Business

Tan Sri Liew Kee Sin, Chairman of Eco World Development Group Bhd and Mr Liew Tian Xiong, Executive Director of Eco World Development Group Bhd.

The debate on Liew

Entrepreneur who drives the smaller Eco World group is still a much talked-about figure in corporate world

Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar (left) and Malakoff chairman Tan Sri Syed Anwar Jamalullail at the prospectus launch recently.

Most powerful IPO this year

FOR an initial public offering (IPO) that looked like a tough sell early on, the appetite for Malakoff Corp Bhd’s issue has grown significantly strong.

Lau named Media Person of the Year at the Cannes Lions Festival of Creativity.

Lau’s Tencent worth of contribution

IN the corporate world, Malaysian-born SY Lau might be synonymous with Tencent Holdings Ltd, a China-based company best known for its mobile text and voice messaging communication service, WeChat.

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A GST notice is displayed at a supermarket in Shah Alam. Do expect the Government to continue broadening the GST base in the coming years – first by removing the exemption from the long list of exempted products and then when it is not able to balance its budgets again, to raise the percentage on a gradual basis. — EPA

GST – show me the money, show us our money

On Your Own - By TAN THIAM HOCK
Why am I not surprised that the furore of the goods and services tax (GST) debate has now moved to the service tax? GST is a new tax. Service tax has been around for umpteen years and never disputed as consumers have a choice.

25 April 2015 | 12:00AM |

GST

Brent at 4-1/2 month high; US crude up for sixth week

NEW YORK: Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.

25 April 2015 | 7:13PM |

Oil & Gas

Alibaba, China Telecom tie up to sell phones

SHANGHAI: Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

25 April 2015 | 7:18PM |

Corporate News

Alibaba, China Telecom tie up to sell phones

SHANGHAI: Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

25 April 2015 | 7:18PM |

Corporate News

Greece not playing a game of chicken on debt

NEW YORK: Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.

25 April 2015 | 7:16PM |

Government

Brent at 4-1/2 month high; US crude up for sixth week

NEW YORK: Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.

25 April 2015 | 7:13PM |

Oil & Gas

Eduspec to venture into Asean

ONE of the more unique education stocks listed on Bursa Malaysia is Eduspec Holdings Bhd. While it is serving the education sector, it is classified as a technology counter on the ACE Market.

25 April 2015 | 12:00AM |

Eduspec Holdings Bhd

Oil price fall impact on EPF limited

KUALA LUMPUR: The decline in oil prices has had a “limited” impact on the portfolio of the Employees Provident Fund (EPF), said chief executive officer Datuk Shahril Ridza Ridzuan.

25 April 2015 | 12:00AM |

epf

Supermax to score first with new contact lens operations

KUALA LUMPUR: Supermax Corporation Bhd’s new RM65mil contact lens business, expected to be launched in the third quarter of this year, is set to make the group the first Malaysian-owned brand manufacturer (OBM) for the product globally.

25 April 2015 | 12:00AM |

super

Top Glove still looking to expand via M&As

KUALA LUMPUR: The world’s leading rubber glove maker Top Glove Corp Bhd, which expects to post a double-digit growth in net profit this year, is still looking to expand rapidly via mergers and acquisitions (M&As).

25 April 2015 | 12:00AM |

top glove

Farid receiving the award from Najib. Looking on is Asean Business Advisory Council chairman Tan Sri Munir Majid.

Maybank’s Farid named CEO of The Year

Kuala Lumpur: Malayan Banking Bhd chief executive officer Datuk Abdul Farid Alias was named CEO of The Year in the Asean Business Awards (ABA) 2015, which recognises outstanding enterprises in the Asean business community.

25 April 2015 | 12:00AM |

awards

MISC: No plans to divest AET Tanker

PETALING JAYA: Energy shipping company MISC Bhd has no plans to divest its wholly-owned petroleum tanker unit, AET Tanker Sdn Bhd, as recently reported.

25 April 2015 | 12:00AM |

MISC Bhd

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