Business

Abu Fitri: ‘We are hoping to land one big project at least by early next year.’

MMHE looks abroad

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), an oil and gas (O&G) services provider, is clearly facing challenging times, considering its depleting order-book and a need to increase the utilisation of its massive fabrication yard in Johor.

Jef Ong: ‘We are the fastest growing international roaming provider in the Asia-Pacific with over 300,000 subscribers today.’

Flexiroam heads to ASX

PETALING JAYA: Flexiroam Ltd, a Malaysia-based technology firm that provides workable solutions for those roaming on their mobile phones when travelling, has been approved to list on the Australian stock exchange (ASX), following in the footsteps of the few tech start-ups from this part of the world to head Down Under for their flotations.

Burning the candles at both ends

FINANCIAL SNACKS - By Cheong Wai Quan
A JOYOUS occasion and the long-awaited baby liven up my brother’s home front. At 45, he becomes a first-time dad.

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Retirement funding formula

Whilst most people recognise the need to plan for their retirement, recent surveys showed that only about 20% think they have planned and adequately saved for their retirement, with the remaining 80% not ready to replace their earned income when retirement comes along.

19 April 2015 | 3:53PM |

Personal Finance

Starwood Hotels introduces Tribute Portfolio

Stamford (USA): Starwood Hotels & Resorts Worldwide, Inc has introduced Tribute Portfolio, the company’s 10th brand and second collection of independent hotels with the debut of its first hotel, the Royal Palm South Beach Miami, a Starwood statement said.

20 April 2015 | 12:00AM |

hospitality

Foreign automakers still investing in China

SHANGHAI: Foreign automakers continue to plough money into factories in China, the world’s largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

20 April 2015 | 12:00AM |

Foreign News

Venezuela proposes novel OPEC oil blending deal

ORINOCO BELT, Venezuela: Venezuela has launched talks this month on a novel plan to blend the country's heavy crude with light oil from other OPEC allies, seeking to create a new variety that can compete against swelling U.S. and Canadian supplies.

20 April 2015 | 8:29AM |

Oil & Gas

Japan manufacturers' mood slides on global uncertainty

TOKYO: Confidence among Japanese manufacturers slid for the first time in three months in April but service-sector firms' mood improved, a Reuters poll showed, underscoring the uneven nature of the economy's rebound from a recession last year.

20 April 2015 | 8:27AM |

Economy

Starwood Hotels introduces Tribute Portfolio

Stamford (USA): Starwood Hotels & Resorts Worldwide, Inc has introduced Tribute Portfolio, the company’s 10th brand and second collection of independent hotels with the debut of its first hotel, the Royal Palm South Beach Miami, a Starwood statement said.

20 April 2015 | 12:00AM |

hospitality

Comcast, Time Warner to meet DoJ officals

NEW YORK: Representatives of Comcast Corp and Time Warner Cable Inc are preparing to meet US Department of Justice (DoJ) officials to discuss competition concerns raised by the planned US$45bil merger of the two cable giants, the Wall Street Journal reported.

20 April 2015 | 12:00AM |

Foreign News

Foreign automakers still investing in China

SHANGHAI: Foreign automakers continue to plough money into factories in China, the world’s largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

20 April 2015 | 12:00AM |

Foreign News

FSB chairman: Risk of sharp reversal remains

WASHINGTON: The world has adjusted well to divergent growth and monetary policy expectations but the risk of a “sharp and disorderly reversal” in financial markets remains, Financial Stability Board (FSB) chairman Mark Carney said.

20 April 2015 | 12:00AM |

Foreign News

Retirement funding formula

Whilst most people recognise the need to plan for their retirement, recent surveys showed that only about 20% think they have planned and adequately saved for their retirement, with the remaining 80% not ready to replace their earned income when retirement comes along.

19 April 2015 | 3:53PM |

Personal Finance

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