KUALA LUMPUR: Mah Sing Group Bhd has cancelled its proposed purchase of 3.56 acres of land near Taman Titiwangsa where it had earlier proposed to build affordable condominiums with a gross development value (GDV) of RM650mil.
KUALA LUMPUR: The move to encourage Uber drivers in Malaysia to start saving for their retirement was given a boost following the signing of an MoU between the Employees Provident Fund (EPF) and Uber Malaysia.
SINGAPORE: Fidelity International favours Singaporean and Malaysian stocks in the short term, while it likes Thai stocks the least in Southeast Asia because of weak growth.
PETALING JAYA: Peter Bellew, the Irish chief executive officer of Malaysia Airlines Bhd (MAS), has denied that he is leaving the airline because of too much interference from Khazanah Nasional Bhd and the Governmen.
KUALA LUMPUR: CIMB Group Holdings Bhd's subsidiary CIMB Thai posted lower net profit of 554.4mil baht (RM70.71mil) in the nine months ended Sept 30, 2017 due to higher provisions for non performing loans (NPLs).
KUALA LUMPUR: Bintai Kinden Corp is teaming up with Vista Springs Development Sdn Bhd to undertake a mixed development project in Bachang, Melaka. The gross development value (GDV) is about RM350mil.
KUALA LUMPUR: Bursa Malaysia Securities has queried Hubline Bhd over the sharp rise in the share price and volume recently.
TAIPEI: Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated.
SHAH ALAM: Top Glove Corp Bhd will soon announce a major acquisition which will be around RM1bil, according to its chairman Tan Sri Lim Wee Chai.
THE long road from financial crisis to recovery passed another milestone in September when the US Federal Reserve (Fed) announced that it would start to reduce its $4.5 trillion balance sheet from October.