Recent and archived articles by Izwan Idris
KUALA LUMPUR: Prestariang Bhd says it is entitled to compensation following the government’s decision to terminate a RM3.5bil project with the Immigration Department.
PETALING JAYA: Petroliam Nasional Bhd (Petronas) will raise capital expenditure (capex) spending in the last quarter of the year to lift production and increase capacity.
KUALA LUMPUR: Higher price of crude oil lifted Petronas' profit before tax up 26% to RM18.87bil in the third quarter ended Sept 30 compared with RM14.95bil made in the same period last year, as revenue increased 19% to RM63.9bil.
HO CHI MINH: Poultry producer Leong Hup International Bhd’s business unit in Vietnam is set to open its fourth and most advanced animal feed mill next month, as the group aims to capture a bigger share of the livestock industry
KUALA LUMPUR: Malaysia’s target to achieve high-income nation status by 2020, as set by the previous administration, has been pushed back by at least four years as the new government resets its growth priorities.
KUALA LUMPUR: The Light Rail Transit Line 3 (LRT3) project has received the Government’s greenlight to continue at a total project cost of RM16.6bil, according to separate filings by Malaysian Resources Corp Bhd (MRCB) and George Kent Bhd after the market closed on Wednesday.
KUALA LUMPUR: The company said it hoped to be invited back to the negotiating table with the government after Dr Mahathir on Tuesday said he would reconsider the Cabinet’s decision to terminate the underground contract.
KUALA LUMPUR: IHH said profit contribution from 60% owned Acibadem Holdings, a leading healthcare provider based in Turkey, dropped by a quarter in the three months ended June 30 due to unfavourable currency exchange rate.
KUALA LUMPUR: Shares in Reach Energy Bhd are shooting higher in heavy trade after the company posted its first quarterly net profit since it took over full control of an oil ands gas field in Kazakhstan more than a year ago.
KUALA LUMPUR: Shares in Sapura Energy Bhd slumped to a near all-time low, as investors fled on news that the oil and gas contractor is planning to launch a massive RM4bil cash call.