Business

The ringgit has weakened by almost 5 year-to-date against the US dollar. Yet, Bursa Malaysia has remained at levels above 1,800 points.

A new conundrum emerges from the weaker ringgit

STOCK markets that remain strong or unaffected amid a weakening currency represent a new conundrum for investors.

Fateh Iskandar: ‘Overall cost of construction has increased by 30 since three years ago.’

Centro to be central in Kayu Ara area

GLOMAC Bhd will be launching the second phase of its mixed commercial development Glomac Centro V this weekend, three years after it launched its first phase in 2012.

Chua: JV parties to submit separate returns under GST

PUTRAJAYA: Landowners and property developers, who form joint ventures (JV) to develop land and sell the units, would need to register and submit separate returns under the goods and services tax (GST), said Deputy Finance Minister Datuk Chua Tee Yong (pic).

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BCorp launches takeover of REDtone

Petaling Jaya: Berjaya Corp Bhd has launched a takeover of REDtone International Bhd and is offering 80 sen a share, which could be seen as too low.

28 March 2015 | 12:00AM |

REDTone

Naza proposes to finance up to 90% of LRT 3

PETALING JAYA: The Naza Group, which is jointly bidding for the role of project delivery partner (PDP) for the development of the RM9bil light rail transit line three (LRT 3) with China-based CSR Zhuzhou Electric Locomotive Co Ltd, has proposed to finance up to 90% of the project.

27 March 2015 | 12:00AM |

Naza

Simplifying the concept of GST?

GOT a WhatsApp message from my friend today saying that he heard my name mentioned over the morning run show of a business radio station.

28 March 2015 | 12:00AM |

GST

Testing corporate resilience

Malaysian corporates have generally reduced their gearing levels in the last four years, putting themselves in a better position to weather any economic shocks.

28 March 2015 | 12:00AM |

stress

Breakout likely

REVIEW: Bursa Malaysia quickly moved to the positive side despite starting the week 2.42 points easier at 1,801.23, as investors took advantage of the sharply higher US equities and crude oil prices to indulge in bargain hunting.

28 March 2015 | 12:00AM |

Market Trend

Bioalpha to unlock its potential in retailing

KUALA LUMPUR: Bioalpha Holdings Bhd, a health supplements company that will make its debut on the ACE Market of Bursa Malaysia on April 14, plans to fully unlock its retail potential to market its products both locally and overseas.

27 March 2015 | 12:00AM |

Bioalpha

Crest Builder MD, family rationalise 36% stake

KUALA LUMPUR: Crest Builder Holdings Bhd managing director Yong Soon Chow and his family have rationalised their interests in the construction company by transfering 58.97 million shares, or 35.73%, in an off-market deal.

28 March 2015 | 12:00AM |

crestbuilder

Intel in talks to buy Altera, shares of firms surge

NEW YORK: Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.

28 March 2015 | 12:37PM |

Corporate News

Intel in talks to buy Altera, shares of firms surge

NEW YORK: Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.

28 March 2015 | 12:37PM |

Corporate News

Fed's Yellen sees gradual rate hikes starting this year

SAN FRANCISCO/WASHINGTON: Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual.

28 March 2015 | 12:30PM |

Banking

BCorp launches takeover of REDtone

Petaling Jaya: Berjaya Corp Bhd has launched a takeover of REDtone International Bhd and is offering 80 sen a share, which could be seen as too low.

28 March 2015 | 12:00AM |

REDTone

Faber to disclose hospital service job value after April 1

PETALING JAYA: Faber Group Bhd will disclose the contract value of the hospital support services (HSS) after April 1 and after it gets the Government’s approval to do so. The 10-year HSS contract takes effect next month, it managing director said.

28 March 2015 | 12:00AM |

Faber

Simplifying the concept of GST?

GOT a WhatsApp message from my friend today saying that he heard my name mentioned over the morning run show of a business radio station.

28 March 2015 | 12:00AM |

GST

Two major changes on entry conditions for MMA 2015

THE Malaysian Media Awards (MMA) 2015 will incorporate two major changes to its conditions of entry in an effort to challenge and push industry boundaries, according to MMA chairman Bala Pomaleh.

28 March 2015 | 12:00AM |

MMA

Mulpha Land on the cusp of change

MULPHA Land Bhd, a property company that had been off investors’ radar for a very long time, has suddenly come to life, with its shares surging by some 35% over the past one week.

28 March 2015 | 12:00AM |

Mulpha Land

fnhovid 08 - Hovid Bhd and Carotech managing director David Ho.

Ringgit lift for Hovid

THE weakening of the ringgit and favourable industry dynamics emerging in the pharmaceutical industry could be a catalyst to drive future growth for Hovid Bhd.

28 March 2015 | 12:00AM |

Hovid

Selangor Prop Q1 profit down

KUALA LUMPUR: Selangor Properties Bhd posted a lower pre-tax profit of RM59.6mil for the first quarter ended Jan 31, 2015, from RM157.1 million a year earlier.

28 March 2015 | 12:00AM |

selangor

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