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Malaysia, 10 other TPPA members to discuss next course of action
KUALA LUMPUR: Following the announcement by the United States (US) on its withdrawal from the Trans Pacific Partnership Agreement (TPPA), Malaysia and the 10-other members will hold a meeting to discuss the next course of action on the world’s largest trade deal.
Digi posts RM375mil Q4 net profit, declares 4.8 sen dividend
KUALA LUMPUR: Digi.Com Bhd posted a net profit of RM374.62mil in the fourth quarter ended Dec 31, 2016 compared with RM382.36mil a year ago.
Ahmad Maslan: TPPA failure won't curtail Malaysia's trade
ALOR STAR: The failure to finalise the Trans Pacific Partnership Agreement (TPPA) following the withdrawal of the United States, does not mean that Malaysia’s trade will be curtailed or retarded, said International Trade and Industry Deputy Minister Datuk Ahmad Maslan.
Trading ideas: Yinson, Uzma, Dancomech, Nakamichi
KUALA LUMPUR: Yinson, Uzma, Dancomech and Nakamichi are among the stocks to watch on Monday following their corporate announcements.
Merger activity for independent US wealth managers up 10%
NEW YORK: Merger activity among independent wealth management firms in the US hit an all-time high in 2016 as more of the industry’s aging workforce retired, the economy strengthened and more advisers were able to obtain financing for acquisitions, according to new study.
Opec: Oil cuts deeper than expected
LONDON: The Organisation of the Petroleum Exporting Countries (Opec) and Russia said they are ahead of schedule implementing their historic agreement to curb oil output and boost prices.
Tencent dominates China mobile app usage
BEIJING: Tencent Holdings Ltd’s messaging services were by far the most popular Chinese mobile apps in 2016, leading steady growth in the world’s largest Internet and smartphone market, the government’s online industry overseers said yesterday.
Syarikat Takaful Malaysia finalising corporate structure
PETALING JAYA: Syarikat Takaful Malaysia Bhd, which is not discounting the possibility of a merger and acquisition (M&A), is in the midst of finalising its corporate structure in line with requirements under the Islamic Financial Services Act (IFSA) 2013.
Ekovest confident of Duke growth
PETALING JAYA: Ekovest Bhd is confident that the intracity Duke Highway will continue to see healthy traffic growth despite the rise and proliferation of the public transport sector in Malaysia.