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Misif urges Govt to lower electricity tariffs

30 January 2015

PETALING JAYA: The Malaysian Iron and Steel Industry Federation (Misif) has urged the Government to lower electricity tariffs so that Malaysia can avoid losing its competitive edge in Asean and global markets.

AmBank's MD Ashok to step down

30 January 2015

PETALING JAYA: AMMB Holdings Bhd (AmBank Group), which has been reported to be going through a change at the helm of its management, said that group managing director (MD) Ashok Ramamurthy (pic) would be stepping down as part of a planned transition at the banking group.

Expert: GST to have mininal impact on property sector

30 January 2015

KUALA LUMPUR: The goods and services tax (GST) is expected to be a mere blip on the property sector, with a rise of not more than 3% to 4% in terms of property prices, according to property consultancy Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman.

Fortune magazine: It’s worth investing in Malaysia

30 January 2015

KUALA LUMPUR: Malaysia is one of the “seven emerging markets worth putting your money in”, according to Fortune magazine.

Optimistic view on UMW Oil & Gas

30 January 2015

CIMB Research said its communication with UMW Oil & Gas Corp Bhd’s (UMW-OG) management revealed that the company’s fleet expansion continued with the delivery of the US$220mil Naga 7 on Wednesday from a Shenzen yard.

China’s Shengrong, Alfafa to build hotel in Sepang

30 January 2015

SEPANG: Shengrong International Group (M) Sdn Bhd will partner Alfafa Group to build a RM150mil three-star hotel on a 1.2ha site in Sepang.

MARC sees RM50b-RM60b new bond, sukuk in 2015

30 January 2015

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) expects the gross newly rated bond/sukuk issuance volume to be in the range of RM50bil-RM60bil in 2015.

Asdion may buy TAZ Logistics

30 January 2015

PETALING JAYA: Software producer Asdion Bhd is expected to acquire TAZ Logistics Sdn Bhd, marking its entry into the logistics and transportation sector.

Moody’s affirms rating on MAHB with positive outlook

30 January 2015

KUALA LUMPUR: International ratings agency Moody’s Investors Service has affirmed A3 issuer rating on Malaysia Airport Holdings Bhd (MAHB) with a positive rating outlook.

Property market to consolidate, foreclosures seen rising

30 January 2015

KUALA LUMPUR: Property prices in Malaysia are expected to consolidate this year after seeing a rebound in the first half of 2014, said property consultancy Rahim & Co.

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