Ganeshwaran Kana

Recent and archived articles by Ganeshwaran Kana

5 Feb 2019 | 7:00 AM

Quiet end to Year of the Dog; will the Year of the pig be better?

PETALING JAYA: The Year of the Dog ended negatively for Malaysian equities, with the benchmark FBM KLCI closing the year on a flattish note.

The Year of the Dog ended negatively for Malaysian equities, Will the Year of the Pig bring better tidings?
30 Jan 2019 | 5:01 PM

Malaysia’s 2018 exports beat expectations

KUALA LUMPUR: Malaysia’s total exports growth in 2018 has beaten expectations as it rose to RM998.01bil, amid the US-China trade war and the uncertainties in the global environment.

30 Jan 2019 | 7:00 AM

MAHB, Tourism Malaysia allocate RM20mil for fund

SEPANG: Malaysia Airports Holdings Bhd (MAHB) and Tourism Malaysia have jointly allocated a total of RM20mil to boost Malaysian tourism and increase international tourist arrivals in 2019.

Datuk Mohammadin Ketapi, Tourism, Arts and Culture Minister (2nd left) and Datuk Kamarudin Jaffar, deputy minister of Transport (3rd left) witnessing the MOU signing ceremony represented by Datuk Musa Yusof, director general of Tourism Malaysia (left) and Raja Azmi Raja Nazuddin, group ceo of Malaysia Airports (right), in Sepang, Tuesday, January 29, 2019. - RAJA FAISAL HISHAN/The Star.
29 Jan 2019 | 7:00 AM

Suiwah shares hit limit-up on privatisation plan

PETALING JAYA: Suiwah Corp Bhd, whose share price dropped to a five-year low a month ago, surged 22.94% yesterday following the decision of its major shareholder to privatise the retail firm.

Suiwah manages a portfolio of departmental stores, supermarkets, malls, convenient stores and event halls on Penang island under the trade name of Sunshine. The company is also involved in property development and the semiconductor industry.
26 Jan 2019 | 7:00 AM

Mesiniaga’s RM1.9bil job under the microscope

But CEO gives assurance that all is in order

23 Jan 2019 | 7:00 AM

Mesiniaga and Heitech Padu hit limit-up

PETALING JAYA: Shares in Mesiniaga Bhd surged to their highest in four years to hit limit-up as investors scooped up the shares after the group said it secured a multi-billion-ringgit contract for high-speed Internet infrastructure.

nvestors buy Mesiniaga shares after it secures EM-IIG project
18 Jan 2019 | 7:00 AM

Affin initiates coverage on Scientex with ‘buy’ call

PETALING JAYA: Affin Hwang Capital Research has initiated coverage on packaging material maker Scientex Bhd, with a “buy” rating and a target price of RM10.10.

Attractive valuation: A file picture showing Scientex MD Lim Peng Jin. Scientex is a top five global player in stretch film packaging and a leading developer of affordable homes in Peninsular Malaysia
18 Jan 2019 | 7:00 AM

Govt promises to speed up auto approval process

PETALING JAYA: The government has assured carmarkers that it will speed up the approvals on incentives for automotive companies, a day after the Malaysian Automotive Association (MAA) lambasted the Pakatan Harapan administration for dragging its feet in approving prices for new car models.

Deputy International Trade and Industry Minister Ong Kian Ming(pic) told Bernama that the approval process related to the incentives for the new models would be made more efficient, moving forward.
17 Jan 2019 | 7:00 AM

Car sales in Malaysia to shift to lower gear

MAA: Delay in approval of new car prices affecting overall market

Higher sales: A woman walking toward her car in a parking lot in Putrajaya. The MAA says the local automotive sector’s TIV grew 3.8 to 598,714 units, exceeding MAA’s earlier forecast of 1.5. — AP
16 Jan 2019 | 1:13 PM

MAA expects flat auto sales for 2019

PETALING JAYA: The Malaysian automotive industry recorded a rebound in total sales in 2018 following two years of consecutive contraction, with a 3.8% growth in total industry volume (TIV).