Business

Expert: GST to have mininal impact on property sector

KUALA LUMPUR: The goods and services tax (GST) is expected to be a mere blip on the property sector, with a rise of not more than 3% to 4% in terms of property prices, according to property consultancy Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman.

AmBank's MD Ashok to step down

PETALING JAYA: AMMB Holdings Bhd (AmBank Group), which has been reported to be going through a change at the helm of its management, said that group managing director (MD) Ashok Ramamurthy (pic) would be stepping down as part of a planned transition at the banking group.

Misif urges Govt to lower electricity tariffs

PETALING JAYA: The Malaysian Iron and Steel Industry Federation (Misif) has urged the Government to lower electricity tariffs so that Malaysia can avoid losing its competitive edge in Asean and global markets.

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Johor likely to retain top spot as preferred investment destination

JOHOR BARU: Johor is likely to retain its leading position as the most preferred investment destination in the country in the manufacturing sector for 2014, according to Malaysian Investment Development Authority executive director, manufacturing development (resource) N. Sangaran.

29 January 2015 | 12:00AM |

Stocks

KLCI edges up 2 points; GenM, Maybank lift

KUALA LUMPUR: The KLCI edged up close to 2 points at midday on Friday after losing 21 points in the previous four days of trading, with Genting Malaysia and Maybank helping the market along.

30 January 2015 | 1:05PM |

Stocks

M'sian ringgit hit by S'pore easing monetary policy

PETALING JAYA: The ringgit has become an unwitting casualty of Singapore’s surprise easing of its tightly controlled monetary policy, as the country joined a growing list of central banks around the world taking extraordinary steps in shoring up faltering economic growth as inflation slows.

29 January 2015 | 12:00AM |

Banking

China's new tech rules play to local firms' strengths

Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from US business groups.

30 January 2015 | 1:08PM |

Foreign News

KLCI edges up 2 points; GenM, Maybank lift

KUALA LUMPUR: The KLCI edged up close to 2 points at midday on Friday after losing 21 points in the previous four days of trading, with Genting Malaysia and Maybank helping the market along.

30 January 2015 | 1:05PM |

Stocks

CIMB Research downgrades Bursa to Hold

KUALA LUMPUR: CIMB Research is downgrading Bursa Malaysia Bhd to Hold from Add and slashing its target price to RM8.05 from RM8.82 despite 2014 net profit exceeding expectations, saying it is cautious on the outlook for the equity market in 2015.

30 January 2015 | 11:09AM |

Analyst Reports

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