016 - 14:18

KUALA LUMPUR: The International Air Transport Association (IATA) has called on members of the aviation industry and governments to work together to tackle pressing security challenges.

TM: Broadband plans in line with govt target

By Business Times - Tuesday, October 25, 2016 - 11:10

KUALA LUMPUR: THE government’s plan to have fixed-line broadband services cost for consumers to be halved in two years is in line with Telekom Malaysia Bhd’s (TM) future business plans, said TM group chief executive officer Tan Sri Zamzamzairani Mohd Isa.

UniFi to double speed at same price starting Jan 1

By Business Times - Tuesday, October 25, 2016 - 11:00

KUALA LUMPUR: KUALA LUMPUR: Starting January next year, UniFi home customers can expect their broadband speed to be upgraded while paying the same price.

Ringgit lower in early trade against greenback

By Bernama - Tuesday, October 25, 2016 - 10:00

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today.

Twitter plans to cut about 300 jobs

By Reuters - Tuesday, October 25, 2016 - 09:20

Twitter Inc may cut 8 percent of its workforce or about 300 people, Bloomberg said on Monday, citing people familiar with the matter.

Govt's move to narrow fiscal deficit strengthens long-term economic position, says UKM's VC

By OOI TEE CHING - Monday, October 24, 2016 - 22:47

BANGI: Universiti Kebangsaan Malaysia (UKM) acknowledges the government’s tremendous fiscal restraint in narrowing the budget deficit to ensure that the country would achieve a balanced budget by 2020, said vice chancellor Prof Datuk Dr Noor Azlan Ghazali.

TM geared up to meet 2017 Budget's aim of higher internet speed at the same price

By FRANCIS DASS - Monday, October 24, 2016 - 16:36

KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak's 2017 Budget announcement that fixed line broadband service providers will offer services at higher speeds for the same price, is in line with Telekom Malaysia Bhd's business plans going forward.

Credit Suisse: Economy to be propped by monetary policy next year

By RUPA DAMODARAN - Monday, October 24, 2016 - 16:25

KUALA LUMPUR: Credit Suisse expects the Malaysian economy to grow by 4.5 per cent next year, with growth supported by monetary policy rather than fiscal policy.

Flexibility, creativity vital to stay ahead of game

Monday, October 24, 2016 - 11:03

EXCERPTS from a group interview with Genting Hong Kong chairman and chief executive officer Tan Sri Lim Kok Thay.

Genting Highlands expansion won't involve casino space

Monday, October 24, 2016 - 11:02

GENTING Malaysia Bhd’s RM10 billion tourism plan for its iconic highlands resort will not involve any space expansion for casino operations, said chairman and chief executive Tan Sri Lim Kok Thay.

Lim's sons next in line to grow business across Asia

Monday, October 24, 2016 - 11:00

FAMILY ties are important for Tan Sri Lim Kok Thay, who took over the helm of Genting Group following the death of his father and company founder Tan Sri Lim Goh Tong in 2007.