Business

Creators of value

CREADOR the private equity fund and its founder Brahmal Vasudevan (pic) are fast becoming household names in the local investment scene.

‘I’m a lucky guy’, says de Kretser who is holding the PR Professional of the Year trophy from the PRWeek Awards Asia 2014.

Go Group’s geographical expansion phase is almost complete

The Australian, who has more than three decades of PR experience, has over the last decade built Go’s Asian network from the office in Petaling Jaya. Go now has offices in 13 markets and a combined staff of 400. And it has also racked up many local and international accolades.

Painting your returns

AT a time when the global economic environment is considered volatile and uncertain, investors are looking for other avenues apart from traditional investments such as the equity market, that can still provide them with returns.

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Malaysians must get used to unsubsidised fuel prices

Subsidy is often viewed positively by the consumers but negatively by economists. However, the bottom line is, the population needs to adapt to real world prices and the country needs to boost its finances by cutting back on expenses such as subsidies.

22 November 2014 | 7:30PM |

Corporate News

Addicted to debt

Highly leveraged, the resilience of many Malaysian households will be tested as the economic environment turns challenging.

22 November 2014 | 12:00AM |

Corporate News

Buying a property or an asset?

CITY Valuers and Consultants Sdn Bhd managing director P. B. Nehru (pic) shares his views and concerns about the property market. The interest in the property sector the last several years has resulted in developers offering various types of projects.

22 November 2014 | 12:00AM |

Property

A shot of Bumi Armada Bhd’s Armada Firman 2 at the Drydocks World Shipyard in Tuas, Singapore

Mistry boost for Bumi Armada

WHILE it is generally business as usual for shipping giant Bumi Armada Bhd, two developments have taken place recently that make the stock an interesting counter to watch.

22 November 2014 | 12:00AM |

Corporate News

epa04418025 Visitors look at the newly-launched Malaysian car Proton Iriz at a showroom in Petaling Jaya, near Kuala Lumpur, Malaysia, 26 November 2014.  Malaysias car manufacturer Proton on 25 September launched the first compact car with a 1.3-litre engine, hoping to regain their domestic automobile market from mainly foreign competitors. The Iriz model is available in two engine variants, a 1.3 litre VVT (variable valve timing) and a 1.6 litre VVT. At prices between 42,438 and 62,888 Malaysian Ringgit (10,206 to 15,130 Euro or 13,000 to 19,278 US dollars) Proton targets to sell 16,000 units a month with the aim of selling some 160,000 units yearly.  EPA/AZHAR RAHIM

Proton seen headed in the right direction

THE recent announcement by automotive conglomerate DRB-Hicom Bhd that it plans to raise RM2bil in funds, mostly to help turn around wholly-owned carmaker Proton Holdings Bhd, is seen as a move in the right direction by many.

22 November 2014 | 12:00AM |

Auto

SEC director with big stock holdings stirs debate

WASHINGTON: Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters.

22 November 2014 | 6:54AM |

CPO price up on lower output prospects

KUALA LUMPUR: Malaysian palm oil futures rose on Friday following two days of declines to notch up a weekly gain as the rainy season was expected to curb yields, although sluggish export demand capped gains.

22 November 2014 | 7:05AM |

Plantations

Malaysians must get used to unsubsidised fuel prices

Subsidy is often viewed positively by the consumers but negatively by economists. However, the bottom line is, the population needs to adapt to real world prices and the country needs to boost its finances by cutting back on expenses such as subsidies.

22 November 2014 | 7:30PM |

Corporate News

CPO price up on lower output prospects

KUALA LUMPUR: Malaysian palm oil futures rose on Friday following two days of declines to notch up a weekly gain as the rainy season was expected to curb yields, although sluggish export demand capped gains.

22 November 2014 | 7:05AM |

Plantations

SEC director with big stock holdings stirs debate

WASHINGTON: Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters.

22 November 2014 | 6:54AM |

Canada sees Burger King/Tim Hortons decision before Christmas

VANCOUVER: The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc of Canada's iconic coffee-and-donut Tim Hortons Inc, Industry Minister James Moore said on Friday.

22 November 2014 | 6:49AM |

World stock markets and oil prices raly

NEW YORK: World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.

22 November 2014 | 6:46AM |

Honda in talks with other suppliers for Takata air bag fix

DETROIT: Honda Motor Co is in talks with two air bag suppliers to help it stock replacement parts for defective Takata Corp air bags, the Wall Street Journal reported on Friday, citing people aware of the planning.

22 November 2014 | 6:44AM |

Wall St. ends at records on central bank action

NEW YORK: U.S. stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy.

22 November 2014 | 6:39AM |

Journey of a savvy investor

THE façade of Imperial College’s City and Guild building in South Kensington will see a slight change in 2016 when works on a rooftop laboratory start. Interestingly, the state-of-the-art facility, which will be used for drone testing, is to be named the Brahmal Vasudevan aerial robotics lab.

22 November 2014 | 12:00AM |

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