Chor How: ‘Part of our strategy is to diversify into property.’

Lay Hong moves on

MOVING on has never been so evident, and perhaps a tad hurtful too, than seeing how fast integrated poultry player Lay Hong Bhd has managed to secure new shareholders and developments the moment its previous largest shareholder – QL Resources Bhd – walked out the door.

Teoh – a self-made billionaire

JUST who is David Teoh Siang Hai (caricature), a self-made Malaysian-born billionaire and executive chairman of TPG Telecom Ltd?

Boosting retirement fund

EPF Member’s Investment Scheme an option to enhance retirement savings.

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Eye On Stock: WCT Holdings Bhd

UPSIDE potential is seen for WCT Holdings Bhd’s shares in the week ahead, as the counter’s technical indicators are displaying a bullish momentum.

3 October 2015 | 12:00AM |


Rising deposits: Customers leave a Maybank branch in Putrajaya. The amount of foreign currency deposits in local banks has grown by leaps and bounds since 2007 – Reuters

Limited downside for ringgit?

The Alternative View - By M. Shanmugam
THE amount of foreign currency deposits held in local banks by individuals and companies has grown by leaps and bounds since 2007 -- an indication that the confidence in the local currency has been waning not now but from several years ago.

3 October 2015 | 12:00AM |

shan's column

Hai-O Enterprise Bhds Puer collection

Investing in tea leaves

Malaysia is deemed as the best place to store tea as the tea fetches a better price than that stored in Indonesia or Thailand.

3 October 2015 | 12:00AM |


US a long way from "macroprudential" safeguards

BOSTON: The United States is a long way from putting in place rules that will protect the financial system and the economy from broad risks, due in part to regulatory structure and to the difficulties of predicting the next crisis, a top Federal Reserve official said.

4 October 2015 | 1:50PM |


Jobless rate in US unchanged

Payrolls rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signaling the global slowdown and financial-market turmoil are rippling through the world's largest economy.

3 October 2015 | 12:00AM |


IMF Managing Director Christine Lagarde speaks about the world financial situation and the upcoming 2015 IMF / World Bank Annual Meetings during a Council of the Americas event in Washington, DC, September 30, 2015. AFP PHOTO / SAUL LOEB

Listing of PJT Partners on Wall Street makes sense

Comment - By Michael P. Regan
THE rationale that led to boutique investment bank PJT Partners Inc becoming a public company is pretty clear. The rationale for buying the stock? Well, that's not as obvious.

3 October 2015 | 12:00AM |


Lethal weapon: Tham says brands today are competing with each other for survival and those that have a better story to tell will prosper.

The truth about story-telling

FOR a product or a brand to be impactful, it must have a good story behind it, according to Ogilvy & Mather Worldwide chief creative officer Tham Khai Meng.

3 October 2015 | 12:00AM |


Tower buy: Axiata says the acquisition of the 75 Myanmar Tower stake is based on an enterprise value of US221mil on a cash-free and debt-free basis. — Bloomberg

RM551mil stake buy

PETALING JAYA: Axiata Group Bhd is acquiring a 75% stake in Myanmar Tower Company for RM551.3mil (US$125mil) cash.

3 October 2015 | 12:00AM |


Proton invests over RM18bil in R&D

SHAH ALAM: Proton Holdings Bhd has invested more than RM18bil in research and development (R&D) since its establishment 30 years ago, said its chief technical officer Abdul Rashid Musa.

3 October 2015 | 12:00AM |


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