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Business

FGV needs model change

KUALA LUMPUR: Felda Global Ventures Sdn Bhd’s (FGV) current business model, which is heavily dependent on crude palm oil (CPO) prices, is not sustainable, said president and chief executive Datuk Sabri Ahmad.

Business

DRB-Hicom plans tie-ups for Proton with strategic partners to boost its export markets

PETALING JAYA: DRB-Hicom Bhd will initiate partnerships between Proton Holdings Bhd and its foreign strategic partners to assist the national carmaker in its foray into the global market.

Community

Caltex offers great rewards in festive contest

THE ARRIVAL of the Year of the Dragon could prove an enjoyable and prosperous time for participants of the KeEMASan with Caltex contest.

Nation

Ex-exec denies 61 counts of CBT

SHAH ALAM: A former senior accounts executive claimed trial to 61 counts of criminal breach of trust amounting to RM258,000 at a Sessions Court here.

Community

Collection arrives at the right time

ROLEX Boutique by Swiss Watch Gallery recently celebrated the festive season as well as the arrival of the Basel 2011 Novelties.

Nation

Ex-exec denies 61 counts of CBT Woman accused of depositing cheques in her account

SHAH ALAM: A former senior accounts executive claimed trial to 61 counts of criminal breach of trust amounting to RM258,000 at a Sessions Court here.

Business

Maybank to sell stake in Indonesia's BII, appoints UBS

JAKARTA: Malayan Banking Bhd (Maybank), Malaysia's biggest lender by assets, has appointed UBS to handle the sale of a stake in its banking unit, PT Bank Internasional Indonesia (BII), its chairman said on Monday.

Business

December price growth seen slower

PETALING JAYA: The pace of inflation is expected to continue trending down with December’s consumer price index (CPI) registering another drop as slower global economic growth dampens commodity prices.

Other Sport

Chong Wei reminds sceptics he’s still worth a crack at Olympic gold

LEE Chong Wei drummed out an emphatic message to the sceptics who do not think he is good for Olympic gold: Write him off at your peril.

Nation

Scrapping of four routes a business decision, says Fernandes

KUALA LUMPUR: The decision by AirAsia X to suspend four of its loss-making international routes is purely a business decision and must be viewed positively by Malaysians, said AirAsia co-founder and chief executive officer Tan Sri Tony Fernandes.