Business

Challenges for Reits

Volatile bond market, slowing consumer spending and moderating growth to affect performance in the quarters ahead

AXA Affin confident of outperforming market

KUALA LUMPUR: AXA Affin General Insurance Bhd, undeterred by the challenging economic climate that has been exacerbated by falling crude oil prices, is confident it will outperform the market in gross written premium (GWP) growth again this year.

Ubull: ‘We hope the SCORE Programme will spur other industry players to further develop their competencies to raise the standards of the local construction industry.’

Five-star rating for Gamuda

KUALA LUMPUR: CIDB Malaysia has awarded Gamuda Bhd the highest five-star SCORE rating, the first and only Malaysian company to achieve such a feat in the local construction industry.

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Time to give back to the community

THE removal of fuel surcharges by some airlines on lower oil prices has sparked questions on whether companies that use a lot of oil should also drop prices.

2 February 2015 | 12:00AM |

GST

Sakura Ferroalloys aims to export to Asian countries

KUCHING: Sakura Ferroalloys Sdn Bhd, which is expected to commission its manganese alloy smelting plant in Samalaju Industrial Park, Bintulu in October, is eyeing major steel manufacturers to sell its products.

2 February 2015 | 12:00AM |

Sakura

EU, US look for ‘fresh start’ in trade talks

BRUSSELS: US negotiators travel to European Union (EU) headquarters in Brussels today to jumpstart talks on the world’s biggest-ever free trade deal, which after nearly two years remain bogged down by public opposition.

2 February 2015 | 12:00AM |

trade talks

Sakura Ferroalloys aims to export to Asian countries

KUCHING: Sakura Ferroalloys Sdn Bhd, which is expected to commission its manganese alloy smelting plant in Samalaju Industrial Park, Bintulu in October, is eyeing major steel manufacturers to sell its products.

2 February 2015 | 12:00AM |

Sakura

More Malaysian participants expected at VIV Asia 2015

KUALA LUMPUR: The organisers of the biggest regional tradeshows for agriculture, horticulture, livestock and fisheries, VIV Asia 2015, to be held in Thailand in March, expect more Malaysian participants this year.

2 February 2015 | 12:00AM |

VIV

Time to give back to the community

THE removal of fuel surcharges by some airlines on lower oil prices has sparked questions on whether companies that use a lot of oil should also drop prices.

2 February 2015 | 12:00AM |

GST

Portugal property market continues to lure foreigners

LISBON: Portugal’s property market continues to expand at double digit rates thanks to foreign buyers, including China’s new wealthy, despite a corruption scandal over visas used to lure in rich non-Europeans.

2 February 2015 | 12:00AM |

Portugal

Most commercial banks in India fail to cut rates

MUMBAI: Only three of India’s 45 commercial banks have cut base lending rates since the Reserve Bank of India’s surprise easing last month, hurting the government’s drive to lift business investment.

2 February 2015 | 12:00AM |

India

Firms turn to tax advisers ahead of China crackdown

BEIJING: The Chinese government’s vow to increase tax scrutiny of foreign companies has sent firms rushing to tax advisers ahead of the implementation of new rules designed to rein in cross-border tax avoidance.

2 February 2015 | 12:00AM |

China tax

Hua Yang to buy MRR2 land

PETALING JAYA: Hua Yang Bhd has bought 8.09 acres of leasehold land along the Middle Ring Road 2 (MRR2) to build a high-rise mixed development project with an estimated gross development value (GDV) of RM800mil.

31 January 2015 | 10:25AM |

Property

While AirAsia has done away with fuel surcharges, there is no indication from MAS whether it will follow suit. — EPA

Little cheer for air travellers

SEVERAL global airlines have removed fuel surcharges but experts are saying travellers should brace themselves to pay the same airfares as last year as the removal is not going to translate into lower airfares.

31 January 2015 | 12:00AM |

Airlines

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