Royce Tan

Recent and archived articles by Royce Tan

23 Jul 2019 | 7:00 AM

PetChem’s earnings likely to soften in Q2 and Q3

PETALING JAYA: The earnings of Petronas Chemicals Group Bhd (PetChem) are expected to soften in the second quarter (2Q19) and this is likely to further weaken in the next quarter with a heavy plant turnaround, says Affin Hwang Capital Research.

Affun Hwang Research has downgraded the counter from a “buy” to a “hold”, as there are no near-term catalysts for it. It has also lowered PetChem’s target price to RM8.30 from RM10.10 previously
19 Jul 2019 | 7:00 AM

Steering clear of corruption to success

PETALING JAYA: It is no secret that Top Glove Corp Bhd aims to be a Fortune 500 company in the next 20 years.

19 Jul 2019 | 7:00 AM

Ensuring a smoother retrenchment exercise

PETALING JAYA: Downsizing or laying off employees as organisations undergo restructuring in the face of economic uncertainties is more than just deciding on the severance package for the potentially retrenched employees.

18 Jul 2019 | 7:00 AM

Wan Azmi, Zakhir buying into Scomi?

PETALING JAYA: Talk is rife that prominent businessman Tan Sri Wan Azmi Wan Hamzah and Datuk Mohd Zakhir Siddiqy Sidek are buying into debt-laden Scomi Group Bhd.

16 Jul 2019 | 7:00 AM

Malaysia to challenge EU’s plan to phase out biofuel

KUALA LUMPUR: Malaysia will bring a World Trade Organisation (WTO) challenge against the European Union (EU) over its plans to phase out palm biofuel.

Royal touch: Sultan Nazrin officiating at the launch of the conference. Looking on is Incorporated Society of Planters chairman Datuk Daud Amatzin (right).
13 Jul 2019 | 7:00 AM

Much to benefit from Malaysia-China ties

TIES between Malaysia and China are strong, as it has been through various economic ups and downs which goes back to almost 50 years when diplomatic ties between the two nations were first established. Bilateral trade between Malaysia and China had also hit the US$100bil mark.

Close relation: Star Media Group Bhd chairman Datuk Fu Ah Kiow (second from left) welcoming China’s Ambassador to Malaysia Bai Tian (centre) to Star Media Group’s Malaysia-China Outlook Forum 2019 at the Sheraton Hotel in Petaling Jaya. With them are (from left) Star Media Group independent director Chan Seng Fatt, LBS Bina Group Bhd managing director Tan Sri Lim Hock San and Star Media Group non-independent director Datuk Dr Mohd Aminuddin Mohd Rouse.
11 Jul 2019 | 7:00 AM

Anti-corrupt practices help firms to advance

PETALING JAYA: As an organisation grows, it is always vital to establish a strong foundation and good values, failing which an organisation would crumble should it be laden with issues of integrity and corruption.

Seminar speaker: Lee will be one of the speakers at the Corporate Liability on Corruption seminar.
10 Jul 2019 | 7:00 AM

SMEs to remain main driver of AmBank’s earnings

KUALA LUMPUR: Small medium enterprises (SMEs) will remain the main driver for the AmBank Group as it aims to increase the contribution from the segment to between 30% and 40% over the next three years.

Sulaiman: When it comes to deposits, because it’s so competitive, sometimes it compresses the margin.
9 Jul 2019 | 7:00 AM

Bestinet sets its eyes on going global

PETALING JAYA: Being the pioneer of an end-to-end platform for the management of foreign workers in Malaysia, Bestinet Sdn Bhd is now aiming to expand its Foreign Workers Centralised Management System (FWCMS) to more countries around the world.

8 Jul 2019 | 9:42 PM

Malaysia can capitalise on vast benefits from its ties with China, says economist

PETALING JAYA: There are vast benefits that Malaysia can capitalise on from its close ties with China, based on a relationship of equal partners, says economist Prof Dr Jomo Kwame Sundaram.

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