Business

Low oil prices fuel demand for mergers and acquisitions in oil and gas sector

PETALING JAYA: Lower oil prices are stoking demand for mergers and acquisitions (M&As) in the oil and gas (O&G) industry even as investors shy away from this once high-flying sector.

Masjid Jamek stands proudly at the confluence of Sungai Klang and Sungai Gombak. Its surrounding boasting heritage significance will be turned into heritage trails as part of the River of Life project, which involves 42 different agencies across a gamut of activities. Pemandu works with all of them to coordinate and provide support so targets are met.

Should Pemandu scale down and close shop; is it duplicating civil service role?

EVERY once in a while, voices emerge out of the woodwork to raise scepticism on Pemandu’s role and relevance. The last few weeks were no different. I would group the grumblings into these buckets:

Tips on how to plan and invest your money wisely

LOTS of people shy away from financial planning because they think they may be pressured into investing. And when you think investing, what comes to mind are horror stories of people who lost their life savings during the Asian financial crisis and Dot Com Bubble.

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IOI City Mall Sdn Bhd marketing and leasing head Chris Chong.

Plans to expand IOI City Mall in Putrajaya

PUTRAJAYA: IOI Properties Group Bhd said plans are already in the pipeline to add a further 1 million sq ft of retail space at IOI City Mall in Putrajaya as occupancy rate at the newly-opened complex reached 85%.

24 November 2014 | 12:00AM |

Property

Potential buyers looking at a scale model of the Lakeville project in Kuala Lumpur.

Mah Sing sales to hit record high

PETALING JAYA: Mah Sing Group Bhd’s sales are expected to hit new high in the last three months of the year from the record RM900mil achieved in the third quarter, buoyed by strong take-up rate of its Lakeville project in Kuala Lumpur.

24 November 2014 | 12:00AM |

Property

China ready to cut rates again on fears of deflation

BEIJING: China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

23 November 2014 | 6:36PM |

Banking

US stock investors give thanks for big stock gains

NEW YORK: U.S. stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.

24 November 2014 | 6:43AM |

Stocks

Diary Malaysia Nov 24 Monday

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

24 November 2014 | 8:36AM |

Dutch complete recovery of MH17 wreckage

AMSTERDAM: A week long operation to clear the wreckage from the crash site of Malaysia Airlines flight MH17 in Ukraine has been completed, the Dutch government said on Sunday.

24 November 2014 | 6:49AM |

Stocks

US stock investors give thanks for big stock gains

NEW YORK: U.S. stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.

24 November 2014 | 6:43AM |

Stocks

Intel could rise 30% over next two years

NEW YORK: Shares in microprocessor maker Intel Corp could rise more than 30 percent to US$48 over the next two years, Barron's reported in its Nov. 24 edition.

24 November 2014 | 6:38AM |

Stocks

Lockheed sees buyer for airship

PALMDALE: Lockheed Martin Corp expects to reach an agreement next year with a launch customer for a giant new hybrid airship that would revolutionise the way oil and mining companies haul equipment to the Arctic and other remote areas without roads.

24 November 2014 | 12:00AM |

lockheed

China rate cut knocks legs from under yuan rally

SHANGHAI: China’s surprise interest rate cut is another step toward softening the country’s exchange rate, setting the yuan on course to end the year lower for the first time since its landmark revaluation in 2005.

24 November 2014 | 12:00AM |

Banking

IOI City Mall Sdn Bhd marketing and leasing head Chris Chong.

Plans to expand IOI City Mall in Putrajaya

PUTRAJAYA: IOI Properties Group Bhd said plans are already in the pipeline to add a further 1 million sq ft of retail space at IOI City Mall in Putrajaya as occupancy rate at the newly-opened complex reached 85%.

24 November 2014 | 12:00AM |

Property

Potential buyers looking at a scale model of the Lakeville project in Kuala Lumpur.

Mah Sing sales to hit record high

PETALING JAYA: Mah Sing Group Bhd’s sales are expected to hit new high in the last three months of the year from the record RM900mil achieved in the third quarter, buoyed by strong take-up rate of its Lakeville project in Kuala Lumpur.

24 November 2014 | 12:00AM |

Property

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