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Property 15 Feb 2019 | 12:00 AM

Sunway REIT Q2 net profit lower at RM66mil

PETALING JAYA: Sunway Real Estate Investment Trust’s (REIT) net profit for the second quarter ended Dec 31 fell 6.4% to RM66.4mil.

Corporate News 15 Feb 2019 | 12:00 AM

Dialog Group quarterly net profit up 18% to RM137mil on cost savings

PETALING JAYA: Dialog Group Bhd’s net profit for the second quarter ended Dec 31 jumped 18.2% to RM136.8mil.

Insurance 15 Feb 2019 | 12:00 AM

BSompo targets higher premiums

KUALA LUMPUR: Berjaya Sompo Insurance Bhd (BSompo) is targeting gross written premiums of RM990mil for 2019, up from RM904mil last year.

Business 15 Feb 2019 | 12:00 AM

Malaysia’s balance of payments records higher surplus

KUALA LUMPUR: Malaysia’s balance of payments recorded a higher surplus of RM33.5bil last year compared to 2017, contributed by better surplus in goods account and lower deficit in services account, the Statistics Department said.

Banking 15 Feb 2019 | 12:00 AM

Maybank Indonesia posts record profit

PETALING JAYA: Maybank Indonesia has recorded a new high of 2.2 trillion rupiah (RM635.93mil) in its profit after tax and minority interests (Patami) for the financial year ended Dec 31, 2018.

Corporate News 15 Feb 2019 | 12:00 AM

LRT3 project expected to resume in second half

MRCB in process of redesigning rail project

Corporate News 15 Feb 2019 | 12:00 AM

Research house lowers AirAsia target price

KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 a share as it expects crude oil prices to climb while higher airport charges may hurt demand

Business 15 Feb 2019 | 12:00 AM

Australia’s Woodside beefs up dividend on strong oil prices

MELBOURNE: Australia’s Woodside Petroleum Ltd surprised investors with a fat dividend after reporting a 36% rise in annual profit, underpinned by stronger oil prices.

Business 15 Feb 2019 | 12:00 AM

Why Walmart farms out deliveries to ‘gig’ drivers

It costs company less but such workers lack loyalty

World 14 Feb 2019 | 11:24 PM

First stop for migrant kids: For-profit detention centre

HOMESTEAD, Fla., SAN FRANCISCO, Calif. (Reuters) - For a growing number of migrant children, this is their first home in America: a sprawling campus dotted with beige buildings, massive white tents and metal trailers, next door to a U.S. Air Force base.