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Markets

KL shares bullish at midday

Share prices on Bursa Malaysia sustained the positive momentum at midday today, in tandem with overnight gains on Wall Street, dealers said. The dealers also said persistent buying…

November 8, 2011 / No Comment / Read More

Nestle declines on lower Q3 net profit

Nestle (Malaysia) Bhd, the local unit of the world’s biggest food company, fell the most in almost a week in Kuala Lumpur trading after reporting third- quarter net…

November 8, 2011 / No Comment / Read More

Harvest Court hits 9-year high

Harvest Court Industries Bhd, a Malaysian timber company and manufacturer, rose to the highest in more than nine years in Kuala Lumpur trading even after issuing a statement…

November 8, 2011 / No Comment / Read More
Industries

Amadeus helps airlines keep up with new trends

If low-cost carriers changed the aviation scene some six years ago, consumers are now dictating…

November 8, 2011 / No Comment / Read More

DiGi teams up with Talk Focus to offer ‘Tron’

Malaysian telecommunications company Talk Focus Sdn Bhd signed a partnership agreement with DiGi Telecommunications (DiGi)…

November 8, 2011 / No Comment / Read More

AirAsia advances on warrants nod

AirAsia, Asia’s biggest budget carrier, rose 1.3 per cent to RM3.85. AirAsia won approval to…

November 8, 2011 / No Comment / Read More

Battle for market share between GAB and Carlsberg

IN an industry that is dominated by two players Carlsberg Brewery Malaysia Bhdand Guinness Anchor Bhd (GAB) one…

November 7, 2011 / No Comment / Read More

Tenaga faces cash shortage

High cost of alternative fuels draining utility’s money The situation confronting the power sector is…

November 7, 2011 / No Comment / Read More
Banking-Finance

A pause for consolidation

Blue chips such as CIMB and RHB Capital are quite attractive to accumulate at current prices for decent upside potential by year-end, says a head of research The…

November 7, 2011 / No Comment / Read More

Ringgit slips against dollar

RINGGIT THE ringgit closed lower against the US dollar yesterday as investors become risk-averse following chaos in the attempts to resolve Greece’s debt crisis. The market was concerned…

November 4, 2011 / No Comment / Read More

Bullish Guinness Anchor toasts ‘great start’

Guinness Anchor Bhd (GAB) is bullish that its key products will gain market share this financial year, despite the global economic uncertainties that may hurt the entire industry.…

November 4, 2011 / No Comment / Read More

Ringgit gains on strong export growth

Malaysia’s ringgit strengthened for the first time in five days after the government reported export growth that beat economists’ forecasts. Emerging-market currencies and shares advanced across Asia after…

November 4, 2011 / No Comment / Read More

Everlast to dispose of land for RM11m

Everlast Aluminium (M) Sdn Bhd’s wholly-owned subsidiary, Everlast Environmental Management Sdn Bhd (EEM) has proposed to dispose of a piece of land in Klang, Selangor, for RM11 million…

November 4, 2011 / No Comment / Read More

Melati Ehsan arm accepts RM298m jobs

Melati Ehsan Holdings Bhd’s wholly-owned subsidiary, Pembinaan Kery Sdn Bhd, has accepted two contracts from the Housing and Local Government Ministry to undertake two housing projects worth a…

November 4, 2011 / No Comment / Read More

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    • Real Estate

    Demand for luxury residential properties expected to turn cautious

    Demand for luxury residential properties is expected to turn cautious, given greater economic uncertainties and a tightening of credit by banks,…

    November 7, 2011 / No Comment / Read More

    Sunway, Sime not in talks on Iskandar job

    Sunway Bhd today said it is not involved in any discussion with conglomerate Sime Darby Bhd to jointly develop townships in…

    November 4, 2011 / No Comment / Read More

    Kimlun to buy land in Seremban

    KIMLUN Corp Bhd says it plans to buy nine parcels of freehold agriculture land in Seremban, Negeri Sembilan, for RM27.36 million.…

    November 3, 2011 / No Comment / Read More

    Lend Lease Projects to focus on end-to-end property solutions

    Project management company WTW Bovis and Bovis Lend Lease has been rebranded as Lend Lease Projects. All businesses in the Lend…

    November 2, 2011 / No Comment / Read More

    Johor Premium Outlets grand opening on Dec 11

    Johor Premium Outlets (JPO), a shopping haven joint-venture project between Genting Bhd and Simon Property Group, is scheduled for a grand…

    November 2, 2011 / No Comment / Read More

    CI Holdings on the prowl for bargains

    Cash-rich CI Holdings Bhd (CIH) is still looking for a new business to buy after selling its beverage-making unit Permanis Sdn…

    October 28, 2011 / No Comment / Read More
    Technology

    Which player can steal more eyeballs in pay-TV market?

    PAY TV there has been some failures in the past. Mega TV, FineTV and MiTV never made it big. In fact, some just closed shop after a…

    October 28, 2011 / No Comment
    Trade

    ‘Flavours of Chile’ to enrich business ties with Malaysia

    A trade delegation of more than 15 Chilean firms led by the Chilean Export Promotion Bureau (ProChile) will be in Kuala Lumpur on Thursday and Friday to…

    November 8, 2011 / No Comment
    Tourism

    MASholidays goes 3D to promote destinations, rebrands packages

    MASholidays, the travel and tour arm of Malaysia Airlines (MAS), has embarked on promoting Malaysia as a premier tourist destination through a first-of-its-kind 3D Virtual Social Game…

    November 8, 2011 / No Comment
    Franchising

    Malaysia franchises abroad to grow 10pc

    The Malaysian Franchise Association (MFA) expects the number of local franchise companies establishing their business overseas to grow 10 per cent annually. A main committee member of…

    September 20, 2011 / No Comment
    Health & Drugs

    Pharmaniaga in Mid-East JV deal

    Malaysia’s biggest pharmaceutical companyPharmaniaga Bhd has signed a memorandum of collaboration (MoC) with Modern Industrial Investment Holding Group Co Ltd and E-Healthline for a pharmaceutical joint venture (JV) project in…

    October 28, 2011 / No Comment
    Oil-Gas & Petroleum

    Ex-servicemen get fruitful return from ‘golden crop’

    Did you know that for every oil palm seed sold by Applied Agricultural Resources Sdn Bhd (AAR), half of the profits go to soldier pensioners? “We jointly…

    November 7, 2011 / No Comment
    Insurance

    MAS, AirAsia get Bank Negara nod

    Malaysia Airlines (MAS) has received approval from Bank Negara Malaysia for the issuance of its warrants to non-resident shareholders of AirAsia Bhd. Similarly, AirAsia has also secured…

    November 4, 2011 / No Comment
    Technology

    Which player can steal more eyeballs in pay-TV market?

    PAY TV there has been some failures in the past. Mega TV, FineTV and MiTV never made it big. In fact, some just closed shop after a…

    October 28, 2011 / No Comment