Business

Stiffer penalties for telcos and and broadcasting industries

PETALING JAYA: Companies in the telecommunications and broadcasting industries will be subjected to stiffer penalties that at the moment are described as measly by the minister in charge of ensuring the operators providing services toe the line.

Shahril: ‘We will have 10 main packages compared to eight in the first line.’

RM10bil MRT tunnelling job, tender to start this week,

KUALA LUMPUR: The tunnelling job for mass rapid transit (MRT) line 2 is expected to be about RM10bil, the most expensive package of the RM28bil project.

More IPOs in the second half of the year

PETALING JAYA: Although there has been only two initial public offerings (IPOs) so far this year, there is likely to be a flurry of small- to medium-sized company listings in the second half of 2015.

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Asian shares got off to a lackluster start Monday

TOKYO: Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Federal Reserve Chair rekindled expectations that the Fed is on track to hike interest rates.

25 May 2015 | 8:30AM |

Stocks

Will the May-Sept romance on the stock market turn rocky?

IN view of the consensus for a US rate hike in September, will the May-September romance on the stock market turn rocky? This is the question on most investors’ minds as the equities bet is left standing with a lot of changes happening in the last four weeks that have gone against expectations.

25 May 2015 | 12:00AM |

Stocks

Smart banking, potential higher return

Maybank Islamic‘s new Syariah-compliant Mudarabah Investment Account (IA) allows customers to potentially earn higher and stable returns. The investment account products are to be launched on the 16 June 2015.

24 May 2015 | 8:26AM |

Banking

KPJ Healthcare eyes RM90mil health tourism revenue

KUALA LUMPUR: KPJ Healthcare Bhd aims to increase its revenue from health tourism to RM90mil this year from RM78mil in 2014, says vice-president (1) corporate and financial services Mohd Sahir Rahmat.

25 May 2015 | 12:00AM |

Stocks

JPDC seeks Far East investors for Pengerang

JOHOR BARU: Johor Petroleum Development Corp Bhd (JPDC) is focusing on investors from the Far East to invest in petrochemical activities at Pengerang Integrated Petroleum Complex (PICP), says its chief executive Mohd Yazid Ja’afar.

25 May 2015 | 12:00AM |

Oil & Gas

Bank of England confirms EU exit research after email misfire

LONDON: The Bank of England (BoE) plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project.

25 May 2015 | 12:00AM |

Economy

Better adex seen in H2

PETALING JAYA: Advertising expenditure (adex) is expected to improve in the second half (H2) of this year, as advertisers start adapting to the implementation of the goods and services tax (GST) and “start spending confidently” again.

25 May 2015 | 12:00AM |

Stocks

Asian shares got off to a lackluster start Monday

TOKYO: Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Federal Reserve Chair rekindled expectations that the Fed is on track to hike interest rates.

25 May 2015 | 8:30AM |

Stocks

KPJ Healthcare eyes RM90mil health tourism revenue

KUALA LUMPUR: KPJ Healthcare Bhd aims to increase its revenue from health tourism to RM90mil this year from RM78mil in 2014, says vice-president (1) corporate and financial services Mohd Sahir Rahmat.

25 May 2015 | 12:00AM |

Stocks

Will the May-Sept romance on the stock market turn rocky?

IN view of the consensus for a US rate hike in September, will the May-September romance on the stock market turn rocky? This is the question on most investors’ minds as the equities bet is left standing with a lot of changes happening in the last four weeks that have gone against expectations.

25 May 2015 | 12:00AM |

Stocks

JPDC seeks Far East investors for Pengerang

JOHOR BARU: Johor Petroleum Development Corp Bhd (JPDC) is focusing on investors from the Far East to invest in petrochemical activities at Pengerang Integrated Petroleum Complex (PICP), says its chief executive Mohd Yazid Ja’afar.

25 May 2015 | 12:00AM |

Oil & Gas

Yellen tone suggests choppiness for markets this week

NEW YORK: US stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks.

25 May 2015 | 12:00AM |

Stocks

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