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.
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.
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).
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.
KUALA LUMPUR: NATIONAL oil firm Petroliam Nasional Bhd (Petronas) is expected to rein in capital expenditure (capex) this year.
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.
KUALA LUMPUR: THE ringgit can rebound from its current low when there is more positive development in the external sector, said economists.
KUALA LUMPUR: Exports in Malaysia jumped by an annualized 7.8 per cent in Nov, the highest monthly exports growth recorded in 2016.
KUALA LUMPUR: The Trans Pacific Partnership agreement is a “low hanging fruit” which can stimulate the global economy, and it pays for the United States to participate in it, says senior trade economist Dr Douglas Lippoldt of HSBC Bank plc.
PUTRAJAYA: Negative perceptions are putting blinders on the fact that Malaysia's economy is healthy and sustainable to weather the global economic uncertainty.
KUALA LUMPUR: ZTE Malaysia is targeting RM600 million in revenue annually starting this year from its venture into Malaysia’s digital economy.
KUALA LUMPUR: THE local stock exchange was tipped for a brighter 2016 but, due to global uncertainties, it lost steam to end the year more than 50 points, or 3.56 per cent, off the 2015 mark.
KUALA LUMPUR: Hap Seng Consolidated Bhd is the Bursa Malaysia benchmark index’s best performing stock this year with a total return of 36.73 per cent, while Axiata Group Bhd is the worst performer.
THE telecommunications sector’s four biggest stocks have outstripped Bursa Malaysia’s benchmark FBM KLCI in terms of price-earnings (PE) ratio and dividend yield.
KUALA LUMPUR: FELDA’S acquisition of a non-controlling 37 per cent stake in Indonesia’s PT Eagle High Plantation Tbk is strategically designed to allow Malaysia and Indonesia work closely towards establishing the Council of Palm Oil Producing Countries (CPOPC), said a source.
KUALA LUMPUR: FEDERAL Land Development Authority (Felda) is believed to have concluded the stake purchase in PT Eagle High Plantations Tbk for around US$500 million (RM2.2 billion).
KUALA LUMPUR: Local plantation companies and smallholders are likely to see further gain from the expected continued increase in crude palm oil (CPO) prices due to a potential limited supply until March next year and stable demand from China ahead of Chinese New Year.
KUALA LUMPUR: CONSOLIDATION may be on the cards for UMW Oil & Gas, following the recent uptrend in crude oil prices.
KUALA LUMPUR: PETROLIAM Nasional Bhd (Petronas) has signed a Memorandum of Understanding (MoU) with National Iranian Oil Company (NIOC) to collaborate in a field study in South Azadegan and Cheshmeh Khosh.
KUALA LUMPUR: MALAYSIA would miss its export growth target this year but will likely see a slight improvement next year on the back of a pick-up in the global economy, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
KUALA LUMPUR: Malaysia, with its relatively high government debt burden, has modest room for fiscal expansion to support growth and boost social and infrastructure spending in 2017, says Fitch Ratings.
KUALA LUMPUR: The International Monetary Fund (IMF) has warned Malaysia to watch out for spill-over risks from global financial stresses due to the country’s high public sector and household debt levels.
KUALA LUMPUR: TENAGA Nasional Bhd (TNB), a favourite stock among analysts, is reshaping itself under its Strategic Plan 2015-2025 in a bid to become one of the world’s top 10 utility companies by market capitalisation.
KUALA LUMPUR: AFTER close to five years, and from the planning to construction stages, the wait is finally over. The first phase of the Mass Rapid Transit (MRT) Sungai Buloh-Kajang (SBK) Line will open to the public on Friday.
KUALA LUMPUR: Malaysia Venture Capital Management Bhd (MAVCAP) today signed two Memoranda of Understanding (MoUs) with venture capital (VC) firms Gobi Partners and Elixir Capital.
PETALING JAYA: Corporate Guarantee Corporation Malaysia Bhd (CGC) expects to see its direct lending fund of RM100 million grow by at least 30 per cent in 2017.
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) think-tank has maintained its 4.2 per cent growth outlook for Malaysia this year.
ISKANDAR PUTERI : Prime Minister Datuk Seri Najib Razak today witnessed the signing of agreements between Country Garden Pacificview Sdn Bhd (CGPV) with 36 strategic partners for developments in Forest City.
KUALA LUMPUR: Malaysia External Trade Development Corporation (Matrade) has proposed a roundtable discussion next week between Malaysian exporters and Bank Negara Malaysia to get more clarity on BNM's recently announced measures to enhance liquidity of the foreign exchange (FX) market which came int
KUALA LUMPUR: OIL palm planters can look forward to encouraging palm oil pricing on the back of a strong US dollar and limited supply of the oil as palm trees are still recovering from the El Nino weather phenomenon.
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