In search of yields

Uncertain interest rate environment makes it tough for EPF to invest

Affin banks on consumer loans

It plans to derive most growth from this segment

The impact of new wage hike

Plantation, manufacturing seen hurt most by latest minimum salary proposal

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Crude oil rebound sustainable

KUALA LUMPUR: US Light sweet crude oil futures rebounded strongly from the recent low of US$42.03 on March 18 to a high of US$57.42 on April 16 before turning rangebound on consolidation.

21 April 2015 | 1:56PM |

Oil & Gas

Construction of MRT reaches 61.9%

KUALA LUMPUR: The construction of the Mass Rapid Transit (MRT) project has reached 61.9%, said MRT Corp Sdn Bhd chief executive officer, Datuk Seri Shahril Mokhtar.

21 April 2015 | 2:46PM |

Corporate News

Bumi Armada rebounds, near late November high

KUALA LUMPUR: Bumi Armada Bhd’s share price rose to a high of RM1.28 on Tuesday, which was near the late November high of RM1.36 before it skidded in line with the collapse in crude oil prices.

21 April 2015 | 3:26PM |

Oil & Gas

Jef Ong: ‘We are the fastest growing international roaming provider in the Asia-Pacific with over 300,000 subscribers today.’

Flexiroam heads to ASX

PETALING JAYA: Flexiroam Ltd, a Malaysia-based technology firm that provides workable solutions for those roaming on their mobile phones when travelling, has been approved to list on the Australian stock exchange (ASX), following in the footsteps of the few tech start-ups from this part of the world to head Down Under for their flotations.

20 April 2015 | 12:00AM |


Matrix Concepts buys land in Puchong

KUALA LUMPUR: Property developer, Matrix Concepts is acquiring a 5.8 acre land from IRDK Ventures Sdn Bhd for a residential development project in Puchong, Selangor for RM95mil.

21 April 2015 | 5:42PM |


Singtel bids farewell to ASX

KUALA LUMPUR: Singapore Telecommunications Ltd (Singtel) is seeking a delisting from the Australian Securities Exchange (ASX) where its securities are listed in the form of Chess Depositary Interests (CDIs).

21 April 2015 | 5:08PM |

Corporate News

UK chip designer ARM hits a high after iPhone 6 boost

ARM Holdings, the British chip designer favoured by Apple, beat expectations for first-quarter profit thanks to demand for the iPhone 6, and said its royalties would grow as its latest technology is used in more smartphones.

21 April 2015 | 5:03PM |


China launches 3 new free trade zones

BEIJING: China officially launched another three free trade zones (FTZs) on Tuesday after the establishment of the country's first FTZ, the Shanghai FTZ, in September 2013.

21 April 2015 | 3:57PM |


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