Zunaira Saieed

Recent and archived articles by Zunaira Saieed

23 Apr 2019 | 7:00 AM

Alliance in tie-up with Zurich

KUALA LUMPUR: Alliance Bank and its unit, Alliance Islamic Bank, have tied up exclusively with insurance company Zurich Malaysia for 15 years to offer general insurance and takaful products, with an aim to achieve revenue of up to RM200mil over the tenure.

In agreement: (from left) Zurich General Takaful Malaysia CEO Zuhairi Ismail, Fike, Kornreich and Alliance Islamic Bank CEO Rizal IL-Ehzan at the signing of the 15-year 	exclusive bancassurance and bancatakaful agreements.
5 Apr 2019 | 7:00 AM

Scomi and Prasarana end monorail job dispute

PETALING JAYA: A settlement has finally been reached between Scomi Group Bhd’s subsidiary, Scomi Transit Projects Sdn Bhd (STP), and Prasarana Malaysia Bhd with the signing of a new contract for RM303mil, ending their dispute relating to the Kuala Lumpur Monorail Fleet Expansion Project Contract back in June 3, 2011.

4 Apr 2019 | 7:00 AM

Thun: Make innovation accessible to all workers

KUALA LUMPUR: Although innovations in businesses have transformed the 21st century, a low percentage of Malaysian employees are innovating in the digital era.

29 Mar 2019 | 7:00 AM

Berjaya Corp Q3 net loss narrows to RM62.89mil

KUALA LUMPUR: Berjaya Corp Bhd’s net loss narrowed to RM62.89mil for third quarter ended Jan 31, 2019 (3Q19) from a loss of RM92.50mil a year ago due to improved performances from the marketing of consumer products.

However, the group noted that its restaurants and cafes business revenue boosted on the back of same-store-sales growth recorded by Berjaya Starbucks Coffee Company Sdn Bhd as well as additional Starbucks cafes in Malaysia compared to a year ago
29 Mar 2019 | 7:00 AM

Mah Sing buys freehold land for RM90mil

KUALA LUMPUR: Mah Sing Properties Sdn Bhd, a subsidiary of Mah Sing Group has acquired 4.63 acres of freehold land in Mukim Petaling for RM90.3mil inclusive of development charge to build residential suites.

Director of group strategy and operations Lionel Leong (file pic) said there are plans to build two to four-bedroom units for first time homebuyers and upgraders with a built up from 700 sq ft priced from RM428,000.
27 Mar 2019 | 7:00 AM

No cash no problem

KUALA LUMPUR: More Malaysians are migrating to e-wallet cashless transactions but one big beneficiary in digital payments and becoming a cashless society is the stamping out of corruption.

“When we talk about cashless system, an important benefit is that it can help cut down corruption, and I am sure corruption is much reduced in China, partly also because of the cashless system,” said Finance Minister Lim Guan Eng.(pic)
26 Mar 2019 | 7:00 AM

Labuan IBFC’s business sectors see 12.5% growth

PETALING JAYA: The business sectors of the Labuan International Business and Financial Centre (Labuan IBFC) saw a rise in new businesses of 12.5% or 1,059 companies mainly from Japan, China and South Korea last year driven by robust business polices and the intermediate role of the centre.

23 Mar 2019 | 7:00 AM

Wan Azmi on E&O, snakes and knife-making

From pythons and durian farming to insights into the property market and why retirement doesn’t work for him, businessman Tan Sri Wan Azmi Wan Hamzah (pic) waxed lyrical in a casual chat with StarBizweek this week.

20 Mar 2019 | 7:00 AM

Wan Azmi enters E&O ... again

KUALA LUMPUR: Prominent businessman Tan Sri Wan Azmi Wan Hamzah has emerged as a substantial shareholder in Eastern & Oriental Bhd (E&O) after his corporate vehicle, Sweetwater SPV Sdn Bhd, took up a 9.09% stake in the property company by subscribing to a private placement.

Upside: It is the Penang market that E&O is exposed to that Wan Azmi feels has tremendous upside for the property company.
18 Mar 2019 | 7:00 AM

Local tech firms urged to focus on innovation

KUALA LUMPUR: Pendrive inventor, Datuk KS Pua said Malaysian technology companies must focus on innovation to move up the value chain.

Pua: I tried to do here, but I failed because of the mindset of young men who are not hungry to earn money.