Nation

Axiata Group reports RM309.4m loss in Q42016

By FRANCIS DASS - Thursday, 23 February 2017.

KUALA LUMPUR: Axiata Group Bhd reported a RM309.4 million loss in the final quarter of 2016, in contrast to a net profit of RM467.2 million that the company reported in 4Q2015.

Maybank maintains cautious approach in 2017, but remains confident

By LIDIANA ROSLI - Thursday, 23 February 2017.

KUALA LUMPUR: Malaysia's largest banking group by assets, Maybank Group, reports a slight decrease in its 2016 net profit to RM6.74 billion, from RM6.84 billion the year before.

Winners of JDP contract for KL-Singapore HSR project announced

By BT ONLINE - Thursday, 16 February 2017.

KUALA LUMPUR: MyHSR Corp Sdn Bhd and the Land Transport Authority (LTA) of Singapore have awarded the Joint Development Partner (JDP) contract for the Kuala Lumpur-Singapore high speed rail (HSR) project to the consortium of WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd and Ernst

Pulau Batu Puteh: AG expresss confidence in ability of Malaysia's legal team

By FAIRUZ MOHD SHAHAR - Thursday, 16 February 2017.

PUTRAJAYA: A legal team of six people, including foreign experts, has been formed to fight Malaysia's case in the Pulau Batu Puteh issue at the International Court of Justice (ICJ).

I-Berhad records stellar results in fiscal year 2016

By SHAREN KAUR - Thursday, 16 February 2017.

KUALA LUMPUR: I-Berhad, which is developing the RM9 billion i-City project in Shah Alam, Selangor posted a pre-tax profit of RM88.2 million for the financial year just ended 31 December 2016, representing 61.9 percent growth over the previous year.

Agrobank here to stay, says CEO Wan Mohd Fadzmi

By LIDIANA ROSLI - Thursday, 16 February 2017.

THIS is an excerpt of an exclusive interview with Agrobank president and chief executive officer Datuk Wan Mohd Fadzmi Wan Othman.

Economy grew by 4.5pct in Q4 and 4.2pct in 2016, says BNM

By RUPA DAMODARAN - Thursday, 16 February 2017.

KUALA LUMPUR: The Malaysian economy expanded by 4.5 per cent in the fourth quarter of 2016, led by private sector activities.

RAM Ratings: Malaysia's GDP growth forecast at 4.5pct for 2017

By Bernama - Wednesday, 15 February 2017.

KUALA LUMPUR: RAM Rating Services Bhd has forecast gross domestic product (GDP) growth of 4.5 per cent for Malaysia this year, thus representing a "delicate recovery".

Challenges predicted for Malaysia this year given US' protectionist policies

By RUPA DAMODARAN - Wednesday, 15 February 2017.

KUALA LUMPUR: Growth of trade dependent economies like Malaysia will be impacted this year by the potential protectionist US policies and the economic stability of the EU, says UOB Bank.

Ringgit opens unchanged versus greenback

By Bernama - Wednesday, 15 February 2017.

KUALA LUMPUR: The ringgit opened unchanged against the US dollar, prompted by demand for the local currency although traders were adopting a cautious mode, a dealer said.

Palm oil: Benefits extend globally

By NST Business - Tuesday, 14 February 2017.

THE annual 50 million tonnes of palm oil trade contributes some US$39 billion (RM172 billion) to gross domestic product (GDP) of the global economy, says Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.

Malaysia's trade totals more than RM1 trillion in 2016 for 10th year: Mustapa

By RUPA DAMODARAN - Wednesday, 8 February 2017.

KUALA LUMPUR: Despite external uncertainties, Malaysia's trade remained resilient for 2016 with a total of RM1.485 trillion.

Construction stocks edge up, growth sustained by mega infrastructure projects

By FRANCIS DASS - Tuesday, 7 February 2017.

KUALA LUMPUR: CONSTRUCTION stocks were in focus on the local bourse yesterday, as investors returning from the Chinese New Year break bet on the sector’s bright prospects given major infrastructure projects in the pipeline.

Tok Bali - Kelantan's new growth area for investment

By NST Business - Tuesday, 7 February 2017.

THE development of the Tok Bali Industrial Park (TBIP), a new industrial centre, is expected to transform Tok Bali as Kelantan’s new growth area for investment.

'Malaysia has capacity to absorb foreign selloffs'

By RUPA DAMODARAN - Saturday, 4 February 2017.

KUALA LUMPUR: FOREIGN holdings of Malaysian bonds, particularly Malaysian government papers, which have risen to significant levels in recent times, are likely to pose a liquidity risk this year.

M'sia to see slowdown in consumption growth, reasons include 'soggy' ringgit, debt overhang: Economist

By RUPA DAMODARAN - Thursday, 2 February 2017.

KUALA LUMPUR: Slower consumption growth in both Thailand and Malaysia are likely to cause some drag on the regional domestic demand outlook for 2017.

Major reshuffling at Proton amid reports of China tie-up

By NST Business - Thursday, 2 February 2017.

KUALA LUMPUR: There has been some high profile reshuffling at Proton Holdings Bhd, amid reports that a Chinese carmaker is edging closer towards becoming its foreign partner.

Sime Darby may raise RM27 billion from unit listings

By AMIR HISYAM RASID - Saturday, 28 January 2017.

KUALA LUMPUR: Sime Darby Bhd could raise more than RM27 billion from the listings of its plantation and property companies while maintaining controlling stakes in them, analysts estimate.

M'sians to spend 9 per cent more this CNY compared to 2016: UOB Bank

By Business Times - Friday, 27 January 2017.

KUALA LUMPUR: Malaysians are planning to spend nine per cent more this year on Lunar New Year festivities, according to United Overseas Bank (Malaysia) Bhd (UOB Malaysia).

China offers anchor of stability, growth in uncertain world - Premier Li

By Reuters - Thursday, 26 January 2017.

BEIJING: China offers “an anchor of stability and growth” in an uncertain world with its support for reform, openness and free trade, Premier Li Keqiang wrote in an article in Bloomberg Businessweek published on Thursday.

Daiwa: Eagle High to land high profits

By A. Jalil Hamid - Sunday, 22 January 2017.

KUALA LUMPUR: FELDA’S latest acquisition, Indonesian planter PT Eagle High Plantations, is set to turn around in 2017 and chalk up high profits going forward, a major research house said.

RHB Securities: Eagle High earnings to rebound

By NST - Sunday, 22 January 2017.

KUALA LUMPUR: PT Eagle High Plantations’ potential earnings rise and Felda’s acquisition could be a catalyst for unlocking the Indonesian firm’s share price, said PT RHB Securities Indonesia.

Ringgit opens higher against US dollar

By Bernama - Wednesday, 18 January 2017.

KUALA LUMPUR: The ringgit continued its upward momentum from yesterday’s close to open higher against the US dollar on Wednesday as more investors shifted interest towards emerging currencies, dealers said.

Perodua records all-time high market share in 2016

By ZARINA ZAKARIAH - Tuesday, 17 January 2017.

KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) recorded an all-time high market share of 35.7 per cent in 2016 despite a lower sales volume of 207,100 units compared to 213,000 units in 2015.

Going global: RM100 million fund for biotech companies

By Veena Babulal - Sunday, 15 January 2017.

KUALA LUMPUR: A RM100 million fund for biotechnology companies to take their businesses global has been launched at Bank Negara Malaysia’s (BNM) Karnival Kewangan here yesterday.

Margma plans to take up Mida's DISF grant offer

By OOI TEE CHING - Saturday, 14 January 2017.

KUALA LUMPUR: The medical device sector has responded well to Malaysian Investment Development Authority’s (Mida) call to apply for grants under the Domestic Investment Strategic Fund (DISF).

Khazanah Nasional's pre-tax profit rose 32 per cent in 2016

By CHERYL YVONNE ACHU - Friday, 13 January 2017.

KUALA LUMPUR: Khazanah Nasional Bhd's unaudited pre-tax profit rose 32 per cent to RM1.56 billion last year, from RM1.18 billion in 2015.

Petronas to rein in 2017 capex?

By ZARINA ZAKARIAH  - Thursday, 12 January 2017.

KUALA LUMPUR: NATIONAL oil firm Petroliam Nasional Bhd (Petronas) is expected to rein in capital expenditure (capex) this year.

Paramount gets 66pct stake in REAL Education group for RM183mln

By FRANCIS DASS - Wednesday, 11 January 2017.

KUALA LUMPUR: Property and education player, Paramount Corporation Bhd entered into an agreement to acquire a 66 per cent stake in REAL Education Group from Character First Sdn Bhd for RM183 million.

Ringgit can rebound from 18-year low, say economists

By AMIR HISYAM RASID and FARAH ADILLA - Saturday, 7 January 2017.

KUALA LUMPUR: THE ringgit can rebound from its current low when there is more positive development in the external sector, said economists.