Business

Averting price war

By OOI TEE - Monday, 1 September 2014.

WIN-WIN SITUATION: Malaysia’s palm oil tax gap must mirror that of Indonesia, says Poram chief

Latest

Iskandar Malaysia welcomes 5-year multiple entry visa ruling

By BEN TAN AND RIZALMAN HAMMIM - Tuesday, September 2, 2014 - 19:02

JOHOR BARU: Johor's Iskandar Malaysia economic growth region has welcomed the new five-year multiple entry visa ruling which will be enforced by year-end for business visitors, foreign fund managers and investors.

Rubber mart ends mixed

Tuesday, September 2, 2014 - 17:36

KUALA LUMPUR: The Malaysian rubber market ended mixed today amid negative sentiment as growth in China's vast factory sector slackened in August on slowing foreign and domestic demand, a dealer said.

Ringgit ends lower against US dollar

Tuesday, September 2, 2014 - 17:34

KUALA LUMPUR: The ringgit extended losses to the third consecutive trading day against the US dollar today, with the greenback becoming more attractive to investors, dealers said.

KL shares close lower

Tuesday, September 2, 2014 - 17:13

KUALA LUMPUR: Share prices on Bursa Malaysia closed lower today on lack of buying momentum.

Marks & Spencer to open 7th outlet in Malaysia

Tuesday, September 2, 2014 - 17:09

JOHOR BARU: UK-based retailer Marks & Spencer (M&S), is looking at opening at least one more outlet in Malaysia by the end of this year following encouraging demand from local consumers.

ViTrox to acquire land to support future growth

Tuesday, September 2, 2014 - 17:05

GEORGE TOWN, Penang: ViTrox Corp Bhd, one of the world's leading automated machine vision inspection solution providers, plans to acquire 8.1 hectares in Batu Kawan to support future growth.

EPF’s income up 13pc in Q2

Tuesday, September 2, 2014 - 17:01

KUALA LUMPUR: The Employees Provident Fund (EPF) has recorded a 13.47 per cent surge in investment income to RM10.40 billion for the second quarter ended June 31, 2014 compared with RM9.16 billion in the corresponding quarter last year.

Chevrolet aims to sell 2,400 units of Malibu LTZ

Tuesday, September 2, 2014 - 16:08

KUALA LUMPUR: NAZA Quest Sdn Bhd targets to sell 2,400 units of its brand new Chevrolet Malibu LTZ executive sedan in the next 12 months, driving on positive track record of the model regionally.

Toshiba bags EPC deal for Jimah power project

Tuesday, September 2, 2014 - 15:45

KUALA LUMPUR: A consortium comprising Toshiba Corp and international companies, has won an engineering, procurement and construction (EPC) contract for a 2,000 megawatt ultra-super-critical coal-fired power generation project in Jimah, Negeri Sembilan.

KL shares lower mid-afternoon

Tuesday, September 2, 2014 - 15:42

KUALA LUMPUR: Share prices on Bursa Malaysia were lower at mid-afternoon today on lack of buying momentum.

MIDA to review incentive policies

Tuesday, September 2, 2014 - 15:37

GEORGE TOWN, Penang: The Malaysian Investment Development Authority (MIDA) will continue to review its incentive policies to stay relevant, says chairman, Senator Tan Sri Amirsham Abdul Aziz.

Bank Muamalat to launch Islamic private banking

Tuesday, September 2, 2014 - 14:57

KUALA LUMPUR: Bank Muamalat Malaysia Bhd expects to launch Islamic Private Banking within a year to cater to the growing demand for the service.

AirAsia X appoints new CFO

Tuesday, September 2, 2014 - 14:53

KUALA LUMPUR: AirAsia X Bhd, the leading long-haul low-cost carrier, has appointed Chew Eng Loke as its chief financial officer (CFO) effective immediately.

HSBC survey: FTAs up businesses’ export growth

Tuesday, September 2, 2014 - 14:50

KUALA LUMPUR: Malaysian businesses leveraging on the free trade agreements (FTAs) have experienced moderate to significant export growth, according to a HSBC survey.

Enormous potential for Maybank to tap opportunities

Tuesday, September 2, 2014 - 14:46

KUALA LUMPUR: Maybank Group president and chief executive officer Datuk Abdul Farid Alias says there is still an enormous potential for the group to tap the latent business opportunities in the Asean region as part of its growth strategy.

MFPC gets nod for Shariah RFP programme

Tuesday, September 2, 2014 - 14:40

KUALA LUMPUR: The Malaysian Financial Planning Council (MFPC) has received the nod from the Securities Commission for recognition of its Shariah Registered Financial Planner (RFP) programme.