Business

Construction works on MRT1 underground transport hub progressing smoothly. — Bernama

MRT2 works to start

PETALING JAYA: Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is expected to start awarding contracts for the various packages of the RM23bil Mass Rapid Transit line 2 (MRT2) in the last quarter of this year.

Gan: ‘We could potentially see more mergers and acquisitions.

Bankers remain positive on capital raising

PETALING JAYA: There is a silver lining in the investment banking business despite the weak capital market activities that could spur banks’ bottom line this year amid a challenging economic outlook.

Your highest calling

FINANCIAL SNACKS - By JOYCE CHUAH
Be prepared financially if you plan to include caregiving for one or both of your parents.

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GST: Perodua dealers seek to reclaim sales tax

KUALA LUMPUR: While consumers will benefit from cheaper cars from Perodua with the implementation of the Goods and Services Tax on April 1, this has not gone down well with the dealers with unsold stocks.

30 March 2015 | 6:23PM |

Automotive

Govt has no plan to peg ringgit

KUALA LUMPUR: The government has no plan to peg the ringgit against the US dollar to address its depreciation, Deputy Finance Minister Datuk Chua Tee Yong said.

30 March 2015 | 3:03PM |

Forex

China to cut 80 million tonnes of steel capacity

BEIJING: China will aim to cut as much as 80 million tonnes of excess steel capacity in the next three years to tackle a massive supply glut that has plunged much of the sector into crisis, a government official said.

30 March 2015 | 12:00AM |

Foreign News

Berjaya Corp, REDtone advance on takeover news

KUALA LUMPUR: Berjaya Corporation shares rose in active trade early Monday after it raised its stake in REDtone International to 35.84% and required it to make a takeover offer for the remaining shares at 80 sen each.

30 March 2015 | 10:02AM |

M&A

GST: Perodua dealers seek to reclaim sales tax

KUALA LUMPUR: While consumers will benefit from cheaper cars from Perodua with the implementation of the Goods and Services Tax on April 1, this has not gone down well with the dealers with unsold stocks.

30 March 2015 | 6:23PM |

Automotive

Govt has no plan to peg ringgit

KUALA LUMPUR: The government has no plan to peg the ringgit against the US dollar to address its depreciation, Deputy Finance Minister Datuk Chua Tee Yong said.

30 March 2015 | 3:03PM |

Forex

Ringgit lower against dollar

KUALA LUMPUR: The ringgit opened lower against the US dollar as the greenback remain firm against major currencies, currency traders said.

30 March 2015 | 10:58AM |

Corporate News

KLCI up on mild window dressing for Q1

KUALA LUMPUR: Mild window dressing for key FBM KLCI stocks sent the 30-stock up nearly seven points in mid-morning Monday for the first quarter ending March 31.

30 March 2015 | 10:41AM |

Markets

Oil prices dip as Iran as world powers seek nuclear deal

SINGAPORE: Oil prices dipped in Asian morning trading on Monday, adding to steep losses in the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted.

30 March 2015 | 10:10AM |

Markets

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