AirAsia to make Langkawi its international hub by year-end

KUALA LUMPUR: AirAsia plans to make Langkawi its international hub for the region by year-end, said chief executive officer Aireen Omar.

CPO forecast: For this year, MIDF Research maintains its CPO forecast at an average of RM2,175 per tonne. – Reuters

Managing the palm oil stockpile

THIS Monday, all eyes will be on the September palm oil statistics to be released by the Malaysian Palm Oil Board (MPOB), which will determine whether the palm oil inventory will hit a new all-time high of 2.7 million tonnes as widely speculated by analysts and industry players alike.

Contender: HSL is a contender for the Pan Borneo highway project.

HSL to ride on Sarawak play

WHEN it comes to Sarawak-based stocks, the focus tends to fall on Cahya Mata Sarawak Bhd (CMS).

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Damansara Heights proximity to the city of Kuala Lumpur, and its many bungalows set among much greenery, has made it one of the Kuala Lumpurs most prestigious address.

Is the property sector really down?

THE situation in the current property market can almost be likened to a “perfect storm” – an expression that describes a drastic situation that is caused by a combination of (often rare) circumstances.

10 October 2015 | 12:00AM |


Back to bread and butter

JUST a few months back, a social media post on food price comparison between United Kingdom and Malaysia went viral and attracted plenty of attention.

10 October 2015 | 12:00AM |

Alan tong

Higher exports: The textile industry is expected to increase its exports by 20 with the elimination of duties on textiles in the TPPA countries. — Bernama

TPPA in the spotlight

WHILE details of the Trans-Pacific Partnership Agreement (TPPA) are still scarce, analysts believe the overall benefits of the deal to the economy should outweigh its costs in the medium to long term.

10 October 2015 | 12:00AM |


Malaysia's power play

Malaysia’s power-generation sector is in play. The country’s blueprint to plant up sufficient capacity to meet the nation’s growing needs has taken many twists and turns. The issues seem to have intensified in recent weeks.

10 October 2015 | 12:00AM |


Asian markets, KLCI advance as ringgit, oil surge

KUALA LUMPUR: Key Asian markets including the Malaysian stock market climbed at midday on Friday as investor sentiment firmed up on rising expectations that the US Federal Reserve was not in a hurry to hike interest rates.

9 October 2015 | 1:26PM |


Tok Pa – engine behind TPPA

LEADING a ministry representing Malaysia throughout the many meetings to iron out the recently concluded Trans-Pacific Partnership Agreement (TPPA) must have been an arduous task for International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

10 October 2015 | 12:00AM |

Mustapa Mohamad

KLCI surges past 1,700 as ringgit rallies

KUALA LUMPUR: Malaysia’s blue chips climbed in early Friday trade, powered by Petronas stocks and banks, following the firm overnight close on Wall Street as the ringgit rallied.

9 October 2015 | 9:27AM |


Kuok family, ringgit and CLIQ's fund raising

INTERESTINGLY, in its inaugural list of the 50 richest families in Asia, Forbes Asia has listed the Kuok family as having Singaporean citizenship, although the family’s patriarch – Robert Kuok aka the Sugar King of Asia/Hotel King – remains very much a Malaysian.

10 October 2015 | 12:00AM |

Corporate News

Lam: ‘I’ve benefited from learning the right trading skill.’

Determined to go all the way to win

KENANGA Investment Bank Bhd’s KenTrade Trading Challenge 2, which kicked off this month, will see a large number of individuals looking to outwit each other via a simulated stock market event.

10 October 2015 | 12:00AM |


PT Bank Internasional Indonesia Tbk president director Taswin Zakaria.

Banking on mobile payment

BANKING is certainly evolving. It is no longer just about making money from the traditional fee-based or interest income services, but banks are starting to see opportunities in the mobile payment and logistics sector.

10 October 2015 | 12:00AM |


Different ways: Sime management reiterates that various options are being studied to lower the gross gearing of the group to what it considers to be an ideal level.

Affin: Rights issue inevitable for Sime

KUALA LUMPUR: An equity issue may be inevitable for Sime Darby if it wants to reduce its gross gearing from 58% now to an “ideal level” of 40%, said Affin Hwang Capital Research.

10 October 2015 | 12:00AM |

sime darby

Mitrajaya wins RM52mil contract

KUALA LUMPUR: Mitrajaya Holdings Bhd has bagged a RM52.19mil contract to build the main infrastructure at Pahang Technology Park in Gambang.

10 October 2015 | 12:00AM |


High-level meetings: The impact of many of the UN’s actions and initiatives isn’t immediately felt in our daily lives. And when the UN holds meetings, the matters discussed are often high-level, big-picture stuff that trickles slowly into national consciousness. — Reuters

Caring about the right agenda

IT’S hard for most of us to relate well to what goes on at the United Nations (UN). The 70-year-old organisation with 193 member states no doubt has a huge role – the first purpose listed in the UN Charter is “to maintain international peace and security” – and wields considerable influence.

10 October 2015 | 12:00AM |

"Optimistically Cautious"

Debating Harvard: the convict’s tale

According to the New York Times, a group of New York jailbirds has out debated Harvard University’s team – the top-ranked debate club in the world.

10 October 2015 | 12:00AM |


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