Business

Higher growth forecast

By JASPAL - Sunday, 21 September 2014.

MALAYSIA has revised upwards its forecast for this year’s growth to between 5.5 and 6.0 per cent, following impressive growth in the first half of the year.

Latest

MCMC bullish on RM600m content exports

Sunday, September 21, 2014 - 23:41

KUALA LUMPUR: Malaysian Communications and Multimedia Commission (MCMC) is confident of achieving its target of RM600 million in content exports by year-end.

TDM plans RM400m capex

By ZAIDI ISHAM ISMAILKUALA - Sunday, September 21, 2014 - 23:27

TDM Bhd, one of Malaysia’s smallest plantations and healthcare group, is going all out to ramp up the productivity of its oil palm trees and boost its medical segment by allocating an estimated capital expenditure of RM400 million next year.

Anxiety-packed week

Sunday, September 21, 2014 - 23:27

GET ready for a busy week in the market, blasted the international business TV channels early last week. They left out the words “eventful” and “lively”.

Select blue chips to drive momentum

Sunday, September 21, 2014 - 23:26

BURSA Malaysia is expected to gain momentum this week, driven by select blue chips as investor sentiment edged up after Bank Negara Malaysia maintained the Overnight Policy Rate at 3.25 per cent.

‘Allow ECF operator to invest in shares of issuer’

By FOO EU JIN KUALA - Sunday, September 21, 2014 - 23:25

THE Malaysian equity crowdfunding (ECF) operators should be allowed to invest in the shares of the issuer hosted on its ECF platform.

WHB bullish on Ametis

Sunday, September 21, 2014 - 23:24

SHAH ALAM: Worldwide Holdings Bhd (WHB) is confident that its latest high-end project, Ametis in Bandar Pinggiran Subang here, will be fully sold by year-end despite signs of a soft property market.

‘Fed rate rise may curb Asia’s growth’

Sunday, September 21, 2014 - 23:18

ASIA’S developing nations may have to sacrifice some growth next year and focus on keeping their economies stable amid a potential fallout from higher United States interest rates, said Indonesian Finance Minister Chatib Basri.

Defection blow to Nissan succession plan

Sunday, September 21, 2014 - 23:18

TOKYO: A string of defections by top Nissan executives is reigniting longstanding questions about who will succeed chief executive Carlos Ghosn, the man widely credited with reinventing Japan’s number-two carmaker.

Telkom to buy Aussie call centre

Sunday, September 21, 2014 - 23:17

TELEKOMUNIKASI Indonesia (Telkom), Indonesia’s largest telcommunications company, will acquire Contact Centres Australia, a call centre operator, through its subsidiary Telekomunikasi Indonesia International (Telin), as part of its overseas expansion efforts.

Thailand to remain top automotive hub

Sunday, September 21, 2014 - 23:16

JAKARTA: As car sales growth in Indonesia remains flat this year, the country’s chance to overtake Thailand as the biggest automotive hub in the region may narrow, said executives from Indonesia’s automotive companies.

Cattle imports raised

Sunday, September 21, 2014 - 23:15

JAKARTA:  Indonesia will increase the amount of cattle that it imports from Australia in the fourth quarter in order to build up stocks for the first quarter of next year, as it braces for a demand surge from other cattle-importing countries in the near future, said a Trade Ministry official.

V.S. Industry poised to stage re-challenge of resistance zone

Sunday, September 21, 2014 - 23:13

TECHNICAL pullbacks dominated the major part of last week’s trading activities on Bursa Malaysia.

Strong dollar bad news for MNCs

Sunday, September 21, 2014 - 23:12

THE asset with the greatest prowess of late has been the US dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies.

Trading momentum likely to pick up

Sunday, September 21, 2014 - 23:11

DESPITE most investors staying on the sidelines due to Malaysia Day and the school holidays, Bursa Malaysia shares bounced back from a six-month low last Friday.

CAEXPO boon for local firms

By LIM YEH - Sunday, September 21, 2014 - 23:10

The recently concluded 11th China-Asean Expo 2014 (CAEXPO 2014) saw Malaysian exhibitors recording RM168.57 million in sales, with the biggest contribution coming from the services sector.

Sumitomo acquires controlling interest in Union Harvest

Sunday, September 21, 2014 - 23:09

KUALA LUMPUR: Sumitomo Corp Group has increased its equity in Union Harvest (M) Sdn Bhd (UHM), a fertiliser manufacturer and distributor, to 60 per cent and, hence, acquired a controlling interest in the company.