Business

FGV’s share price has slumped 58.5 and is trading at RM1.22.

Analysts positive on FGV’s Canada plant disposal

PETALING JAYA: Analysts have given the thumbs up to Felda Global Ventures Holdings Bhd’s (FGV) proposed disposal of its offseeds crushing and refining plant in Canada to Viterra Inc for RM608.2mil, stating that the sell-off is positive for the group since it is keen to raise funds for working capital and pay debts.

Prime asset: It is crucial for Northport (M) Bhd, the wholly-owned port subsidiary of NCB Holdings Bhd, to enhance the port business of MMC Corp Bhd should it decide to list the division.  See story on page 2

NCB’s gateway business gives it an edge

PETALING JAYA: Northport (M) Bhd, the wholly owned port subsidiary of NCB Holdings Bhd, is crucial in enhancing the port business of MMC Corp Bhd should it decide to list the division.

Changing trend: Malaysian packaging material producers are getting more orders lately because of the consistent quality of their packaging products.

Mixed fortunes for packaging material ops

While exporters gain from stronger dollar, domestic suppliers face weaker demand.

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icapital.biz Bhd managing director Tan Teng Boo at the press conference.

Investing during difficult times

PETALING JAYA: Amid a challenging socio-economic and political situation that Malaysia is now facing, icapital.biz Bhd will be holding its 2015 Investor Day.

31 August 2015 | 12:00AM |

Investing

Most emerging Asian currencies down

SINGAPORE: Most emerging Asian currencies slid on Monday and were set to post steep monthly losses as top U.S. Federal Reserve officials left the door open for an interest rate hike in September and Chinese stocks tumbled again.

31 August 2015 | 2:39PM |

Forex

Economic patriot: Nguyen Huu Duong walks inside a store in his building in Hanoi. Rapid growth in Vietnam is masking a chronically ill small-business sector that the rags-to-riches entrepreneur says is suffocated by a multi-billion dollar influx of cheap, mass-produced goods from China, under-cutting domestically produced items. — Reuters

Fighting a different Vietnam war

HANOI: Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the Vietnam War.

31 August 2015 | 12:00AM |

Vietnam

Indonesia favouring China over Japan in railway bid

JAKARTA: Indonesia is leaning towards China over Japan in an aggressive bidding battle to build the South-East Asian nation's first high-speed railway, two government sources involved in making the decision said.

31 August 2015 | 2:49PM |

Business

Amirul Feisal: ‘The second half is going to be difficult but it doesn’t mean we won’t see growth.’

Maybank eyes more revenue from overseas

KUALA LUMPUR: Malayan Banking Bhd (Maybank), ranked among the top five largest banking groups in South-East Asia, aims to increase its corporate banking services across the region, as the group targets to boost income contribution from overseas.

31 August 2015 | 12:00AM |

Banking

Muhibbah gets revenue in US dollars from three airports

THE oil and gas sector on the KL stock market, dampened by low oil prices and a weak ringgit, may be shunned for the moment, but not Muhibbah Engineering Bhd: it is positioning itself as a beneficiary of the strong US dollar and one of the main sub-contractors for the massive Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor.

31 August 2015 | 12:00AM |

Analyst Reports

Petronas eyes gas exploration ventures

KUALA LUMPUR: Petronas may positively consider to participate in joint gas exploration at the border areas of Venezuela and Trinidad and Tobago, Foreign Minister Datuk Seri Anifah Aman said.

31 August 2015 | 2:37PM |

Business

Indonesia favouring China in railway bid

JAKARTA: Indonesia is leaning towards China over Japan in an aggressive bidding battle to build the South-East Asian nation's first high-speed railway, two government sources involved in making the decision said.

1 September 2015 | 12:00AM |

Indonesia

Asian LNG price faces steep fall

SINGAPORE: Asian liquefied natural gas (LNG) prices could fall a further 25% in coming months as new supply, falling demand and weaker oil prices put it on par with iron ore and coal as the worst performing commodity of recent years.

1 September 2015 | 12:00AM |

LNG

Indonesia favouring China over Japan in railway bid

JAKARTA: Indonesia is leaning towards China over Japan in an aggressive bidding battle to build the South-East Asian nation's first high-speed railway, two government sources involved in making the decision said.

31 August 2015 | 2:49PM |

Business

Most emerging Asian currencies down

SINGAPORE: Most emerging Asian currencies slid on Monday and were set to post steep monthly losses as top U.S. Federal Reserve officials left the door open for an interest rate hike in September and Chinese stocks tumbled again.

31 August 2015 | 2:39PM |

Forex

Petronas eyes gas exploration ventures

KUALA LUMPUR: Petronas may positively consider to participate in joint gas exploration at the border areas of Venezuela and Trinidad and Tobago, Foreign Minister Datuk Seri Anifah Aman said.

31 August 2015 | 2:37PM |

Business

Japan July industrial output falls

TOKYO: Japan's industrial output unexpectedly fell in July in a worrying sign that high inventories and weak overseas demand could further hamper an economy struggling to recover from a slump in the second quarter.

31 August 2015 | 11:15AM |

Economy

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