MRCB expects property division to hit RM1b sales target: Malaysian Resources Corp Bhd (MRCB) is targeting property sales of RM1bil this year from RM850mil last year. The group is also looking at RM2.2bil worth of property launches in 2016.
AirAsia X
confident of turnaround sustainability: Airasia X group chief executive officer Datuk Kamarudin Meranun said the carrier should be able to sustain its turnaround, moving forward. “We will face what is historically been usually a difficult second quarter, but we have already budgeted for it properly,” he said, — StarBiz
Asia File fourth-quarter net profit jumps 31%: Stationery maker Asia File Corp Bhd’s net profit rose 31% to RM16.92mil in the fourth quarter, while total sales was down slightly at RM97.3mil from RM100.8mil a year earlier. Earnings per share rose to 8.87 sen against 6.83 sen previously. — StarBiz
Statistics dept sees business slowdown in Q2: Business is expected to slow down in the second quarter of 2016, as shown by the confidence indicator of minus 3.7% compared with minus 0.7% in the preceding quarter, the statistics department said. — Bernama
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