Business

US dollar peg to remain, says HK chief executive

KUALA LUMPUR: The policy to keep the Hong Kong dollar pegged against the US dollar will remain although the Asian currencies have come under increasing pressure due to the volatility in the dollar.

Sarawak Energy chief executive Datuk Torstein Dale Sjotveit. - ZULAZHAR SHEBLEE / THE STAR

Sarawak’s Baleh dam will have 1,285-MW capacity

KUCHING: The proposed Baleh hydroelectric dam, which Sarawak Energy Bhd (SEB) plans to build to boost its power generation capacity, will have an installed capacity of 1,285 MW.

Ter is mainly injecting shares of his private property companies.

QL substantial shareholders take up stake in Sunsuria

PETALING JAYA: Agri-food and poultry giant QL Resources Bhd is poised to emerge as a substiantial shareholder in property developer Sunsuria Bhd, which is embarking on the Xiamen University Malaysia Campus property development project in Sepang, said sources.

  • previous
  • 1
  • 2
  • 3
  • next
  • Top Stories
  • Latest

Why Malaysians rejected proposed EPF withdrawal age

The Prime Minister Datuk Seri Najib Tun Razak made an announcement that had many Malaysians let out a sigh of relief. The hotly debated Employees Provident Fund’s (EPF) proposal of raising the full withdrawal age from 55 to 60, had many Malaysians worried.

26 April 2015 | 2:04PM |

Personal Finance

Solar power the way to go

SINGAPORE: One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world’s top industrialised nations. With nuclear power in the doldrums after the Fukushima disaster, it’s solar energy that is becoming the alternative.

27 April 2015 | 12:00AM |

solar

MMHE net profit up 4%

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) net profit for the first quarter ended March 31, 2015 increased 4% to RM36.03mil, from RM34.63mil a year ago on the back of higher revenue from the group’s offshore and marine divisions.

27 April 2015 | 2:57PM |

Corporate News

KLCI ekes out slim gains in volatile trade

KUALA LUMPUR: The FBM KLCI eked out slim gains at the midday break on Monday in volatile trade, which saw the 30-stock coming under pressure in late morning as plantation stocks fell.

27 April 2015 | 12:56PM |

Markets

Carimin partners with Middle East companies

KUALA LUMPUR: Carimin Petroleum Bhd, oil and gas (O&G) services provider has inked collaboration agreements with Makamin Offshore Saudi Ltd (MOS) and Petrol Allied International DMCEST (PAI) to jointly tender for oil and gas business activities in Saudi Arabia, the Middle East, South East Asia and Australia.

27 April 2015 | 1:03PM |

Oil & Gas

Firm start for Bursa Malaysia as Tenaga, TM advance

KUALA LUMPUR: Malaysia’s blue chips kicked off the new week on Monday on a strong note, sending the FBM KLCI up nearly five points, underpinned by gains in heavyweights Tenaga Nasional and Telekom Malaysia.

27 April 2015 | 9:48AM |

Markets

ASE to invest RM300mil in new plant

GEORGE TOWN: ASE Group, one of the world’s largest integrated circuit (IC) test and packaging house, is investing over RM300mil for its new RM50mil plant in Bayan Lepas over the next three to five years.

27 April 2015 | 12:00AM |

ASE Group

MMHE net profit up 4%

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd’s (MMHE) net profit for the first quarter ended March 31, 2015 increased 4% to RM36.03mil, from RM34.63mil a year ago on the back of higher revenue from the group’s offshore and marine divisions.

27 April 2015 | 2:57PM |

Corporate News

Carimin partners with Middle East companies

KUALA LUMPUR: Carimin Petroleum Bhd, oil and gas (O&G) services provider has inked collaboration agreements with Makamin Offshore Saudi Ltd (MOS) and Petrol Allied International DMCEST (PAI) to jointly tender for oil and gas business activities in Saudi Arabia, the Middle East, South East Asia and Australia.

27 April 2015 | 1:03PM |

Oil & Gas

KLCI ekes out slim gains in volatile trade

KUALA LUMPUR: The FBM KLCI eked out slim gains at the midday break on Monday in volatile trade, which saw the 30-stock coming under pressure in late morning as plantation stocks fell.

27 April 2015 | 12:56PM |

Markets

Kenanga maintains Underperform on Pantech

KUALA LUMPUR: Kenanga Research is maintaining a ‘underperform’ call on Pantech Group Holdings Bhd (Pantech) with a target price of RM0.74, based on calendar year 2016 with a price to earnings ratio of nine times.

27 April 2015 | 12:26PM |

Analyst Reports

BHP faces A$522 mln tax bill on Singapore marketing hub

MELBOURNE: BHP Billiton is contesting A$522 million ($409 million) in Australian tax bills on its Singapore marketing operations up to 2010, after having paid almost no tax in Singapore since 2006, the global miner told an Australian Senate panel.

27 April 2015 | 9:54AM |

Corporate News

  • Page 1 of 34

Go to page:

advertisement

GST Updates

advertisement

advertisement