icon video

1MDB cleared of Bank Negara probe

PETALING JAYA: The Attorney General’s Chambers (AGC) has cleared 1Malaysia Development Bhd (1MDB) of any wrongdoing in relation to an investigation initiated by Bank Negara into its investments overseas.

New product: Astro Malaysia Holdings Bhd chief operating officer Henry Tan, CEO Datuk Rohana Rozhan and chief commercial officer Liew Swee Lin (right) at the launch of the company’s new on demand entertainment offering, which allows customers to select content and instantly watch it on TV and on a device.  See story on page 2

Astro’s latest offering

KUALA LUMPUR: Astro Malaysia Holdings Bhd expects its new on demand (OD) offering and additional video-on-demand content to bring in additional average revenue per user (arpu). Yesterday, the company launched OD by Astro, which allows customers to select content and instantly watch it on TV and a device.

Vessel job: Lim says the company sees potential in maintenance of HVAC systems.

Daya Materials wins RM88mil job from France-based firm

KUALA LUMPUR: Daya Materials Bhd has been awarded a 17.7 million euro (RM88mil) contract to provide marine heating, ventilating and air-conditioning (HVAC) equipment and services for six navy vessels.

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

Asian markets, KLCI advance as ringgit, oil surge

KUALA LUMPUR: Key Asian markets including the Malaysian stock market climbed at midday on Friday as investor sentiment firmed up on rising expectations that the US Federal Reserve was not in a hurry to hike interest rates.

9 October 2015 | 1:26PM |


KLCI surges past 1,700 as ringgit rallies

KUALA LUMPUR: Malaysia’s blue chips climbed in early Friday trade, powered by Petronas stocks and banks, following the firm overnight close on Wall Street as the ringgit rallied.

9 October 2015 | 9:27AM |


Ringgit climbs on weak US dollar sentiment

KUALA LUMPUR: The ringgit soared against the US dollar in early Friday trade, fuelled by bearish sentiment for the greenback following the release of the US Federal Reserve's minutes for its September meeting.

9 October 2015 | 9:45AM |


Oil surges to settle at three-month high on bullish outlook

NEW YORK: Oil prices climbed to their highest in three months on Thursday after a closely watched oil forecaster predicted prices would climb to US$75 over the next two years, adding to early gains notched after a rally in Chinese stocks worries about Syria.

9 October 2015 | 7:06AM |

Oil & Gas

Malaysia's ringgit at biggest daily gain against US$ in 17 years

KUALA LUMPUR: The ringgit recorded its biggest one-day gain in 17 years against the US dollar after a slew of economic data helped push the battered currency on an upward trajectory against the greenback. The ringgit leaped 3.7% against the greenback yesterday to RM4.216 from RM4.371 on Tuesday.

8 October 2015 | 12:00AM |


Westport in Port Klang functioning as a well-oiled machine.

Westports grows at slower pace

KNOWN for its productivity and the speed of its turnaround time, Westports Holdings Bhd has seen steady growth and is said to be well-positioned to capitalise on several avenues of growth in 2015.

10 October 2015 | 12:00AM |

Westports Holdings Bhd

The short position

INTERESTINGLY, in its inaugural list of the 50 richest families in Asia, Forbes Asia has listed the Kuok family as having Singaporean citizenship, although the family’s patriarch – Robert Kuok aka the Sugar King of Asia/Hotel King – remains very much a Malaysian.

10 October 2015 | 12:00AM |

Robert Kuok

CPO forecast: For this year, MIDF Research maintains its CPO forecast at an average of RM2,175 per tonne. – Reuters

Managing the palm oil stockpile

THIS Monday, all eyes will be on the September palm oil statistics to be released by the Malaysian Palm Oil Board (MPOB), which will determine whether the palm oil inventory will hit a new all-time high of 2.7 million tonnes as widely speculated by analysts and industry players alike.

10 October 2015 | 12:00AM |

Palm oil stocks

Higher exports: The textile industry is expected to increase its exports by 20 with the elimination of duties on textiles in the TPPA countries. — Bernama

TPPA in the spotlight

WHILE details of the Trans-Pacific Partnership Agreement (TPPA) are still scarce, analysts believe the overall benefits of the deal to the economy should outweigh its costs in the medium to long term.

10 October 2015 | 12:00AM |


Lam: ‘I’ve benefited from learning the right trading skill.’

Determined to go all the way to win

KENANGA Investment Bank Bhd’s KenTrade Trading Challenge 2, which kicked off this month, will see a large number of individuals looking to outwit each other via a simulated stock market event.

10 October 2015 | 12:00AM |


PT Bank Internasional Indonesia Tbk president director Taswin Zakaria.

Banking on mobile payment

BANKING is certainly evolving. It is no longer just about making money from the traditional fee-based or interest income services, but banks are starting to see opportunities in the mobile payment and logistics sector.

10 October 2015 | 12:00AM |


Tok Pa – engine behind TPPA

LEADING a ministry representing Malaysia throughout the many meetings to iron out the recently concluded Trans-Pacific Partnership Agreement (TPPA) must have been an arduous task for International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

10 October 2015 | 12:00AM |

Mustapa Mohamad

Khazanah to take up space at iconic The Shard

PETALING JAYA: Khazanah Nasional Bhd is renting out space in London’s tallest building to house its European investment operations, according to a report by London Evening Standard.

10 October 2015 | 12:00AM |


Hong Leong Bank eyes 32% growth in digital banking users

KUALA LUMPUR: Hong Leong Bank Bhd (HLB) aims for a 32% growth in its total digital banking user base of 700,000 by end-2016, driven by its mobile banking technology lifestyle proposition -- Hong Leong Connect’s Biometric Authentication solution.

9 October 2015 | 10:10PM |


  • Page 1 of 34

Go to page:



GST Updates