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PETALING JAYA: SapuraKencana Petroleum Bhd has recorded a 125% increase in net profit to RM93.67mil for the first quarter ended April 30 compared with RM41.66mil a year ago.
KUALA LUMPUR: SHARE prices on Bursa Malaysia are expected to experience a mild rally this week after recent losses, said Affin Investment Bank head of retail research, Dr Nazri Khan.
ACCORDING to a news report, Nestle is likely to increase the prices of its dairy products by 4% to 8% by the middle of the year.
KUALA LUMPUR: RAM Rating Services Bhd may further downgrade the Selangor water bonds before July if the deadlock between the Selangor and Federal governments as well as the concessionaires on the restructuring of the state's water assets remains unresolved.
Analysts expect overall loans growththis year to be around 10% to 11% andforesee corporate loans growth thisyear to exceed or at least equal thatof consumer loans, driven by theGovernment's various initiatives.
PETALING JAYA: Dayang Enterprise Holdings Bhd, whose subsidiary has secured a RM802mil contract from Petronas Carigali Sdn Bhd, will see its order book swell to RM1.8bil.