KUALA LUMPUR: Thailand’s Mahaphant Group is studying the possibility of making Malaysia one of its manufacturing hubs with an investment of up to RM60 million within three to five years.
PRESTARIANG Bhd will embark on an investment drive over the next three years and work on a mid- to long-term business plan to ensure a recurring and sustainable income.
SHARES on Bursa Malaysia are expected to stabilise this week with a hint of a slight upbeat swing, despite the shortened trading week due to the Hari Raya holidays.
OVER the weekend, Malaysia Airlines (MAS) staff held multi-faith prayers for the passsengers and crew members of flight MH17.
PRESIDENT-elect Joko Widodo has ambitious plans to expand and improve the nation’s infrastructure.
JAKARTA: Indonesia’s state-owned construction companies struggled for growth during the first half of the year as political uncertainties led to lagging construction projects across the country.
KOPERASI Amanah Ikhtiar Malaysia Bhd (Koperasi Sahabat) is building its investment assets to improve its recurring income stream.
JAKARTA: Express Transindo Utama, Indonesia’s largest listed taxi operator, posted a 30 per cent increase in profit in the first six months of the year on the back of an expanded fleet.
KUALA TERENGGANU: Ketengah Holdings Sdn Bhd (KHSB) chalked up a lower pre-tax profit of RM45.34 million last year against RM62.18 million registered in 2012.
KUANTAN: Hybrid airline Malindo Air plans to add six more planes to its fleet of 15 aircraft by year-end to strengthen its operations.
PACIFIC Regency Hotel Group (PRHG) will invest in five-star and four-star express hotels and resorts in order to be a competitive hotel operator in the local market.
KUALA LUMPUR: Country Height Holdings Bhd’s tourism division Palace Vacation Club (PVC) has teamed up with Cherish-Yearn Co Ltd to improve aged care services in Asia.
KUALA LUMPUR: The Malaysian Takaful Association (MTA) member companies are considering waiving the standard claims requirement to speed up payments once the beneficiaries have been confirmed.
CONSOLIDATIONS on Bursa Malaysia set the overall market undertone for the major part of last week’s trading activities.
EVEN if data this week shows a mediocre rebound in United States economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.
BURSA Malaysia shares managed to bounce back from losses last week due to geopolitical tensions in the Middle East and Ukraine, assisted by regional strength after a surprisingly strong HSBC flash survey that showed China’s factory activity expanded at its fastest pace in 18 months in July.
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